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NEW YORK – Earnings American Express Co. (Amex) reportedly dropped 22 percent. The decline in income from credit card companies is due to low increased credit losses.
As quoted by the Associated Press (AP), Friday (23/10/2009), investors were looking at this report with caution, because it can make the stock price fell 34 cents to $ [...]
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Economy
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10 24th, 2009
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Tags: amercian report, american bad loan, american consumers, american economy, american express, american express credit card, american express loan, american loan, american property, american revenue, american stock, amex card, amex card declined, bad loan, bad lona, business growth, card business, cardholder american, cardholder amex, credit business, credit card business, economic challenges, economic progress, economic turmoil, express revenue, financial officer, secound quarter, stock price, unemployment rising
European Union (EU) concerned the weakening United States dollar (USD) and the yuan would reduce Europe’s comparative advantage goods. This week the euro climbed while U.S. and the yuan’s dollar fell.
EU President Jean Claud Juncker, European Central Bank Governor (ECB) Jean-Claude Trichet, and the Commissioner of Economic and Monetary Policy Joaquin Almunia, the EU will [...]
Super-rich people in the United States getting poorer? Yes, based on the calculation of business magazine Forbes, the value of property in the State Uwak billionaire Sam was slumped to 300 billion U.S. dollars or in exchange Rp 10,000 to reach Rp 3.000 trillion! in just 12 months, from 1.57 trillion U.S. dollars to “live” [...]
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Portfolio
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10 6th, 2009
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Tags: bill gates, christy walton, energy entrepreneur, gross domestic product, larry ellison, millionare losing, millionare wealth, real estate prices, rich billionare, rich finance, rich financial, rich larry, rich man, rich people, riches man, super rich, super rich people, united states rich, us finance