Hints and tips:
...Express Scripts says it returns the vast majority of rebates to its clients....
...American Express (Finance) 57. PepsiCo (Consumer Goods) 58. UBS (Finance) 59. Standard Life (Insurance) 60. Barratt Developments (Consumer Goods) 61. Amazon (Online Retail) 62....
...Credit card companies,including Visa, MasterCard, American Express, Discover, and Capitol One, have also signed on....
...A research laboratory believes it has cracked the problems of carbon capture and storage with a revolutionary new power station - Sir Richard Branson and the billionaire family behind Wal-Mart...
...The move involved M&B offloading 21 of its Express by Holiday Inn hotels in return for 44 Whitbread Brewers Fayre and Beefeater pub restaurants....
...American Express is up 89.2 per cent, IBM has rallied 52.5 per cent, Cisco Systems has risen 49.6 per cent, JP Morgan is also 49.6 per cent higher and Intel has risen 42.1 per cent....
...Meanwhile, Wal-Mart lost 0.3 per cent to $50.48, in the wake of a 2.1 per cent drop on Wednesday. The retailer warned of a “tough” Christmas with consumers delaying purchases.”...
...In Indonesia, the group holds 45 stores under Carrefour Indonesia and 30 under Alfa Retailindo, all of which are branded as either Carrefour or Carrefour Express....
...Mr Andrews added that the group was pleased with its “very high” level of renewals of contracts from customers such as Wal-Mart, American Express, DHL and the Singapore government and major contract wins...
...Given what RiskMetrics called the “atypical” attack on functioning company, some of Target’s supporters express surprise at the support Mr Ackman has garnered....
...Despite attracting commercials from advertisers ranging from American Express to Wal-Mart, however, it is airing several shows with minimal interruptions by advertising....
...The Target stock has outperformed Wal-Mart over a 10 year period, a 5 year period, and in 2009 to date(1)....
...Wal-Mart, the country’s biggest retailer, was downgraded by Citigroup on the mere prospect of the bill becoming law, with the broker warning of a steep rise in costs....
...Even American Express was caught up in the buying, in spite of Citi cutting its price target on the stock from $14 to $9. Its shares rose 10.2 per cent to $13.15....
...American Express was another key loser among the bigger names, down 5 per cent to $15.20, but recovered 4.3 per cent in immediate after hours trade, when the credit card group disclosed a 79 per cent drop...
...Credit card stocks came under heavy selling pressure after American Express, down 11.3 per cent to $13.96, warned that credit card delinquencies rose last month....
...Treasury insiders say the strain was apparent when first Amex, then GM and Ford applied for banking licences, but the final straw came when Bloomingdales and Wal-Mart followed suit....
...Meanwhile, Wal-Mart provided at least some reassurance that the drop in consumer spending may not be as spectacular as some feared....
...For more adventurous investors looking to buy great companies in the most out-of-favour sectors such as financials and retailers, I recommend American Express and Target....
...Wal-Mart lost 3 per cent to $55.81 after the discounter agreed to pay $54.3m to settle a wage and hours-related lawsuit in Minnesota and suspended its share buy-back....
...American Express was among the biggest winners earlier in the session after Sanford C....
...Credit card company American Express said it saw weakness among its wealthiest cardholders when it published earnings this week....
...JPMorgan Chase slipped 3.8 per cent to $39.81, Bank of America dipped 5.8 per cent to $31.52 and American Express slid 4.2 per cent to $36.40....
...American Express fell 5.3 per cent to $38.75 after Lehman Brothers forecast net charge-offs – a measure of uncollectable debts – on its cards would reach to 8.5 per cent of loans by next year....
...It took Tesco five years to get the hang of running its smaller “Express” format in the UK. That explains Wal-Mart’s caution....
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