|Bid||109.70 x 800|
|Ask||109.72 x 900|
|Day's Range||108.96 - 109.81|
|52 Week Range||87.54 - 110.24|
|PE Ratio (TTM)||28.95|
|Earnings Date||Oct 16, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||1.40 (1.28%)|
|1y Target Est||111.80|
Credit card companies and a number of U.S. banks agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over fees. Angela Moore reports.
Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in afternoon trading.
When it comes to finding the best savings account, a good place to start is with reputable, established companies like American Express. Although well-known for its line of credit cards, American Express Bank also offers a variety of financial services for individuals and businesses, including a high-yield savings account.
Mastercard has been a clear winner this year, rising more than 43% since the start of 2018. Goldman Sachs believes that the stock’s run isn’t done.
Stephens analyst Vincent Caintic raised his rating on shares of American Express Co. to overweight from equal weight on Monday. Caintic is more upbeat about the company's revenue potential due to his belief that the company is "successfully monetizing card network by increasing merchant engagement to drive higher billed business volumes." He also likes the company's "offers" business, which he expects will help get more customers to spend up on their cards "without also driving significantly higher rewards costs." He doesn't think that earnings growth will track revenue growth given the likelihood that American Express will make technology investments in the short term. Caintic increased his price target to $131 from $109. American Express shares are down 0.4% in Monday's session, though they're up 25% over the past 12 months. The Dow Jones Industrial Average , of which American Express is a component, has gained 17% in that time.
For the quarter ended June 30, 2018, the net asset value ("NAV") per Class AAA Share of The Gabelli Asset Fund increased 2.1% compared with an increase of 3.4% for the Standard & Poor's ("S&P") 500 Index. Discovery Communications (0.8%) (+31%) appreciated in part because it is increasingly viewed as an alternate takeover target for Comcast and because of increased synergies from its own acquisition of Scripps Networks.
Other catalysts encouraging investors include a relatively tame August inflation report and little in the way of surprises from policy updates by the European Central Bank and the Bank of England. As a result, a number of Dow Jones Industrial Average companies are perking up in a big way. Apple (NASDAQ:AAPL) shares are continuing to rally off of their 20-day moving average in a possible retest of the early September record high.
, it has been a mixed bag for financial stocks. In full, that index of 67 financial stocks that includes commercial banks, investment banks and credit card companies, is up less than 2%, lagging behind all the major stock market indices.
A healthy job market and steady growth in wages have led to an increase in consumers’ disposable income and spending power. According to the U.S. Bureau of Labor Statistics, the unemployment rate in August was 3.9%. The current unemployment rate is hovering around 3.7%, its lowest level since the 1960s.
NEW YORK , Sept. 12, 2018 /PRNewswire/ -- American Express Company (AXP) Lifshitz & Miller announces investigation into possible securities laws violations in connection with the FBI probing pricing practices ...
COMPANY EXTENDS COMMITMENT TO COMBATING OCEAN POLLUTION WITH $250,000 GRANT TO THE ORGANIZATION IN SUPPORT OF ITS 33RD ANNUAL INTERNATIONAL COASTAL CLEANUP
Mastercard (MA) has made a remarkable run over the last one-and-a-half years. The stock traded at ~$103.00 at the beginning of 2017, and it currently trades at ~$211.00—almost double its stock price in that timeframe. The stock is currently trading near its 52-week high of $217.35, which it attained on September 4.
The American Express Centurion, or Black Card, supposedly helps cardholders buy anything they desire, no matter how inaccessible.
"I spent so much American Express thought my credit card was stolen," says Shaq, who claims his is the largest purchase in Walmart history.
The largest Insider Buys this week were for American Express Co. (AXP), Schlumberger Ltd. (SLB), Allergan PLC (AGN) and Keurig Dr Pepper Inc.
NEW YORK, Sept. 07, 2018-- Bragar Eagel & Squire, P.C. reminds investors that the Firm is investigating potential claims against certain officers and directors of American Express Company.. On September ...