Posts Tagged ‘amex’
AMEX Offers $300 Gift Card to CLOSE Your Account
Monday, February 23, 2009 16:55 4 CommentsIn an effort to curb the growing loan deficiencies and defaults, American Express is offering its cardholders a $300 gift card to close their account and pay off the balance by May 1st.
The scheme comes as ratings agencies have warned that rising credit-card delinquencies could push the charge-off rate into the double digits by [...]
Brokers Break Down on Rising Volume
Monday, February 26, 2007 0:32 4 CommentsFebruary 26, 2007
There’s an old saying on Wall Street–”Where the broker-dealers go, so goes the market.”
After a day of heavy selling pressure, the AMEX broker-dealer index broke below the 50 day moving average. This is not a good sign for the health of the market.
Below we see the index breaking down after todays trading.
The following [...]
