|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||130.79 - 131.86|
|52 Week Range||98.46 - 131.86|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||15.89|
|Earnings Date||Jan 23, 2020|
|Forward Dividend & Yield||1.72 (1.31%)|
|Ex-Dividend Date||Dec 31, 2019|
|1y Target Est||133.57|
CreditCards.com is out with a new breakdown that matches how Americans spend according to labor statistics data, with some cards offering nice rewards bonuses. Yahoo Finance's Zack Guzman and Brian Cheung break it down with Netflix Co-founder and former CEO Marc Randolph.
Fundstrat Global Advisors Managing Partner & Head of Research Tom Lee joins On The Move to discuss his top picks of companies that will do well in the markets in 2020.
The Zacks Analyst Blog Highlights: Microsoft, American Express, Fidelity National Information Services, Goldman Sachs and Southern
American Express' (AXP) Q4 earnings are likely to have benefited from strong billings growth and accretive effect of share buyback partly offset by increase in card service costs.
Fourth-quarter earnings season continues with earnings from Netflix, IBM, Intel, Comcast, and several airlines. Plus, central bank decisions and Davos.
American Express (AXP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Qualcomm and Comcast were early leaders, while American Express led the Dow Jones today, as analyst actions helped drive stocks higher Friday.
Lead by technology and financial services names -- two of the three largest sector weights in the S&P 500 -- the major equity benchmarks ascended to fresh records Thursday as the Senate approved the U.S.-Mexico-Canada free trade agreement, one of the cornerstones of President Trump's 2016 campaign.Source: Provided by Finviz * The S&P 500 advanced 0.84% * The Dow Jones Industrial Average rallied 0.92% * The Nasdaq Composite jumped 1.06% * Mature technology stocks got in on that sector's rally today as highlighted by Cisco (NASDAQ:CSCO) leading the Dow with a gain of 2.1%In addition to the aforementioned signing of the USMCA, the White House's second trade victory this week, stocks were supported by some favorable economic data. While some brick-and-mortar retailers have recently delivered disappointing results for the holiday shopping season, the broader picture was brighter today.Total retail sales rose 0.3% last month and excluding the lagging automotive group, the increase was a more impressive 0.7%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat data point helped the likes of Home Depot (NYSE:HD) and Walmart (NYSE:WMT) join the ranks of the Dow Jones winners today and there were plenty of those, as 26 of the blue-chip index's names were in the green in late trading. Good News for TechPhase I of the U.S.-China trade deal has wide-ranging implications for a variety of sectors and industries, but many of the thorny technological issues between the two countries will need to be addressed in another round of trade talks. * 7 Great Financial Services ETFs to Buy Now for 2020 Still, there was some good news for tech investors today and it came from a company that's not a Dow member. Taiwan Semiconductor (NYSE:TSM) said its fourth-quarter revenue climbed 10.6%, though that somewhat disappointed analysts.More importantly, the company forecast first-quarter sales of $10.3 billion, above Wall Street forecasts. The company is the world's premier chip foundry firm and its revenue proclamation today explains Intel (NASDAQ:INTC) was one of the Dow winners on Thursday.Piper Sandler analyst Harsh Kumar said in a note out earlier today that "2020 appears to be a major recovery year for the semiconductor market."Apple (NASDAQ:AAPL) got in on the act because Taiwan Semiconductor management cited 5G deployment as a catalyst for higher revenue this year. Many TSM customers are Apple suppliers. Still RisingDisney (NYSE:DIS) notched another modest gain today, again proving its 2019 bullishness was no fluke. What was impressive about Disney's upside was that it was accrued against what could be deemed a challenging intraday backdrop.First, rival Comcast (NASDAQ:CMCSA) launched its Peacock streaming service, a competitor to Disney +. Second, Netflix (NASDAQ:NFLX) reports earnings next week and some analysts are saying the company will put to rest investors' concerns about rivals, such as Disney +.Netflix reports results Tuesday, Jan. 21 after the bell, an event that will almost certainly move that stock and potentially Disney as well. Earnings EvaluationWith the financial services sector keeping markets awash in earnings reports, the sector was boosted by Morgan Stanley's (NYSE:MS) update today. That's not a Dow component, but Morgan Stanley's rally was enough to keep all of the Dow's financial services members in the green today.American Express (NYSE:AXP) and Travelers (NYSE:TRV), two Dow representatives from that sector, report fourth-quarter results next week. Boeing, Believe it or NotBoeing (NYSE:BA) was again among the Dow winners despite another day of challenging headlines, something the company should be accustomed to by now. Southwest Airlines (NYSE:LUV) joined rivals in saying it will keep the 737 MAX grounded until at least June.A Department of Transportation panel said earlier today said the Federal Aviation Administration did things by the book when it signed off on the 737 MAX three years ago, but enhancements need to be made to the FAA's procedures. * 10 Cheap Stocks to Buy Under $10 Bottom Line on the Dow Jones TodayToday's bottom line actually doesn't pertain directly to the Dow or any of its constituents, but it's relevant nonetheless.Some market observers are opining that 2020 could be a banner year for small-cap stocks, a sentiment the Russell 2000 Index's Thursday breakout may have confirmed. Obviously, there aren't any small-cap names in the Dow, but if that segment of the market rallies, it would benefit other groups in the form of increased risk appetite.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Stocks to Buy Under $10 * 5 Retail Stocks Placer.ai Thinks Can Win Big in 2020 * 6 Cheap Stocks to Buy Under $7 The post Dow Jones Today: More Records as Financials, Tech Lead the Way appeared first on InvestorPlace.
