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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.....»»

Category: earningsSource: benzingaJan 24th, 2020

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.....»»

Category: blogSource: benzingaJan 24th, 2020

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 .....»»

Category: topSource: marketwatchDec 31st, 2019

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.....»»

Category: topSource: marketwatchDec 26th, 2019

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......»»

Category: topSource: marketwatchDec 17th, 2019

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.....»»

Category: topSource: marketwatchNov 26th, 2019

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......»»

Category: topSource: moneycentralOct 22nd, 2019

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.....»»

Category: blogSource: slopeofhopeOct 21st, 2019

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......»»

Category: topSource: reutersOct 18th, 2019

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.....»»

Category: topSource: marketwatchOct 18th, 2019

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......»»

Category: topSource: reutersOct 18th, 2019

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,.....»»

Category: blogSource: gurufocusOct 15th, 2019

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......»»

Category: topSource: reutersAug 27th, 2019

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.....»»

Category: topSource: marketwatchJul 30th, 2019

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.....»»

Category: blogSource: valuewalkJul 30th, 2019

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......»»

Category: topSource: reutersJul 23rd, 2019

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.....»»

Category: smallbizSource: nytJul 22nd, 2019

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......»»

Category: topSource: reutersJul 19th, 2019

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.....»»

Category: earningsSource: benzingaJul 19th, 2019

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......»»

Category: topSource: reutersJul 19th, 2019