Another nail in the coffin of American Express? It could be so after Costco announced that it would be replacing the fledgling credit card company with an exclusive co-branded program with Visa and Citigroup beginning Apr. 1, 2016. The warehouse club retailer stated Monday it … [Read more...]
Stocks Close Higher on Fiscal Cliff Optimism
After Senate Majority Leader Harry Reid’s Tuesday remarks concerning lack of progress in fiscal cliff talks caused the market to slump, it rebounded Wednesday when House Speaker John Boehner told reporters he was optimistic a deal would be reached before the Dec. 31 deadline. The Dow … [Read more...]
Costco Dividend Silver Lining to Fiscal Cliff
Costco announced they will be distributing a special dividend to stockholders next month. The company already had plans to pay their quarterly dividend of 27.5 cents per share, which they will pay in addition to the one time special dividend. The special dividend comes at a time that … [Read more...]
