Walmart chooses Capital One Financial for credit card program
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July 27, 2018 6:32 AM EDT
Synchrony Financial (NYSE: SYF) reported Q2 EPS of $0.92, $0.10 better than the analyst estimate of $0.82. Revenue for the quarter came in at $3.74 billion versus the consensus estimate of $3.83 billion.
Net interest income increased 3% from the second quarter of 2017 to $3.7 billionLoan receivables grew $3 billion, or 5%, from the second quarter of 2017 to $79 billionPurchase volume increased 2% from the second quarter of 2017 to $34 billionDeposits grew $6 billion, or 12%, from the second quarter of 2017 to $59 billionClosed the PayPal transaction on July 2, 2018, acquiring...
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July 26, 2018 4:47 PM EDT
Walmart (NYSE: WMT) and Capital One (NYSE: COF) today announced that the companies have entered into a new, long-term credit card program agreement.
Under the terms of the agreement, Capital One will become the... More
July 26, 2018 3:32 PM EDT
Synchrony Financial (NYSE: SYF) Resumes Trading
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July 26, 2018 3:20 PM EDT
Synchrony Financial (NYSE: SYF) disclosed in an SEC fiing:
Synchrony Financial (the "Company") is confirming that the Walmart program agreement will not be renewed and is set to expire on July 31, 2019. The Company expects that its strategic options would fully replace the... More
July 26, 2018 3:15 PM EDT
Synchrony Financial (NYSE: SYF) Halted, News Pending
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