With most blue-chip companies' earnings scheduled over the coming weeks and sentiments being mixed, investors should closely monitor the movement of the Dow ETF.
The Zacks Analyst Blog Highlights: SL Green Realty, American Express, Hill-Rom, Invesco and LPL Financial
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The biggest U.S. card companies just moved a step closer to gaining access to China’s $27 trillion payments market.China said it won’t take longer than 90 days to consider applications from providers of electronic-payments services such as Mastercard, Visa and American Express Co., according the text of a landmark trade agreement with the U.S. It should be an especially welcome reprieve for Mastercard and its partner NetsUnion Clearing Corp., which set up a venture in March that is still awaiting approval from the People’s Bank of China to begin operations.“China is a vital market for us,” Seth Eisen, a spokesman for Mastercard, said Wednesday in an emailed statement. “We continue to make every effort to secure the requisite license to be able to operate in China domestically. This deal is a step forward in that process.”The move shows progress in the U.S. payment networks’ battle for access to mainland China, which has been a point of contention in the trade dispute. Officials from the world’s two largest economies finalized a bevy of deals before signing off on the first phase of a sweeping trade agreement, which they have sought to cast as a major breakthrough in relations.Mastercard Chief Executive Officer Ajay Banga and Visa CEO Al Kelly were in attendance at Wednesday’s festivities at the White House for the trade deal announcement. In a statement, Visa said it sees potential to help further develop digital payments in China through the 2022 Olympics in Beijing and that it’s approaching entry into the country “with a long-term focus.”“Visa is working closely with the Chinese government, including the People’s Bank of China, throughout the application process for a bank card clearing institution license,” the company said in the statement, welcoming the signing of the trade agreement.China in June 2015 allowed foreign bank-card clearing providers to obtain licenses by setting up units or acquiring a local company, ending a monopoly by state-run China UnionPay Co. But progress has since been slow for Visa and Mastercard, the world’s largest payment networks. American Express cleared a key hurdle in early January when regulators accepted its application to start a bank-card clearing business with a Chinese partner.“We’re pleased with the progress we’re making to become the first foreign network to receive a clearing and settlement license to operate in mainland China,” Leah Gerstner, a spokeswoman for AmEx, said in a statement. “We will continue to work through the regulatory approval process through our joint venture in China.”As part of Wednesday’s agreement, the U.S. also pledged not to discriminate against China UnionPay, or CUP, or other Chinese electronic payment services.Mastercard and Visa have long complained that their delayed entrance into China means they’ll be pitting themselves against large domestic players in a market that’s seen mobile payments explode in recent years. Mobile transactions topped 190 trillion yuan ($27 trillion) in China in 2018, making it the world’s largest such market, according to iResearch. Ant Financial’s Alipay and Tencent Holdings Ltd.’s WeChat Pay are the dominant mobile payments firms.They won’t be starting from nothing. Mastercard and Visa have long worked with Chinese banks to slap their brands on cards to facilitate transactions that consumers make outside China. But Wednesday’s announcement means the networks will now have a chance to compete for those cardholders’ domestic spending as well.China had 8.2 billion bank cards in circulation at the end of September, with 90% of them debit cards.(Updates with Visa comment in sixth paragraph, AmEx comment in eighth.)\--With assistance from Jenny Surane and David Scheer.To contact Bloomberg News staff for this story: Lucille Liu in Beijing at email@example.comTo contact the editors responsible for this story: Candice Zachariahs at firstname.lastname@example.org, ;Alan Goldstein at email@example.com, Jonas Bergman, Dan ReichlFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Extending its last year's rally, Dow Jones touched 29,000 for the second time in three days, suggesting strong complacency in the market.
Dow Jones payment giant Visa has plenty of room to grow in electronic payments. Here is what the key fundamentals and technical analysis say about buying Visa stock now.
Today Nielsen Holdings plc (NYSE: NLSN) announced two significant hires that support Nielsen's plan to create two separate publicly traded companies later in the year. David Rawlinson, President of the Global Online Business at Grainger, will become the Chief Executive Officer of Nielsen's Global Connect business. Linda Zukauckas will join the company as Chief Financial Officer. Both will join effective February 3, 2020.