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American Express Employees Boosted Card Sales By Misleading, Coercing Business Owners: Report
Monday, March 2, 2020 - 12:49am | 449The American Express Company (NYSE: AXP) employees used illegal tactics on small business owners to boost card sales, the Wall Street Journal reported Sunday. What Happened The salesperson gave false information about the associated annual fees and rewards to the clients to get them to sign up for...
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A Brewing Battle: Apple Pay Vs. MCX CurrentC
Monday, October 27, 2014 - 2:41pm | 669News broke over the weekend that Rite Aid Corporation (NYSE: RAD) and CVS Corporation (NYSE: CVS) had disabled Apple Inc.’s (NASDAQ: AAPL) Apple Pay mobile wallet payment system in their stores. The story behind the story told of a mobile payment battle involving Apple, a number of...
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Piper Jaffray Raises PT On American Express To $64
Thursday, April 21, 2011 - 6:19am | 27Piper Jaffray has raised the price target on American Express (NYSE: AXP) from $63 to $64 and maintains its Overweight rating.
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Jeffries & Company Issues Opinion On "Truth in Lending Act"
Thursday, March 4, 2010 - 10:06am | 232Jeffries & Company analysts Richard B. Shane Jr., Jonathan M. Philpot and Roman Leal wrote an opinion on the "Truth in Lending Act". They said that the proposal balances protecting consumers with credit card issuer's profitability. They were initially concerned that because of the current...
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Financial Stocks Fall (C) (JPM) (AXP) (BAC)
Monday, February 8, 2010 - 5:57pm | 138Share prices of financial stocks took a beating on Monday as fears about interest rate policy and the condition of the global economy took their toll on investor confidence. Financial firms across the board had down days with firms like Citigroup, Inc. (NYSE: C) falling over 2%, JPMorgan Chase...