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  • Costco strikes credit card deal with Citi, Visa Monday, 2 Mar 2015 | 8:36 AM ET

    NEW YORK— Costco says it struck a deal for Citi to be the exclusive issuer of its co-branded credit cards, with Visa replacing American Express as the card network. Costco and American Express ended their partnership after failing to reach an agreement on renewal terms. David Sherwood, Costco's director of finance and investor relations, said in a phone...

  • March 2- Warehouse club retailer Costco Wholesale Corp said on Monday it had entered into agreements with Citigroup Inc and Visa Inc for co-branded credit cards. Citigroup will become the exclusive issuer of Costco's co-brand credit cards and Visa will replace American Express Co as the credit card network for Costco in the United States and Puerto Rico from...

  • Costco announced on Monday a new credit card program with Citi in a deal that will go into effect in April 2016. Berkshire Hathaway's Warren Buffett reacts to the deal.

  • Final Glance: Credit Card companies Friday, 27 Feb 2015 | 6:02 PM ET

    American Express Co. fell $1.66 or 2.0 percent, to $81.59. Capital One Financial Corp. fell$. 44 or. 6 percent, to $78.71. Discover Financial Services fell$. 28 or. 5 percent, to $60.98.

  • Midday Glance: Credit Card companies Friday, 27 Feb 2015 | 1:25 PM ET

    American Express Co. fell $1.08 or 1.3 percent, to $82.17. Capital One Financial Corp. fell$. 03 or percent, to $79.12. Discover Financial Services fell$. 05 or. 1 percent, to $61.21.

  • Early Glance: Credit Card companies Friday, 27 Feb 2015 | 11:10 AM ET

    American Express Co. fell$. 69 or. 8 percent, to $82.56. Capital One Financial Corp. fell$. 03 or percent, to $79.12. Discover Financial Services rose$. 13 or. 2 percent, to $61.39.

  • AmEx returns to its roots: The wealthy Friday, 27 Feb 2015 | 8:04 AM ET

    American Express is catering to the affluent once again after taking several blows to its business, the NYT reports.

  • Final Glance: Credit Card companies Thursday, 26 Feb 2015 | 6:02 PM ET

    American Express Co. rose $1.08 or 1.3 percent, to $83.25. Capital One Financial Corp. fell$. 51 or. 6 percent, to $79.15. Discover Financial Services rose$. 13 or. 2 percent, to $61.26.

  • Midday Glance: Credit Card companies Thursday, 26 Feb 2015 | 1:19 PM ET

    American Express Co. rose $1.14 or 1.4 percent, to $83.31. Capital One Financial Corp. fell$. 49 or. 6 percent, to $79.17. Discover Financial Services rose$. 05 or. 1 percent, to $61.18.

  • Early Glance: Credit Card companies Thursday, 26 Feb 2015 | 10:35 AM ET

    American Express Co. rose$. 53 or. 6 percent, to $82.70. Capital One Financial Corp. fell$. 18 or. 2 percent, to $79.48. Discover Financial Services rose$. 08 or. 1 percent, to $61.21.

  • AmEx business model is 'broken': Strategist Wednesday, 25 Feb 2015 | 4:38 PM ET
    A pedestrian walks past an American Express Travel Services office in San Francisco.

    Recent hits to American Express highlight its flaws, a market strategist said, but another pro sees opportunity in its struggles.

  • Midday Glance: Credit Card companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    American Express Co. rose $1.18 or 1.5 percent, to $82.04. Capital One Financial Corp. fell$. 42 or. 5 percent, to $80.08. Discover Financial Services rose$. 16 or. 3 percent, to $60.92.

  • NEW YORK— American Express increased interest rates on some of its credit card accounts by an average of 2.5 percentage points in recent weeks, a spokeswoman for the company said Wednesday. American Express had been charging a lower interest rate, as much as 3.25 percentage points, on its credit cards compared with rates its competitors charge for customers...

  • Early Glance: Credit Card companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    American Express Co. rose$. 28 or. 3 percent, to $81.14. Capital One Financial Corp. fell$. 24 or. 3 percent, to $80.26. Discover Financial Services fell$. 16 or. 3 percent, to $60.60.

  • Feb 25- American Express Co is raising interest rates for a large number of its credit cards following a review that began a year ago, a company spokeswoman said. The company sent letters to its cardholders saying it is making adjustments after finding its rates were below those of rival cards, Bloomberg earlier reported, citing a copy of the letter.

  • American Express to raise credit card rates - Bloomberg Wednesday, 25 Feb 2015 | 6:08 AM ET

    Feb 25- American Express Co is raising interest rates for over 1 million cardholders for the first time in more than five years, Bloomberg reported. American Express told customers this month that their annual rates will rise an average of 2.5 percentage points to at least 12.99 percent following a review last year, Bloomberg reported, citing people briefed on...

  • Final Glance: Credit Card companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    American Express Co. rose$. 56 or. 7 percent, to $80.86. Capital One Financial Corp. rose$. 44 or. 5 percent, to $80.50. Discover Financial Services rose$. 13 or. 2 percent, to $60.76.

  • Midday Glance: Credit Card companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    American Express Co. rose$. 96 or 1.2 percent, to $81.26. Capital One Financial Corp. rose$. 49 or. 6 percent, to $80.55. Discover Financial Services rose$. 17 or. 3 percent, to $60.80.

  • Early Glance: Credit Card companies Tuesday, 24 Feb 2015 | 11:24 AM ET

    American Express Co. rose$. 82 or 1.0 percent, to $81.12. Capital One Financial Corp. rose$. 17 or. 2 percent, to $80.23. Discover Financial Services fell$. 12 or. 2 percent, to $60.51.

  • Americans are saving more, but is it enough? Monday, 23 Feb 2015 | 6:14 PM ET

    Two new studies show conflicting data on how prepared Americans are for emergency financial situations.