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…
Argus has made some basic changes to its FOCUS LIST of its analysts’ best ideas. Those which were added were Allstate Corp. (NYSE: ALL), Dick’s Sporting Goods Inc. (NYSE: DKS), Enterprise Product…
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…
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…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Abercrombie & Fitch Company (NYSE: ANF) Reiterated Buy with $70…
We are entering into the last waves of the normalized quarterly earnings reports for companies with December 31 quarter-end dates, and we are entering the first waves of the earnings reports from…
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…
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…
Stocks opened firmly higher this morning and the DJIA rose by more than 130 points in the first hour of trading. The dollar gained strength against the euro putting more enthusiasm into…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Arcelor Mittal (NYSE: MT) Started as Equal Weight at Barclays. Avanir Pharmaceuticals, Inc. (NASDAQ:…
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…
