DAYTON, Ohio - (07/28/06) -- ATM maker NCR Corp. reportedThursday that net income for its second quarter plunged by 39% to$78 million, or 43 cents a share, compared to the same period lastyear when the company was able to report a $64 million gain fromresolution of a tax issue. Second quarter revenues rose 4% to $1.53billion, fueled by strong sales in the company's Teradata datawarehousing, financial and retail segments. For the first sixmonths of the year, NCR reported a 24% drop in earnings to $119million, or 66 cents a share, from the first half last year.Revenue growth was flat, with roughly $2.8 billion in revenues forthe first half last year and this year.
-
Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
2h ago -
Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
4h ago -
In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
5h ago -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
5h ago -
The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
7h ago -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
7h ago





