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January 11, 2012
10:55 EDTACAS, ACAS, ACAS, SLRC, SLRC, SLRC, PNNT, PNNT, PNNT, DFS, DFS, DFS, COF, COF, COF, BOX, BOX, BOX, BKCC, BKCC, BKCC, AXP, AXP, AXP, ARCC, ARCC, ARCC, AMTG, AMTG, AMTG, AINV, AINV, AINV, TAL, TAL, TAL JP Morgan's consumer finance analyst holds an analyst/industry conference call
Consumer Finance & Capital Markets Analyst Shane provides an industry update and outlook for 2012 on an Analyst/Industry conference call. Relevant covered companies ACAS, AINV, AMTG, ARCC, AXP, BKCC, BOX, COF, DFS, PNNT, SLRC and TAL may be discussed on the Analyst/Industry conference call to be discussed on the Analyst/Industry conference call to be held on January 17 at 11 am hosted by JP Morgan.
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May 27, 2015
10:01 EDTBOXBox, Inc. selected by DOJ to enable enterprise file sharing
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May 21, 2015
14:52 EDTCOFCapital One upgraded to Buy by Rafferty's Bove
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14:47 EDTCOFCapital One upgraded to Buy from Hold at Rafferty Capital
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06:44 EDTBKCCBlackRock Capital downgraded to Underperform from Neutral at BofA/Merrill
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06:00 EDTCOFCapital One removed from Priority Stock List at Wells Fargo
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May 20, 2015
10:01 EDTDFSDiners Club and ABank announce new card-issuing agreement in Turkey
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May 19, 2015
07:33 EDTAINVApollo Investment reports Q4 NII 22c, consensus 22c
Net asset value per share at the end of the quarter was $8.18, compared to $8.43 at December 31, 2014, a decline of 3%. CEO James Zelter said, “During our fiscal year, we continued to make progress on many of our objectives including repositioning the portfolio into more secured debt, while slightly improving the overall portfolio yield. Although we experienced net unrealized depreciation during the quarter, we believe the credit quality of our portfolio remains strong. In addition, we believe that we can continue to rotate out of lower yielding assets and into attractive higher yielding assets, as there continues to be a shortage of available homes for illiquid investments.”
07:32 EDTAXPPacific Crest shifts preference to MasterCard, upgrades to buy
Pacific Crest analyst Josh Beck shifted his preference to MasterCard (MA) from Visa (V) and upgraded the stock to Overweight from Sector Weight. Beck believes interchange legislation in Europe may have an unintended consequence of benefiting global open-loop payment networks, favoring both MasterCard and Visa. The changes are also positive for eBay's (EBAY) PayPal and mixed for American Express (AXP), Beck tells investors today in a research note. He points out his preference for MasterCard relative to Visa follows the latter company's outperformance over the past year. Beck has a $110 price target for MasterCard shares. The stock closed yesterday down 14c to $93.08.
07:13 EDTDFSBarclays to hold a conference
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May 18, 2015
16:13 EDTAINVLittlejohn to acquire PlayPower from Apollo Investment
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15:00 EDTAINVNotable companies reporting before tomorrow's open
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12:09 EDTAXPAmerican Express management to meet with Guggenheim
Meeting to be held in New York on May 20 hosted by Guggenheim.
07:46 EDTAXPAmerican Express has $850M revenue opportunity with Plenti, says Deutsche Bank
Deutsche Bank estimates the coalition loyalty/rewards program Plenti represents a $750M-$850M annual revenue opportunity for American Express (AXP) over the next 3-5 years. Earnings accretion will take time, but returns on equity are likely "very high," Deutsche says in a research note. The firm believes Plenti is an example of how Amex is leveraging its strengths to mitigate the loss of Costco (COST). It thinks Plenti's next program supplier needs to be a grocery chain, and pegs Whole Foods (WFM) as a good candidate. Deutsche keeps a Buy rating on American Express with a $90 price target.
May 15, 2015
12:03 EDTAXPAmerican Express reports April net write-off rate 1.5% vs. 1.5% last month
Reports April 30 days past due loans 0.9% vs. 1.0% last month.
08:28 EDTDFSDiscover reports April net charge-offs 1.7% vs. 1.71% last month
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06:05 EDTCOFCapital One reports April net charge-off rate 3.66% vs. 3.63% last month
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May 13, 2015
07:29 EDTACASUBS to hold a conference
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07:21 EDTBOXCredit Suisse to hold a conference
4th Annual Disruptive Technology Conference is being held in San Francisco on May 13-14 with webcasted company presentations to begin on May 13 at 10:35 am; not all company presentations may be webcasted. Webcast Link

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