Even with the sharp gains in stock prices this year, 70 percent of the Dow components still offer dividend yields greater than 2 percent.» Read More
Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer customers an alternative to debit and checking accounts, the companies said on Monday. In an era where it is increasingly' expensive to be poor,' we have worked with Walmart to create a financial services product that rights many of the wrongs that plague the market today. "
BENTONVILLE, Ark.-- Wal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Wal-Mart Stores Inc. and American Express Co. view the card as an alternative to debit and checking accounts that will help consumers better manage and control their finances. Wal-Mart, based in Bentonville, Ark., is the world's biggest retailer.
*American express and walmart launch bluebirdï¿ ½: a new alternative to debit and. *Wal-mart stores-bluebird will be available next week online at. and in more than 4,000 walmart stores.
U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season. **INNOSPEC INC, Friday close $34.35.
Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer customers an alternative to debit and checking accounts, the companies said on Monday. The product, called Bluebird, will allow for deposits by smartphone and mobile bill paying, with no minimum balance, monthly, annual or overdraft fees.
Take a look at some of Mondays morning movers.
U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season. **UNITEDHEALTH GROUP INC, Friday close $57.13.
NEW YORK, Oct 8- U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season.
PARIS, Oct 8- U.S. stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.43 percent, Dow Jones futures down 0.34 percent and Nasdaq 100 futures down 0.47 percent at 0833 GMT.
NEW YORK-- PARTNERSHIP: Wal-Mart Stores Inc. and American Express Co. are rolling out a prepaid card that they say offers checking and debit services designed to help customers manage and control their everyday finances. BEHIND THE NEWS: The move comes as American Express is looking for new ways to expand its customer base beyond its wealthy clientele.
NEW YORK, Oct 7- Wal-Mart and American Express will hold a conference call for media analysts and investors on Monday at 8:30 a.m. EST to make a financial services announcement, the companies said in a joint press statement on Sunday.
The FDA has sent warning letters to three companies behind most of the 4,100 websites it identified as illegally selling potentially dangerous, unapproved drugs. "This is a first step," said FDA spokeswoman Sarah Clark-Lynn. " According to the FDA one business, called CanadaDrugs.com, operates 3,710 of the targeted websites.
WASHINGTON, Oct 2- The U.S. Supreme Court on Tuesday considered whether the federal government could be liable for money damages by printing confidential credit card information on a customer's receipt, increasing the risk of identity theft.
LONDON, Oct 2- Barclays has promoted two of its top consumer banking bosses to its executive committee as the British bank's new boss puts more focus on traditional banking after criticism of its rapid growth in higher risk investment banking.
Oct 2- The following are the top stories on the New York Times business pages on Tuesday. *New York's attorney general, under the aegis of a federal mortgage task force, filed a civil suit against Bear Stearns, now part of JPMorgan Chase& Co, asserting that it defrauded investors who purchased mortgage securities.
*New York's top prosecutor opened a new front in efforts to hold banks accountable for the financial crisis by filing a civil lawsuit against JPMorgan Chase& Co, alleging widespread fraud by the company's Bear Stearns unit in the sale of mortgage-backed securities. *The judge overseeing the patent dispute between Apple Inc.
NEW YORK, Oct 1- Hedge fund manager William Ackman is blaming Procter& Gamble's top management for the consumer products company's problems, but said he understands the board wants to give the CEO more time to repair years of damage.
AMEX PAYING REFUNDS, FINES: American Express is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged illegal late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. DECEPTIVE PRACTICES: Four federal agencies and Utah regulators reached settlements with the company.
WASHINGTON, Oct 1- American Express will refund $85 million to customers to resolve charges that three subsidiaries broke consumer protection laws across the credit card business, U.S. regulators said on Monday.