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Tag: credit

Nordstrom suspends dividend, taps credit in midst of coronavirus

Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on Friday, March 20, 2020. Gabby Jones | Bloomberg via Getty Images Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million on its revolving credit facility, in the midst of the coronavirus …

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Kohl’s taps credit, withdraws earnings outlook because of coronavirus

A shopper prepares to pay for items at a Kohl’s department store in Peru, Illinois, May 16, 2019. Daniel Acker | Bloomberg | Getty Images Kohl’s has withdrawn its earnings outlook for the current quarter and fiscal year, as it grapples with the hit it will take from the coronavirus pandemic.  The department store chain will …

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DoorDash extends reach with credit card integration

Get great content like this right in your inbox. Subscribe Subscriptions to an on-demand delivery platform are now available free to holders of select credit cards. Financial services provider Chase is partnering with DoorDash to offer complimentary subscriptions to the DoorDash DashPass subscription service for Chase Sapphire, Freedom, and Slate cardholders. Starting Jan. 7, eligible …

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Paytm top-up via credit card faces 2% fee, Retail News, ET Retail

BENGALURU: Paytm users will have to pay a 2% fee if they load more than Rs 10,000 in their e-wallets via credit card in a month, according to the company’s new policy. Wallet top-up via debit cards and Unified Payments Interface (UPI) would continue to remain free. This is being seen as a move to …

Paytm top-up via credit card faces 2% fee, Retail News, ET RetailRead More

Deferred interest deals and store credit cards could cost you big time

Holiday shopping doesn’t need to break the bank. As shoppers scramble to take advantage of seasonal deals, there’s one offer you probably don’t want to jump on. Store credit card deals may sound like a steal. However, beware the fine print that can cost you more than you bargained for, according to recent research from …

Deferred interest deals and store credit cards could cost you big timeRead More

Buy the pullback in Home Depot, says Credit Suisse as it upgrades the stock

An employee wears an orange Home Depot Inc. apron at a store in New York. Mark Kauzlarich | Bloomberg | Getty Images Buy the pullback and reset in growth expectations for Home Depot, said Credit Suisse. The firm upgraded shares of the home improvement retailer to outperform from neutral and raised its price target to …

Buy the pullback in Home Depot, says Credit Suisse as it upgrades the stockRead More

Apple’s ‘big story’ this holiday season is its credit card: Analyst

The “big story” for Apple this holiday shopping season won’t be what products consumers buy but how they pay for it, according to D.A. Davidson & Co. analyst Tom Forte. “AirPods Pro [is] a good product, but I think the story for Apple’s holiday sales this year is in payments with the Apple Card,” he …

Apple’s ‘big story’ this holiday season is its credit card: AnalystRead More