AmEx Shows Higher Cardmember Spending, Larger Loss Provisions
American Express Company (NYSE: AXP) rose just over 1% ahead of earnings and now it is giving some of the small gain back. The credit card provider reported earnings rose 1% to…
American Express Company (NYSE: AXP) rose just over 1% ahead of earnings and now it is giving some of the small gain back. The credit card provider reported earnings rose 1% to…
The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
Many finance ministers in Europe believe that Spain can avoid a bailout. (Reuters) Amazon.com Inc. (NASDAQ: AMZN) uses a pay-per-performance deal to help it secure premium content. (Reuters) Cities such as Seattle…
The three major U.S. stock indexes opened lower this morning as banks and bond markets were closed in the U.S. The World Bank cut its forecast for Chinese economic growth in 2012…
Wikimedia Creative Commons, JohnnyMrNinjaThe stock market is down Monday, with the Dow Jones Industrial Average down 0.33%, the Nasdaq down 0.62% and the S&P 500 down 0.46%. Today’s winners include a telecommunications…
Wal-Mart Stores Inc. (NYSE: WMT) this morning announced an agreement with American Express Co. (NYSE: AXP) on a prepaid credit card called Bluebird that the two companies ran as a pilot program…
A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request…
The U.S. Consumer Financial Protection Bureau (CPFB) today announced an enforcement action against American Express Co. (NYSE: AXP) that will cost the company $27.5 million in fines and $85 million in refunds…
Market research firm BIA/Kelsey predicts that demand from U.S. consumers for online deals will boost the market to $3.6 billion by the end of this year. If so, the online deal market…
In the age of health care reform, today’s news will sound ridiculous to just about any investor. The Dow Jones Industrial Average (NYSEMKT: DIA) is making a crazy change among its 30…
Discover Financial Services (NYSE: DFS) has managed to avoid getting crushed and its share price is actually much higher than it was before the recession. Shares are very close to an all-time…
Samsung will review 250 suppliers for labor violations. (Reuters) Oracle Corp. (NASDAQ: ORCL) will ask a court to review copyright damages against SAP A.G. (NYSE: SAP). (Reuters) Ericsson (NASDAQ: ERIC) is likely…
Bank of America/Merrill Lynch is making some changes to one of its key lists called the Most Attractive Buy List. The basis for the change is a key bottom or big base…
The three major US stock indexes opened somewhat higher this morning following better-than-expected data on UK retail sales and an inline reading on Eurozone CPI (more coverage here). The news out of…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday morning. Abercrombie & Fitch Co.(NYSE: ANF) cut to Underperform at…