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>> AMERICAN EXPRESS Latest News

MAY 04, 2016 - Zero Hedge

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US Worker Productivity Slumps At Worst Rate In 23 Years

Despite a very modest beat of expectations US worker productivity fell for the 2nd quarter in a row (down 1.0% vs 1.3% QoQ), the two-quarter-average output per hour isdown 1.4% - the worst slump since 1993. Unit labor costs rose by a better than expected 4.1% (helped by a downwardly revised 2.7% rise in Q4), the highest since Q4 2014. ...

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MAY 03, 2016 - Benzinga

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Goldman Says Sell American Eagle, Abercrombie, Express Heading Into Q1 Prints

Macro data and an analysis of pricing and promotional activities by specialty apparel retailers indicate that the healthy momentum witnessed in 4Q had deteriorated in 1Q, especially March. Goldman Sachs’ Lindsay Drucker Mann maintained a Cautious Stance on the Specialty Apparel Retail segment. Latest Ratings for AEO DateFirmActionFromTo Apr 2016BMO CapitalDowngradesOutperformMarket Perform Apr 2016Deutsche BankInitiates Coverage onHold Jan 2016BB&T CapitalDowngradesBuyHold ...

Tags: Goldman Says Sell American Eagle, Abercrombie, Express Heading Into Q1 Prints,  American Express Latest News

MAY 02, 2016 - Zero Hedge

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America's Plunging Worker Productivity Explained (In 1 Depressing Chart)

The US became an unsustainable service sector based economy from the 1970s onward when service sector employment diverged from manufacturing without a corresponding boost in productivity. Even Alan Greenspan has warned that America is "in trouble basically because productivity is dead in the water..." There are numerous reasons for this plunge in worker-productivity, from perverted inventives not to work to ...

Tags: America's Plunging Worker Productivity Explained (In 1 Depressing Chart),  American Express Latest News

MAY 02, 2016 - Yahoo! News

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15 Women-led Startups to Watch in 2016

Between 1997 and 2014, the number of women-owned businesses in the U.S. rose by 68%, twice the growth rate for men and nearly 1.5 times the rate for all companies, according to a report commissioned by American Express OPEN. There are 1.5 million businesses owned by Black women. These businesses generate over $44 billion a year in revenue (via...

Tags: 15 Women-led Startups to Watch in 2016,  American Express Latest News

MAY 02, 2016 - St. Louis Post-Dispatch

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