Though acknowledging “mixed signals” in the economy, American Express Co. once again cited strong spending trends as the financial services giant posted better-than-expected earnings for its latest quarter. The company Read more
Tag: American Express Co.
American Express says spending remains strong as earnings top expectations
Though acknowledging “mixed signals” in the economy, American Express Co. once again cited strong spending trends as the financial services giant posted better-than-expected earnings for its latest quarter. The company Read more
Amex stock downgraded at Citi as recession fears loom
American Express Co. caters to more affluent consumers, and the company has been upbeat in recent months about the way its business has held up amid challenging economic conditions. But Read more
5 trends you need to follow this earnings season to make sure your investments are on track
The third-quarter earning season kicks off this week with the first reports from big banks and investors can expect many of the same themes and talking points seen earlier this Read more
5 trends you need to follow this earnings season to make sure your investments are on track
The third-quarter earning season kicks off this week with the first reports from big banks and investors can expect many of the same themes and talking points seen earlier this Read more
Airlines enter earnings season wrestling with fuel prices, hiring challenges
The earnings season for the U.S. airline industry is about to start. So what can we expect? Cowen analyst Helane Becker says that the airline industry is still wrestling with Read more
5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far Read more
5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far Read more
The macro storm is impacting consumers very differently: ‘A little bit of a tale of two cities’
The macroeconomic storm is playing out as a tale of two consumers, if recent earnings reports are any indication. While various consumer-oriented companies have indicated pressures on lower-end buyers that Read more
Amex shrugs off macro fears with huge earnings beat powered by strong spending
Shrugging off concerns about consumer spending habits in shaky economic times, American Express Co. posted a massive revenue beat Friday and boosted its outlook for the full year. The company Read more