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4 Reasons Why Deutsche Bank Upgraded American Express
Thursday, February 26, 2015 - 1:26pm | 252Read More...In a report published Wednesday, Deutsche Bank analyst David Ho listed four reasons why he upgraded shares of American Express Company (NYSE: AXP) to Buy from Hold with a price target raised to $90 from a previous $80. "Growth expectations for American Express have been reset lower after...
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Barclays Adjusts American Express' Model Downwards Following Costco Divorce
Friday, February 13, 2015 - 11:19am | 216Read More...In a report published Friday, Barclays analyst Mark DeVries commented that Costco Wholesale Corporation (NASDAQ: COST) represented a "meaningful" proportion of American Express Company's (NYSE: AXP) business. Following the separation of the two companies, the analyst was forced to change his...
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Dow, S&P 500 Close Yet Again At Record Highs Ahead Of Friday's Employment Report
Thursday, November 6, 2014 - 6:00pm | 711Read More...U.S. stocks rose as the Dow and S&P 500 closed yet again at new record highs. Helping the bull charge includes positive economic reports including the number of Americans filling for jobless benefits falling from a week ago. Also, reassurances from the European Central Bank were conveyed...
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Deutsche Bank On Costco: October Sales To Be 'Solid'
Tuesday, November 4, 2014 - 12:25pm | 153Read More...Paul Trussell of Deutsche Bank expects Costco Wholesale Corporation (NASDAQ: COST) to stand out among retailers when the company reports its October sales metrics. "While retail remains volatile, we believe Costco has produced another solid mid-single-digit comp in October with strength in food...
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QE Finally Ends
Wednesday, October 29, 2014 - 4:56pm | 1693Read More...U.S. stocks were marginally lower as traders and investors begin debating the effects of the markets in an uncertain post Quantitative Easing era. The FOMC has officially tapered the remaining $15 billion of its monthly asset purchases, thus ending the era of quantitative easing for the time...
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Markets Unable To Hold On To Gains As Oil Continues To Plunge
Tuesday, October 14, 2014 - 4:47pm | 2414Read More...U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...
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Markets Rally On Fed Minutes, Alcoa Kicks Off Earnings Season With Strong Beat
Wednesday, October 8, 2014 - 5:14pm | 2148Read More...U.S. stocks rallied after the 2:00 PM release of the Fed's September minutes, which revealed that committee members continue to debate over the timing and language of a rate hike. Several officials questioned their guidance if short-term rates were likely to stay low for a “...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927Read More...U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615Read More...U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062Read More...U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...
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6 Sure Signs The Holiday Shopping Season Is Already Here
Thursday, September 25, 2014 - 1:42pm | 957Read More...Autumn officially arrived at 10:29 p.m. ET September 22. Just ahead of that, the 2014 holiday shopping season began. For those who missed the signs, here are six sure indicators, along with the retailers that introduced them, offering proof positive that the holidays have arrived. 1....
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4 Consumer Staples Stocks Trading Higher This Quarter
Sunday, August 10, 2014 - 6:10pm | 1481Read More...The Consumer Staples Select ETF (NYSE: XLP) has been underperforming the Dow Jones, NASDAQ and S&P 500 indexes for the most part since the beginning of May. It shouldn't surprise investors, as some of the most recognizable names in the group have had issues. Coca-Cola (NYSE: KO)...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840Read More...U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
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Top 5 Food Store Chain Expansions For 2014
Thursday, August 7, 2014 - 12:29pm | 863Read More...The way consumers buy groceries is changing. According to the 2014 Deloitte American Pantry Study, cross-channel shopping for groceries is becoming the norm. The definition of “grocery store” has evolved. That fact rings true when examining expansion plans among the top five...













