Courtesy of American ExpressAmerican Express Co. (NYSE: AXP) today reported first quarter results after markets closed today. The financial services company reported diluted earnings per share (EPS) of $1.15 on revenues of…
Paul Ausick U.S. equity markets opened lower this morning following a downturn in Europe and mixed markets in Asia. Data releases were limited everywhere today as well. In Asia, a weaker yen boosted the…
courtesy of General MotorsThe press made a great deal of noise about General Motors Co.’s (NYSE: GM) decision to test Facebook Inc. (NASDAQ: FB) as an advertising medium. When the car company…
Douglas A. McIntyre Courtesy of American ExpressIf the market does not want to try to chase shares of American Express Co. (NYSE: AXP) higher, perhaps the company can do it all on its own. The…
Jon C. Ogg ThinkstockThe unit of Safeway Inc. (NYSE: SWY) that issues gift cards and other prepaid and reloadable cards this morning filed a Form S-1 with the U.S. Security and Exchange Commission (SEC) to…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe annual stress tests on the biggest U.S. banks produced a few surprises when the results were announced last night. The capital plans…
ThinkstockThere has been a bruising battle over how much America’s largest corporations should pay in taxes, especially as the size of the federal budget deficit grows. While on paper the federal corporate…
White House Photo by Pete SouzaWarren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) has released his annual letter to shareholders. Investors will want to review the book value metric before anything else.…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett released their full stock holdings for 2013 on Thursday after the close. Earlier in the week we highlighted how…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but there…
ThinkstockBarclays PLC (NYSE: BCS) will cut 3,700 jobs as the troubled bank restructures. (Reuters) Nokia Corp. (NYSE: NOK) adds to its low-priced Asha line. (Reuters) A judge approves a request by Apple…
ThinkstockCorporate governance issues are sometimes a blessing for shareholders, but they also can crush the rights of shareholders in many cases. Tracking CEO pay of large public companies is now considered open hunting…
U.S. equity markets opened mixed this morning, with the Nasdaq Composite lower on a weak quarterly earnings report last night from Intel Corp. (NASDAQ: INTC). The big news for today came out…
Courtesy of American ExpressIn line with its preliminary results released last week, American Express Co. (NYSE: AXP) today reported adjusted fourth quarter earnings per share (EPS) of $1.09 on revenues of $8.1…
Paul Ausick U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government…
