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Paper Or Plastic? More Americans Say They Never Carry Cash
Tuesday, May 27, 2014 - 4:24pm | 416Read More...Most Americans don't like having credit card debt, but a new survey says over half of U.S. citizens never carry cash, instead relying on credit and debit cards for everyday transactions and purchases. A survey of more than 2,300 American adults by UK-based Vouchercloud.net found 57 percent of...
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Morgan Stanley Sees Apple's Mobile Payments Strategy As Big Stock Catalyst
Tuesday, May 20, 2014 - 1:21pm | 260Read More...Morgan Stanley commented on the implications of Apple's (NASDAQ: AAPL) mobile payments strategy as an important stock catalyst for Apple and NXP Semiconductors NV (NASDAQ: NXPI), with Visa (NYSE: V), MasterCard (NYSE: MA), and American Express (NYSE: AXP) being beneficiaries of this plan....
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Tiger Woods' Absence Could Cost Golf $15 Billion
Tuesday, April 22, 2014 - 12:12pm | 595Read More...Sure, it’s a sports story but it’s a business story, too. For all of the mistakes, bad press, and general lack of media savvy Tiger Woods has shown, he’s made golf, and the companies involved in the sport, a lot of money. To name a few, Mercedes-Benz, Samsung, Pepsi, OfficeMax, all of the major...
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Market Wrap For April 17: Mixed Earnings Drag The Dow Lower While S&P 500 & Nasdaq End Positive
Thursday, April 17, 2014 - 4:42pm | 2645Read More...U.S. stocks were mostly higher on Thursday as both the S&P 500 index and Nasdaq index recorded a fourth straight winning session in a relatively slow news day that was heavy on earnings. The Dow Jones rose as much as 35 points and falling as much as 56 as earnings from Dow listed companies...
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Earnings Expectations For The Week Of April 14: Coca-Cola, Goldman Sachs, Google And More
Monday, April 14, 2014 - 6:33am | 999Read More...The new earnings season kicks into high gear this shortened week. Highlights will include quarterly reports from Bank of America, Citigroup and Goldman Sachs, from Intel and IBM, and from Coca-Cola, which are all expected to post earnings declines, as well as from Google and Johnson & Johnson...
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Four Fed-Approved Financial Stocks With The Most Upside Potential
Sunday, March 30, 2014 - 8:44am | 978Read More...Discover Financial Services (NYSE: DFS), Goldman Sachs (NYSE: GS), J.P. Morgan Chase (NYSE: JPM) and State Street (NYSE: STT) not only passed the latest Fed stress test, but analysts see some headroom for the shares. The Federal Reserve announced the results of the latest so-called stress tests...
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Warren Buffett's Conflicting Bitcoin Views
Tuesday, March 18, 2014 - 2:16pm | 735Read More...Business Insider recently reported Warren Buffett is warning investors to stay away from bitcoin. Furthering his anti bitcoin position, Buffett has gone from skepticism, stating “I wouldn't be surprised if it's not around in 10 or 20 years.” to labeling bitcoin “a mirage." Warren Buffett was...
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What Companies Stand To Benefit From The 86th Academy Awards?
Friday, February 28, 2014 - 2:23pm | 194Read More...With over 40 million viewers, 20 categories and dozens of nominees, this massive ceremony is only glitz and glamour on the surface. Corporate titans are investing tirelessly behind the scenes to make this all possible. Not to be outdone by Sochi's top Olympic ad prices, the cost of this year's...
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Market Wrap For February 10: Markets Cautious Ahead Of Yellen Testimony
Monday, February 10, 2014 - 5:47pm | 3302Read More...U.S. stocks traded mixed today as investors are anxiously waiting for Tuesday's testimony from Janet Yellen. Yellen will make her first appearance before the U.S. House of Representatives with a Senate session scheduled for Thursday. Elliot Spar, market strategist at Stifel told CNBC that "...
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UPDATE: Morgan Stanley Upgrades American Express on New OptBlue Program
Monday, February 10, 2014 - 8:51am | 92Read More...In a report published Monday, Morgan Stanley analyst Betsy Graseck upgraded American Express (NYSE: AXP) from Neutral to Overweight and raised the price target from $90 to $100. Graseck believes the new OptBlue program and improving economy will increase estimated EPS by 1-2%. In the report,...
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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005Read More...U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Read More...Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
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American Express Shares Hardly Move After Q4 Sales Miss
Thursday, January 16, 2014 - 5:36pm | 238Read More...American Express (NYSE: AXP) is up less than one percent in after hours trading after the company announced its fourth quarter results. At one point it was down less than one percent. The company reported a Q4 GAAP EPS of $1.21, adjusted figure was 1.25 versus the Street estimate of $1.25....
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#PreMarket Primer: Thursday, January 16: Another Triple-Digit Day
Thursday, January 16, 2014 - 8:12am | 794Read More...Positive earnings propelled the major U.S. Indices higher yesterday and markets around the world are mixed this morning. The Dow ended up nearly three-quarters of a percent to close at 16,481.94. The S&P gained about 0.5 percent to finish at 1,848.38, and the NASDAQ saw the largest gains of...
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Read More...Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...














