Media Digest 7/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
American Express (NYSE: AXP) just posted $0.56 EPS on $7.484 Billion in revenues, although we would note that there are items in these results from continuing operations. First Call had estimates of…
These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning: American Express (NYSE: AXP) raised to Neutral…
MasterCard Incorporated (NYSE: MA) has just announced it has reached an agreement to settle its outstanding litigation with American Express (NYSE: AXP). The company says the tax-affected net present value of the…
After today’s close, we got to see which stocks that Warren Buffett Held in the Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date as…
According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company said…
American Express Co. (NYSE: AXP) and GE Money, part of General Electric (NYSE: GE), have announced that American Express will purchase Corporate Payment Services, GE’s commercial card and corporate purchasing business unit. …
Tonight we are going to get the highly awaited VISA, Inc. initial public offering. This one has been on the books since November 2007 and we have previously noted that this was…
The Fed has already provided a facility of $200 billion to banks to help them improve balance sheets by exchange some of their less-than-liquid and less-than-valuable paper for real honest-to-God money from…
Visa Inc. submitted another amendment to their IPO filing this morning. The IPO could now be the largest in history, with a proposed maximum aggregate amount in securities listed as more than…
These are the new combined holdings (alphabetically A-G) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: American Express (NYSE: AXP) 151.6 million shares for a value…
These are not the only analyst calls affecting stocks this morning, but these are the top calls that 247WallSt.com is focusing on: American Express (NYSE: AXP) downgraded to Market Perform from Outperform…
These are not the only upgrades and downgrades affecting shares in pre-market trading today, but these are the initial calls that 247WallSt.com is focusing on: American Express (NYSE: AXP), Capital One (NYSE:…
As the selling of bank shares has fallen off, Wall St. has begun to believe that the worst of the global banking crisis is in the rear view mirror. Not likely. If…
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…