Tuesday 15:45 pm American Express (AXP) says its customers spent 3% more worldwide in October, and it will invest a sizable amount in loss reserves to expand business. Last month Amex noted that its volume of souring card loans and the number of consumers a month behind payments both fell from the quarter before.
Comment!
Monday 13:17 pm Dow leaders: AXP +5.1%. CAT +4%. TRV +3.5%. BAC +3.5%. GE +3.2%. Just one Dow component down: KFT -1.3%.
Comment!
Monday 10:07 am Dow leaders early on: CAT +3.7%. GE +3.6%. AA +2.8%. INTC +2.6%. AXP +2.6%. TRV +2.3%. BAC +2%. DD +1.8%. BA +1.7%. Laggards: KFT -0.5%. CSCO -0.1%.
Comment!
Archman Investor: What a joke: AXP rev. down 16%, gain 118M on tax boost and the arm flappers take it up. Still no reality to markets, totally manipulated.