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Oppenheimer Does Not Like American Express
Friday, April 17, 2015 - 12:38pm | 292Read More...In a report published Friday, Oppenheimer analyst Ben Chittenden commented on American Express Company (NYSE: AXP) following its first quarter results in which the company reported better-than-expected earnings on a worse-than-expected revenue. Chittenden noted that American Express reported an...
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13 Stocks To Watch As Earnings Season Ramps Up
Sunday, April 12, 2015 - 2:57pm | 889Read More...The new earnings season ramps up this week. Among the highlights will be the first-quarter results from the big banks. Below is a quick look at what analysts are looking for from Bank of America Corp (NYSE: BAC), Citigroup Inc (NYSE: C), Goldman Sachs Group Inc (NYSE: GS), JPMorgan Chase &...
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Barron's Recap: Is Now The Time To Sit On Cash?
Sunday, March 1, 2015 - 12:05pm | 870Read More...This weekend in Barron's online: where to invest cash now, a good time to be a small investor, as well as the prospects for a Google dividend, Vulcan Materials, Valmont Industries, Sinopec, American Express and more. Cover Story "Private Bank Survey: Where to Invest Cash Now" by...
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American Express, General Electric And Other Stocks Insiders Have Been Buying
Sunday, March 1, 2015 - 11:56am | 872Read More...Even with markets reaching for record highs, insider buying has remained strong of late. American Express, General Electric and Sprint were among those that have seen significant insider buys in the past week or so. Insiders may sell shares for any number of reasons, but conventional wisdom...
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Wal-Mart's Earnings Help Boost Dow To New Highs
Thursday, November 13, 2014 - 5:39pm | 1092Read More...U.S. stocks were mildly higher on Thursday as major indices were little changed at the closing bell. The S&P 500 and Dow both traded at new highs following Wal-Mart Stores, Inc.'s (NYSE: WMT) premarket earnings. Data from the Labor Department showed initial claims for state...
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A First For The NBA: Brooklyn Nets Fans Can Now Pay Using eWallet
Thursday, November 6, 2014 - 2:03pm | 180Read More...Brooklyn Nets fans can now pay for concessions at the Barclays Center with their smartphones. Through a partnership with American Express Company (NYSE: AXP), fans attending a Brooklyn Nets home game can now pay for their hot dogs and game-day purchases through Brooklyn eWallet, a new feature which...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950Read More...U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915Read More...U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Barron's Recap: The New American Express
Sunday, September 14, 2014 - 4:23pm | 896Read More...This weekend in Barron's online: how American Express is charging ahead and a look at the Senate race in Kentucky, as well as the prospects for Alibaba, Lam Research, Popular, Ventas, Provident Financial and more. Cover Story "The New American Express" by Avi Salzman. With...
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What Is Apple Pay?
Thursday, September 11, 2014 - 2:40pm | 857Read More...Contactless payments, even though they have been around for a long time, have not gained a lot of traction with the public. Apple Inc. (NASDAQ: AAPL) hopes to change that with its Apple Pay, NFC-based wireless payment system. In-Store Transactions Using the Near Field Communication (NFC)...
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A Sample Of Warren Buffett's Largest Profits
Tuesday, September 2, 2014 - 12:47pm | 377Read More...Warren Buffett's announcement that he will extend financing to Burger King Worldwide (NYSE: BKW) to finance its acquisition of Tim Hortons (NYSE: THI) may have come as a surprise given “The Oracle of Omaha's” prior comments on the U.S. tax system. “It does get a little...
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Earnings Continue Driving Markets Higher
Wednesday, July 16, 2014 - 5:23pm | 3415Read More...U.S. stocks rose as investors and traders find comfort in corporate earnings that continue to come in at better-than-expected levels. Although it's still very early in to earning season, Intel Corp. (NASDAQ: INTC) reported better-than-expected results and stronger-than-expected PC sales,...
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Stocks Close Lower On Economic Concerns In Europe
Thursday, July 10, 2014 - 4:38pm | 2145Read More...U.S. markets followed European equities and sold off after Portugal's second largest bank Banco Espirito Santo missed a debt payment, renewing concerns over the health of the Portuguese and European economy. Despite a comeback from hefty losses, major indices still finished the day in...
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Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399Read More...U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
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Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781Read More...U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...














