AXP Forum Topics
- All Comments on AXP
- General Discussion on AXP
- American Express Calls Investment Banks' Bluff [view article]
- Credit Card Breakdown: AmEx Disappoints, as Predicted [view article]
- Dow 30 Performance Since 7/15 [view article]
- The Fat Lady's Not Singing Yet for the Economy [view article]
- Financial-Dip Buyers Forget To Ask What's Next [view article]
- Soup Target; Cramer's Mad Money (7/22/08) [view article]
- Why American Express Should Be Ignored [view article]
- As American Express Goes, So Goes the Economy [view article]
- AmEx Misses: The Bear Trap Thickens [view article]
- The Dow, Housing, Oil and Credit Cards [view article]
- Banks Hit Bottom – Cramer’s Mad Money (7/21/08) [view article]
- American Express Company Q2 2008 Earnings Call Transcript [view article]
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- Does Anyone Still Believe There Is No Recession?
- American Express Calls Investment Banks' Bluff
- Dow 30 Performance Since 7/15
- As American Express Goes, So Goes the Economy
- Financial ETFs Trip Early, Then Dust Themselves Off
- Credit Card Breakdown: AmEx Disappoints, as Predicted
- Financial-Dip Buyers Forget To Ask What's Next
- Comments by Plosser and Paulson Send Dollar Higher
- AmEx Misses: The Bear Trap Thickens
- Wall Street Breakfast: Must-Know News
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American Express Calls Investment Banks' Bluff [view article]
The article overlooks the vital business charge card expenditures (due at end of month) that is Amex's bread and butter. There are significant cut back there, as well as in the expenditures in the retail side of the business, again where most of the charges are due at the end of the month (eg, not revolving). ReplyCredit Card Breakdown: AmEx Disappoints, as Predicted [view article]
***This is the correct link ***usdoj.gov/dea/pubs/pre... Reply
Credit Card Breakdown: AmEx Disappoints, as Predicted [view article]
usdoj.gov/dea/pubs/pre... ReplyCredit Card Breakdown: AmEx Disappoints, as Predicted [view article]
I've provided the link below to ease the mind of anyone worried about pending and future litigation against VISA. The link provides a photo of $206,000,000.00 seized from a cartel by Mexican and DEA agents. Multiply the photo by 14.492 and you'll have the sum of VISA's initial litigation escrow account deposit. This account serves as quite a hedge. usdoj.gov/dea/pubs/pre...Reply
Dow 30 Performance Since 7/15 [view article]
Why can't McDonald's breakout...reports record European profits and it barely moves. This market is STUPID. ReplyDow 30 Performance Since 7/15 [view article]
the "bush" league administration is taking our government down more and more. taxes MUST increase with the new President to save the $$$ and save Our Country! Thank God, king george iii will finally leave the throne of ignorance .......... Hurry Jan 20th 2009!Please hurry...... please! Reply
American Express Calls Investment Banks' Bluff [view article]
remember what WFC said, did boost their earnings? a huge increase in their credit card business. Give me a break! it seems they generated lots of fees and profits there which will come home to roost over the coming quarters and years.and to all the V and MA-lovers who immediately react if their darlings are mentioned with axp: the author didn't state that V or MA were in trouble. he simply wanted to illustrate the point that axp has a higher net-worth and higher turnover-clientele than the two. and that therefore, a deterioration here is extremelx significant for the financial sector. so sit back and relax. nobody slapped your two darlings.
funny. really. Reply
American Express Calls Investment Banks' Bluff [view article]
I think many do not know that American Express classic card holders MUST pay their charges each month, and do. They have been trying to convince me after over 40 years with them to sign up for one of their "defaultable"... credit charge cards so I can spend hundreds of dollars of interest in addition to normal merchants' charges they get. They are apparently not clear on the concept of their own cards and clients.I knew they must be hurting because I am recently getting at least five emails and three post mailings a day for some new schemes I don't want or need.
Some friends tell me Amexco are cutting monthly charge limits on some of their BIG business clients who have always paid on time. It looks like we'll all have to start getting cash at the bank like in the olde dayz and carry a Glock! jeeeeeziz... Reply
Credit Card Breakdown: AmEx Disappoints, as Predicted [view article]
VCashCow: Great analysis of the information... ReplyAmerican Express Calls Investment Banks' Bluff [view article]
American Express is more expensive than Visa and Mastercard on both the consumer and merchant side. We have dumped them on both. I just don't see what makes them special enough to command a premium. ReplyAmerican Express Calls Investment Banks' Bluff [view article]
A few of you need to lay off the Visa kool-aid. Just because Visa (and MA) don't hold debt, doesn't mean they aren't dependent on the ability and willingness of their issuing banks to continue lending. ReplyCredit Card Breakdown: AmEx Disappoints, as Predicted [view article]
mojo - You should buy (JBHT) when it becomes oversold. Now thats a monster of a performer. ReplyCredit Card Breakdown: AmEx Disappoints, as Predicted [view article]
mojo7489 - Visa and Mastercard will not lose big banks as customers as they have no alternatives to electronic payment processing. The banks created these giants and receive fees from the merchants when Visa and Mastercard are swiped, furthermore the governement will not allow a bank like Wachovia or Bank of America to fail.Bank of America would love to create their own brand of card, however, they currently do not have the capital to develop their own payment platform.
The barriers to entering this business are hugh and the banks shot themselves in the foot by allowing this oligopoly to go on for so long.
You should already know that the banks sold the majority of their Visa Shares after the IPO. Why do yout think their recovery was so overstated in 04/2008 (They made millions from the IPO).
V & MA are great stocks but there are clearly risks involved. At this juncture the risks are outweighed by the great potential in emerging markets as stated above by Adesai. The growth in emerging markets will offset any roadblock in the U.S. over the next 3-4 years. Adesai hit it on the nose man.
mojo - I know you like AXP as they have a great track record, but AXP is not in favor and their business model of handing out free money in the hopes that consumers will repay is bound to burst. Reply
Dow 30 Performance Since 7/15 [view article]
America has officially entered the 'Age of Insanity'. ReplyAmerican Express Calls Investment Banks' Bluff [view article]
AXP is the cream of the crop for credit card companies. AXP cardholders charge an average of $12K a year, roughly five times that of Visa or MasterCard holders.Right there you lost all credibility as MA and V are not banks. They do not have the exposure to debt. They are the transaction processors. I thought this was common knowledge by now. Reply