International Business News - AXP http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif General Motors Corp. shares took the biggest loss on the Dow Jones industrial average Friday, following a jump in oil prices and a surprise rise in home construction. http://www.ibtimes.com/articles/20080516/djia-leaders-laggards-gm-cvx.htm Fri, 16 May 2008 16:58:37 EDT Among the stock activity stories for Friday, May 16, from AP Financial News: NEW YORK (AP) _ Shares of Melco PBL Entertainment Inc. fell Friday as investors largely discounted the benefits of the company's agreement with A-Max Holdings, according to an analyst. http://www.ibtimes.com/articles/20080516/movers-roundup-melco-pharmasset.htm Fri, 16 May 2008 14:32:46 EDT General Motors Corp. shares took the largest midday loss on the Dow Jones industrial average Friday, giving back some of their Thursday gains. The blue chip index lost 87.85 points to 12,904.81. http://www.ibtimes.com/articles/20080516/midday-leaders-laggards-djia.htm Fri, 16 May 2008 13:01:04 EDT Shares of American Express Co. fell Friday as the company's April delinquency data showed more customers are missing payments and an analyst said the stock is vulnerable for at least the next six months. http://www.ibtimes.com/articles/20080516/american-express-shares-fall-as-payment-rates-dip.htm Fri, 16 May 2008 17:21:27 EDT Americans' increasing preference for paying with plastic has pitted retailers against credit card companies in a dispute over the cost of the billions of transactions. http://www.ibtimes.com/articles/20080515/retailers-assail-credit-card-fees-in-house-hearing.htm Thu, 15 May 2008 16:43:22 EDT Americans' increasing preference for paying with plastic has pitted retailers against credit card companies in a dispute over the cost of the billions of transactions. http://www.ibtimes.com/articles/20080515/retailers-assail-credit-card-fees-in-house-hearing.htm Thu, 15 May 2008 15:37:01 EDT Retailers and consumer groups will take a swipe at the credit card industry Thursday, as they urge members of Congress to change the way card companies set the fees merchants pay on electronic transactions. http://www.ibtimes.com/articles/20080515/ahead-of-the-bell-credit-card-fee-fight.htm Thu, 15 May 2008 06:21:29 EDT The outlook in consumer finance is bleak, Moody's Investors Service said in a report Tuesday, as the economy has likely slipped into recession and lenders struggle with bad credit. http://www.ibtimes.com/articles/20080513/moodys-outlook-bleak-for-consumer-finance.htm Tue, 13 May 2008 11:21:31 EDT Is a baseball pitcher's method for throwing a curveball patentable? How about a chiropractor's techniques? A federal appeals court wrestled with those kinds of questions Thursday when it considered placing restrictions on patent protections for business practices. The case under review is being closely watched by financial services and software companies. http://www.ibtimes.com/articles/20080508/court-weighs-whether-to-restrict-business-method-patents.htm Thu, 08 May 2008 17:50:40 EDT Shares of major credit card companies mostly fell Friday as investors awaited a vote from the Federal Reserve and other regulators on the approval of proposed rules that would crack down on deceptive practices in the credit industry. http://www.ibtimes.com/articles/20080502/sector-snap-credit-cards-mostly-fall-ahead-of-fed-vote.htm Fri, 02 May 2008 13:10:34 EDT Home Depot Inc. made the largest midday gains on the Dow Jones industrial average Thursday after the home improvement retailer said it will close 15 stores and curb expansion. http://www.ibtimes.com/articles/20080501/midday-leaders-laggards-djia.htm Thu, 01 May 2008 12:39:33 EDT Wall Street ended its second straight winning week with a moderate advance Friday, overcoming concerns about consumer confidence and inflation. After slumping early in the session in response to weak consumer confidence and a spike in oil prices, investors seemed to turn their attention to broader signs, including the week's generally satisfactory earnings reports, that suggested that government efforts to steady the economy appear to be working. That shift in focus sent stocks up late in the day. http://www.ibtimes.com/articles/20080425/dow-ends-up-43-as-many-investors-overcome-economic-worries.htm Fri, 25 Apr 2008 18:40:55 EDT Stocks that are moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080425/microsoft-goodyear-tire-american-express-big-market-movers.htm Fri, 25 Apr 2008 15:36:45 EDT Wall Street made a second attempt at a rally in late trading Friday after an early advance fizzled when a consumer sentiment reading fell to its lowest level in more than 25 years. A disappointing forecast from Microsoft Corp. weighed on technology issues, and a spike in oil prices put further pressure on stocks. http://www.ibtimes.com/articles/20080425/stocks-turn-up-despite-consumer-survey-inflation-worries.htm Fri, 25 Apr 2008 15:13:24 EDT MasterCard Inc.'s president and chief executive, Robert W. Selander, received compensation valued at $11 million in 2007, according a regulatory filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080425/mastercard-ceo-gets-paid-11-million-for-2007.htm Fri, 25 Apr 2008 13:08:07 EDT An early advance fizzled on Wall Street Friday after a consumer sentiment reading fell to its lowest level in more than 25 years and a disappointing forecast from Microsoft Corp. weighed on technology issues. A spike in oil prices put further pressure on stocks. http://www.ibtimes.com/articles/20080425/stocks-decline-on-consumer-survey-earnings-and-inflation.htm Fri, 25 Apr 2008 12:28:00 EDT An early advance fizzled on Wall Street Friday after a consumer sentiment reading fell to its lowest level in more than 25 years and a disappointing forecast from Microsoft Corp. weighed on technology issues. A spike in oil prices put further pressure on stocks http://www.ibtimes.com/articles/20080425/stocks-off-on-consumer-survey-earnings-and-inflation.htm Fri, 25 Apr 2008 11:49:59 EDT Credit ratings agency Standard & Poor's said Friday American Express' 6 percent decline in earnings will not affect the credit card lender's investment-grade "A+" rating. http://www.ibtimes.com/articles/20080425/s-p-says-american-express-ratings-unaffected-by-1q-earnings.htm Fri, 25 Apr 2008 10:38:58 EDT Among the earnings stories for Thursday, April 24, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080424/earnings-roundup-conocophillips-american-express.htm Thu, 24 Apr 2008 18:58:31 EDT Major business events and economic events scheduled for Thursday: WASHINGTON _ Commerce Department reports on durable goods orders for March, 8:30 a.m. http://www.ibtimes.com/articles/20080423/calendar-of-major-business-events-scheduled-for-thursday.htm Wed, 23 Apr 2008 14:10:50 EDT