Tag: fee

Zomato shares zoom 5% after a Re 1 hike in platform fee; halts intercity deliveries

 stock analyst  04/22/2024  0 Comments on Zomato shares zoom 5% after a Re 1 hike in platform fee; halts intercity deliveries

Zomato\’s shares rose 5% to Rs 197.80 after raising its platform fee by 25% to Rs 5 per order. With 2.0-2.2 million daily orders, this increase could significantly boost earnings.

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Earnings call: Bank of America posts strong Q1 with robust fee growth

 stock analyst  04/17/2024  0 Comments on Earnings call: Bank of America posts strong Q1 with robust fee growth

Bank of America Corp. (NYSE:BAC) delivered a robust financial performance in the first quarter, with net income reaching $6.7 billion and earnings per share (EPS) at $0.76, despite a $0.07 reduction due to an FDIC special assessment expense.

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