Synchrony Financial (SYF.N)
18 Dec 2018
Thu, Jul 26 2018
July 26 Walmart Inc has chosen Capital One Financial Corp as the new issuer of its store credit card, ending a partnership with Synchrony Financial, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower. | Video
General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its outlook for the year and sending shares sharply lower. | Video
NEW YORK (Reuters Breakingviews) - A quarterly earnings report without big writedowns represents a victory of sorts for General Electric boss John Flannery. Sure, the U.S. conglomerate’s earnings fell by nearly one-third year-on-year in the three months ended June 30 – but at least the nature of the challenge is now clear.