- TheStreet.com•6 hours ago
There's a lot of hype around American Express's better-than-expected third-quarter earnings, but investors should still be skeptical.
- American City Business Journals•7 hours ago
While American Express beat analysts expectations this week when it released third-quarter earnings, the company is still struggling to recover after losing its contract with Costco Wholesale that ended a 16-year partnership between the companies. "Stepping back, the sale of the Costco co-brand portfolio highlights the continuing evolution of the competitive landscape," American Express Chief Financial Officer Jeffrey Campbell said on a conference call with analysts Wednesday. This was American Express' first full quarter without the Costco co-branded credit card portfolio, which was fully transferred to Citigroup in June .
Costco Wholesale Corporation (COST.MX)
Mexico - Mexico Delayed Price. Currency in MXN
|Bid||0.00 x 300|
|Ask||3,050.00 x 100|
|Day's Range||2,776.70 - 2,782.00|
|52wk Range||2,545.00 - 3,163.40|
|1y Target Est||N/A|
|P/E Ratio (ttm)||520.96|
|Avg Vol (3m)||1,034|
|Dividend & Yield||N/A (N/A)|