111.11 0.00 (0.00%)
After hours: 4:48PM EDT
|Bid||110.94 x 800|
|Ask||0.00 x 1100|
|Day's Range||110.65 - 111.77|
|52 Week Range||87.54 - 111.77|
|PE Ratio (TTM)||29.32|
|Earnings Date||Oct 16, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||1.40 (1.28%)|
|1y Target Est||113.16|
American Express Company plans to host a live audio webcast of its earnings conference call at 5:00 p.m. on Thursday, October 18, 2018 to discuss third quarter 2018 financial results.
Moody's Investors Service ("Moody's") announced today that the Amendments to the subordinated Classes 2014-2 B1, C1 and D1 Notes executed on or around 20 September 2018 by Penarth Master Issuer plc (the "Issuer") will not, in and of themselves and at this time, result in a reduction or withdrawal of the current ratings of the issuers' Notes. Moody's has analyzed the following amendments to the subordinated 2014-2 B1, C1 and D1 Notes: (i) extension of the expected maturity date to September 2025 and the final legal maturity date to September 2027 for Classes B1 and C1, extension of the expected maturity date to September 2028 and the final legal maturity date to September 2030 for Class D1, (ii) the increase in the Accumulation Period for the notes to up to 12 months prior to the Scheduled Maturity Date, (iii) the deletion of the funding requirement for the accumulation reserve account for the B1, C1 and D1 Notes, and (iv) the amendment of the margins for the B1, C1 and D1 Notes (the "Amendments").
Well, I mentioned that she needed to realize that short-term investments — say with periods of one to three years — are at risk of losing their principal. After all, in a few days, the stock market can easily lose 10% or more! The good news is that with interest rates increasing, there are more opportunities to snag higher returns from short-term investments — while also minimizing risks.
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.
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.