American Express

So maybe you got out of the market when things got crazy, and you are looking to put a toe back in the water now that stocks have largely rebounded. Or perhaps you have been riding out the volatility but thinking you ought to diversify a little more. Well, here is a quick look at some options. They...

Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...

MasterCard (NYSE: MA) and Visa (NYSE: V) reached new 52-week highs of $322.27 and $90.83 per share, respectively, in Thursday's trading session. MasterCard surged from $279 to $309 per share at the end of June, following the Federal Reserve's decision to place a higher-than-proposed cap on debit-...

American Express (NYSE: AXP) and Discover (NYSE: DFS) reached new multiyear highs of $53.69 and $27.92 per share, respectively, Thursday morning. American Express recently launched a free tool designed to help small businesses monitor social media and also said members could use reward points to...

J.P. Morgan believes the most notable development from the managed data releases – American Express Company (NYSE: AXP) and Capital One Financial Corp. (NYSE: COF) – is a positive indication that growth may resume for certain issuers in 2H11. “AXP reported its second consecutive month of Y/Y...

According to Goldman Sachs, American Express (NYSE: AXP) Buy rating is maintained. Goldman Sachs said that on June 14, AXP announced that it is expanding its capabilities into the pre-paid market, with the launch of a reloadable pre-paid card. “Our 12-month price target remains $59 and is based on...

According to a recent report from Goldman Sachs, credit card stocks have outperformed thus far in 2011; However, due to their belief that credit benefits will soon subside, American Express (NYSE: AXP) seems to be in a better position than Discover Financial Services (NYSE: DFS) and Capital One...

KBW is out with its report today on American Express (NYSE: AXP), maintaining Outperform. In a note to clients, KBW writes, "AXP reported operating 1Q11 results that were above our expectations. Following AXP's 1Q11 earnings announcement, we are raising our 2011 and 2012 EPS estimates to $3.92 (...

According to Morgan Stanley, American Express (NYSE: AXP) reserve bleed drives the beat. Morgan Stanley said that it expects Pre-tax Pre-Provision Operating Profit (Ppop) should improve going forward as loans grow, top line benefits from recent investment spend and management pulls back on...

Piper Jaffray, based upon 1Q11 results is raising the price target from $63 to $64 and reiterating its Overweight rating on American Express (NYSE: AXP). Says Piper Jaffray, in its report, “AXP reported 1Q11 EPS of $0.97 vs. PJC of $0.94 and consensus of $0.93. Spend growth of 17% beat our 13%...

According to J.P. Morgan, American Express (NYSE: AXP) are seeing more of the same. J.P. Morgan said that while 1Q results may not alleviate investor concerns about higher operating expenses, it believes AXP has significant levers to drive long-term earnings. “Spending growth remains the primary...

Piper Jaffray is out with its report today on American Express (NYSE: AXP), raising its PT from $62 to $63. In a note to clients, Piper Jaffray writes, "Midday Friday AXP reported its monthly U.S. loan and credit 8-K and its trust data for March. It appears to us that U.S. card loan growth has...

Citi released a research report highlighting recent information from American Express (NYSE: AXP). “AXP has been focused on getting card members to use their card in virtual wallets such as iTunes, particularly as consumers tend not to switch the primary card in this type of wallet.” Citi writes. “...

In a report published by Piper Jaffray, a meeting with American Express' (NYSE: AXP) CEO/CFO confirms cheap stock. Piper Jaffray reiterates the Overweight rating. Piper Jaffray said that it hosted an investor meeting last week with AXP Chairman/CEO Ken Chenault and CFO Dan Henry. “We walked away...

What does Warren Buffett think of Wells Fargo (NYSE: WFC)? Why did he pull out of Bank of America (NYSE: BAC)? Is Apple (NASDAQ: AAPL) in trouble? Buffett answered these questions and much, much more during his three-hour interview with CNBC this morning. Addressing The Wells Fargo Controversy...