American Express

Warren Buffett may not like credit cards, but that hasn't stopped him from investing in American Express Company (NYSE: AXP). This morning, Buffett spoke to CNBC about the issue. “I tell students they'd be better off if they never used them,” he said. “I can't make money if I'm out borrowing at...

Piper Jaffray has lowered the price target on American Express (NYSE: AXP) from $64 to $62 and maintains its Overweight rating.

Keefe Bruyette & Woods writes "American Express, Capital One, Discover Financial, and Alliance Data Systems are expected to report November monthly data on Wednesday (12/15). In this note, we provide a recap of previous data, seasonal trends seen in November, our current estimates for the...

Piper Jaffray says that American Express Company (NYSE: AXP) has once again posted the most impressive quarter of any card issuer this quarter. American Express beat consensus expectations by $0.04, with EPS of $0.90, up 67% y/y. “We are raising our '10/'11/'12 estimates to $3.30/$3.83/$4.25 from...

In Citigroup's Q3 earnings preview for the card sector, the company is expecting meets or beats from the card companies with key themes being 1) regulatory, 2) tougher spend comps, 3) rev margin and balance pressure and 4) Nov elections. From a trading perspective going into Q3 results, Citigroup...

FBR Capital Markets has reiterated its Market Perform rating for American Express (NYSE: AXP) and has lowered the price target from $48 to $45.