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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:07 EDTKSS, COFKohl's says extended credit card agreement with Capital One for five years
Kohl's (KSS) extended its current credit card agreement with Capital One (COF) for an additional five years until March 31, 2023.
News For KSS;COF From The Last 14 Days
Check below for free stories on KSS;COF the last two weeks.
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September 18, 2014
14:31 EDTCOFCapital One said to bump Amex as Costco Canada card issuer, Bloomberg says
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14:14 EDTCOFCapital One said to replace American Express as Costco Canada card issuer
MasterCard said to be processor for new Costco Canada cards. Reported by Bloomberg.
10:00 EDTKSSOn The Fly: Analyst Upgrade Summary
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06:12 EDTKSSKohl's upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Kohl's to Buy on expectations the company's comp store sales and margins will improve due to better product assortment, loyalty program leverage and inventory management. Citi raised its price target for shares to $70 from $63.
September 17, 2014
09:01 EDTKSSKohl's to hire over 67K associates this holiday season
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September 16, 2014
10:22 EDTCOFBanks set for ad battle to be default choice for Apple Pay, Apple Insider says
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September 15, 2014
06:07 EDTCOFCapital One reports August charge-off rate 2.81% vs. 2.88% last month
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September 12, 2014
07:41 EDTCOFBank lending grew in quarter, with Capital One leading pack, WSJ reports
Total loans outstanding at U.S. banks and thrifts grew by $178.5B in the second quarter, with Capital One Financial (COF) leading the big banks by growing its loans at an annualized rate of 12.5%, according to SNL Financial data, reported The Wall Street Journal. SNL said 14 of the 15 largest U.S. banks increased their lending, with only Bank of America (BAC) issuing fewer loans than the quarter before, largely attributed to a drop in U.S. closed-end residential mortgages, the report noted. Other publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:35 EDTCOFApple getting discounted card fees for Apple Pay, NY Times reports
Banks are charging Apple lower than usual credit card fees for the tech giant's new mobile payment system, according to The New York Times. The banks hope that participating in Apple Pay will enable them to process transactions that aren't currently being paid for with credit cards, the newspaper explained. The banks and credit card networks also hope to use Apple Pay to prevent technologies that don't incorporate banks from becoming popular, The Times reported. Publicly traded credit card networks include American Express (AXP), Capital One (COF), Discover (DFS), MasterCard (MA) and Visa (V). Publicly traded banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC)..Reference Link
September 10, 2014
11:43 EDTKSSLand's End soars after better than expected Q2 results
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07:01 EDTKSSKohl's announces Juicy Couture now available at stores nationwide
Kohlís announced that Juicy Couture is now available at Kohlís stores nationwide and Kohls.com/JuicyCouture. Kohlís is supporting the launch of Juicy Couture with a marketing campaign that includes a new partnership with Refinery29. For the first time, Kohlís is engaging the influential and popular online lifestyle destination to partner with key trend-setting bloggers and to host celebratory events. There will also be print, broadcast and digital advertising and social initiatives.
September 9, 2014
15:38 EDTCOFCapital One Financial working with Apple's new payment service, Apple Pay
Capital One Financial (COF) announced that it is working with Appleís (AAPL) new payment service, Apple Pay, available on the new iPhone 6, iPhone 6 Plus and Apple Watch beginning in October. Apple Pay adds a new dimension to mobile payments. With Apple Pay, Capital One customers will be able to use their credit or debit cards directly from their iPhone 6, iPhone 6 Plus and Apple Watch to pay for purchases at many of their favorite stores. To pay, customers just need to hold their iPhone 6 near the contactless reader with their finger on Touch ID and payment is made. In addition, Apple Pay will also allow users to pay for a variety of online purchases in apps.
14:54 EDTCOFApple announces Apple Pay
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