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At Insider Monkey we follow the investment picks of 59 billionaires every quarter after they submit their 13F filings to gain an insight into which way the wind is blowing on Wall Street according to these professional money managers. After analysing these If you're pulling out your personal american express card to pay for business expenses, you may want to reconsider. Bloomberg reported this morning that rates are jumping to 12.99 for many cardholders because american express found out it was charging too american express violated U.S. antitrust laws by barring merchants from asking customers to use one credit card over another, a federal judge ruled Thursday. The case was a major blow to American Express, who argued that its policies kept it competitive In case the Oscars weren’t star-studded enough, American Express Co. will roll out a new ad campaign during the Academy Awards featuring the likes of Aretha Franklin and Mindy Kaling. The credit card giant will debut four 30-second heart-felt ads American Express Company (NYSE:AXP) violated U.S. antitrust law by preventing merchants from encouraging customers to use other forms of payment, including lower-cost credit cards, a federal judge ruled Thursday. The ruling is the second major setback NEW YORK -- American Express violated U.S. antitrust laws by barring merchants from asking customers to use one credit card over another, a federal judge ruled Thursday. The case was a major blow to American Express, who argued that its policies kept it .
The decision by U.S. District Judge Nicholas Garaufis in Brooklyn followed American Express' loss on Feb. 12 of a lucrative, exclusive partnership with warehouse retailer Costco Wholesale Corp. It is also a victory for the U.S. government and 17 states 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, up .
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