MongoDB Inc (NASDAQ:MDB) has shrunk its market capitalization by about a third since the start of the year, but stocks are showing signs of life after the company reported better-than-expected results earlier this week. Customers Indicate They View MongoDB as an Increasingly Strategic Tool, Says MongoDB CEO Dev Ittycheria. “PeopleRead More →

Sagicor Group Jamaica reports that its consolidated net profit attributable to shareholders, totaling $17.4 billion for the year ended December 31, 2021, is its highest yet. Sagicor generated profit on total revenue of $102.56 billion, growing 21% or $17.99 billion year-over-year. Its market capitalization also improved, from $195.1 billion inRead More →

Shares of Intuit Inc. (INTU) fell today after the company, which provides accounting software and tax solutions through its QuickBooks and TurboTax subsidiaries, announcement financial results for the second quarter of fiscal 2022. The company increased its total revenue by 70% to $2.7 billion thanks to the acquisition of Mailchimp,Read More →

Australia Post today announced first-half revenue of $4.80 billion, up 10.4% year-on-year, driven by the highest parcel volumes in Australia Post’s history. The improvement in the Group’s pre-tax profit of $199.8 million was underlined by asset sales and revaluations, as well as favorable movements in bond yields. Letter revenue ofRead More →

Morgan Stanley (MRS) operates as a global financial services company and provides investment banking products and services to its clients and customers, including corporations, governments, financial institutions and individuals. The bank operates through three segments, including Institutional Securities, Wealth Management and Investment Management. MS was founded in 1924 and isRead More →

By Maria Armental Discover Financial Services posted higher profits and revenue for the December quarter, but the results missed Wall Street projections, sending shares down about 4% in after-hours trading. PROFIT: Fourth-quarter profit rose to $1.07 billion from $799 million a year earlier. On a per share basis, earnings wereRead More →