CNBC Pro highlights the five best strategy notes that came across our desk on the week.» Read More
On Wednesday, American Express Co said it would stop offering a co-branded credit card with Costco when its contract with the retailer ends in March 2016. These products are big business for companies such as American Express- nearly a third of the company's purchase volume is on co-branded cards. The official noted that banks that issue Visa or Mastercard...
Check out which companies are making headlines after the bell Thursday: Hertz, Ulta, ADS & more.
Sept 11- Credit card processor Alliance Data Systems Corp said it will buy Conversant Inc for about $2.3 billion in cash and stock to boost its digital marketing business. The $35 per share offer comprises $16.80 in cash and the rest in stock, based on a fixed exchange ratio, Alliance Data said.
Sept 11- Credit card processor Alliance Data Systems Corp said it will buy digital marketing company Conversant Inc for about $2.3 billion in cash and stock. Alliance Data will acquire Conversant for $35 per share. The deal is expected to close by year end.
Google mantra 'Do no evil' meets its match in Skybox, a satellite maker spying on the globe in high resolution, from port to rain forest.
After an early April swoon, most stocks have recovered. However, there are still 8 of them that are down 10 percent or more. Investors are suffering.
Next week will be busy. There is considerable interest in the Fed's very large POMO operation on Thursday.
With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.
Three tech laggards could have strong upside, Zack Safran of Ivy Science & Technology Fund says.
Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Nucor Corp.' s third-quarter net income plunged 39 percent on lower sales and prices as demand for steel fell in the sluggish global economy.
DALLAS-- Alliance Data Systems Corp., which manages loyalty and rewards programs for retailers and others, posted a 27 percent increase in third-quarter earnings, led by growth in its private label business. Alliance said Thursday it earned $119.5 million, or $1.84 per share, in the three months that ended Sept. 30.
Oct 12- Alliance Data Systems Corp:. *Barclays raises Alliance Data Systems price target to $160 from $145;. Reuters Station users, click. 1568.
*Raymond James Raises Heartland Payment to outperform from market. *Raymond James Cuts Alliance Data Systems to market perform from. Reuters Station users, click. 1568.
Exporters with a global reach, an economy that has stayed out of recession, and an abundance of solid household names made Germany a top pick for those who wanted to- or had to- invest in euro zone equities when the currency union's future looked in question earlier this year.
The U.S. banking quadropoly of Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase has worn out its welcome with the public, but don't look for Amazon, Google, or even Wal-Mart Stores to offer a meaningful alternative.
OSLO, Oct 8- German sportswear company Puma. announced a range of biodegradable shoes and clothes on Monday, seeking to lead in protecting nature as it tries to catch up with rivals Nike and Adidas in sales.
--World Financial Network Credit Card Master Note Trust's issuance is an ABS securitization backed by a collateral certificate representing an ownership interest in the receivables held by World Financial Network Credit Card Master Trust.
A string of earnings downgrades from European autos and the sector's recent underperformance could open up a cheap entry point for investors, reckons Fabio Di Giansante, senior portfolio manager at Pioneer Funds.
Analysts from KBW weigh in with their picks of winners and losers in the financial sector if the U.S. falls off the “fiscal cliff.” TheStreet.com reports.