Growing Your Business, Networking Tips and Working with Smaller Clients
Kristan Wojnar, RCC™
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This week we are examining the topics of blocks that keep you from...
The company reported net income of $1.44 billion, or $1.39 per share, up from $1.3 billion, or $1.21 per share, a year ago. Analysts expected to see earnings of $1.38 per share.
Revenue
Revenue rose 7% to $9.11 billion from $8.55 billion in the year prior. Analysts expected to see revenue of $8.53 billion.
Job Cuts
The company reported that it will cut 4,000 jobs, or 6% of its workforce as it restructures the company. AXP noted that it may also be creating new jobs to boost efficiency.
While its valuation is not overly expensive at just 14x 2015 earnings estimates, investors and fund managers may take a “wait and see” approach with shares.
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market | 1.68% |
FCNTX | Fidelity® Contrafund® | 1.42% |
NYVTX | Davis NY Venture | 1.33% |
Receive email updates about best performers, news, CE accredited webcasts and more.
Kristan Wojnar, RCC™
|
This week we are examining the topics of blocks that keep you from...
News
Iuri Struta
|
The market has continued its poor performance over the past two weeks, with...
Daniel Cross
|
By effectively balancing out your stock selections in your investment portfolio, you can...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...
The company reported net income of $1.44 billion, or $1.39 per share, up from $1.3 billion, or $1.21 per share, a year ago. Analysts expected to see earnings of $1.38 per share.
Revenue
Revenue rose 7% to $9.11 billion from $8.55 billion in the year prior. Analysts expected to see revenue of $8.53 billion.
Job Cuts
The company reported that it will cut 4,000 jobs, or 6% of its workforce as it restructures the company. AXP noted that it may also be creating new jobs to boost efficiency.
While its valuation is not overly expensive at just 14x 2015 earnings estimates, investors and fund managers may take a “wait and see” approach with shares.
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market | 1.68% |
FCNTX | Fidelity® Contrafund® | 1.42% |
NYVTX | Davis NY Venture | 1.33% |
Receive email updates about best performers, news, CE accredited webcasts and more.
Kristan Wojnar, RCC™
|
This week we are examining the topics of blocks that keep you from...
News
Iuri Struta
|
The market has continued its poor performance over the past two weeks, with...
Daniel Cross
|
By effectively balancing out your stock selections in your investment portfolio, you can...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...