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TD aims to retain its branch ‘essence’ amid brand refresh
Yahoo Finance· 2026-02-20 05:50
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. When TD gets customers, it doesn’t lose them, executive Marc Womack said. But maintaining that position amid a highly competitive landscape in which it’s easier than ever to open accounts and move money digitally requires adaptation, he noted. “That’s really our focus going forward: How do we make sure that, as the market moves and as capabilities and expectation ...
Visa to grow Argentine presence with Prisma, Newpay acquisition
Yahoo Finance· 2026-02-20 05:22
Visa has signed a definitive agreement to acquire Argentine payments platforms Prisma Medios de Pago and Newpay from private-equity firm Advent International. Prisma, which was formed in 2014 following the merger of Visa Argentina and Banelco, provides issuer processing for credit, debit and prepaid cards. According to a Reuters report, Prisma processes more than six billion transactions a year for the country’s leading banks. Newpay operates multi-network payments infrastructure in Argentina. Its serv ...
Wall Street keeps calm after the Supreme Court strikes down Trump's tariffs
Yahoo Finance· 2026-02-20 05:21
NEW YORK (AP) — Wall Street kept calm Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, which had triggered panic in financial markets when announced last year, and stocks ticked higher. The S&P 500 rose 0.7%. It had been flipping between small gains and losses before the court’s ruling, following discouraging reports showing slowing growth for the U.S. economy and faster inflation. The Dow Jones Industrial Average added 230 points, or 0.5%, and the Nasdaq composite r ...
Is Walmart’s Yearly ‘Humble Brag’ Obscuring the Retailer’s Strength?
Yahoo Finance· 2026-02-20 05:01
New Walmart CEO John Furner took on the company’s hallowed role of greeter Thursday (or “customer host” as they’re now called) on his first earnings call as top boss. So fresh in the job that he updated his LinkedIn page a couple of weeks ago (CEOs, they’re just like us!), Furner had good news: US same-store sales rose a better-than-expected 4.6% in the latest quarter, the last of Walmart’s fiscal 2026. But the retailer’s stock fell 1.4% as the new boss carried on a company tradition: a cautious, conserva ...
Tariff Costs Triple for Midsized US Businesses: JPMorgan
Yahoo Finance· 2026-02-20 05:01
Tariffs weren’t enough to end America’s import addiction. Last year, in spite of (or because of) the White House’s aggressive tariff campaign, the US trade deficit of goods reached a record high, according to data Thursday from the US Commerce Department. In other words, tariffs haven’t really altered the behavior of US consumers and companies. But according to a JPMorgan report published Thursday, the tariffs are definitely making life tougher for mid-sized companies. SUBSCRIBE: Receive more of our fre ...
DoorDash Delivers Fresh Profits with a Soggy Forecast
Yahoo Finance· 2026-02-20 05:01
DoorDash delivered piping hot earnings this week, accompanied by a side of lukewarm expectations for the first quarter. The delivery giant’s revenue in the winter quarter climbed 38% from the same time last year for a total that’s flirting with $4 billion. The app notched about 903 million orders, a 32% jump, as coffee-table diners double-dashed breakfast burritos and ramen. Orders were boosted by DoorDash’s October acquisition of British delivery app Deliveroo — without the new app, DoorDash orders still ...
Risk-Off Capital Shifts Toward Tokenized Assets as DeFi Pulls Back
Yahoo Finance· 2026-02-20 04:16
Tokenized real-world assets are showing steady growth despite a bearish market—a divergence that experts say reflects capital maturing within crypto rather than fleeing it entirely. The RWA sector posted 8.68% growth in distributed asset value over the past month, reaching $24.84 billion, according to RWA.xyz. Represented asset value, which tracks tokenized assets that cannot move between wallets or leave the issuing platform, remained largely flat, growing just 0.51% to $372.97 billion. DeFi's total valu ...
Vicor Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-20 04:08
For the year ended December 31, 2025, Vicor said product revenue increased 12.1% to $350.3 million . Full-year royalty revenue was $57.4 million , up 23.2% from 2024. Schmidt also noted that total product and royalty revenue including a $45 million patent litigation settlement rose 26.1% to $452.7 million .Advanced products revenue (which includes royalty revenue) decreased 4.4% sequentially, also reflecting the third-quarter catch-up. Brick product revenue declined 0.6% from the prior quarter. Vicor report ...
Texas Roadhouse Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-20 04:08
Chief Accounting and Financial Services Officer Keith Humpich said full-year 2025 same-store sales increased 4.9%, including 2.8% traffic growth. Consolidated average unit volume exceeded $8.4 million, and he cited average weekly sales of more than $166,000 at Texas Roadhouse, $122,000 at Bubba’s 33, and nearly $73,000 at Jaggers.Management pointed to several operational and community initiatives, including completion of the rollout of the company’s Digital Kitchen, upgraded Guest Management Systems, and th ...
Tandem Diabetes Care Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-20 04:08
Internationally, Q4 sales grew 17% year over year to $80 million on 11,000 pump shipments, aided by growth in both pump and supply shipments. Vosseller noted favorable foreign exchange, offset by $4 million tied to the company’s transition to direct operations that primarily affected pump sales. For 2025, total distributor destocking and inventory buyback impact was about $7 million, below the company’s earlier estimate of $10 million due to a partial timing shift into the first quarter of 2026.In the fourt ...