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Stock Market & Financial Investment News

News Breaks
January 23, 2013
07:32 EDTADS, AXPAlliance Data's Canadian business signs agreement with Amex Bank of Canada
Alliance Data announced that its Canadian loyalty business renewed a multi-year agreement with Amex Bank of Canada, a wholly owned subsidiary of American Express Travel Related Services, an operating unit of the American Express.
News For ADS;AXP From The Last 14 Days
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September 30, 2014
10:22 EDTAXPeBay advances after announcing PayPal spin off
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07:36 EDTADSTelsey Advisory to hold a conference
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07:12 EDTAXPAmerican Express names Neal Sample as president, Enterprise Growth
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07:03 EDTAXPeBay says Dan Schulman to lead PayPal
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07:02 EDTAXPeBay says Devin Wenig to become CEO of new eBay company
Devin Wenig, currently president of eBay Marketplaces, will become CEO of the new eBay (EBAY) company. As CEO of eBay, Wenig will lead the eBay Marketplaces and eBay Enterprise businesses. Revenue over the last twelve months1 for these two businesses grew approximately 10% year-over-year to $9.9 billion, with eBay Marketplaces accounting for about $8.7 billion. eBay Marketplaces and eBay Enterprise collectively handled approximately $85 billion of gross merchandise volume and gross merchandise sales, which grew 13 percent year over year. Scott Schenkel, currently the CFO of eBay Marketplaces will become the CFO of the new eBay company. Concurrent with the announcement of the business separation plan, the company also today announced the appointment of Dan Schulman to be President of PayPal, effective immediately, and CEO-designee of the standalone PayPal company following separation. Schulman joins PayPal from American Express (AXP), where he was president of the company’s Enterprise Growth Group. A seasoned leader in multiple industries, Schulman has held senior executive and CEO roles at AT&T, Priceline and Virgin Mobile, prior to joining American Express. Goldman, Sachs & Co. and Allen & Company LLC are serving as financial advisors and Wachtell, Lipton, Rosen and Katz is serving as legal counsel to eBay Inc.
September 29, 2014
07:25 EDTAXPOracle to hold a conference
Open World 2014 to be held in San Francisco on September 28-October 2.
September 25, 2014
09:53 EDTADSAlliance Data management to meet with JMP Securitries
Meetings to be held in Boston September 1-2 hosted by JMP Securities.
08:00 EDTAXPBuy American Express and Bank of America into earnings, says Morgan Stanley
Morgan Stanley says to buy American Express (AXP) and Bank of America (BAC) going into Q3 earnings. The firm expects American Express to report accelerated credit card spending growth and views valuation as compelling and views Bank of America is a play on rising rates and improving expenses.
September 19, 2014
06:06 EDTADSAlliance Data management to meet with SunTrust
Meetings to be held in New York September 23-24 hosted by SunTrust.
September 18, 2014
14:31 EDTAXPCapital One said to bump Amex as Costco Canada card issuer, Bloomberg says
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14:14 EDTAXPCapital One said to replace American Express as Costco Canada card issuer
MasterCard said to be processor for new Costco Canada cards. Reported by Bloomberg.
11:53 EDTAXPCostco to stop accepting Amex cards in Canada on Jan 1, 2015 Globe and Mail says
Costco (COST) said it will not renew its credit card relationship with American Express (AXP) when it expires on December 31 of this year. Therefore, it will not accept Amex cards in Canada beginning January 1, 2015, The Globe and Mail reports. Reference Link
September 16, 2014
07:34 EDTADSAlliance Data unit signs multi-year agreement with Sephora
Epsilon, an Alliance Data company, has signed a multi-year agreement with Sephora. Epsilon will provide targeted email marketing services focused on driving sales and creating a more personalized experience for customers across Sephora's omnichannel marketing platforms. Under the terms of the multi-year agreement, Epsilon will provide a full suite of permission-based email marketing services including account and campaign management, strategy and email delivery.

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