Hints and tips:
...Chief among them: the airline’s long-standing credit card deal with American Express....
...When it comes to Delta Air Lines, investors should instead focus on a lucrative but often overlooked aspect of the $36bn airline’s business — its frequent flyer miles partnership with American Express....
...FirstGroup – Neutral Despite c.80% of group revenue being contracted, recent events will have stalled the equity story, icing the potential divesture of any North American businesses....
...Berkshire disclosed that its four other largest holdings remained American Express, Bank of America, Coca-Cola and Wells Fargo, and that it had trimmed its fixed income holdings — including its ownership...
...Uber suspended testing of autonomous vehicles in four North American cities while police and federal transport safety regulators launched an investigation....
...That helps fund Berkshire’s multibillion-dollar equity stakes — it currently has a $137bn portfolio including its holdings in American Express, Coca-Cola, Apple, IBM and Wells Fargo — or new acquisitions...
...NS was reacting to CP’s confirmation hours earlier that it had formally written to NS to express interest in a merger....
...Research from Express Scripts, the big US pharmacy management group, showed that more than half a million Americans each consumed at least $50,000 worth of prescription medicines last year, an increase of...
...To young people today this is old news: they know that the Americans went to the Moon, just as they know the Romans built straight roads....
...And American Express rose 1.8 per cent to $67.39 on the week after the company’s board authorised the repurchase of up to 150m shares....
...Investors in the listed UK transport groups reacted mildly to the new timetable, but executives welcomed the plan....
...The rejection marked a new level of acrimony in a long-running battle between TNT Express management and a shareholder group led by American hedge fund Jana Partners....
...A group of investors led by the American hedge fund Jana Partners had pressed relentlessly for the break-up, arguing that the spun-off international delivery company TNT Express would be worth more alone...
...Bank of America’s June charge-offs were close to 14 per cent and delinquencies – loans that have not been paid – were 1.9 per cent, exceeding the totals for Citigroup, JPMorgan, American Express, Capital...
...These could include new premium and super premium carriages, business cabins, special carriages for families and groups, and traditional coach class....
...GlaxoSmithKline rose 1 per cent to £11.12 as Berkshire Hathaway said in a US regulatory filing that it owned 1.5m of the pharmaceuticals group’s American depository receipts (ADRs)....
...American Express, down 1 per cent to $55.86, and Citigroup, off 0.6 per cent at $51.05, were are a drag on the Dow....
...Shares in American Express fell 1.5 per cent to $57.14 on wider pressures for financial sector stocks....
...The group’s second-quarter earnings were hurt by the withdrawal of its hugely popular Vioxx painkiller....
...National Express shares fell 0.4 per cent to 841½p after it announced talks with the shareholders of Alsa, a privately-owned Spanish transport group, which may lead to a combination of their businesses....
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