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Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3

PYMNTS

As we look forward, the trajectory of the economic recovery remains unclear as the negative impact of COVID continues and further fiscal stimulus is uncertain,” CEO Charles Scharf told investors on the company’s earnings call. Debit card point-of-sale purchase volume hit $102.9 billion in the period, up 11.1 percent from a year ago.

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Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse

PYMNTS

The company reported the second-quarter profit of its fiscal year at $460 million, or 26 cents a share, on sales of $18.01 After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 billion, up from $14.9 billion in 2019. a share a year ago.

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Advent In Talks To Buy 50 Percent Of Walmart Brazil

PYMNTS

But Walmart has also suffered operating losses in Brazil for the past seven years, due in part to inferior locations, inefficient operations, labor issues and uncompetitive prices. However, there are signs that the country is in the process of recovering: Holiday sales were more than 5 percent higher than a year ago. billion) in 2016.

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How to create & use pro forma statements

Cube Software

The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. This is always important to do, but especially now in the midst of economic uncertainty.

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The Sharing Economy come home: The IPO of Airbnb!

Musings on Markets

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. In 2016, Airbnb extended the model, allowing hosts to offer experiences to their guests, for a fee, with Airbnb keeping 20% of the payment.

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Transcript: Tom Wagner, Knighthead Capital

Barry Ritholtz

it was a highly volatile environment we were expecting offers in the fall and none were really forthcoming in the areas where I wanted to work which was in in the high-yield department in the sales and trading desk. There was a gentleman who ran sales that literally introduced me to everybody in industry. in the evening.

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Musings on Markets: Control, Complexity and Politics: Deconstructing the Adani Affair!

CFO News Room

There is another seam or weakness in the global economic setting that Adani Enterprises exploited, and that is ESG, an acronym far more deserving of the “biggest con” label than Adani, since it is threatening to lay waster to trillions of dollars, not billions.

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