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Tiger Global Lost $16 Billion In 4 Months, But Held These 2 Dividend Payers
Thursday, November 17, 2022 - 12:59pm | 385As of Nov. 14, hedge funds are required to release what trades they have made over the course of the third quarter. Looking at past trades, it can still be extremely useful for investors wondering what “smart money” is doing with their investments. Chase Coleman, hedge fund manager and...
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Citi Goes Shopping For Credit Card Initiations
Thursday, April 5, 2018 - 4:50pm | 329Citi initiated coverage of four U.S. credit card companies Thursday, two of which were given bullish ratings and two given neutral ratings. The Analyst Citi's Jill Shea initiated coverage of the following companies: Capital One Financial Corp. (NYSE: COF) initiated at Buy, $115 price...
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The Risks For American Express Are Priced In, Analyst Says In Upgrade
Monday, February 12, 2018 - 2:36pm | 370Shares of American Express Company (NYSE: AXP) have lost more than 6 percent since the start of 2018. and one Wall Street analyst said the multiple risks faced by the company are discounted in the stock. The Analyst Nomura Instinet's Bill Carcache upgraded American Express Co. ...
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Free Credit Report: Deutsche Bank Likes Capital One, Downgrades Discover
Monday, May 1, 2017 - 9:57am | 608Analysts at Deutsche Bank expressed concerns over the U.S. consumer credit market, but that doesn't necessarily mean there aren't opportunities for investors looking for exposure to credit card providers. Deutsche Bank's David Ho commented in a research report Monday that consumers are still in a "...
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International Efforts Begin To Bear Fruit For American Express
Thursday, April 20, 2017 - 3:41pm | 373Ben Chittenden of Oppenheimer commented in a report that American Express Company (NYSE: AXP)'s first quarter earnings release reinforces the bullish case for owning the stock. Chittenden maintained an Outperform rating on American Express with a $93 price target. The analyst believes the...
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Pacific Crest Says Mastercard Has 'Rock-Solid Fundamentals'
Friday, July 29, 2016 - 3:59pm | 262MasterCard Incorporated (NYSE: MA) reported a top and bottom line beat in its second quarter print on Thursday, prompting Pacific Crest's Josh Beck to describe the company's fundamentals as being "rock-solid." Beck highlighted MasterCard's second quarter as being "...
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Avoid Credit Card Stocks? BofA Downgrades Visa, Mastercard, Capital One And Discover
Thursday, February 11, 2016 - 11:12am | 347In a new report, Bank of America analyst Kenneth Bruce has downgraded Visa Inc (NYSE: V), Mastercard Inc (NYSE: MA), Capital One Financial Corp. (NYSE: COF) and Discover Financial Services (NYSE: DFS) from Buy to Neutral due to the uncertain earnings outlook in the U.S. According to Bruce, each...
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MasterCard and Visa to Open Near 52-Week Highs
Friday, July 8, 2011 - 8:41am | 475MasterCard (NYSE: MA) and Visa (NYSE: V) reached new 52-week highs of $322.27 and $90.83 per share, respectively, in Thursday's trading session. MasterCard surged from $279 to $309 per share at the end of June, following the Federal Reserve's decision to place a higher-than-proposed cap on debit-...
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American Express and Discover Hit 52-Week Highs Again
Thursday, July 7, 2011 - 1:05pm | 469American Express (NYSE: AXP) and Discover (NYSE: DFS) reached new multiyear highs of $53.69 and $27.92 per share, respectively, Thursday morning. American Express recently launched a free tool designed to help small businesses monitor social media and also said members could use reward points to...