American Express Company (AXP) 60.06 $AXP
Bank Stock Roundup: Positive Stress Test Results, Brexit Makes Headlines; BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 11:10AM CDT
Over the last five trading days, the major banks showed a bullish trend. Investors' confidence received a boost with the banks clearing the annual regulatory stress test successfully.
AXP: 60.06 (-3.19), JPM: 59.60 (-4.45), C: 40.30 (-4.16), COST: 155.56 (-1.47), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), PNC: 81.08 (-5.59)
Costco's (COST) New Partnership with Citigroup (C) Not Quite Smooth Sailing
Afrasiab Mian - Zacks Investment Research - Thu Jun 23, 6:19PM CDT
Costco Wholesale (COST) has experienced a decrease in sales recently, presumably due to difficulties involving transitioning customers from American Express (AXP) to Citigroup (C) cards.
V: 75.05 (-3.18), AXP: 60.06 (-3.19), C: 40.30 (-4.16), COST: 155.56 (-1.47)
American Express To Update U.S. Fraud Policies To Limit EMV Chargebacks for Merchants
BusinessWire - Wed Jun 22, 8:00AM CDT
In an effort to promote further adoption of EMV in the U.S., American Express (NYSE: AXP) today announced changes to its EMV chargeback policy to help merchants limit their fraud costs as they upgrade their point-of-sale systems. By the end of August 2016, merchants will not be held liable for chargebacks for counterfeit fraud when a transaction is under $25. In addition, by the end of 2016 American Express also plans to limit the number of counterfeit fraud chargebacks to a total of 10 per card account. The card issuer - not the merchant - will bear the financial liability for any additional counterfeit fraud transaction that is disputed on a card account after 10 chargebacks. This limit does not prevent a Card Member from disputing additional fraudulent transactions.
AXP: 60.06 (-3.19)
Visa to Spread Further in Europe with Visa Europe Buyout
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 7:57AM CDT
Visa Inc. (V) has completed the acquisition of Visa Europe Ltd within the scheduled time.
DFS: 51.79 (-2.49), V: 75.05 (-3.18), AXP: 60.06 (-3.19), MA: 91.47 (-4.24)
Citigroup Acquires Costco Portfolio from American Express
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 2:55PM CDT
Citigroup Inc. (C) has completed the acquisition of U.S. co-brand credit card portfolio of Costco Wholesale Corporation (COST) from American Express Company (AXP). The bank has acquired over $10.5 billion of credit card receivables.
V: 75.05 (-3.18), AXP: 60.06 (-3.19), C: 40.30 (-4.16), COST: 155.56 (-1.47)
American Express Launches National LGBTQ PRIDE Campaign to "Express Love"
BusinessWire - Tue Jun 21, 9:30AM CDT
American Express (NYSE: AXP) today announces the launch of its fifth annual Pride campaign to celebrate LGBTQ Card Members, merchants, employees and local communities. Coinciding with New York's Pride festivities and marking the one-year anniversary of the Supreme Court's marriage equality decision, the theme for this year's campaign encourages consumers to share how they "Express Love" every day. The 11-market program features multiple activations including: a social media call-to-action to #ExpressLove, local merchant recognition events, a presence in local Pride celebrations, support for local LGBTQ nonprofit organizations, national advertisements and more.
AXP: 60.06 (-3.19)
Stock Market News for June 21, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 9:10AM CDT
Benchmarks ended higher on Monday after polls suggest that the U.K. will remain in the European Union
MMM: 169.12 (-4.99), NSC: 82.64 (-4.36), GE: 29.82 (-1.37), AXP: 60.06 (-3.19), C: 40.30 (-4.16), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), CSX: 25.70 (-1.30), BA: 126.52 (-7.03), UPS: 104.41 (-2.81), MS: 24.52 (-2.77), EOG: 81.06 (-3.44), CVX: 101.90 (-2.54), UNP: 85.25 (-3.29)
US Financial 15 Split Corp.: Preferred Dividend Declared
Marketwire Canada - Mon Jun 20, 5:52PM CDT
TORONTO, ONTARIO--(Marketwired - Jun 20, 2016) - US Financial 15 Split Corp. ("US Financial 15"
declares its monthly distribution of $0.02966 for each Preferred share, or 5.25% annually based on the May 31, 2016 net asset value of $6.78. Dividends are payable on July 8, 2016 to Preferred shareholders on record as at June 30, 2016.
