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Stock Market & Financial Investment News

News Breaks
February 10, 2014
07:49 EDTAXPAmerican Express upgraded at Morgan Stanley
As previously reported, Morgan Stanley upgraded American Express to Overweight from Equal Weight. The firm believes the OptBlue small merchant program will make it easier for merchants to accept Amex cards which will significantly increase acceptance and result in increased wallet share. The analyst expects increased share will result in 14% EPS CAGR through 2016. Price target raised to $100 from $90.
News For AXP From The Last 14 Days
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July 29, 2014
16:07 EDTAXPAmerican Express reports Q2 global commercial services net income $561M
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16:06 EDTAXPAmerican Express reports Q2 card member spending up 9% YoY
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16:04 EDTAXPAmerican Express reports Q2 U.S. card services net income $770M, up 4% YoY
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16:03 EDTAXPAmerican Express reports Q2 EPS $1.43, consensus $1.38
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15:53 EDTAXPNotable companies reporting after market close
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14:48 EDTAXPEarnings Preview: Outlook mixed for American Express into Q2 results
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July 15, 2014
12:01 EDTAXPAmerican Express reports June net charge off rate 1.5% vs. 1.6% last month
Reports June 30 days past due loans 0.9% vs. 1.0% last month.
07:24 EDTAXPMicrosoft to hold a conference
MSFT Worldwide Partner Conference to be held in Washington, D.C. on July 13-17.

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