Two Ways: Amex Up As Cardholders Pay Down
Wed, 15 Apr 2009 15:15:00 -0700
April 15th, 2009 | No Comments | Posted in All, Featured, Minyanville | By Minyanville Shares of American Express (AXP) jumped today after data showed a stabilization in the ability of cardholders to pay their bills in March. According to Bloomberg the largest US credit card company by purchases said writeoffs on US loans deemed uncollectible rose to 8.8% in March after increasing to 8.6% in February and 8.1% in January. American Express was also able to sell previously written off cardmemb
Travel Agents Booking Trips to Cuba Win Suit (New York Times)
Tue, 14 Apr 2009 19:56:14 -0700
Florida travel agencies that book trips to Cuba gained a victory when a federal district judge overturned a state law that required them to post a bond of $250,000 each.
Wednesday, April 15, 2009
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