Zacks Analyst Blog Highlights: Ford, American Express, Capital One, JPMorgan Chase and Wal-Mart
Zacks.com - Mon Dec 7, 7:27 am ETZacks Analyst Blog Highlights: Ford, American Express, Capital One, JPMorgan Chase and Wal-Mart
1430 Stories, most recent news story added 2 minutes ago
Zacks Analyst Blog Highlights: Ford, American Express, Capital One, JPMorgan Chase and Wal-Mart
Plus more stocks making headlines in Monday's market
Fears the Federal Reserve could hike interest rates next year send U.S. stock index futures lower Monday.
By Vitaliy Katsenelson. I was on BNN (a Canadian version of CNBC) today, discussed American Express ( AXP ). Why it is a good company, but a fairly valued (at best) stock. Read more » »
Q & A With Stuart Elliott.
Bank of America Merrill Lynch Monday lifted its rating to neutral on a trio of credit card issuers: American Express, Capital One and Discover Financial.
Stocks rose on Monday as a broker upgrade for three credit card companies offset jitters that interest rates might rise sooner than expected and as investors awaited comments from Federal Reserve Chairman Ben Bernanke.
Wall Street was poised for a soft open on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report.
By Lu WangBLOOMBERG NEWSShares of the following companies are having unusual moves in U.S. trading this morning.Credit card companies American Express Co.
Dec. 7 (Bloomberg) -- U.S. stocks rose after managed-care providers rallied on an upgrade by Goldman Sachs Group Inc. and Federal Reserve Chairman Ben S. Bernanke said inflation expectations are stable.
Dec. 7 (Bloomberg) -- U.S. stocks rose after managed-care providers rallied on a Goldman Sachs Group Inc. upgrade, offsetting a drop in bank shares spurred by concern the Federal Reserve will boost interest rates next year.
Dec. 7 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading . Stock symbols are in parentheses, and prices are as of 11:15 a.m. in New York.
Stocks remain higher at midday, led by the telecommunications and utilities sectors, although investors are awaiting a speech from Federal Reserve Chairman Ben Bernanke.
Dec. 7 (Bloomberg) -- U.S. stocks rose, boosted by managed- care providers as Goldman Sachs Group Inc. upgraded the industry, while media companies rallied after Barron’s said Comcast Corp. was a bargain.
Shares of Discover Financial gains in early trading on an analyst upgrade of several credit-card firms, though the overall financial sector starts the week off flat.
However, those gains are being held in check by concerns over whether interest-rate increases could come sooner than previously expected.