FITB: 17.50 (-1.61), STT: 54.99 (-5.28), RF: 8.53 (-0.92), AXP: 60.06 (-3.19), FTU.TO: 0.25 (unch), MS: 24.52 (-2.77)
American Express Set to Possibly Pullback After Yesterday's Rally of 1.70%
Comtex SmarTrend(R) - Mon Jun 20, 3:24PM CDT
American Express (NYSE:AXP) traded in a range yesterday that spanned from a low of $62.45 to a high of $63.41. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $62.43 on volume of 1.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AXP: 60.06 (-3.19)
Elavon Supports Payments Innovation with Apple Pay Expansion
BusinessWire - Mon Jun 20, 8:00AM CDT
Elavon, a leading global payments solution provider and subsidiary of U.S. Bancorp (NYSE:USB), provides access to Apple Pay and now supports the additional card brands most used by Canadian consumers. Interac(R), Visa(R) and MasterCard(R) have been added in addition to American Express(R).
AXP: 60.06 (-3.19), USB: 39.86 (-2.37)
American Express Quick Chip to Speed Up EMV Transactions
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:46AM CDT
American Express Co. (AXP) has launched Quick Chip technology in an effort to speed up transaction processing
DFS: 51.79 (-2.49), V: 75.05 (-3.18), AXP: 60.06 (-3.19), MA: 91.47 (-4.24)
Momentum for FIDO Authentication Leads Evolution Beyond Passwords
Marketwired - Wed Jun 15, 11:13AM CDT
200+ FIDO Certified Products Are Now Available for Simpler, Stronger Authentication
AXP: 60.06 (-3.19), SYNA: 52.22 (-4.50), PYPL: 35.08 (-1.58), DCM: 25.69 (-0.29), BAC: 13.00 (-1.04), NXPI: 80.07 (-7.29), INTC: 31.55 (-1.44), AET: 117.66 (-3.34), GOOG: 675.22 (-26.65), VDSI: 16.08 (-1.64), V: 75.05 (-3.18), QCOM: 52.12 (-3.43), ARMH: 44.06 (-1.40), ING: 10.18 (-2.37), MSFT: 49.83 (-2.08), MA: 91.47 (-4.24), BABA: 76.29 (-2.85)
Marketing Innovators Partners with American Express Serve® to Simplify Corporate Disbursements for Clients
PR Newswire - Wed Jun 15, 10:31AM CDT
American Express Serve and Marketing Innovators®, a leading global incentive company, today announced they will partner to enable clients of Marketing Innovators to easily disburse payments, commissions, incentives, rewards, and expense reimbursements.
AXP: 60.06 (-3.19)
Here's Why Credit Card Stocks Plunged in Tuesday's Trading
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 7:20AM CDT
Credit card stocks declined due to the disappointing credit quality outlook from Synchrony Financial.
DFS: 51.79 (-2.49), GE: 29.82 (-1.37), AXP: 60.06 (-3.19), COF: 61.88 (-3.72), SYF: 24.64 (-1.36)
American Express Launches Quick Chip Service to Provide A More Seamless Process For EMV Chip Card Transactions at Point of Sale
BusinessWire - Wed Jun 15, 6:00AM CDT
American Express (NYSE:AXP) today announced the availability of Amex Quick Chip, a technology that enables merchants to provide a more seamless experience at the point of sale for Card Members when they pay with their EMV chip cards. Amex Quick Chip is available to merchant processors, which may deploy the service to interested U.S. merchants through a software update to the merchants' EMV-enabled payment terminals. This provides another option for merchants in industries where having a fast check-out process is especially important.
AXP: 60.06 (-3.19)
Asian stocks uneven as Fed rate decision looms
By KELVIN CHAN - AP - Tue Jun 14, 10:22PM CDT
HONG KONG (AP) — Asian stock markets were uneven Wednesday as investors awaited a Fed interest rate decision while the yuan sank after index compiler MSCI declined to include Chinese stocks in a key index.
COF: 61.88 (-3.72), AXP: 60.06 (-3.19), SYF: 24.64 (-1.36)
Zacks Research Daily for June 14, 2016
Sheraz Mian - Zacks Investment Research - Tue Jun 14, 12:25PM CDT
Zacks Research Daily for June 14, 2016
AMZN: 698.96 (-23.12), AXP: 60.06 (-3.19), EA: 73.21 (-2.84), MCD: 119.44 (-1.77), PPG: 102.73 (-8.49), LLL: 141.39 (-2.93)
Bank Stock Roundup: Positive Stress Test Results, Brexit Makes Headlines; BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 11:10AM CDT
Over the last five trading days, the major banks showed a bullish trend. Investors' confidence received a boost with the banks clearing the annual regulatory stress test successfully.
