Visa (V), Mastercard (MA) and American Express (AXP) Hit; EU May Cap Fees
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FBR Capital Bumps Numbers on American Express (AXP) Post Q2; Sees EC Rate Cap Having Little Impact
July 18, 2013 6:57 AM EDTFBR Capital reiterated its Market Perform rating and raised its price target on American Express (NYSE: AXP) from $64 to $80 following Q2 results after the close.
"Overall we would characterize the quarter as in line with expectations, as billed business growth was better (8% vs. 6%... More
American Express (AXP) Pares Losses After Makes Statement on EU Draft Proposals
July 17, 2013 1:39 PM EDTAmerican Express Company (NYSE: AXP) stock pared losses mid-day on Wednesday after it issued the following statement based on preliminary reports characterizing the contents of the European Commission's draft proposals on payment industry regulation that is scheduled to be released next week.
*The publication of... More
Buckingham Research Downgrades American Express (AXP) to Neutral
July 17, 2013 8:49 AM EDTBuckingham Research downgraded American Express (NYSE: AXP) from Buy to Neutral.
For an analyst ratings summary and ratings history on American Express click here. For more ratings news on American Express click here.
Shares of American Express closed at $78.27 yesterday, with a 52 week range of $53.02-$78.63.... More
