8:22am ET
Investing
Pre-Market Earnings Gappers (January 29, 2008)
We are right in the thick of earnings season and below is a snapshot of some of the key earnings reports with price changes if available: Air Tran (NYSE: AAI) -$0.02 EPS…
Companies
/Financial Services
American Express Company
$333.20
▼ $0.96 (−0.29%) today
Markets closed · 7:38pm ET
AXP Coverage
Page 684:14am ET
Media
Media Digest 1/29/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, another Fed rate cut may stimulate the housing market. Reuters reports that profits at American Express (AXP) fell 10%. Reuters writes that McDonald’s (MCD) will open 150 outlets in…
4:38pm ET
Banking, finance, and taxes
American Express Better Than Worst Case (AXP)
American Express Company (NYSE: AXP) has posted earnings of $0.72 EPS from continuing operations on revenues of $7.364 Billion net of interest expense. We had already been warned that this quarter was…
Douglas A. McIntyre 2:33pm ET
Banking, finance, and taxes
Will American Express Earnings Depress Or Show Excess? (AXP)
We’va already been warned that this quarter was going to be a miserable one, but today is the awaited earnings from American Express (NYSE: AXP). As this is a DJIA component and…
Douglas A. McIntyre 6:18am ET
Economy
No Market For Old Men (C)(JPM)(AXP)
People still take about how Hannibal crossed the Alps to attack the Romans in 218 BC. Years from now they will probably do the same about the big 600 point turnaround on…
8:47am ET
Investing
Top 10 Pre-Market Analyst Calls (AFL, AXP, ABX, CATM, KSS, LOW, LULU, MDAS, MET, MHS, TNK)
It is going to be hard to get traders to care about mere upgrades and downgrades on a day when the Federal Reserve did an inter-meeting emergency rate cut to stave off…
9:00am ET
Investing
A 1,000 Point Drop On The Dow? (C)(BAC)(AXP)(AAPL)
Tuesday could bring a 1,000 point drop on the Dow, especially if markets in Asia and Europe repeat their Monday performances tomorrow. China’s big Hang Seng index fell 5.5% to 23,818. The…
8:23pm ET
Banking, finance, and taxes
JPMorgan Can Learn Lessons From American Express & Citigroup (JPM, AXP, C)
JPMorgan Chase (NYSE: JPM) reports earnings on Wednesday morning. Wall Street analysts are apparently looking for $0.93 EPS on revenues of $17 Billion according to First Call, although in this current environment…
5:47pm ET
Retail
Panic Hits The Retail Sector (WMT)(TGT)(AXP)(COF)
When an industry says it is in a state of disarray, investors may want to head for the hills. As the National Retail Federation began its annual meeting, one of its consultants…
4:49pm ET
Banking, finance, and taxes
Financial Mergers May Be Mandated Rather Than Preferred (WFC, CFC, BAC, AXP, ABK, MBI, BX, COF, WM, WFC, ETFC, BSC, GS, SLM, JPM, STI, FITB, WB, NLY, CIM, BRK-A)
There have been major reports for days and weeks that have revolved around many financial services, banks, lenders, and the like merging. The truth is that the carnage in the financial sector…
4:15pm ET
Investing
American Express (AXP) Joins Line Of The Weak
American Express (AXP) said the economy is getting worse. The company will take a pre-tax charge of approximately $440 million (approximately $275 million after-tax) for the fourth quarter. In light of the…
Douglas A. McIntyre 8:01am ET
Media
Backward & Forward, Cramer In 2007 To 2008
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
8:13am ET
Investing
Top 10 Pre-Market Analyst Calls (AXP, COF, DFS, ATVI, HANS, JCP, LEN, MFE, SWHC, TGT, YGE)
These aren’t the only analyst calls we are watching, but these are the top ten that 247wallst.com is reviewing: Activision (NASDAQ: ATVI) raised to Buy from Neutral at Piper Jaffray. Hansen Natural…
3:21pm ET
Investing
A Nice Quarter For American Express (AXP)
American Express (AXP) had a nice enough quarter. But, it was not stellar and the stock did not get out of hand after hours. Revenue net of interest expense rose 11% to…
Douglas A. McIntyre 6:54am ET
Investing
Pre-Market Analyst Calls (October 22, 2007)
AAUK cut to Hold at Citigroup.ANPI cut to Sector PErform at both RBC & CIBC.APPB cut to Underperform at Wachovia.ASH cut to Underperform at Credit Suisse.AXP cut to Equal Weight at Lehman.BHP…