EdgeWater 10/18/2010 10:46:54 PM
News / Business

Top NYSE Financial Stocks (MA, Citigroup Inc., AXP, DFS)

Top NYSE Financial Stocks

MasterCard Incorporated (NYSE:MA) jumped 0.49% to $234.85 after JPMorgan Chase & Co., this week, reported a 6.6 percent increase in credit-card spending. The stock went up more than 19% in the last one month of trading sessions.

Over the past 52-week, the stock traded within the range of $191-$269.88.

Citigroup Inc. (NYSE:C) went up 2.78% to $4.06. The company that its third quarter net income rose to $2.17 billion, or 7 cents a share including preferred dividens, versus a $101 million profit, and a per share loss of 27 cents a year ago.

Citi's third quarter revenue was $20.7 billion, compared to $23.1 billion a year ago.

Analysts polled by FactSet Research had expected the company to earn 6 cents a share on revenue of $21.18 billion.

American Express Company (NYSE:AXP) was last week upgraded to Buy from Neutral by SunTrust Robinson Humphrey. The firm set a price target of $47. Shares of AXP are 0.36% down at $38.95.

Discover Financial Services (NYSE:DFS) is 0.64% higher to $17.21. Earlier this month, the company reported that on October 6, 2010, Roy A. Guthrie, Executive Vice President and Chief Financial Officer of Discover Financial Services, notified the company of his intent to retire in the summer of 2011.

At current market price, the market capitalization of the stock stands at $9.37 billion.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html