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ADS News and Press, Alliance Data Systems Corporation From 12/02/21

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Company Name: Alliance Data Systems Corporation
Stock Symbol: ADS
Market: NYSE

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ADS - Tracking David Tepper's Appaloosa Management Portfolio - Q3 2021 Update

David Tepper’s 13F portfolio value decreased from $4.83B to $4.20B this quarter. Appaloosa increased Macy's & Goodyear Tire while reducing Amazon, Micron, and Visa. Alphabet, Meta Platforms, T-Mobile US, Amazon, and Occidental Petroleum are the five largest positions. ...

ADS - Financial stocks revive as Fed's taper talks flattens yield curve

Financial stocks climbed on Thursday as the yield curve flattens with Federal Reserve officials adding to chair Jerome Powell's assertion that the central bank may need to wind down its asset purchases at a faster pace than originally planned. In balancing employment and price stability goals...

ADS - Alliance Data Upholds 'Pay it Forward' Value

--News Direct-- “This Giving Tuesday Alliance Data is providing every associate a $50 charitable gift card to donate to a nonprofit of their choosing. Creating this opportunity to Pay it Forward is a meaningful way to engage our associates in the community and kick off the ho...

ADS - Bank, credit card stocks dip amid renewed COVID variant worries

Commercial banks such as Citigroup (NYSE:C) -3.8%, Bank of America (NYSE:BAC) -4%, JPMorgan Chase (NYSE:JPM) -3.3%, Wells Fargo (NYSE:WFC) -4.1%, Goldman Sachs (NYSE:GS) -3.3% and Morgan Stanley (NYSE:MS) -3.4% gap down in pre-market trading as a new COVID-1...

ADS - Alliance Data to Participate at the Goldman Sachs 2021 US Financial Services Conference

Alliance Data to Participate at the Goldman Sachs 2021 US Financial Services Conference PR Newswire COLUMBUS, Ohio , Nov. 23, 2021 /PRNewswire/ -- Alliance Data Systems Corporation (NYSE: ADS), a leading provider of tech-forward payment and lending so...

ADS - Alliance Data Recognized at 2021 Breakfast of Corporate Champions

--News Direct-- Alliance Data is honored to have been recognized at the Nov. 10 Women’s Forum of New York Breakfast of Corporate Champions for surpassing the 35% threshold for female directors on our corporate board. Our commitment to diversity, equity and inclusion remains a top...

ADS - Credit card metrics, loan growth tread path to 'normalization' in October

Credit card banks' net charge-off and delinquency rates creep up in October, but still remain near low levels as most consumers didn't run up credit card debt during the pandemic. "Normalization continues (albeit slowly)," Jefferies analyst John Hecht said in a note to clients. Summing it up:...

ADS - Alliance Data credit card net charge-offs, delinquency rates rise in October

Alliance Data Systems (NYSE:ADS) credit card net charge-offs and delinquency rate both rise in October from the previous month as consumers borrow more on their cards and metrics start to normalize. October 2021 credit card delinquency rate of 3.9% increases from 3.8% in September, but is sti...

ADS - Alliance Data Provides Performance Update For October 2021

Alliance Data Provides Performance Update For October 2021 PR Newswire COLUMBUS, Ohio , Nov. 15, 2021 /PRNewswire/ -- Alliance Data Systems Corporation (NYSE: ADS), a leading provider of tech-forward payment and lending solutions, provided a performance updat...

ADS - Chinese fintech 360 DigiTech leads week's financial gainers; Upstart dips the most

In this week's financial gainers, two Chinese fintech names rebound from months of weakness triggered by the country's new data privacy law, two U.S. financial firms rise after reporting dividend news, and a bitcoin miner advances during the week that the world's most popular cryptocurrency t...

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