NEW YORK, December 6, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com has initiated reports coverage on the following Financials sector stocks: American Express Co. (NYSE: AXP), Mastercard Inc. (NYSE: MA), The Western Union Co. (NYSE: WU), and SLM Corp. (NASDAQ: SLM). These companies belong to the Credit Services industry which originates, acquires, and services loans, such as mortgages, student loans, lines of credit, private equity and venture capital, to individuals and corporations. These firms are generally structured as corporations and offer above-average dividend yields. Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
New York headquartered American Express Co.'s shares rose 0.24%, finishing Monday's trading session at $72.03. A total volume of 3.91 million shares was traded. The stock has advanced 10.26% in the past month, 10.09% in the previous three months, and 5.58% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.13% and 13.68%, respectively. Moreover, shares of American Express, which together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide, have a Relative Strength Index (RSI) of 64.17.
On December 2nd, 2016, American Express announced that it plans to extend the effective date of its EMV Fraud Liability Shift for U.S. fuel merchants by three years, to October 2020. The extension will give U.S. fuel merchants increased flexibility in their fight against fraud by providing additional time to upgrade their automatic fuel dispenser systems to accept EMV chip cards. Free research report on AXP is available at: http://stock-callers.com/registration/?symbol=AXP
On Monday, shares in Purchase, New York headquartered Mastercard Inc. recorded a trading volume of 5.43 million shares, which was above their three months average volume of 4.02 million shares. The stock ended the session 2.42% higher at $103.55. The Company's shares have gained 5.02% in the previous three months and 7.22% since the start of this year. The stock is trading 0.45% above its 50-day moving average and 7.56% above its 200-day moving average. Furthermore, shares of Mastercard, which provides transaction processing and other payment-related products and services in the US and internationally, have an RSI of 49.76.
On November 30th, 2016, Mastercard introduced Decision Intelligence, a comprehensive decision and fraud detection service. The solution uses artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines. This is the first use of AI being implemented on a global scale directly on the Mastercard network. The complimentary research report on MA can be downloaded at: http://stock-callers.com/registration/?symbol=MA
Shares in Englewood, Colorado headquartered The Western Union Co. closed the day at $20.89, climbing 2.05% from the last trading session. The stock recorded a trading volume of 4.79 million shares, which was above its three months average volume of 3.87 million shares. The Company's shares have gained 5.61% in the last one month and 19.55% on an YTD basis. The stock is trading 2.63% and 5.96% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Western Union, which provides money movement and payment services worldwide, have an RSI of 53.82.
On November 17th, 2016, Western Union announced additional enrollment of over 6,700 Bank of China (BOC) locations into its retail network. BOC customers can now access Western Union® services in more than 10,000 BOC locations across all provinces in China. This expansion positions BOC as one of the largest Agent banks of Western Union in China. Visit us today and access our complete research report on WU at: http://stock-callers.com/registration/?symbol=WU
At the closing bell yesterday, shares in Newark, Delaware headquartered SLM Corp. ended 1.54% higher at $10.55. A total volume of 10.20 million shares was traded, which was higher than their three months average volume of 3.53 million shares. The stock has surged 50.50% in the last one month, 44.92% over the previous three months, and 61.81% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 31.44% and 49.90%, respectively. Furthermore, shares of SLM Corp., which together with its subsidiaries, operates as a saving, planning, and paying for education company in the US, have an RSI of 83.98.
On December 1st, 2016, Sallie Mae announced the appointment of Kirsten O. Wolberg to its board of directors, effective immediately. Ms. Wolberg has also been appointed to the board of directors of Sallie Mae Bank, Sallie Mae's Utah industrial bank subsidiary. Ms. Wolberg currently serves as Vice President of talent at PayPal. She brings more than 20 years of experience in technology management, strategy, product, finance, and operations.
On December 2nd, 2016, research firm FBR & Co. initiated an 'Outperform' rating on the Company's stock, issuing a target price of $13 per share. Get free access to your research report on SLM at: http://stock-callers.com/registration/?symbol=SLM
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