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American Express and more. "Private Bank Survey: Where to Invest Cash Now" by Karen Hube. America's top 40 asset managers predict a grind in 2015, says this week's Barron's cover story. "We think stocks are going to deliver reasonable returns. The problem American Express Company (NYSE:AXP) was upgraded by stock analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm currently has a $90.00 price target on the stock It's been a tough year for American Express investors. While rivals Visa and MasterCard are up a respective 3 and 2 percent on the year, American Express shares are down 17 percent, making it the worst performing stock in the Dow in 2015. (Reuters) - American Express Co (N:AXP) is raising interest rates for over 1 million cardholders for the first time in more than five years, Bloomberg reported. American Express told customers this month that their annual rates will rise an average of 2.5 We are downgrading American Express to Neutral from Buy and reducing our fair-value estimate to $83 from $100. Our downgrade of American Express (ticker: AXP) is for the following four reasons: 1) We are reducing our 2015-2016 earnings-per-share estimates The DJIA stock posting the largest daily percentage loss ahead of the close Friday was American Express Co. (NYSE: AXP) which traded down 1.91% at $81.66. The stock’s 52-week range is $77.12 to $96.24. Trading volume was about equal to the daily average .
They will also affect some existing co-branded credit cards. Recent news out of American Express has Wall Street nervous about the company, and the stock has plunged nearly 13% year-to-date. Last Thursday, AmEx lost an antitrust lawsuit over whether it American Express Company ( AXP) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for AXP broke out below the 200 Day Simple Moving [Reuters] – American Express Co violated U.S. antitrust law by prohibiting merchants from steering consumers to use lower-cost credit cards, a federal judge ruled on Thursday, in the company’s second major setback this month. The decision by U.S AmEx had been the only card Costco had accepted beyond debit cards. american express stock has suffered, and shares slipped again Thursday after theannouncement. AmEx released a statement saying it was “disappointed” with the ruling and would appeal. .
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