Amex, Capital One to miss EPS views on card losses
98145
American Express Co  and Capital One Financial Corp , the largest independent U.S. credit card companies, projected profits below analyst forecasts on Thursday, citing mounting consumer loan losses as the U.S. economy slows.
692504
Stocks looked set to follow European  and Asian markets lower on Wednesday after a British lender  took a write-down and an arm of KKR private equity group said  it had to delay debt repayments, sparking new worries for  financial shares.
59865
American Express is suing Visa and MasterCard plus eight US banks, claiming anti-competitive tactics kept it out of the market. The litigation is the latest setback for Visa and MasterCard, which last month
98953
The Dow and S&P 500 briefly pared early gains and the Nasdaq turned negative on Tuesday as traders cited talk of derivative losses at JPMorgan Chase & Co .
254540
Capital One Financial Corp , a credit card issuer and bank, said on Wednesday that fourth-quarter earnings fell on rising credit card loan losses and losses related to a shut-down mortgage unit.
204001
Stocks fell sharply on Friday, capping  a third consecutive weekly decline, on a warning by American  Express Co  of mounting credit-card defaults and a  slowdown in consumer spending.
625492
Capital One Financial Corp.   shares fell more than 7 percent early Friday after the No. 4  MasterCard and Visa card issuer said British credit losses,  lower U.S. margins and rising costs caused profit to miss Wall  Street forecasts.
274554
Germany's Deutsche Post AG said  losses at its U.S. express and logistics business will be 200  million euros ($246.1 million) greater than expected this year,  sending its shares down over 4 percent.
748331
Financial services giant American Express Co. said yesterday it will spin off its financial advisory business so it can focus on the faster-growing charge and credit card, payments processing, and travel businesses. Its shares rose more than 6 percent.
478445
Greeting card maker American Greetings  Corp.  on Thursday posted a quarterly loss, hurt by costs  for rolling out a new strategy to manage inventory.
507598
American Express Co , a credit card issuer and network, posted weaker-than-expected second quarter results on Monday, as its funding costs rose and it set aside more money for credit losses.
72782
Visa, MasterCard and eight banks have been sued by American Express for âanti-competitive practicesâ that led to damages as around 20,000 US banks were not able to use AE credit card products.
573531
Can't tell your Nasdaq from your Amex? Here's a handy guide.
689583
Wall Street stocks fell sharply on Friday after a disappointing earnings outlook at American Express (NYSE:AXP) compounded worries that the US economy is heading for a sharp slowdown.
207461
American Express posts a 10% drop in quarterly profits as it sets aside $274m to cover credit card defaults.
443253
Stocks fell sharply on Friday, capping a third straight weekly decline, on a warning by American Express Co  of mounting credit-card defaults and a slowdown in consumer spending.
173950
Stocks fell sharply on Friday, capping a third consecutive weekly decline, on a warning by American Express Co  of mounting credit-card defaults and a slowdown in consumer spending.