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Stock Market & Financial Investment News

News Breaks
October 8, 2012
08:17 EDTGDOT, WMT, AXP, NTSPGreen Dot drops after AmEx, Wal-Mart reach card deal
Shares of Green Dot (GDOT) are down sharply in pre-market trading after American Express (AXP) entered the prepaid card market via a partnership with Wal-Mart (WMT). American Express and Wal-Mart announced this morning the launch of prepaid card Bluebird in more than 4,000 Walmart stores. Green Dot, a provider of prepaid debit cards, is seeing its stock fall with American Express emerging as a competitor. Shares of Green Dot are down 15.8%, or $2.03, to $10.82 in pre-market trading, while another prepaid card provider, NetSpend (NTSP), is down 2.3% to $10.50.
News For GDOT;AXP;WMT;NTSP From The Last 14 Days
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February 12, 2016
17:17 EDTAXPKoss Corp. awarded $3M from settlement of claims against American Express
Koss Corporation (KOSS) has settled the claims between Koss and American Express (AXP) in the lawsuit pending in the Superior Court of Maricopa County, Arizona. Pursuant to the settlement agreement, Koss is to receive gross proceeds of $3M and the net amount will reflect an offset for certain expenses relating to attorneys' fees and costs.
07:24 EDTAXPCredit card stocks discounting unlikely recession, says Wells Fargo
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February 11, 2016
13:30 EDTGDOTGreen Dot jumps after report says exploring alternatives
The move higher in shares of Green Dot is being attributed to a dealReporter story about the company exploring strategic alternatives. According to sources, dealReporter said Green Dot is in the early stages of exploring alternatives after coming under activist pressure from Harvest Capital. Shares of the prepaid debit cards provider are up 4%, or 68c, to $18.46 in midday trading.
13:22 EDTGDOTGreen Dot strength attributed to report of exploring sale
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09:36 EDTAXPActive equity options trading on open
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February 9, 2016
07:02 EDTAXPAmerican Express price target lowered to $66 from $90 at Deutsche Bank
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05:55 EDTAXPPiper's Munster sees PayPal product differentiation being reduced
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February 5, 2016
06:23 EDTAXP20 companies make alliance to keep down healthcare costs, WSJ says
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February 4, 2016
07:07 EDTAXPHMG Strategy is holding a summit
2016 Phoenix CIO Executive Leadership Summit is being held in Scottsdale, AZ on February 4.
06:14 EDTWMTWalmart sues Puerto Rico over tax increase, NY Times says
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February 3, 2016
20:02 EDTWMTWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
February 1, 2016
08:08 EDTWMTMoneyGram, Wal-Mart announce new three-year agreement
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