We noted earlier this morning how lenders and credit card issuers were trying to beef up revenues by going back into the sub-prime market. Another way banks and card issuers boost revenue…
US credit card giants Visa Inc. (NYSE: V) and Mastercard Inc. (NYSE: MA) have reported possible security breaches to law enforcement officials and card-issuing banks. A report on the KrebsonSecurity blog cites…
The three major US equities indexes opened higher this morning after another (small) drop in new unemployment benefits claims and a good, but smaller-than-expected, rise in personal income and spending data (our…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Automatic Data Processing, Inc. (NASDAQ: ADP) Started as Buy at UBS. First Solar…
We are seeing some surprise moves for all-time high stocks this Wednesday. Some are even moving without the benefit of fresh news. Core Laboratories NV (NYSE: CLB) almost made it to $125.00 today and…
American Express Company (NYSE: AXP) has released its data on delinquencies and write-off statistics regarding its U.S. Card Services unit. The data spans the last three months and the improvements are still…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2011. We have included some accompanying notes on each and…
All three major US stock indexes opened lower this morning and the day was mostly a gentle slide for the rest of the trading session. The failed Greek debt deal weighed on…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. Altera Corporation (NASDAQ: ALTR) Cut to Underperform as Bear of the…
MasterCard Incorporated (NYSE: MA) is still a relatively low dividend yield, but the company has made an effort to rectify that issue. The credit card processing giant has just doubled its dividend…
Jon C. Ogg Credit card giant MasterCard Inc. (NYSE: MA) reported fourth quarter adjusted EPS of $4.03 on revenue of $1.72 billion. Consensus estimates called for EPS of $3.92 on $1.73 billion in revenue. The…
Earnings season is still upon us. There are going to be many big earnings reports Thursday and we would consider Thursday as the climax for the companies reporting their normal fourth quarter…
Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and European markets…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. ADTRAN, Inc. (NASDAQ: ADTN) Cut to Hold at Needham…
Mastercard Incorporated (NYSE: MA) is suffering from a Goldman Sachs research analyst downgrade this Wednesday. The call was based in part due to headwinds internationally and in part due to valuation. The…
