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Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:10 EDTGDOT, AXP, CVSGreen Dot partner CVS may soon offer AmEx prepaid cards, says Jefferies
Jefferies said its channel checks indicate CVS Caremark (CVS), one of Green Dot's (GDOT) largest distribution partners, may offer as soon as next week American Express' (AXP) new prepaid cards. The firm believes the potential loss of share at CVS could represent incremental headline risk for Green Dot and lowered its price target for Green Dot shares to $13 from $17. Jefferies also dropped its 2012 and 2013 earnings estimates for Green Dot citing American Express' recent penetration of Green Dot's key distribution partners Wal-Mart (WMT) and CVS.
News For GDOT;CVS;AXP From The Last 14 Days
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August 19, 2014
10:13 EDTAXPOn The Fly: Analyst Upgrade Summary
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07:48 EDTAXPAmerican Express upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded American Express to Neutral based on valuation. Price target remains $91.
August 18, 2014
08:31 EDTCVSCVS Caremark's Accordant Health receives NCQA accreditation
CVS Caremark announced that its Accordant Health Services division has received full NCQA Patient and Practitioner Oriented Disease Management accreditation for programs to support: Epilepsy, Rheumatoid Arthritis, Multiple Sclerosis, Crohn's Disease, Ulcerative Colitis, Parkinson's Disease, Systemic Lupus Erythematosus, Myasthenia Gravis, Sickle Cell Disease, Cystic Fibrosis, Hemophilia, Scleroderma, Polymyositis, Chronic Inflammatory Demyelinating Polyradiculoneuropathy, Amyotrophic Lateral Sclerosis, Dermatomyositis, and Gaucher Disease.
August 15, 2014
12:07 EDTAXPAmerican Express reports July net write-off rate 1.5% vs. 1.5% last month
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August 14, 2014
13:01 EDTGDOTGreen Dot management to meet with Jefferies
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