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Stock Market & Financial Investment News

News Breaks
July 31, 2014
08:51 EDTMA, V, AXPAmerican Express CEO takes stand in antitrust suit, defends practices, WSJ says
American Express (AXP) CEO Kenneth Chenault took the witness stand as part of a lawsuit that the Justice Department filed against the company in 2010 that contends that its rules for merchants inhibit competition with peers Visa (V) and MasterCard (MA), reported The Wall Street Journal, which noted that Chenault stated that the "most damaging thing that can happen to the American Express brand is when our card members are discriminated against at the point of sale" in the company's defense. Reference Link
News For AXP;V;MA From The Last 14 Days
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November 21, 2014
07:54 EDTMAMasterCard management to meet with Deutsche Bank
Meeting to be held in Frankfurt on November 21 hosted by Deutsche Bank.
November 20, 2014
10:02 EDTAXPOn The Fly: Analyst Initiation Summary
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07:30 EDTMAMasterCard management to meet with Deutsche Bank
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November 19, 2014
16:39 EDTAXPAmerican Express initiated with a Market Perform at Bernstein
10:29 EDTMAMasterCard management to meet with Deutsche Bank
Meeting to be held in Amsterdam on November 19 hosted by Deutsche Bank.
07:51 EDTMAClearing House Payments Company to hold a conference
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07:07 EDTMACitigroup to hold a conference
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November 18, 2014
12:44 EDTMAEarnings Preview: Target sees FY14 adjusted EPS view of $3.10-$3.30
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06:23 EDTVSprint names Douglas Michelman to management team, to replace Bill White
Sprint (S) announced the appointment of Douglas Michelman to Sprintís leadership team. Most recently, he spent 10 years as Chief Communications Officer at Visa (V), where he oversaw global media relations, public affairs, industry analyst relations and financial and communication strategies. Prior to Visa, Michelman served in various roles at FleishmanHillard, including regional president and senior partner. In addition to his many years of corporate experience, Michelmanís communications background also includes staff positions for two presidential campaigns. Michelman replaces Bill White, Senior Vice President of Corporate Communications and Corporate Social Responsibility, who will be leaving the company. White spent the past 32 years with Sprint. Michelman joins Sprint on Monday, Dec. 1, 2014, and will be relocating to Overland Park, Kansas.
November 17, 2014
12:03 EDTAXPAmerican Express reports October net write-off rate 1.3% vs. 1.2% last month
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09:00 EDTAXPDollar General says now accepting American Express cards
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06:07 EDTVStocks with implied volatility below IV index mean; CREE V
Stocks with implied volatility below IV index mean; Cree (CREE) 37, Visa (V) 17 according to iVolatility.
November 14, 2014
08:43 EDTVVisa price target raised to $305 from $241 at Pacific Crest
Pacific Crest increased its price target on Visa as the firm is more upbeat about the pace of the company's innovations after meeting with its Global Head of Innovation and Strategic Partnerships. The firm believes that the company's innovations lower its disintermediation risk and may boost its transaction growth and enable it to launch new value-added services. The firm keeps an Outperform rating on the shares.
November 13, 2014
10:10 EDTAXPAmerican Express CFO sees opportunity to change cardmember mindset on borrowing
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10:01 EDTAXPOn The Fly: Analyst Initiation Summary
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10:01 EDTAXPAmerican Express CFO sees high-growth rate in cash-back products
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07:38 EDTVBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
07:24 EDTVSunTrust to hold a conference
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06:05 EDTVStocks with implied volatility below IV index mean; PCLN V
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05:36 EDTAXPAmerican Express initiated with a Hold at Deutsche Bank
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