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Amex Profit Falls As Cardholders Struggle - San Francisco Gate
the results were better than anticipated, and propelled amex's shares higher. still, the company's report echoed recent results from jpmorgan chase & co., citigroup inc. and capital one financial corp. showing that the credit-card environment is ...
www.sfgate.com

How To Stop The Flood Of Credit Card Offers
sheryl harris writes this column in the plain dealer on sundays.previous columns onlineplain dealinga weekly column about consumer affairsq: how can i stop getting credit card solicitations from chase? today i received four solicitations from chase card services, some...
blog.cleveland.com

Bad Credit Card Debt Is Expected To Reach $100b
a massive tidal wave of bad credit card debt is surging toward wall street, prompting more investor panic and pushing more consumers to the brink of financial devastation.
www.eastvalleytribune.com

Amex Earnings Down But Better Than Forecasts - Cnn Money
new york (cnnmoney.com) -- american express reported a 24% decline in earnings for the third quarter monday. but the results were better than expected, sending shares of the credit card giant significantly higher after hours. the company said it ...
money.cnn.com

Credit Card Cos Fall On Retail Sales, Jpmorgan Ceo's Comments - Wall Street Journal
new york (dow jones)--shares of visa inc. (v) and other credit card stocks fell wednesday after jpmorgan chase & co.'s (jpm) chief executive said the company is gaining market share from the transaction-processing giant at a time of the worst sales ...
online.wsj.com

Moody's: Credit Card Charge-offs Rise In August
moody's investors service said credit card charge-offs rose 48 percent in august, according to the ratings agency's latest data on $435 billion in credit card loans backing securities moody's rates.
biz.yahoo.com

Credit Card Defaults Rising, Banks Say
credit card defaults are rising among u.s. consumers in an already tightening credit environment, various banks said.j.p. morgan chase said credit card account defaults rose 45 percent in the third quarter compared with the same period a year ago. the bank predicted 7 percent of their credit card loans would be in default in 2009, the washington post reported thursday.capital one, also expects ...
economie.moldova.org

Jpmorgan Chase Posts Surprise Profit - Cnn Money
new york (cnnmoney.com) -- jpmorgan chase reported a surprise quarterly profit wednesday, even as the company took a hit related to its purchase of failed savings and loan washington mutual and $3.6 billion in writedowns. the new york city-based bank ...
money.cnn.com

Earnings: Jpmorgan Chase Braces For Loan Losses - Seattle Post Intelligencer
the new owner of washington mutual's banking operations, jpmorgan chase & co., reported sharply lower earnings for the third quarter wednesday, in part because of huge additions to loan loss reserves to cover bad loans it inherited from the seattle ...
seattlepi.nwsource.com

Amex Earnings Down But Better Than Forecasts
american express reported a 24% decline in earnings for the third quarter monday. but the results were better than expected, sending shares of the credit card giant significantly higher after hours.
money.cnn.com

American Express Profit Beats Analysts' Estimates (update1)
oct. 20 (bloomberg) -- american express co ., the biggest u.s. credit-card company by purchases, rose 9 percent in late trading after third-quarter earnings beat analysts' estimates on rising revenue.
www.bloomberg.com

Banks Hoard Cash As Credit Card Defaults Rise - Washington Post
consumers are increasingly unable to pay off their credit cards, forcing banks to hoard cash to protect against future losses and lend to fewer people, according to reports yesterday from several of the nation's largest banks. these financial ...
www.washingtonpost.com

American Express Profit Falls As Cardholders Restrain Spending ... - News1130.com
new york - american express co. said monday its profit fell 24 per cent in the third quarter as cardholders restrained their spending and had more trouble paying down debt. the results were better than anticipated, and propelled amex's shares higher ...
www.news1130.com

American Express Profit Beats Analysts' Estimates (update2)
oct. 20 (bloomberg) -- american express co ., the biggest u.s. credit-card company by purchases, rose 9 percent in late trading after third-quarter earnings beat analysts' estimates.
www.bloomberg.com

Credit Card Defaults Rising, Banks Say
new york, oct. 16 (upi) -- credit card defaults are rising among u.s. consumers in an already tightening credit environment, various banks said.
www.upi.com

Bank Bond Risk Falls Amid Signs Credit Markets May Be Thawing - Bloomberg
oct. 20 (bloomberg) -- the cost to protect against defaults by u.s. banks fell as money-market rates declined in a sign that central bank efforts to unfreeze interbank lending are starting to help. credit-default swaps on morgan stanley , citigroup ...
www.bloomberg.com

Park Slips To 3q Loss On Florida Write-down - Columbus Business Journal
park slashing florida bank’s remaining goodwill value park national slashing florida bank’s goodwill value activist group targets $50 billion from wells, chase ohio bankers brood over florida park national sells credit card portfolio a write-down ...
columbus.bizjournals.com

Banks Hoard Cash As Credit Card Defaults Rise
consumers are increasingly unable to pay off their credit cards, forcing banks to hoard cash to protect against future losses and lend to fewer people, according to reports yesterday from several of the nation's largest banks.
www.washingtonpost.com

Tax Office Takes Credit, Debit Payments
the galveston county tax office has announced that her offices will begin accepting over-the-counter debit and credit cards beginning in october, according to tax assessor/collector cheryl johnson.
www.hcnonline.com

Credit Card Terms Taking Turns For Worse - Cbs News
feeling the squeeze? here's a look at actions and statements from key players in washington. (cbs) the impact of ultra-tight credit markets is hitting your credit cards, and you might not even realize it. on the early show tuesday, financial ...
www.cbsnews.com