American Express adds 10 million new accounts

American Express adds 10 million new accounts

Payment-card issuer saw its revenue and earnings slip in the latest quarter, but added millions of new accounts in 2016.
AMERICAN EXPRESS CO. (New York symbol AXP, www.americanexpress.com) is one of the world’s largest issuers of payment cards, with 109.9 million cards in use across 130… Read More

Acquisition boosts Birchcliff Energy cash flow

Acquisition boosts Birchcliff Energy cash flow

The Canadian oil producer experienced a double-digit gain in cash flow thanks an acquisition that expanded output by 50%.
BIRCHCLIFF ENERGY (Toronto symbol BIR; www.birchcliffenergy.com) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C.
In the… Read More

Top telecom reaches for new market

Top telecom reaches for new market

The integration of AT&T’s latest acquisition hurt earnings in the latest quarter, although the deal is poised to add to revenue, profit and dividends in the long-term.

The U.S. is poised to loosen rules for telecommunication companies, which should create growth opportunities for AT&T.

More specifically, the… Read More