12 Quotes by Ed Groshans
- Author Ed Groshans
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He made the comment that there's nothing new. That alleviates a lot of the concerns in this stock.
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- Author Ed Groshans
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That could be bad news for American Express.
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MasterCard's going to become more competitive and focused on growing its bottom line rather than protecting the association,
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With that premium and given their size, its not clear that there would be a plethora of demand to buy something that large.
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You had good growth in the cards in force, you had good average spend on the cards, and the discount rate held in there steady. And they're still investing in their marketing programs. They still think there are attractive opportunities out there.
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The timing could not be worse, as is the fact that no successor is named and the search is just getting under way.
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That's making the 60 cents (a share earnings) look a lot softer. We're not too concerned about it. But if you want to call this a hit, it's not the best hit we've ever seen.
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- Author Ed Groshans
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You're starting to see a little bit of a relief rally.
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It's those incremental time savings that these merchants are looking for. They may lose sales if the lines are too long.
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