AmEx may cut div but capital raise unlikely: Citigroup - Reuters
 Dividend.com |
AmEx may cut div but capital raise unlikely: Citigroup
Reuters N) may cut its dividend, but the credit-card company is unlikely to be forced to raise capital, a Citigroup analyst said and urged investors to sell the stock. Analyst Donald Fandetti expects the company's first-quarter earnings and upcoming … Ahead of the Bell: American Express AmEx: Is Dividend Cut Imminent? Citi Lowers Price Target on American Express (AXP); Sell Into Any … |
Credit card companies slash rewards to cushion losses - Reuters
 Reuters |
Credit card companies slash rewards to cushion losses
Reuters Last month American Express Co — the largest credit card company by sales volume — took the extraordinary step of offering some clients $300 to pay off their credit card balances and close their accounts. What a difference a credit crisis makes. … No more rewards on credit cards? Find out the best cash-back credit cards Finding the Best Reward Card Is Trickier Now Than Ever |
Ranks of AAA Companies Thinning After GE, Berkshire Downgrades - Bloomberg
 CNBC |
Ranks of AAA Companies Thinning After GE, Berkshire Downgrades
Bloomberg The company has come under attack from some investors and analysts for a lack of transparency at GE Capital, the finance arm. Investors are concerned that the unit, already facing rising credit card-delinquencies and $4 billion in unrealized property … Berkshire Credit Swaps Rise To Record Level, Implying 'Junk' |
Credit card balances rise, but not by much - San Francisco Chronicle
 Credit.com News |
Credit card balances rise, but not by much
San Francisco Chronicle, USA (03-11) 17:43 PDT — Credit card balances crept up at the end of 2008 and delinquencies rose, but the relatively mild increases suggest that consumers are trying to get borrowing under control, a recent survey says. "Consumers are becoming more … Floridians carry more credit card debt TransUnion.com Quarterly Credit Card Analysis Reveals Delinquency … US credit card delinquencies rise in sign of stress |
Need help with debt? Credit-card companies offer help - Seattle Times
 New Zealand Herald |
Need help with debt? Credit-card companies offer help
Seattle Times, United States Major credit-card companies have launched a Web site and toll-free number for consumers wrestling with daunting balances. By CANDICE CHOI The Associated Press NEW YORK — Trouble paying your credit-card bills? Your card issuer is standing by to help. … Credit card company shares edge higher Should you sign the back of your credit card? The Pitfalls of Prepaid Cards |
AmEx may cut div but capital raise unlikely: Citigroup - Reuters
Dividend.com |
AmEx may cut div but capital raise unlikely: Citigroup
Reuters N) may cut its dividend, but the credit-card company is unlikely to be forced to raise capital, a Citigroup analyst said and urged investors to sell the stock. Analyst Donald Fandetti expects the company's first-quarter earnings and upcoming … Ahead of the Bell: American Express AmEx: Is Dividend Cut Imminent? Citi Lowers Price Target on American Express (AXP); Sell Into Any … |
Credit card companies slash rewards to cushion losses - Reuters
Reuters |
Credit card companies slash rewards to cushion losses
Reuters Last month American Express Co — the largest credit card company by sales volume — took the extraordinary step of offering some clients $300 to pay off their credit card balances and close their accounts. What a difference a credit crisis makes. … No more rewards on credit cards? Find out the best cash-back credit cards Finding the Best Reward Card Is Trickier Now Than Ever |
Ranks of AAA Companies Thinning After GE, Berkshire Downgrades - Bloomberg
CNBC |
Ranks of AAA Companies Thinning After GE, Berkshire Downgrades
Bloomberg The company has come under attack from some investors and analysts for a lack of transparency at GE Capital, the finance arm. Investors are concerned that the unit, already facing rising credit card-delinquencies and $4 billion in unrealized property … Berkshire Credit Swaps Rise To Record Level, Implying 'Junk' |
Credit card balances rise, but not by much - San Francisco Chronicle
Credit.com News |
Credit card balances rise, but not by much
San Francisco Chronicle, USA (03-11) 17:43 PDT — Credit card balances crept up at the end of 2008 and delinquencies rose, but the relatively mild increases suggest that consumers are trying to get borrowing under control, a recent survey says. "Consumers are becoming more … Floridians carry more credit card debt TransUnion.com Quarterly Credit Card Analysis Reveals Delinquency … US credit card delinquencies rise in sign of stress |
Need help with debt? Credit-card companies offer help - Seattle Times
New Zealand Herald |
Need help with debt? Credit-card companies offer help
Seattle Times, United States Major credit-card companies have launched a Web site and toll-free number for consumers wrestling with daunting balances. By CANDICE CHOI The Associated Press NEW YORK — Trouble paying your credit-card bills? Your card issuer is standing by to help. … Credit card company shares edge higher Should you sign the back of your credit card? The Pitfalls of Prepaid Cards |