AXP News and Press, American Express Company From 02/21/24

2024-02-21 07:38:17 ET Summary Capital One is set to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion. The deal is expected to create significant synergies and combine Capital One's scale and credit cards with Discover Financial Services' glo...

2024-02-20 13:08:33 ET Summary Capital One announced a deal to acquire Discover Financial for $35.3 billion in an all-stock deal. Today's market reaction has been positive for DFS stock and neutral for COF stock. Merger arbitrage, anyone? The deal presents an 11.1% premium for...

2024-02-20 09:08:06 ET Capital One Financial's ( NYSE: COF ) agreement to buy Discover Financial Services ( NYSE: DFS ) for $35.3B, announced on Monday, portends stiffer competition for its three larger payment network rivals, Visa ( NYSE: V ), Mastercard ( NYS...

2024-02-20 04:31:49 ET Summary Industrials are the second most overvalued sector, but the transportation subsector has fair value and quality scores. IYJ: fast facts on an odd industrial ETF. 10 industrial stocks cheaper than their peers in February 2024. ... Read ...

2024-02-18 16:12:00 ET More on American Express, Bank of America, etc. Consumer Spending Remains Strong, Sticking With Bread Financial Discover Financial Services: High-Yielding Digital Bank And Payment Network Bank Of America: In Worse Shape Than Before? Cit...

2024-02-18 13:26:00 ET Thanks to his impressive track record, investor Warren Buffett's moves are followed by many who are looking for top stocks to buy. Investors peek at the holdings of his Berkshire Hathaway for inspiration. Inside the conglomerate's massive $373 billion po...

2024-02-15 13:09:55 ET More on Credit Card Performance Bank of America credit card delinquency, net charge-offs decline in January JPMorgan Chase credit card delinquency, net charge-offs creep up Synchrony credit card delinquency, charge-off rates continue to scale h...

2024-02-15 09:18:00 ET Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) completed its $1.3 billion investment into American Express (NYSE: AXP) in 1995. Since then, its investment in the bank holding and payments giant has grown to $32 billion, and it rece...

2024-02-14 21:30:46 ET Summary Berkshire Hathaway's 13F stock portfolio value increased by 11% in Q4 2023 to approximately $347 billion. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway sold S...

2024-02-14 21:16:16 ET Summary Gabelli Funds' 13F portfolio value increased by approximately 5% in Q4 2023. Stake increases were seen in Newmont Corporation, CNH Industrial, Exxon Mobil, Eli Lilly, Madison Square Garden Sports, and NVIDIA Corp. Stake decreases were seen in Mic...