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Mid-Morning Market Update: Markets Mostly Higher; American Express Earnings Top Expectations
Following the market opening Friday, the Dow traded up 0.27% to 29,239.99 while the NASDAQ rose 0.27% to 9,427.94. The S&P fell, dropping 0.01% to 3,325.42. Leading and Lagging Sectors Information technology shares climbed 0.8% on Friday. Meanwhile, top.....»»
Mid-Morning Market Update: Markets Mostly Higher; American Express Earnings Top Expectations
Following the market opening Friday, the Dow traded up 0.27% to 29,239.99 while the NASDAQ rose 0.27% to 9,427.94. The S&P fell, dropping 0.01% to 3,325.42. Leading and Lagging Sectors 0 read more.....»»
Oil pops slightly higher in electronic trade after API report shows big weekly drop in supplies
Crude-oil supplies fell by 7.8 million barrels for the week ended Dec. 27, the American Petroleum Institute reported late Tuesday. Gasoline inventories also .....»»
U.S. oil prices mark 3rd gain in a row as data show sharp inventory drop
Crude-oil prices ended sharply higher Thursday in thin post-Christmas trading, as a weekly inventory report indicated a bigger-than-expected decline in stockpiles for oil. American Petroleum Institute reported late Tuesday t.....»»
American Express Global Business Travel confirms equity recapitalization
American Express Global Business Travel (GBT) confirmed Tuesday the signing of an an agreement for an equity recapitalization of the joint venture, that is half-owned by American Express Co. and half-owned by and investor Group led by Certares......»»
London Markets: British pound falls but stocks gain as Boris Johnson’s lead narrows in polls
British stocks climbed higher on Tuesday despite the Conservative Party’s lead narrowing in two separate election polls.....»»
Stocks open slightly higher as Procter & Gamble and McDonald’s lead earnings deluge
Stocks rose slightly on Tuesday as investors pored through a slew of key earnings......»»
Credit Cards Breakdown Imminent? (by MoneyMiser21)
FEEDThe relentless march higher for credit card heavyweights Visa and MasterCard may be over (and take American Express w.....»»
American Express profit beats estimates as consumers shrug off slowdown fears
Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the U.S. consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy......»»
American Express stock surges after earnings rise above forecasts, amid higher card member spending
Shares of American Express Co. surged 2.1% premarket after the credit card and travel services compan.....»»
American Express profit beats Wall Street estimates on higher consumer spending
Credit card issuer American Express Co reported a higher-than-expected rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and make big ticket purchases......»»
US Indexes Close Higher Tuesday With 3rd-Quarter Earnings Kickoff
Health care and financials lead gains in the S&P 500Related Stocks: UNH, JNJ, JPM, GS, WFC, C, CAT,.....»»
Norway wealth fund should move more investment to North America, central bank says
Norway's $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets to seek higher returns, the fund's manager recommended on Tuesday......»»
Oil higher in electronic trade after API reportedly sees drop in crude inventories
The American Petroleum Institute said Tuesday that U.S. oil inventories fell by 6.024 mi.....»»
Senate Democrats To Unveil Constitutional Amendment To Overturn Citizens United
Jeff Clements is President of Amercian Promise, a lead organization behind this effort and will be on stage at this event Tuesday on the Hill. American Promise is the only national organization strictly focu.....»»
Hasbro says additional tariffs may lead to higher product prices
Toymaker Hasbro Inc said on Tuesday it would raise product prices if the United States imposes additional tariffs on Chinese imports......»»
American Express (AXP) Q2 Earnings & Revenues Beat, Up Y/Y
American Express (AXP) Q2 results benefit from higher spending, fees and loans spread across geographies and customer.....»»
AmEx warns of higher costs as it boosts rewards program, shares fall
American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an increasingly crowded market, sending its shares down 2.5% on Friday......»»
Mid-Morning Market Update: Markets Open Higher; American Express Profit Tops Expectations
Following the market opening Friday, the Dow traded up 0.32% to 27,309.93 while the NASDAQ rose 0.26% to 8,228.53. The S&P also rose, gaining 0.19% to 3,000.92. Leading and Lagging S.....»»
AmEx beats profit on higher card spending; expenses a worry
Credit card issuer American Express Co beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers......»»