Dow Climbs on Russian Stand-Down As UnitedHealth Group, American Express Jump
Dan Caplinger, The Motley Fool - Motley Fool - Wed May 07, 8:05PM CDT
Wednesday proved to be a good day for the Dow Jones Industrials , which closed the day up almost 118 points. But the Dow had to earn its gains, recovering from losses early in the session prompted by domestic economic fears. All it took to boost...
Final Glance: Credit Card companies
AP - Wed May 07, 5:02PM CDT
NEW YORK (AP) — Shares of some top credit card companies were up at the close of trading:
After Yesterday's Rally of 2.06% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed May 07, 4:03PM CDT
American Express (NYSE:AXP) traded in a range yesterday that spanned from a low of $86.11 to a high of $88.05. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $87.42 on volume of 4.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of American Express After 2.06% Gain
Comtex SmarTrend(R) - Wed May 07, 4:02PM CDT
American Express (NYSE:AXP) traded in a range yesterday that spanned from a low of $86.11 to a high of $88.05. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $87.42 on volume of 4.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
What Do the Dow's Components Say About the Changing U.S. Economy?
Alex Planes, The Motley Fool - Motley Fool - Wed May 07, 1:15PM CDT
Millions of investors have watched the Dow Jones Industrial Average over the years, whether they've meant to or not. This landmark index has been a barometer of stock market health since 1896 , and its relatively simplistic formulation -- it...
Midday Glance: Credit Card companies
AP - Wed May 07, 12:18PM CDT
NEW YORK (AP) — Shares of some top credit card companies are mixed at 1 p.m.:
Early Glance: Credit Card companies
AP - Wed May 07, 9:53AM CDT
NEW YORK (AP) — Shares of some top credit card companies are mixed at 10 a.m.:
Portugal's Cards and Payments Industry 2014: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Wed May 07, 9:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/vl68kt/portugals_cards) has announced the addition of the "Portugal's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. Despite the European sovereign debt crisis, the Portuguese card payments channel grew both in terms of volume of cards and transaction value during the review period (2009-2013). In terms of the number of cards in circulation, the card payments channel posted a review-period compound annual growth rate (CAGR) of 0.71%, and is expected to record a forecast-period (2014-2018) CAGR of 3.95%. The forecast-period growth is anticipated to be driven by the prepaid cards category. In terms of transaction value, the card payments channel posted a review-period CAGR of 4.02%, rising from EUR71.5 billion (US$99.4 billion) in 2009 to EUR83.8 billion (US$111.1 billion) in 2013. The channel is expected to post a forecast-period CAGR of 1.53%, increasing from EUR84.5 billion (US$114.0 billion) in 2014 to EUR89.8 billion (US$126.5 billion) in 2018. E-commerce registered a review-period CAGR of 25.07%, rising from EUR642.9 million (US$893.1 million) in 2009 to EUR1.6 billion (US$2.1 billion) in 2013. Likewise, the total value of retail sales in Portugal increased from EUR40.9 billion (US$56.8 billion) in 2009 to EUR42.2 billion (US$56.0 billion) in 2013. Portugal's banking sector was adversely affected by the eurozone crisis. In May 2011, the economic adjustment program was agreed by the Ecofin Council and International Monetary Fund (IMF) Executive Board and covers the period between 2011 and 2014. The program offers external financing by the EU, eurozone member states and the IMF of up to EUR78 billion (US$103.4 billion), for possible fiscal financing needs and to provide liquidity support to Portugal's banking sector. Key Topics Covered: 1 Executive Summary 2 Analysis of Market Environment, Key Trends and Drivers 3 Cards and Payments Industry Share Analysis 4 Regulatory Framework and Card Fraud Statistics 5 Emerging Consumer Attitudes and Trends 6 Analysis of Card Payments and Growth Prospects 7 Analysis of Credit Card Payments and Growth Prospects 8 Analysis of Debit Card Payments and Growth Prospects 9 Analysis of Charge Card Payments and Growth Prospects 10 Analysis of Prepaid Card Payments and Growth Prospects 11 Merchant Acquiring 12 Company Profiles of Card Issuers - American Express - Banco Best - Banco Portugu?s de Investimento - Banco Santander Totta - Banif - Caixa Geral de Dep?sitos - MasterCard - Millennium BCP - Multibanco - Visa For more information visit http://www.researchandmarkets.com/research/vl...gals_cards
Gold Coast to Launch Merchant Card Services via MJ-Merchant
Marketwire - Wed May 07, 9:10AM CDT
Gold Coast Mining Corp. (OTC Pink: GDSM) (PINKSHEETS: GDSM) is set to launch another new product offering, MJ-Merchant.
Research and Markets: Credit and Charge Cards in Italy: Fiditalia, Unicredit, BNL, American Express and Many More
Business Wire - Wed May 07, 4:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rggkj9/credit_and_charge) has announced the addition of the "Credit and charge cards in Italy" report to their offering.
