AMERICAN EXPRESS
at Investor's Business Daily - Wed Oct 21, 5:49PM CDT
AMERICAN EXPRESS (AXP) Q3 EPS fell 11% to $1.24, missing views by 7 cents. Consolidated revenue fell 2% to $8.2 bil, also missing. Shares fell 3.8% to 73.61.
AXP: 76.51 (-0.44)
American Express (AXP) Missed on Earnings and Revenue
Madeleine Johnson - Zacks Investment Research - Wed Oct 21, 4:55PM CDT
Financial services company American Express missed on both earnings and revenue estimates for Q3.
AXP: 76.51 (-0.44)
American Express 3Q results miss analysts' estimates
By KEN SWEET - AP - Wed Oct 21, 4:32PM CDT
NEW YORK (AP) — American Express reported a 16 percent drop in profits from a year earlier, missing analysts' estimates, as the credit card company was hurt by higher expenses and remains under pressure from the strong U.S. dollar. The company also cut its full-year forecast.
AXP: 76.51 (-0.44), COST: 155.21 (+0.65)
American Express (AXP) Stock Slides in After-Hours Trading on Earnings Miss
at The Street - Wed Oct 21, 3:44PM CDT
American Express (AXP) stock is declining in after-hours trading after the company reported lower than expected earnings and revenue for the third quarter of 2015.
AXP: 76.51 (-0.44)
AmEx Profit Misses Estimates as Chenault Rebuilds After Costco
at The Street - Wed Oct 21, 3:13PM CDT
American Express AXP has had a tough year, but it looks like CEO Kenneth Chenault is turning things around after the loss of longtime client Costco.
AXP: 76.51 (-0.44)
American Express Reports Third Quarter EPS of $1.24, Versus $1.40 a Year Ago
Business Wire - Wed Oct 21, 3:03PM CDT
American Express Company (NYSE:AXP) today reported third-quarter net income of $1.3 billion, down 14 percent from $1.5 billion a year ago. Diluted earnings per share was $1.24, down 11 percent from $1.40 a year ago.
AXP: 76.51 (-0.44)
American Express (AXP) Stock Up Ahead of Earnings Report
at The Street - Wed Oct 21, 11:33AM CDT
American Express (AXP) stock is increasing ahead of the company’s 2015 third quarter earnings release expected today after the market close.
AXP: 76.51 (-0.44)
Accenture, Partnership Fund for NYC and Leading Banks Call for Applicants for New York FinTech Innovation Lab 2016
M2 - Wed Oct 21, 8:22AM CDT
Applications are now being accepted for New York's sixth annual FinTech Innovation Lab, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that helps early- and growth-stage financial technology (fintech) companies accelerate product and business development by gaining exposure to top bank and venture capital executives. Applications are available at www.fintechinnovationlab.com and are due by Dec. 3.
AXP: 76.51 (-0.44), ALLY: 20.21 (-0.09), C: 51.81 (-1.03), WFC: 53.12 (+0.04), BAC: 15.90 (-0.30), MS: 31.48 (-0.77), GS: 179.70 (-5.81), COF: 73.68 (-0.90), JPM: 62.06 (-0.46), AIG: 60.23 (-0.04), ACN: 102.52 (-0.95)
Oct. 21 Premarket Briefing: 10 Things You Should Know
at The Street - Wed Oct 21, 5:37AM CDT
U.S. stock futures rise and shares in Japan move higher on hopes for fresh stimulus from the Bank of Japan.
KO: 42.19 (-0.10), BIIB: 276.34 (+10.53), AXP: 76.51 (-0.44), CS: 24.98 (-0.98), FCAU: 15.20 (-0.74), BA: 141.19 (+2.31), SBUX: 60.53 (-0.35), YHOO: 31.12 (-1.71), EBAY: 24.21 (-0.21), IBM: 140.92 (+0.28), LRCX: 70.79 (+0.76), TXN: 51.90 (-0.53), CMG: 665.67 (-39.96), GM: 35.42 (+1.94), EMC: 25.77 (-1.72), GOOGL: 671.80 (-8.20), KLAC: 63.98 (+10.12)
American Express Canada Renews Partnership with Live Nation Canada to Bring More Entertainment Access to Canadian Cardmembers
CNW Group - Wed Oct 21, 5:00AM CDT
Multi-year agreement part of American Express Canada's expanding entertainment and experiences programs
AXP: 76.51 (-0.44), LYV: 25.57 (-0.28)
Coca-Cola's Earnings Could Add Needed Fizz to Earnings Season
at The Street - Tue Oct 20, 7:15PM CDT
Kimberly Clark, Biogen and Credit Suisse are among the big companies reporting earnings Wednesday.
