International Business News - Express 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 Orient-Express Hotels Ltd. said a proposal by two dissident shareholder to change the company's corporate structure was rejected at a special meeting on Friday. http://www.ibtimes.com/articles/20081010/orient-express-says-dissident-proposal-is-defeated.htm Fri, 10 Oct 2008 10:36:46 EDT Wright Express Corp. is the latest Maine company to announce layoffs. The company says it is laying off 22 of its 730 employees. Twelve of the people work in the company's headquarters in South Portland. http://www.ibtimes.com/articles/20081009/wright-express-says-it-will-lay-off-22-employees.htm Thu, 09 Oct 2008 11:24:25 EDT A Deutsche Bank analyst cut his rating for Orient-Express Hotels Ltd. to "Hold" from "Buy" Wednesday, due in part to the hotel and tourist train company's heavy exposure to the European leisure market. http://www.ibtimes.com/articles/20081008/ahead-of-the-bell-orient-express-hotels.htm Wed, 08 Oct 2008 08:38:28 EDT An analyst on Tuesday lowered his price target and earnings estimates for American Express Co. due to the expectation for higher funding costs as the credit markets remain volatile. http://www.ibtimes.com/articles/20081007/analyst-cuts-estimates-price-target-for-amex.htm Tue, 07 Oct 2008 12:51:06 EDT As the annual meeting for Orient-Express Hotels Ltd. draws near, proxy advisers are lining up on both sides of a proposed change to the company's bylaws. http://www.ibtimes.com/articles/20081006/orient-express-announces-support-of-proxy-adviser.htm Mon, 06 Oct 2008 17:59:58 EDT A group of dissident investors in Orient-Express Hotels Ltd. said Friday that a major proxy voting advisory firm has recommended that shareholders vote for its proposed changes to the hotel company's corporate structure. http://www.ibtimes.com/articles/20081003/orient-express-dissidents-gain-proxy-firm-support.htm Fri, 03 Oct 2008 10:28:06 EDT Among the stock activity stories for Tuesday, Sept. 30, from AP Financial News: NEW YORK (AP)--Shares of Express Scripts Inc. made a strong recovery Tuesday, as investors shrugged off a large trade at an unusually low price at Monday's close. http://www.ibtimes.com/articles/20080930/movers-roundup-express-scripts-citigroup.htm Tue, 30 Sep 2008 15:05:13 EDT Shares of Express Scripts Inc. made a strong recovery Tuesday, as investors shrugged off a large trade at an unusually low price at Monday's close. Shares of the St. Louis-based pharmacy benefits manager rose $9.99, or 15 percent, to $76.58 in Tuesday trading. At the close of trading Monday, a single investor sold 236,000 Express Scripts shares at a price of $66.59 per share--well below the stock's level at the time. http://www.ibtimes.com/articles/20080930/express-scripts-rises-following-late-monday-tumble.htm Tue, 30 Sep 2008 12:10:20 EDT FedEx Corp. received a contract from the U.S. Transportation Command worth up to $58.7 million for a variety of door-to-door transportation services, the Pentagon said late Friday. http://www.ibtimes.com/articles/20080929/federal-express-gets-58-7m-pentagon-deal.htm Mon, 29 Sep 2008 15:20:58 EDT Forward Air Corp., an air cargo industry contractor, said Tuesday a subsidiary has agreed to buy certain assets of privately held distributor Service Express Inc. http://www.ibtimes.com/articles/20080902/forward-air-buying-assets-of-service-express.htm Tue, 02 Sep 2008 14:10:09 EDT Wright Express Corp., a payment and information services supplier for the vehicle fleet industry, said Friday it completed a $9 million purchase of a New Zealand provider of fuel card processing software solutions. http://www.ibtimes.com/articles/20080829/wright-express-wraps-9m-buy-of-new-zealand-co.htm Fri, 29 Aug 2008 11:50:28 EDT Shares of American Express Co. jumped Friday, along with the broader market, as Wall Street rallied on speculation that troubled investment bank Lehman Brothers Holdings Inc. could be bought. http://www.ibtimes.com/articles/20080822/american-express-shares-gain-along-with-market.htm Fri, 22 Aug 2008 17:49:09 EDT While credit performance at American Express Co. remains an ongoing concern, earnings could also be pressured by higher funding costs, said a Friedman, Billings, Ramsey & Co. analyst in a research note released Thursday. http://www.ibtimes.com/articles/20080821/amex-faces-higher-funding-costs-analyst-says.htm Thu, 21 Aug 2008 12:22:12 EDT Shares of credit card issuer American Express Co. fell, along with the broader market, as disappointing data on inflation and housing stirred fresh concerns about the economy. http://www.ibtimes.com/articles/20080819/american-express-shares-fall-on-weak-economic-data.htm Tue, 19 Aug 2008 19:37:51 EDT Staples Inc. said Tuesday its integration of Dutch office supply company Corporate Express is well under way, and its three-year plan includes cost savings of $200 million to $300 million. http://www.ibtimes.com/articles/20080819/staples-offers-details-on-corporate-express-tie-up.htm Tue, 19 Aug 2008 07:37:20 EDT Shares of American Express Co. fell Monday as analysts noted increased rates of delinquencies and defaults in July for the credit card lender, and forecast higher than expected credit costs over the next six to nine months. http://www.ibtimes.com/articles/20080818/amex-shares-fall-higher-credit-costs-seen.htm Mon, 18 Aug 2008 19:31:02 EDT Shares of American Express Co. fell Wednesday, as analysts reduced their forecasts for the company's third quarter results. American Express shares shed $1.16 cents, or 3 percent, to close at $36.89. Its shares have traded between $35.10 and $63.63 in the last 12 months. http://www.ibtimes.com/articles/20080813/american-express-shares-fall-on-3q-estimates.htm Wed, 13 Aug 2008 16:20:52 EDT Pharmacy benefit manager Express Scripts Inc. spent $210,000 lobbying in the second quarter on issues affecting pharmacies, prescription drugs and health information technology, according to a recent disclosure form. http://www.ibtimes.com/articles/20080813/express-scripts-spent-210k-lobbying-govt-in-2q.htm Wed, 13 Aug 2008 13:59:00 EDT Credit-rating agency Moody's on Thursday said it has placed the long-term ratings of American Express Co. and American Express Travel Related Services Co. Inc. on review for a possible downgrade. http://www.ibtimes.com/articles/20080807/moodys-places-american-express-on-review.htm Thu, 07 Aug 2008 16:28:51 EDT Shares of Orient-Express Hotels Ltd. dropped on Wednesday after a UBS Investment Research analyst downgraded the luxury hotel operator's stock, saying that the chance of a buyout is now less likely. http://www.ibtimes.com/articles/20080806/orient-express-shares-drop-after-analyst-downgrade.htm Wed, 06 Aug 2008 15:21:14 EDT