Tag Archives: American Express Company (AXP)

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American Express Company (AXP) Announces 4,000 Job Cuts Amid Increased Spending in Fourth Quarter 2014 Financial Results

American Express Company (AXP) Announces 4,000 Job Cuts Amid Increased Spending in Fourth Quarter 2014 Financial Results

The shares of American Express Company (NYSE:AXP) slid nearly 2 percent in the after-hours trading post the announcement of fourth quarter 2014 financial results. Despite of an increase in revenue and net income, the investors seemed worried about the increasing expenses in addition to heightened growth expectations from the card issuer company. The credit card

Johnson & Johnson (JNJ)

Johnson & Johnson (NYSE:JNJ), Apple Inc. (NASDAQ:AAPL), American Express Company (NYSE:AXP): Top 3 Stock Holdings of Fisher Asset Management

Ken Fisher is the brain behind Fisher Asset Management and the recent SEC 13F filing of the investment manager indicates primary investments in Johnson & Johnson (NYSE:JNJ), Apple Inc. (NASDAQ:AAPL), American Express Company (NYSE:AXP). Fisher Asset Management came into existence in 1979 and it has offered quality investment advice ever since its inception. Johnson &

Costco Wholesale Corporation (COST)

Costco Wholesale Corporation (COST) Might Devolve Partnership With American Express Company (AXP) In U.S.

What might sound as another distressing news for American Express Company (NYSE:AXP), Costco Wholesale Corporation (NASDAQ:COST) might go for a new U.S. card issuer for its retail stores. Earlier, the retailer ended its partnership with the credit card issuer in its Canadian stores. According to the recent news, the retailer is looking for a new

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American Express Company (AXP) Is Observing Acceleration In Its Volumes, Reported 8% Increase in Third Quarter Profit

American Express Company (NYSE:AXP) has posted 8.1% rise in its 2014 third quarter profit, compared to last year. The profit is attributed to higher spending by card holders during the period, something attributed to a stronger U.S. economy. The company reported a net profit of $1.48 billion, or $1.40 per share, beating the $1.37 billion,

Costco Wholesale Corporation (COST)

Costco Wholesale Corporation (COST) to Stop Accepting American Express Company (AXP)’s Cards in Canada

Costco Wholesale Corporation (NASDAQ:COST) announced today that it will stop accepting cards issued by American Express Company (NYSE:AXP) in Canada starting January 1. The two long-term partners couldn’t come to an agreement after several negotiation efforts. Costco Wholesale Corporation (NASDAQ:COST) Canada’s VP of marketing and membership, Lorelle Gilpin, said, “The credit card relationship between American

Visa Inc (V)

Visa Inc (V), Mastercard Inc (MA) and American Express Company (AXP) Might Benefit From Apple Pay

The release of Apple Inc’s iPhone 6 variations on September 9th is expected to drastically change how people shop. This is because Apple Inc. released a new payment method called Apple Pay, which is expected to substantially reduce the use of plastic cards issued by Visa Inc (NYSE:V), Mastercard Inc (NYSE:MA), American Express Company (NYSE:AXP),

Apple (AAPL)

Apple Inc. (AAPL) Said to Introduce Mobile Wallet in iPhone 6 by partnering with Visa Inc (V), Mastercard Inc (MA), and American Express Company (AXP)

The long awaited launch of iPhone 6 set for September 9 is expected to usher in iWallet after Apple Inc. (NASDAQ:AAPL) partnered with some payment networks and banks to create a mobile wallet in the new iPhone. Top of the list are Visa Inc (NYSE:V), Mastercard Inc (NYSE:MA), and American Express Company (NYSE:AXP), which are

Wells Fargo & Co (WFC), The Coca-Cola Company (KO), American Express Company (AXP) Berkshire Hathaway Inc. (NYSE:BRK.A)’s Top Holdings

Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) filed its second quarter 2014 13F form on August 14, 2014 with some major changes in its media holdings. The overall value of the Berkshire Hataway’s 13F portfolio was $107.58 billion which is higher than $105.77 billion in the previous quarter of 2014. Charter Communications, Inc. (NASDAQ:CHTR), the cable TV

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