- American City Business Journals•yesterday
Costco Wholesale said its members have opened 1 million credit card accounts since the launch of the new co-branded Visa cards in June. Costco reported 730,000 sign-ups for the new cards in September . The most recent numbers highlight the fact that many of the "initial hiccups" related to the transition are now behind the company, UBS analyst Michael Lasser wrote in a research note .
- Consumer Reports•yesterday
There's one piece of plastic that might actually help you become a more disciplined spender: a charge card. Unlike a credit card, which lets you make a minimum payment each month and then pay in...
- Barrons.com•2 days ago
Shares of American Express (AXP) have surged 42% during the past 10 months--and Instinet's Bill Carcache and Yuman Lui recommend taking profits now: Owing to our Reduce rating on American Express, we've been frequently asked by investors why we have a cautious view given that our estimates are in line with consensus. In short, we believe American Express’s expense levers give it a finite amount of time, but we expect the degradation in the efficacy of its investment spending to persist and don't expect the market to wait until American Express's expense leverage is gone to de-rate shares. Carcache and Lui recommend using Trump tailwinds to rotate out of American Express and into Synchrony Financial (SYF) and Discover Financial Services (DFS).
AXP : Summary for American Express Company Common - Yahoo Finance
American Express Company (AXP)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||74.51 x 400|
|Ask||74.89 x 400|
|Day's Range||74.29 - 74.91|
|52 Week Range||50.27 - 75.20|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||13.29|
|Dividend & Yield||1.28 (1.77%)|
|1y Target Est||N/A|