UK to crack down on 'rip off' card fees
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Jefferies Reiterates Hold of American Express (AXP) Following 2Q
July 20, 2017 7:54 AM EDTJefferies reiterated a Hold rating and $85.00 price target on American Express (NYSE: AXP) following the company's 2Q earnings release. AXP reported 2Q17 EPS of $1.47 beating the Street's $1.43. Revenues topped forecasts on both higher net interest income and higher discount revenue.
There are no meaningful... More
Credit Card Stocks on Watch as Surcharges on Credit Card Purchases in UK to be Outlawed
July 19, 2017 8:53 AM EDTCredit card companies are on watch Wednesday after the U.K. Treasury announced that companies could no longer charge customers a fee for paying with credit cards. The news could be positive for the card companies as extra fees will no longer be allowed for those choosing to pay... More
