American Express (NYSE: AXP), whose stock is trading at 5-year lows, today tried to reassure Wall Street about its financial situation. It said that this year it has increased its surplus capital...
Credit metrics are still continuing to show modest improvements across the land, yet recent government action via a Department of Justice antitrust suit has put the hit on shares of American Express...
We still have two DJIA components to report earnings this week.  If you can believe it this week marked 12 of the 30 components reporting earnings, and that takes us to a total of 18 of the 30...
When an industry says it is in a state of disarray, investors may want to head for the hills. As the National Retail Federation began its annual meeting, one of its consultants Wendy Liebmann, chief...
Tiger Woods has been the dominating news force over the last week.  It has been such a distraction that we have even worried that this would take everyone’s eyes and ears off of the key issues...
Discover Financial Services (DFS-NYSE) has been trading for one trading week now, albeit it is technically a 3 and a half day week.   Now that the distribution of these shares is complete...
Americans are still shrinking their credit according to the latest data from the Federal Reserve.  July marked a sixth consecutive drop and the seasonally adjusted rate of credit contraction came to...
General Motors has already reported earnings and is due to file its paperwork with the SEC soon for its upcoming IPO.  But things just got complicated.  General Motors announced that Ed Whitacre is...
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 $18.7...
While Wall St. was fixated on Apple’s (AAPL) numbers and the health outlook for Steve Jobs, American Express (AXP) slipped through the side door with some frightening numbers. Apple’s earnings...
Tuesday could bring a 1,000 point drop on the Dow, especially if markets in Asia and Europe repeat their Monday performances tomorrow. China’s big Hang Seng index fell 5.5% to 23,818. The...
Have you been dabbling in cryptocurrency and want to try something a bit more silly and risky? Are all your friends talking about their favorite meme coins and you want to get in on the action? Are...
The waves of capital raising continues.  American Express Company (NYSE: AXP), JPMorgan Chase & Co. (NYSE: JPM), Morgan Stanley (NYSE: MS), and Bank of America Corporation (NYSE: BAC) are just the...
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 at UBS....