Finance

Block shares surge 16% after company announces surprise profit

Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on…

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

Check out the companies making headlines in extended trading. Intuit — Shares pulled back roughly 1% after the financial software…

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with…

Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates…

Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall…