Stocks

So Why is Stock Down?

The payment processor had record revenue and raised its earnings guidance for the complete fiscal 12 months. American Express (NYSE:AXP), by most measures, had a superb second quarter, yet its…

Listed below are 2 Reasons Why

The nation’s fourth-largest bank card company had a blowout quarter while it waited for the Capital One merger to be approved The nation’s fourth-largest payment processor, Discover Financial Services (NYSE:DFS), had an…

Why Profits Were up 47%

Financial services behemoth Morgan Stanley (NYSE:MS) reported strong second quarter earnings with profits rising 47%, pushing Morgan Stanley stock higher. The firm generated $15 billion in revenue, an 11% year-over-year…

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