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$AXP's consolidated provisions for losses were $504MM in 3Q16, down 5% from $529MM a year ago. The prior year included credit costs associated with cobrand portfolios that were sold earlier in 2016. Excluding the impact of the cobrand portfolios, adjusted provisions for losses increased 6%, mainly reflecting higher loan growth.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.