Stay Calm And All Will Be Well
George Acs - at Seeking Alpha - 7 mins ago
KO: 41.99 (-0.18), JNJ: 99.62 (+1.18), GE: 25.15 (+0.26), AXP: 78.08 (-2.40), FB: 75.74 (-0.49), COST: 147.10 (-0.66), TWTR: 48.50 (+0.55), INTC: 34.36 (+0.23), UAL: 66.23 (-1.11), K: 63.20 (-0.10)
Fitch: Amex and Costco Partnership End Poses Minimal CC ABS Risk
Business Wire - Fri Feb 13, 4:09PM CST
The partnership between American Express and Costco set to end early next year is expected to have negligible impact to existing credit card ratings of American Express Credit Account Master Trust (AECAMT) and American Express Issuance Trust II (AEITII), according to Fitch Ratings. American Express, the biggest U.S. credit-card issuer by customer purchases, is the only credit card currently accepted at Costco stores. We rate approximately $17 billion of AECAMT and $4 billion of AEITII.
AXP: 78.08 (-2.40)
Bloomberg: AmEx also divorcing JetBlue
Seeking Alpha - at Seeking Alpha - Fri Feb 13, 3:32PM CST
BCS: 15.77 (+0.12), AXP: 78.08 (-2.40), COST: 147.10 (-0.66), JBLU: 16.83 (+0.09), MA: 87.14 (-0.38)
Enough of Greece -- Investors to Refocus on U.S. Economy Next Week
at The Street - Fri Feb 13, 3:05PM CST
Greece demanded focus this week as eurozone power dynamics tugged the strings of stock markets.
Stock Markets Recover Gains as Energy Rally Charges Ahead
at The Street - Fri Feb 13, 2:14PM CST
U.S. stocks pare gains mid-afternoon Friday as a selloff in utilities overshadows a boost to energy stocks.
How to Trade the Market's Most-Active Stocks: Amex, Vale and More
at The Street - Fri Feb 13, 1:31PM CST
Here's a technical look at how to trade some of the most active stocks on the market today.
AXP: 78.08 (-2.40), VALE: 8.05 (+0.32), KING: 16.70 (+1.96)
Retailers have the edge on banks in co-branded deals
Seeking Alpha - at Seeking Alpha - Fri Feb 13, 12:05PM CST
V: 269.63 (-1.28), AXP: 78.08 (-2.40), COF: 78.88 (-0.41), WFC: 55.33 (+0.47), MA: 87.14 (-0.38)
4 Key Takeaways From Tim Cook at the Goldman Sachs Tech Conference
Evan Niu, CFA, The Motley Fool - Motley Fool - Fri Feb 13, 11:30AM CST
Goldman Sachs has been hosting a technology conference the past week, and Apple CEO Tim Cook personally spoke at the event to give insight into his strategic thinking on a wide range of topics. Here are four key takeaways from the conference. ...
V: 269.63 (-1.28), GS: 189.00 (-0.78), EBAY: 56.47 (+1.73), AXP: 78.08 (-2.40), FB: 75.74 (-0.49), JBLU: 16.83 (+0.09), GOOGL: 551.16 (+5.15), GOOG: 549.01 (+6.08), AAPL: 127.08 (+0.62), MA: 87.14 (-0.38)
Costco Wholesale Corporation Is Ditching Its AmEx Card
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Fri Feb 13, 11:11AM CST
For a decade and a half, Costco Wholesale Corporation has trained its customers to use an American Express card if they want to pay with plastic -- which many of them do. However, the long-standing relationship between Costco and AmEx will...
AXP: 78.08 (-2.40), COST: 147.10 (-0.66)
Stocks Poised For Big Weekly Gain; CyberArk, Vasco Surge
at Investor's Business Daily - Fri Feb 13, 10:55AM CST
Stocks traded quietly higher at midday Friday as earnings news sent a number of leading stocks sharply higher. The Nasdaq hit another multiyear high, adding 0.3%. The S&P 500 and Dow Jones industrial average each added 0.2%. Volume was tracking lower...