EMV IN USA: Assessment of Merchant and Card Issuer Readiness
M2 - Wed May 07, 4:21AM CDT
Research and Markets (http://www.researchandmarkets.com/research/m242z2/emv_in_usa) has announced the addition of a new report "EMV IN USA: Assessment of Merchant and Card Issuer Readiness" to their offering. The U.S. roadmap for the deployment of chip card has existed since 2012, providing the payment industry with plenty of time to prepare for the transition from magnetic-stripe cards to smart cards. Yet collectively, the industry has been slow to prepare for the monumental task of replacing the entire card payment infrastructure of the United States. Now, with only 18 months until the most important phase of the transition the merchant liability shift and with the added pressure of the Target card data breach placing stakeholders under increased scrutiny to get this right, the payment industry is gearing up for the big switch. This report assesses the current state of merchant and issuer readiness to provide a cohesive view of where the industry stands today for issuers and merchants, where these stakeholders will be by the impending liability shift milestone in 2015, and what it will cost for them to get to EMV ubiquity. Primary Questions - How ready are U.S. merchants for EMV? - How ready are U.S. card issuers? What is the likely timeline for EMV migration in the U.S.? - What will be the physical costs of the transition to EMV for terminals and cards? - What needs to be fixed for EMV to become ubiquitous in the U.S.? - Could the U.S. shift to EMV like other countries? Key Topics Covered: - Overview - Primary Questions - Methodology - Executive Summary - Recommendations - Recommendations for Payment Networks - Recommendations for Issuers and Merchants - Justification for U.S. EMVWhy Now? - The Story So Far - Durbin Amendment Debit and the EMV Backlash - Target Breach to Today - The Merchant Perspective - U.S. EMV Physical Card and POS Forecast - Appendix - Related Research Companies Mentioned: - American Express - Discover - Electronic Transactions Association - First Data - Fiserv - Intuit - MasterCard - National Retail Federation - Smart Card Alliance - Square - Target - Visa For more information visit http://www.researchandmarkets.com/research/m242z2/emv_in_usa
Credit and Charge Cards in Italy: Fiditalia, Unicredit, BNL, American Express and many more
M2 - Wed May 07, 3:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jdrvwc/credit_and_charge) has announced the addition of the "Credit and charge cards in Italy" report to their offering. This report supplies information on the Credit and charge cards Italian market and its competitors: market trends, SWOT and key success factors analysis, major companies performance indicators (total turnover, sector specific turnover, market shares and export quotas), business prospects and trends. This report provides an analysis of the credit and charge card market. The Bank of Italy's formal definition of credit cards is "plastic cards" that allow the user to "purchase goods and services in Italy and abroad without paying in cash. These cards may be used regardless of the availability of funds in a current account at the time of the purchase; the funds needed to cover the expenses must be present when the amount due is debited." Key Topics Covered: 1. Introduction To Methodology 2. Sector Description 3. Executive Summary 4. Sector Environment 5. Demand Analysis 6. Supply Analysis 7. Competitive Scenario 8. Strategies Observed 9. Opportunities And Threats Companies Mentioned: - Agos-Ducato S.P.A. - American Express Services Europe Limited - B.P.M. S.C.A.R.L. - Banca Monte Dei Paschi Di Siena S.P.A. - Banca Popolare Dell'emilia Romagna S.C. - Barclays Bank Plc - Bnl S.P.A. - Cariparma S.P.A. - Cartasi S.P.A. - C-Card S.P.A. - Compass S.P.A. - Consel S.P.A. - Consum.It S.P.A. - Credem S.P.A. - Creditis S.P.A. - Deutsche Bank S.P.A. - Diners Club Italia S.R.L. - Fiditalia S.P.A. - Findomestic Banca S.P.A. - Finitalia S.P.A. - Iccrea Banca S.P.A. - Intesa Sanpaolo S.P.A. - Santander Consumer Bank S.P.A. - Ubi Banca S.C.P.A. - Unicard S.P.A. - Unicredit S.P.A. For more information visit http://www.researchandmarkets.com/research/jd...and_charge
American Express to Open Fifth Centuriona" Lounge in Miami International Airport
M2 - Wed May 07, 3:04AM CDT
Expanding on its current network of lounges, American Express announced its intent to open its fifth Centurion Lounge in the North Terminal of Miami International Airport (MIA).
American Express to Open Fifth Centurion(SM) Lounge in Miami International Airport
Business Wire - Tue May 06, 12:24PM CDT
American Express:
Upcoming Conferences, Quarterly Earnings Releases, New Branches, and Stock Price Updates - Analyst Notes on American Express, Ocwen, ICICI, Goldman Sachs and American Tower
PR Newswire - Tue May 06, 8:00AM CDT
Today, Analysts Review released its analysts' notes regarding American Express Company (NYSE: AXP), Ocwen Financial Corp. (NYSE: OCN), ICICI Bank Ltd. (NYSE: IBN), The Goldman Sachs Group Inc. (NYSE: GS) and American Tower Corp. (NYSE: AMT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2083-100free.
Wells Fargo and American Express Launch Two New Credit Cards with Rich Rewards and Benefits
Business Wire - Tue May 06, 6:31AM CDT
Wells Fargo & Company (NYSE: WFC) and American Express (NYSE: AXP) today launched the new Propel 365 and Propel World credit cards, which will be available for Wells Fargo customers and accepted on the American Express network. The new cards, issued by Wells Fargo, offer customers the ability to maximize everyday spending to earn rewards faster, enjoy rich and competitive offers, benefit from enhanced protections while shopping and traveling, and receive advance access to entertainment, merchant discounts and a dedicated concierge service.
American Express Travel Survey Reveals Demand for Summer 2014 is Up, But So Are Costs
M2 - Tue May 06, 3:07AM CDT
American Express Travel recently surveyed a group of its experts -- nearly 300 travel counselors -- to get the scoop on what is trending with their customers for this upcoming summer season (travel between June 1 and August 31). Nearly half (45%) said their summer travel bookings, relative to their bookings from last year, have increased. This is despite the fact that 67% percent said the cost of travel is up when compared to 2013.