Financial Results, Extended Partnerships, Agreements, Dividends and Appointments - Research Report on American Express, MasterCard, Discover Financial Services, Western Union, and CIT Group

NEW YORK, October 22, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting American Express Company (NYSE: AXP), MasterCard Incorporated (NYSE: MA), Discover Financial Services (NYSE: DFS), Western Union Co. (NYSE: WU), and CIT Group Inc. (NYSE: CIT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

American Express Company Research Report

On October 16, 2013, American Express Company (American Express) reported its Q3 2013 results with net income of $1.4 billion, up 9.3% YoY, and diluted EPS of $1.25, up 14.7% YoY. American Express also posted consolidated total net revenues net of interest expense of $8.3 billion, up by 5.6% YoY, during the quarter. Chairman and CEO Kenneth I. Chenault said, "Despite an uncertain environment, we generated a healthy increase in revenues and stronger Card Member spending across all regions this quarter. Spending on our global network rose 7 percent (9 percent adjusted for currency translations) and Card Member loans continued the modest growth rates we have been seeing for the past several quarters." The Full Research Report on American Express Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/13d0_AXP]

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MasterCard Incorporated Research Report

On October 17, 2013, MasterCard Incorporated (MasterCard) announced the appointment of Sam Ahmed to the role of Group Head, Marketing, Asia/Pacific, Middle East and Africa (APMEA), with effect from October 14, 2013. According to the Company, Mr Ahmed will be based in Singapore and will oversee the management of the region's marketing teams, and will work to ensure that the Company's brand positioning is executed effectively. Mastercard further informed that he will also be responsible for the development of strategies and campaigns for MasterCard's advertising, sponsorships, promotions, as well as digital and consumer marketing initiatives across APMEA. The Company stated that prior to his new role Mr. Ahmed served as Vice President, Marketing & Category at Starbucks Coffee Asia Pacific. T.V. Seshadri, Group Executive, Global Products and Solutions, Asia/Pacific, Middle East & Africa, MasterCard said, "Given his extensive experience and stellar track record in leading transformational campaigns, Sam is well-placed to drive the growth of the MasterCard brand." The Full Research Report on MasterCard Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5205_MA]

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Discover Financial Services Research Report

On October 16, 2013, Discover Financial Services (Discover) announced that the Board of Directors of the Company has declared a quarterly cash dividend of $16.25 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B. According to the Company, the dividend equals c.$0.41 per depositary share that represents 1/40th interest in a share of the Series B Preferred Stock each. Discover stated that the dividend will be payable on December 2, 2013, to the holders of record at the close of business on November 15, 2013.The Company also informed that the Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock payable on November 21, 2013, to holders of record at the close of business on November 7, 2013. The Full Research Report on Discover Financial Services - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6cb3_DFS]

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Western Union Co. Research Report

On October 17, 2013, Western Union Co. (Western Union) announced that it has renewed its long-term collaboration for money-transfer services in France with La Banque Postale, the banking subsidiary of La Poste group, the postal services' operator in France. According to the Company, Western Union and La Banque Postale have been working together since 1996, offering a variety of innovative products and services for money transfers, serving their customers' financial needs to transfer money in a fast, convenient and reliable way. Marie-Elise Droga, France and Benelux Regional Director of Western Union said, "We are very pleased to again extend our long-term and successful relationship with La Banque Postale, which combines the best of both our companies. For our customers, we will continue to work together for further excellence in innovation and services, leveraging the breadth and talent of La Banque Postale's network and teams with our specialist know-how for offering convenient, reliable and competitive money transfers across the globe." The Full Research Report on Western Union Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/11b8_WU]

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CIT Group Inc. Research Report

On October 16, 2013, CIT Group Inc. (cit.com) announced that its business unit, CIT Maritime Finance (CIT France) has entered into a Cooperation Agreement with RS Platou Finans AS to aid CIT Finance's expansion into the leasing market. President of CIT Transportation Finance, C. Jeffrey Knittel said, "Through this agreement CIT Maritime Finance will have access to the RS Platou Group network of services, which will help us to further build a high quality portfolio of maritime assets." The Full Research Report on CIT Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4d4e_CIT]

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