AIG Fights Icahn on Breakup
AIG said it plans to sell its broker-dealer network, spin off part of its mortgage-insurance unit and slash costs. but not break up the company.
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How American Express Is the Worst DJIA Stock of 2016, by Far
American Express has the dishonorable title of being the worst performing Dow Jones Industrial Average stock of 2016, with shares down more than 20%.
American Express Down 21%, Worst of Dow Stocks
The leading loser among the Dow's 30 components is America Express. Shares dropped another 12% on Friday after the latest in a line of disappointing quarterly earnings.
How Rising Interest Rates Affect American Consumers
A survey finds that more than 40% of Americans are concerned that rising interest rates will affect their personal financial situation.
Synchrony Posts Solid Earnings Beat
Synchrony Financial reported its fourth-quarter financial results before the markets opened on Friday.
How Near-Term Concerns Weighed Down Positive Earnings From American Express
American Express (NYSE: AXP) released its fourth quarter earnings report Thursday after the markets closed. The company had $1.23 in earnings per share (EPS) on $8.39 billion in revenue versus Thomson Reuters consensus estimates…
What to Expect From American Express Earnings
American Express is scheduled to report its fiscal second-quarter financial results after the markets close on Thursday.
Elevate Credit Postpones IPO
In a surprise turn of events, Elevate Credit has decided to postpone its initial public offering due to difficult market conditions.
Ocwen Settles With SEC for Misstated Financial Results
The SEC has announced that Ocwen Financial agreed to settle charges that it misstated financial results by using a flawed, undisclosed methodology to value its complex mortgage assets.
Draghi and ECB to the Rescue, With More Hints of Easing Ahead
European Central Bank president Mario Draghi has signaled that the ECB is ready to do more monetary easing measures to keep Europe's economy going.
Goldman Sachs Slumps on Weak Earnings Performance
Goldman Sachs reported mixed fourth-quarter financial results before the markets opened on Wednesday.
What to Look for in Goldman Sachs Earnings
Goldman Sachs is scheduled to report its fourth-quarter financial results before the markets open on Wednesday.
AIG-Icahn Activist Fight Persists
AIG has received another letter from activist investor Carl Icahn demanding AIG bust itself up into smaller, more focused units.
Americans Are Ashamed to Admit Credit Card Debt
More than a third of Americans say they would be embarrassed to let others know that they are not paying off their credit card debt in full every month.
Morgan Stanley Jumps on Solid Earnings Beat
Morgan Stanley reported better-than-expected fourth-quarter financial results before the markets opened on Tuesday.