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…
Google (NASDAQ: GOOG) gets approval from the European Commission and the U.S. to buy Motorola Mobility (NYSE: MMI). (Reuters) Boeing (NYSE: BA) signs a $22.4 billion deal with Lion Air. (Reuters) Moody’s…
Bank of America Corp. (NYSE: BAC) has apparently given up on its effort to sell its credit card business in the UK and Ireland, which is operated under the MBNA Europe name.…
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…
Of the 76 companies included in the S&P 500 index that have reported earnings through last week, 55% have beat expectations according to S&P Capital IQ consensus estimates. The largest year-over-year growth…
American Express Co. (NYSE: AXP) is a very different company from credit card rival Capital One Financial Corporation (NYSE: COF). At this point in time, both are suffering as the credit card…
We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings. In fact, the real bank earnings season is all…
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview…
General Electric Co. (NYSE: GE) is in the news with an acquisition of depository assets from MetLife, Inc. (NYSE: MET) which some may fear is taking it back to being more and…
Americans have started using their credit cards again — and in a big way. Credit card debt jumped 154% in the third quarter of 2011 compared with the same period a year…
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and…
Paulson & Co. Inc. is another hedge fund group that investors use for Whale Watching, although this last quarter was not exactly kind to Mr. Paulson’s billions… The current 13F report shows…
MasterCard Inc. (NYSE: MA) absolutely crushed estimates this morning, reporting third-quarter EPS of of $5.63 on revenue of $1.82 billion. Consensus estimates were aiming for EPS of $4.81 on $1.7 billion in…
We have already seen waves and waves of earnings reports this week, yet we have many more Dow Jones Industrial Average companies reporting earnings and several other key companies that investors and…
J.P. Morgan Chase & Co. (NYSE: JPM) is trading lower after its earnings report, but there were some bright spots inside an otherwise confusing earnings report. The most noticeable area was credit…
