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Stock Market & Financial Investment News

News Breaks
October 12, 2012
10:31 EDTAXPAmerican Express volatility low into Q3 and revenue growth outlook
American Express October call option implied volatility is at 20, November is at 18, January is at 19; compared to its 26-week average of 22 according to Track Data, suggesting decreasing price movement into the expected release of Q3 results on October 17.
News For AXP From The Last 14 Days
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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
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 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

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