AXP: 60.06 (-3.19), JPM: 59.60 (-4.45), C: 40.30 (-4.16), COST: 155.56 (-1.47), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), PNC: 81.08 (-5.59)
Costco's (COST) New Partnership with Citigroup (C) Not Quite Smooth Sailing
Afrasiab Mian - Zacks Investment Research - Thu Jun 23, 6:19PM CDT
Costco Wholesale (COST) has experienced a decrease in sales recently, presumably due to difficulties involving transitioning customers from American Express (AXP) to Citigroup (C) cards.
V: 75.05 (-3.18), AXP: 60.06 (-3.19), C: 40.30 (-4.16), COST: 155.56 (-1.47)
American Express To Update U.S. Fraud Policies To Limit EMV Chargebacks for Merchants
BusinessWire - Wed Jun 22, 8:00AM CDT
In an effort to promote further adoption of EMV in the U.S., American Express (NYSE: AXP) today announced changes to its EMV chargeback policy to help merchants limit their fraud costs as they upgrade their point-of-sale systems. By the end of August 2016, merchants will not be held liable for chargebacks for counterfeit fraud when a transaction is under $25. In addition, by the end of 2016 American Express also plans to limit the number of counterfeit fraud chargebacks to a total of 10 per card account. The card issuer - not the merchant - will bear the financial liability for any additional counterfeit fraud transaction that is disputed on a card account after 10 chargebacks. This limit does not prevent a Card Member from disputing additional fraudulent transactions.
AXP: 60.06 (-3.19)
Visa to Spread Further in Europe with Visa Europe Buyout
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 7:57AM CDT
Visa Inc. (V) has completed the acquisition of Visa Europe Ltd within the scheduled time.
DFS: 51.79 (-2.49), V: 75.05 (-3.18), AXP: 60.06 (-3.19), MA: 91.47 (-4.24)
Citigroup Acquires Costco Portfolio from American Express
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 2:55PM CDT
Citigroup Inc. (C) has completed the acquisition of U.S. co-brand credit card portfolio of Costco Wholesale Corporation (COST) from American Express Company (AXP). The bank has acquired over $10.5 billion of credit card receivables.
V: 75.05 (-3.18), AXP: 60.06 (-3.19), C: 40.30 (-4.16), COST: 155.56 (-1.47)
American Express Launches National LGBTQ PRIDE Campaign to "Express Love"
BusinessWire - Tue Jun 21, 9:30AM CDT
American Express (NYSE: AXP) today announces the launch of its fifth annual Pride campaign to celebrate LGBTQ Card Members, merchants, employees and local communities. Coinciding with New York's Pride festivities and marking the one-year anniversary of the Supreme Court's marriage equality decision, the theme for this year's campaign encourages consumers to share how they "Express Love" every day. The 11-market program features multiple activations including: a social media call-to-action to #ExpressLove, local merchant recognition events, a presence in local Pride celebrations, support for local LGBTQ nonprofit organizations, national advertisements and more.
AXP: 60.06 (-3.19)
Stock Market News for June 21, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 9:10AM CDT
Benchmarks ended higher on Monday after polls suggest that the U.K. will remain in the European Union
MMM: 169.12 (-4.99), NSC: 82.64 (-4.36), GE: 29.82 (-1.37), AXP: 60.06 (-3.19), C: 40.30 (-4.16), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), CSX: 25.70 (-1.30), BA: 126.52 (-7.03), UPS: 104.41 (-2.81), MS: 24.52 (-2.77), EOG: 81.06 (-3.44), CVX: 101.90 (-2.54), UNP: 85.25 (-3.29)
US Financial 15 Split Corp.: Preferred Dividend Declared
Marketwire Canada - Mon Jun 20, 5:52PM CDT
TORONTO, ONTARIO--(Marketwired - Jun 20, 2016) - US Financial 15 Split Corp. ("US Financial 15"
declares its monthly distribution of $0.02966 for each Preferred share, or 5.25% annually based on the May 31, 2016 net asset value of $6.78. Dividends are payable on July 8, 2016 to Preferred shareholders on record as at June 30, 2016. FITB: 17.50 (-1.61), STT: 54.99 (-5.28), RF: 8.53 (-0.92), AXP: 60.06 (-3.19), FTU.TO: 0.25 (unch), MS: 24.52 (-2.77)
American Express Set to Possibly Pullback After Yesterday's Rally of 1.70%
Comtex SmarTrend(R) - Mon Jun 20, 3:24PM CDT
American Express (NYSE:AXP) traded in a range yesterday that spanned from a low of $62.45 to a high of $63.41. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $62.43 on volume of 1.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AXP: 60.06 (-3.19)
Elavon Supports Payments Innovation with Apple Pay Expansion
BusinessWire - Mon Jun 20, 8:00AM CDT
Elavon, a leading global payments solution provider and subsidiary of U.S. Bancorp (NYSE:USB), provides access to Apple Pay and now supports the additional card brands most used by Canadian consumers. Interac(R), Visa(R) and MasterCard(R) have been added in addition to American Express(R).