KMI: 31.42 (-0.51), KO: 42.19 (-0.10), BIIB: 276.34 (+10.53), EBAY: 24.21 (-0.21), AXP: 76.51 (-0.44), CS: 24.98 (-0.98), KMB: 118.09 (+0.87), GM: 35.42 (+1.94), LVS: 46.84 (-0.48), EMC: 25.77 (-1.72), BA: 141.19 (+2.31)
For Shaky Energy Stocks, You Have Options
at The Street - Tue Oct 20, 3:00PM CDT
Price distortion is happening in the energy patch.
AXP: 76.51 (-0.44), CHK: 7.87 (-0.32), C: 51.81 (-1.03), XCO: 1.28 (-0.08), SN: 7.40 (-0.35), BAC: 15.90 (-0.30), WFC: 53.12 (+0.04)
Business events scheduled for Wednesday
By The Associated Press - AP - Tue Oct 20, 2:12PM CDT
Major business and economic events scheduled for Wednesday:
KO: 42.19 (-0.10), AXP: 76.51 (-0.44), EBAY: 24.21 (-0.21), GM: 35.42 (+1.94), BA: 141.19 (+2.31)
US Financial 15 Split Corp. Preferred Dividend Declared
Marketwired - Tue Oct 20, 8:04AM CDT
US Financial 15 Split Corp. ("US Financial 15"
FITB: 18.28 (-0.55), STT: 67.19 (-1.07), RF: 9.03 (-0.18), AXP: 76.51 (-0.44), FTU.TO: 0.31 (-0.03), MS: 31.48 (-0.77)
American Express Technicals Show Its Stock Is Recovering
at The Street - Tue Oct 20, 6:51AM CDT
Shares of American Express have traded sideways to up since Aug. 24, 'Black Monday,' and closed last week with a positive weekly chart. Here's how to trade it.
AXP: 76.51 (-0.44)
Iconic Brands Selects Fly Communications as Its Agency of Record to Promote BiVi 100% Sicilian Vodka
Marketwired - Tue Oct 20, 6:00AM CDT
Iconic Brands Inc. (OTC PINK: ICNB) expands its nation-wide marketing program of BiVi 100% Sicilian Vodka with the addition of Fly Communications as its advertising agency of record. Fly Communications has over 14 years of experience with nationally known brands such as Amazon, American Express, NFL and many other industry leaders.
AXP: 76.51 (-0.44)
State of the Commercial Card Market, 2015
M2 - Tue Oct 20, 4:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ddzc2r/state_of_the) has announced the addition of the "State of the Commercial Card Market, 2015" report to their offering. The U.S. commercial credit card market continues to demonstrate positive growth despite recent corporate economic challenges and increased levels of investment in corporate payable solutions. While led by increases in purchasing card (P-card) volumes, the recent positive economic signs have also led to higher spend on travel and entertainment (T&E) cards as well. The newest report, State of the Commercial Card Market, 2015, looks at the current market for commercial credit products and the near-term and long-term challenges and opportunities faced by networks, issuers, and corporates. "The underlying elements of the U.S. commercial card market remain strong as a key component of corporate payable strategies, comments Richard A. Hall, author of the report. Despite the challenges to make significant impacts to often large and complex programs, the environment remains positive for stakeholders in the commercial card arena. At the same time, these stakeholders must take a serious look at not just their product offerings but create new forms of value to take advantage of this opportunity. Highlights of the report include: - Review of current purchasing card and travel and entertainment card volumes including virtual solutions - Network performance and key drivers to extended growth - Performance of top commercial card issuers including growth estimates - Key elements to successful commercial card programs to sustain growth - The importance of commercial cards in broader corporate payables strategies Key Topics Covered: 1. Executive Summary 2. Introduction 3. Commercial Card Product Landscape - Commercial Card Definitions - Purchasing Cards (P-Card) - T&E Cards - Future Developments 4. The U.S. Commercial Card Market 5. Network Perspective - American Express, MasterCard, and Visa 6. Issuers' Perspective 7. Global Considerations 8. U.S. Market Trends and Dynamics - The Increasing Use of Virtual Cards - Integration of Card Sales with Payable Solutions for Corporates - More Segmentation of Client Portfolios - Sales and Relationship Management Models 9. Building a Successful Commercial Card Program 10. Shift to Mobile? 11. Conclusions Companies Mentioned - American Express - Bank of America Merrill Lynch - Citibank - JP Morgan Chase - MasterCard - U.S. Bank - Visa For more information visit http://www.researchandmarkets.com/research/dd...ate_of_the
AXP: 76.51 (-0.44)
Can American Express (AXP) Q3 Earnings Offset Expenses?
Zacks Equity Research - Zacks Investment Research - Mon Oct 19, 3:15PM CDT
AmEx (AX) will release third-quarter results on Oct 21, our proven model does not conclusively show that AmEx is likely to beat the Zacks Consensus Estimate in the third quarter.
FISV: 92.59 (-0.28), AXP: 76.51 (-0.44), COF: 73.68 (-0.90), CB: 129.36 (+1.10)