VDSI: 27.86 (+2.69), AXP: 78.08 (-2.40), CYBR: 52.52 (+6.83), COST: 147.10 (-0.66), COLM: 51.50 (+7.91)
American Express (AXP) Showing Unusual Social Activity Today
at The Street - Fri Feb 13, 9:50AM CST
Trade-Ideas LLC identified American Express (AXP) as an unusual social activity candidate
AXP: 78.08 (-2.40)
Bahrain's Cards and Payments Industry 2015: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Fri Feb 13, 9:10AM CST
Research and Markets (http://www.researchandmarkets.com/research/lfs5vp/bahrains_cards) has announced the addition of the "Bahrain's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. Bahrain has a diversified economy with well-developed infrastructural facilities, and is home to large number of multinational companies in the Middle-East and North Africa (MENA). The government has encouraged investment in the financial service and tourism sectors as part of its economic diversification plans, with special emphasis on Islamic banking. The country has the region's highest density of Islamic financial institutions, including 24 dedicated banks. As the need for, and awareness levels of, sophisticated banking products and service offerings increase, banks operating in the country are launching new products to retain market share. Consequently, Bahrain's cards and payments industry recorded healthy growth during the review period (2009-2013). Credit transfers and check payments were the preferred payment instruments, having a combined industry share of 99.4% in 2013 in terms of transaction value. The share of payment cards increased from 0.4% in 2009 to 0.6% in 2013, as the government and banks are taking initiatives to increase benefits and awareness levels among consumers and merchants. In terms of the number of cards in circulation, Bahrain's payment cards - including debit and credit cards - registered positive growth during the review period, recording a compound annual growth rate (CAGR) of 5.49%, increasing from 830,360 cards in 2009 to 1.0 million in 2013. In terms of transaction value, payment cards reached BHD1.1 billion (US$3 billion) in 2013, after registering a CAGR of 17.37%. Similarly in terms of transaction volume, payment cards registered a CAGR of 17.69%, reaching 16.1 million in 2013. Key Topics Covered: 1 Key Facts and Top Events 2 Executive Summary 3 Payment Instruments 4 Market Attractiveness and Future Prospects of Cards and Payments 5 Analysis of Cards and Payments Industry Drivers 6 Emerging Consumer Attitudes and Trends 7 Payment Cards 8 Debit Cards 9 Credit Cards 10 Commercial Cards 11 Regulations in the Cards and Payments Industry 12 Card Fraud Statistics 13 Card Issuers 14 Card Schemes 15 Prepaid Cards 16 Appendix Companies Mentioned - National Bank of Bahrain - Ahli United Bank - CrediMax - HSBC Bahrain - Standard Chartered Bank Bahrain - Citibank - American Express - MasterCard - Visa For more information visit http://www.researchandmarkets.com/research/lf...ains_cards
AXP: 78.08 (-2.40)
American Express to End Contract with Costco, Shares Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 9:04AM CST
American Express Company (AXP) shares suffered a 6.43% decline in yesterday's trading session after the company declared that its merchant acceptance agreement with Costco Wholesale Corporation (COST) will end on Mar 31, 2016.
LADR: 18.94 (+0.17), AXP: 78.08 (-2.40), COST: 147.10 (-0.66), GFN: 9.20 (+0.25)
BBVA Compass announces a new card-issuing partnership with American Express
PR Newswire - Fri Feb 13, 8:30AM CST
BBVA Compass and American Express today announced a new card-issuing partnership, which brings together three global brands -- BBVA, American Express and the NBA -- through the BBVA Compass NBA American Express® Card.
AXP: 78.08 (-2.40), BBVA: 9.69 (+0.24)
American Express (AXP) Stock Lower Today After Bank of America/Merrill Lynch Downgrade
at The Street - Fri Feb 13, 8:24AM CST
Shares of American Express (AXP) are down as Bank of America/Merrill Lynch downgrades the company to 'underperform' from 'buy' and slashes its price target to $78 from $109.
AXP: 78.08 (-2.40)
Downgrade Alert for American Express (AXP)
Comtex SmarTrend(R) - Fri Feb 13, 8:02AM CST
American Express (NYSE:AXP) was downgraded from Buy to Underperform at BofA/Merrill today. The stock closed yesterday at $80.48 on volume of 32.6 million shares, above average daily volume of 5.4 million. American Express (NYSE:AXP) has potential upside of 21.5% based on a current price of $80.48 and analysts' consensus price target of $97.81. The stock should find initial resistance at its 50-day moving average (MA) of $88.73 and further resistance at its 200-day MA of $89.61.
AXP: 78.08 (-2.40)
American Express (AXP) Crumbles: Stock Falls by 6.4% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 7:40AM CST
American Express's shares fell 6.4% on the day reversing the recent uptrend
AXP: 78.08 (-2.40), HAWKB: 36.13 (-0.44)
Analysts weigh in on American Express after Costco loss
Seeking Alpha - at Seeking Alpha - Fri Feb 13, 6:28AM CST
AXP: 78.08 (-2.40)
'Fast Money' Recap: 50 Trades That Pay, Oil Movement, FireEye and More
at The Street - Fri Feb 13, 4:00AM CST
The trading panel discussed the direction of oil prices, whether to buy or sell Tesla, FireEye, Groupon and more, as well as the 50 trades that pay.
TSLA: 203.77 (+0.89), OAK: 57.07 (+1.39), FEYE: 42.26 (+2.63), AXP: 78.08 (-2.40), WWE: 16.59 (+2.23), HON: 104.38 (+0.88), SDRL: 12.32 (-0.70), INTC: 34.36 (+0.23), COL: 88.81 (+0.24), K: 63.20 (-0.10), VLO: 58.60 (+2.05), PSG: 19.01 (+0.30), EEM: 40.67 (+0.46), BIDU: 212.13 (+7.11), COST: 147.10 (-0.66), TMUS: 31.75 (+0.16), GRPN: 7.97 (+0.51), CERN: 70.98 (+1.15), CSCO: 29.43 (-0.03), CBS: 59.83 (+2.06)
Stocks Rally as Fears Ease Over Ukraine and Greece
at The Street - Thu Feb 12, 3:50PM CST
The dust settled in the two regions, soothing some of Wall Street's fears of geopolitical risk.
TSLA: 203.77 (+0.89), AXP: 78.08 (-2.40), CAG: 34.83 (-1.59), TRIP: 84.81 (+2.41), OWW: 11.68 (-0.04), K: 63.20 (-0.10), EXPE: 89.49 (-0.08), COST: 147.10 (-0.66), ZNGA: 2.24 (-0.42), RIO: 49.37 (+2.22), AAPL: 127.08 (+0.62), CSCO: 29.43 (-0.03), KING: 16.70 (+1.96)