AXP: 60.06 (-3.19), USB: 39.86 (-2.37)
American Express Quick Chip to Speed Up EMV Transactions
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:46AM CDT
American Express Co. (AXP) has launched Quick Chip technology in an effort to speed up transaction processing
DFS: 51.79 (-2.49), V: 75.05 (-3.18), AXP: 60.06 (-3.19), MA: 91.47 (-4.24)
Momentum for FIDO Authentication Leads Evolution Beyond Passwords
Marketwired - Wed Jun 15, 11:13AM CDT
200+ FIDO Certified Products Are Now Available for Simpler, Stronger Authentication
AXP: 60.06 (-3.19), SYNA: 52.22 (-4.50), PYPL: 35.08 (-1.58), DCM: 25.69 (-0.29), BAC: 13.00 (-1.04), NXPI: 80.07 (-7.29), INTC: 31.55 (-1.44), AET: 117.66 (-3.34), GOOG: 675.22 (-26.65), VDSI: 16.08 (-1.64), V: 75.05 (-3.18), QCOM: 52.12 (-3.43), ARMH: 44.06 (-1.40), ING: 10.18 (-2.37), MSFT: 49.83 (-2.08), MA: 91.47 (-4.24), BABA: 76.29 (-2.85)
Marketing Innovators Partners with American Express Serve® to Simplify Corporate Disbursements for Clients
PR Newswire - Wed Jun 15, 10:31AM CDT
American Express Serve and Marketing Innovators®, a leading global incentive company, today announced they will partner to enable clients of Marketing Innovators to easily disburse payments, commissions, incentives, rewards, and expense reimbursements.
AXP: 60.06 (-3.19)
Here's Why Credit Card Stocks Plunged in Tuesday's Trading
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 7:20AM CDT
Credit card stocks declined due to the disappointing credit quality outlook from Synchrony Financial.
DFS: 51.79 (-2.49), GE: 29.82 (-1.37), AXP: 60.06 (-3.19), COF: 61.88 (-3.72), SYF: 24.64 (-1.36)
American Express Launches Quick Chip Service to Provide A More Seamless Process For EMV Chip Card Transactions at Point of Sale
BusinessWire - Wed Jun 15, 6:00AM CDT
American Express (NYSE:AXP) today announced the availability of Amex Quick Chip, a technology that enables merchants to provide a more seamless experience at the point of sale for Card Members when they pay with their EMV chip cards. Amex Quick Chip is available to merchant processors, which may deploy the service to interested U.S. merchants through a software update to the merchants' EMV-enabled payment terminals. This provides another option for merchants in industries where having a fast check-out process is especially important.
AXP: 60.06 (-3.19)
Asian stocks uneven as Fed rate decision looms
By KELVIN CHAN - AP - Tue Jun 14, 10:22PM CDT
HONG KONG (AP) — Asian stock markets were uneven Wednesday as investors awaited a Fed interest rate decision while the yuan sank after index compiler MSCI declined to include Chinese stocks in a key index.
COF: 61.88 (-3.72), AXP: 60.06 (-3.19), SYF: 24.64 (-1.36)
Zacks Research Daily for June 14, 2016
Sheraz Mian - Zacks Investment Research - Tue Jun 14, 12:25PM CDT
Zacks Research Daily for June 14, 2016
AMZN: 698.96 (-23.12), AXP: 60.06 (-3.19), EA: 73.21 (-2.84), MCD: 119.44 (-1.77), PPG: 102.73 (-8.49), LLL: 141.39 (-2.93)
