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Source: sanantonio.bizjournals.com --- 12 hours ago
American Express Travel has added San Antonio’s Corporate Travel Planners to the card company’s U.S. Representative Network. ... Source: www.moreover.com --- 11 hours ago
India Infoline Jul 23 2008 5:58PM GMT ... Source: www.moreover.com --- 11 hours ago
MarketWatch Jul 23 2008 6:27PM GMT ... Source: www.moreover.com --- 11 hours ago
Morningstar.com Jul 23 2008 6:03PM GMT ... Source: www.moreover.com --- 11 hours ago
Reuters UK Jul 23 2008 6:14PM GMT ... Source: www.consumeraffairs.com --- 6 hours ago
Even affluent customers fall behind on their bills. ... Source: feeds.business-standard.com --- 22 hours ago
American Express, the biggest US credit-card company by purchases, withdrew its 2008 earnings forecast after second-quarter profit fell 37 percent on worse-than-expected consumer defaults. ... Source: www.bloggingstocks.com --- 2 hours ago
Filed under: Earnings reports , American Express (AXP) , MasterCard Inc'A' (MA) American Express (NYSE: AXP ) saw a big sell-off in its shares during the after-hours session on Monday following the release of its second-quarter earnings numbers . The shares already closed down over 11%. It isn't difficult to comprehend this one. According to Earnings.com , Wall Street was hoping for the credit company to make 83 cents per share. American Express only delivered 57 cents per share from continuing operations. Not only did the company disappoint the Street by a very wide margin, but it disappointed itself, since that 57 cents per share represents a 35% drop compared to the bottom-line results achieved a year ago. Yep, the financial crisis is still with us. American Express needed to significantly add to its credit reserves. Management stated that the economy is having a negative effect on its cardmembers, and that previous guidance can no longer be relied on. Translation: don't buy this stock! At least, that's my opinion. I simply can't see allocating investment funds to American Express at this point. If investors wanted to get some exposure to plastic, all they would need to do is consider Visa (NYSE: V ) or MasterCard (NYSE: MA ). Both of these businesses are based primarily on transactions, not on credit risk. Whenever a card is used, these businesses get a little cut. And that adds up, my friends. Granted, both of these companies sold ... Source: www.mymoneyblog.com --- 20 hours ago
If you have the Starwood American Express card, you can earn an extra 2,000 Starpoints if you visit this page, apply for additional cards for two new people, and make a purchase. Now, you don’t need to provide Social Security numbers and you don’t need to give the cards to these people (they just [...] ... Source: epnn.com --- 14 hours ago
American Express saw its revenues net of interest expense increase by 8 percent to USD 7.5 billion in Q2, up from USD 6.9 billion a year ago. Income from continuing operations fell to 37 percent against the same period last year to USD 655 million from USD 1 billion a year ago. ... Source: www.topix.com --- 10 hours ago
American Express just reported second quarter results, and for the most part they were everywhere investors don't want to be. ... Source: www.topix.com --- 23 hours ago
American Express Co , a credit card issuer and processing network, reported a steeper-than-expected 38 percent drop in quarterly profit as it set aside more money to cover credit losses and its shares fell ... ... Source: www.topix.com --- 38 minutes ago
Christopher Brendler - " Stifel Nicolaus & Co. Robert Napoli - " Piper Jaffray David Hochstim - " Bear Stearns Sanjay Sakhrani - " Keefe, Bruyette & Woods Brad Ball - " Citigroup [Unidentified Analyst] Mike ... ... Source: www.simon-law.com --- 17 hours ago
Every once in a while, someone sends you something that makes you smile. Or laugh. Often it’s a silly clip on YouTube, but this one was a plan, old-fashioned, beautifully crafted, TV ad. So, thank you Hashem! Click here if the embedded version doesn’t work. ... Source: mobile.reuters.com --- 1 day ago
NEW YORK (Reuters) - Stocks rose more than 1 percent on Tuesday as oil prices slid over $3 a barrel, taking the edge off a raft of disappointing earnings from American Express and others as well as a weak outlook from iPod maker Apple. ... Source: www.marketwatch.com --- 3 hours ago
U.S. stocks scale back early losses Tuesday as the price of crude dips more than $4 a barrel, countering earnings results and guidance from American Express Co., Apple Inc. and Wachovia Corp. that intensified worries about the economy. ... Source: www.marketwatch.com --- 1 day ago
Weak outlooks from a raft of companies, including Apple Inc., American Express, Texas Instruments and Vodafone Group, sent stock futures lower Tuesday morning. ... Source: www.flyertalk.com --- 53 minutes ago
I am not quite sure if this is the best place to post this question. I will be renting a Hertz car in LAS soon and I was wondering which type of credit card offers the best accident coverage... VISA, MC or American Express. I talked to my insurance agent and he said not to pay the extra for the accident insurance (@$22.00 per day) I will be driving alone and those LAS drivers are crazy. Any suggestions. ... Source: www.mediabistro.com --- 1 day ago
Show (6-9amET) Network A25-54 Total Viewers Fox & Friends FNC 224,000 782,000 American Morning CNN 165,000 463,000 Morning Express HLN 101,000 217,000 Squawk Box CNBC 87,000 209,000 Morning Joe MSNBC 77,000 255,000 New Career Opportunities Daily: The best jobs in media ... Find more results for American Express on RSSMicro.com |
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AP - In a sign that even wealthier consumers are feeling the pinch of the credit crisis, American Express Co. said its second-quarter profit tumbled as it set aside more money to cover souring loans across all its portfolios. ...