Express (EXPR) stock prices updated...
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Express stock price, EXPR
Express stock chart:
Express close price: 8.54
Stock price forecast:
UP TO +10.30%
Total forecasts: 89
Reached: 42 (47.19%)
Total Win: 27.06 (256.89%)
Showing 1-10 of 516 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Express latest news:
Business Roundtable CEOs Express Pessimism on GDP
Express shares slide to record low after first-quarter outlook disappoints
MKM Partners says shrinking operating margins are a negative, but there are some positives to come in the second half. Shares of teen retailer Express Inc. (EXPR) slid to a record low Wednesday after the company provided a downbeat outlook for its first fiscal quarter along with declines in fourth-quarter profit and sales. The stock tumbled 12% to an intraday low of $9.03, its lowest level since it went public in May 2010 at an issue price of $17..
Express shares slide 13% to record low after company disappoints with grim outlook
Shares of teen retailer Express Inc. slid to a record low Wednesday, after the company provided a downbeat outlook for the fiscal first quarter along with declines in fourth-quarter profit and sales. MKM Partners noted a 640 basis point decline in operating margins and said the outlook for the first quarter was particularly disappointing. "While we appreciate the environment was exceptionally tough in early February, guidance suggests that 1Q will not be an inflection quarter despite the reduced SKU (shelf keeping unit) count and improvement to merchandise vs. last year," analyst Roxanne Meyer wrote in a note. "This creates a bit lower visibility for the pace of improvement in 2Q as well, and could serve as an overhang for the stock near-term, in our view." MKM rates the stock neutral with a price target of $11. The stock fell 13% to $9.33 in early trade, and is down 51% in the last 12 months, while the S&P 500 has gained about 20%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Facing new competition, AmEx polishes up the Platinum Card
American Express is announcing a new set of features for its Platinum Card, the popular charge card aimed at well-off and frequently traveling customers
Tesco to replace 1,700 managers with lower-paid staff
Deputy managers at the chain's Express convenience stores will be replaced by "shift leaders".
Britain raises concerns with GM over possible Vauxhall sale to France's PSA
Britain has contacted the president of General Motors to express concerns after the American firm opened talks to sell its European operations, including the Vauxhall plants in England, to France's PSA Group .
Leaders of American Airlines pilots' union blast CEO
Leaders of pilots' union express 'no confidence' in CEO; flight attendants are picking the company
U.S. business leaders express concerns to Trump about travel ban
WASHINGTON (Reuters) - Chief executives of major U.S. companies huddled with President Donald Trump at the White House on Friday and some of them expressed concern about a travel ban on people from seven Muslim-majority countries traveling to the United States.
GM to Funnel Off-Lease Volume Into Rideshare Program
General Motors Co. will use record-high lease returns as extra supply for its rideshare leasing partnership with Lyft — called Express Drive — said Peter Kosak, executive director of urban mobility programs at GM. “Where we’re growing our lease business, [mobility] is a growing opportunity for us because we haveRead More
American Express Misses Forecasts, Hurt by Costco Loss
American Express' profit fell 8 percent from a year ago, hurt by the loss of the Costco credit card business and higher expenses to retain customers
AmEx profit misses estimates on higher marketing spend
American Express Co posted a lower-than-expected quarterly profit on Thursday as the credit card issuer boosted spending on marketing and promotion to fend off rising competition.
AmEx profit falls 8.2 percent
American Express Co's quarterly profit fell 8.2 percent as the credit card issuer boosted spending on marketing and promotion to fend off rising competition.
AmEx Profit Lags Estimates as Chenault Invests 35% More in Marketing
American Express posted lower profit in the last three months of 2016 than analysts expected as CEO Kenneth Chenault boosted spending on marketing and promotion by 35% to replace some of the revenue lost with the Costco portfolio.
American Express shares up slightly after company's quarterly sales beat expectations
Shares of American Express Co. rose slightly late Thursday after the credit card company reported fourth-quarter earnings below expectations but quarterly sales slightly above forecasts. American Express said it earned $825 million, or 88 cents a share, in the quarter, compared with $899 million, or 89 cents a share, in the year-ago period. Sales rose to $8 billion, down from $8.4 billion a year ago. Analysts polled by FactSet had expected earnings of 98 cents a share on sales of $7.9 billion. The quarter included higher spending on growth initiatives, largely marketing and promotion expenses, the company said in a statement. Shares of American Express ended the regular trading down 1%, which compares with losses of 0.4% for the S&P 500 index . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. loses bid to overturn AmEx antitrust decision
A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees.
UPDATE 2-U.S. loses bid to overturn AmEx antitrust decision
NEW YORK, Jan 5 (Reuters) - A federal appeals court on
Thursday rejected the U.S. government's request that it
reconsider its decision allowing American Express Co to
stop merchants from encouraging customers to use rival cards
that charge lower fees.
Travelers, American Express Sink DJIA Thursday
Meredith approaches Time Inc over potential merger: Bloomberg
(Reuters) - Media company Meredith Corp has contacted Time Inc to express intent in a potential merger, Bloomberg reported, citing people familiar with the matter.
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