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American Express Co

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  • Feb 19- U.S.-based telecom company IDT Corp has reached an agreement with Empresa de Telecomunicaciones de Cuba S.A., Cuba's national telecom provider, to provide international long distance telephony between the United States and Cuba directly. "This is an important first step in the liberalization of telecommunications between the U.S. and Cuba," said Bill...

  • *Priceline rallies after results, Wal-Mart down. NEW YORK, Feb 19- The Nasdaq rose for a seventh straight session on Thursday as Priceline shares jumped, while the Dow and S&P 500 eased following declines in energy shares and a disappointing outlook from Wal-Mart. A drop in shares of Wal-Mart Stores Inc weighed down the Dow after the company cut its sales outlook,...

  • NEW YORK, Feb 19- American Express Co violated U.S. antitrust law by prohibiting merchants from steering consumers to use credit cards that have lower processing costs, resulting in higher prices, a federal judge ruled on Thursday. The decision in the closely-watched case is the second major setback for American Express this month, following its loss on Feb. 12 of...

  • AmEx hit with latest blow over merchant rules Thursday, 19 Feb 2015 | 12:45 PM ET
    American Express, Visa and Mastercard signage are displayed in a shop window in New York.

    The credit card company's rules for merchants violate antitrust laws, a US judged ruled Thursday.

  • NEW YORK, Feb 19- American Express Co violated U.S. antitrust law by imposing rules that barred merchants from steering customers to use credit cards that have lower processing costs, a federal judge ruled on Thursday. The decision is the second major setback for American Express this month, following its loss on Feb. 12 of a lucrative co-branding relationship...

  • District Judge Nicholas Garaufis of Brooklyn, who last year oversaw a trial in which the U.S. Justice Department and 17 states accused Amex of harming competition, said he would come up with a remedy at a later date.

  • Can this Dow member go from worst to first? Thursday, 19 Feb 2015 | 9:57 AM ET

    When this blue chip stock fell 10 percent last week to a 52-week low, the small investor couldn't wait to buy it.

  • Stocks close off lows after Fed minutes; Exxon weighs Wednesday, 18 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mostly lower on Wednesday despite surprisingly dovish Fed minutes, amid apparent progress in the Greece-euro zone negotiations.

  • Traders are betting on quick bounce from this Dow stock Wednesday, 18 Feb 2015 | 11:19 AM ET

    Despite the sell-off in American Express, some options traders are betting on a quick rally this week.

  • Traders work on the floor of the New York Stock Exchange, Feb. 9, 2015.

    U.S. stocks closed higher on Tuesday after encouraging reports out of Greece sent the S&P 500 to a record.

  • PALO ALTO, Calif., Feb 13- President Barack Obama asked U.S. executives on Friday for closer cooperation in defending against hackers after high-profile attacks on companies like Sony that exposed weaknesses in America's cyber defenses. Speaking at Stanford University, Obama told Silicon Valley and financial services CEOs that they needed to share more...

  • NEW YORK, Feb 13- The S&P 500 index closed at a record high on Friday, as energy shares gained with oil prices, while the Nasdaq composite index hit a 15- year high helped by technology stocks. Equities rallied this week after a ceasefire agreement between Ukraine and Russia and apparent progress toward a deal on Greek debt. A strong report by Cisco Systems Inc...

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed at highs on Friday, with the S&P 500 setting a new record as firming oil prices sent the energy sector higher.

  • NEW YORK, Feb 13- U.S. stocks advanced on Friday, with the S&P 500 scaling a new intraday record as rising oil prices boosted energy stocks, but a decline in utilities limited gains. Traders held off on making big bets on the last day before a long weekend to avoid extended exposure in case of any negative news, particularly from Europe, where Greece is involved in debt...

  • NEW YORK, Feb 13- U.S. stocks advanced modestly on Friday, as the S&P 500 scaled a new intraday record, helped by investor optimism regarding Greece and Ukraine and upbeat German growth data. Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger 2015 for Europe's biggest economy. Equities have rallied this...

  • 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...

  • What traders are focused on ahead of the open Friday, 13 Feb 2015 | 8:03 AM ET
    Traders on the floor of the New York Stock Exchange.

    With apparent settlement for the monthslong tension between Russia and Ukraine, investors will keep an eye on oil and further developments in Greece.

  • Oil, global issues remain in focus on Wall Street Friday, 13 Feb 2015 | 6:06 AM ET
    Traders on the floor of the New York Stock Exchange.

    With apparent settlement for the monthslong tension between Russia and Ukraine, investors will keep an eye on oil and further developments in Greece.

  • *Ceasefire deal reached between Ukraine, Russia. *TripAdvisor soars on results; Expedia to buy Orbitz. NEW YORK, Feb 12- U.S. stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15- year high, while a ceasefire agreement between Russia and Ukraine also eased tensions.

  • Traders work on the floor of the New York Stock Exchange.

    Stocks closed sharply higher as investors cheered a deal between Russia and Ukraine, amid firming oil prices and strong earnings reports.