Oppenheimer Remains Sidelined on American Express (AXP) Following 2Q Report

Pre-Open Stock Movers 07/21: (RLYP) (JOY) (URI) Higher; (SCSS) (LOV) (INTC) Lower (more...)

July 21, 2016 9:29 AM EDT

Today's Pre-Open Stock Movers

Relypsa, Inc. (Nasdaq: RLYP) 59% HIGHER; Galenica Group and Relypsa, Inc. (Nasdaq:... More

Jefferies Remains Sidelined on American Express (AXP) Following 2Q Report

July 21, 2016 8:58 AM EDT

Jefferies reiterated a Hold rating and $60.00 price target on American Express (NYSE: AXP) following the company's 2Q earnings report. AXP reported adjusted EPS of $1.49 versus estimates of $1.10.

Analyst John Hecht commented, "AXP reported 2Q16 GAAP EPS of $2.10, modestly higher than consensus. When... More

Intel, transports sap Wall Street's strength

July 21, 2016 7:12 AM EDT

By Lewis Krauskopf

(Reuters) - Wall Street cooled off on Thursday as disappointing quarterly reports from tech stalwart Intel and from transportation companies stalled momentum in a U.S. corporate earnings season that has been better than feared.

The S&P 500 and Dow industrials pulled back from record highs and the Dow snapped a nine-session streak of gains.

Southwest Airlines (NYSE: LUV) fell 11.2 percent and led other airline stocks lower after the company forecast a drop in a key profitability metric. Union Pacific (NYSE:... More

After-Hours Stock Movers 07/20: (URI) (EBAY) (QCOM) Higher; (SCSS) (BDC) (INTC) Lower (more...)

July 20, 2016 5:55 PM EDT

Today's After-Hours Movers

Select Comfort Corp (NASDAQ: SCSS) 10.6% LOWER; reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $277 million versus the consensus estimate of $283.55 million. The company reiterates its outlook for 2016 earnings per diluted share of $1.25 to $1.45.

United Rentals (NYSE: URI) 8.8% HIGHER; reported Q2 EPS of $2.06, $0.24 better than the analyst estimate of $1.82. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.4 billion.

eBay (NASDAQ:... More

AmEx profit beats estimates on strength in overseas market

July 20, 2016 4:22 PM EDT

(Reuters) - Credit card issuer American Express Co (NYSE: AXP) reported a better-than-expected quarterly profit, driven by strength in its international business. Net income attributable to common shareholders rose to $2.02 billion, or $2.10 per share, for the second quarter ended June 30 from $1.47 billion, or $1.42 per share, a year earlier.

However,... More

American Express (AXP) Tops Q2 EPS by 15c

July 20, 2016 4:04 PM EDT

American Express (NYSE: AXP) reported Q2 EPS of $2.10, $0.15 better than the analyst estimate of $1.95. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.4 billion.

The effective tax rate for the quarter was 33 percent, down from 34 percent a year ago.

The companys return on average equity (ROE) was 26.4 percent, down from 28.1 percent a year ago.

Operating results were solid this quarter and consistent with the financial outlook we provided earlier in the year, said Kenneth I. Chenault, chairman and chief executive officer. We are making good progress on our... More

American Express (AXP) Looks to 10-Day Win Streak Ahead of Q2 Print

July 19, 2016 3:24 PM EDT

American Express (NYSE: AXP) is looking to close positive for the 10th-straight session. Shares are fractionally higher to $64 and are up 8.2% since the July 5th close. The company reports Q2 results tomorrow 7/20.

... More

Trading Radar for 7/20: Intel (INTC), Morgan Stanley (MS), Qualcomm (QCOM), AmEx (AXP), Halliburton (HAL), F5 Networks (FFIV) Report

July 19, 2016 2:09 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

ASML Holdings (Nasdaq: ASML) - consensus EPS $0.87
Abbott (NYSE: ABT) - consensus EPS $0.53
Amphenol (NYSE: APH) - consensus EPS $0.63
Asanko Gold, Inc. (NYSE: AKG) - consensus EPS $0.00
BankUnited (NYSE: BKU) - consensus EPS $0.51
Canadian Pacific Railway (NYSE: CP) -... More

American Express (AXP) July weekly volatility elevated at 48 into Q2 and outlook

July 19, 2016 6:58 AM EDT

American Express (NYSE: AXP) July weekly call option implied volatility is at 48, August is at 24; compared to its 52-week range of 15 to 34 into the expected release of Q2 on July 20.

... More