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Fintech Focus For June 16, 2021
Tuesday, June 15, 2021 - 6:28pm | 2518Quote To Start The Day: "[By] Labor Day, I'll be very disappointed if people haven't found their way into the office and then we'll have a different kind of conversation.” Source: James Gorman One Big Thing In Fintech: The most fundamental problem in financial services is...
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Fintech Focus For June 9, 2021
Tuesday, June 8, 2021 - 7:39pm | 2379Quote To Start The Day: "If you want to live a happy life, tie it to a goal, not to people or things.” Source: Albert Einstein One Big Thing In Fintech: A small number of banks have begun offering early direct deposit — a move that will cost them revenue in the short run but could...
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Fintech Focus For May 6, 2021
Wednesday, May 5, 2021 - 5:11pm | 1583Quote To Start The Day: “Creativity is knowing how to hide your sources.” Source: C.E.M. Joad One Big Thing In Fintech: CME Group, the world’s leading and most diverse derivatives marketplace, today announced that it will not reopen its physical trading pits that were closed last...
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Wix Reports Q1 Results: 4 Sell-Side Takes
Friday, May 17, 2019 - 2:53pm | 568The web development platform Wix.Com Ltd (NASDAQ: WIX)'s near-term cash strategy may put off investors as it spends money to boost collections — but the payoff should be worth it, sell-side analysts said Friday. Wix reported revenue of $174 million Thursday, just beating the...
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Wix Says It Will Separate Chairman And CEO Positions
Wednesday, February 10, 2016 - 3:29pm | 159Shares of Wix.Com Ltd (NASDAQ: WIX) surged higher by more than 10 percent on Wednesday after the company announced its decision to separate the positions of Chairman and CEO. Avishai Abrahami currently holds the title of both Chairman and CEO of Wix. Following the company's decision to...
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Market Wrap For December 2: Markets Sluggish on Cyber Monday
Monday, December 2, 2013 - 5:50pm | 1882Despite a positive note by a leading analyst at Morgan Stanley (NYSE: MS), major markets suffered a post-turkey Thanksgiving hangover as major indices closed in the red. Adam Parker, Morgan Stanley's lead strategist predicted the S&P will hit 2014… in 2014, an approximate 11.5 percent gain...