Quick opinions on some quarterly earnings: AXP, MRK, MCD, NYT, UP ... - Steven Mallas

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Quick opinions on some quarterly earnings: AXP, MRK, MCD, NYT, UP ...
Oct 25, 2009 03:20 PM UTC

Steven Mallas

Return	Risk
-36.61%	MID

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Symbol	Sentiment	Start	Return	Closed
V	n/a
RTN	n/a
UNP	n/a
AXP	n/a
MCD	n/a
EMC	n/a
MRK	n/a
NYT	n/a

Via BloggingStocks:

Filed under: Earnings reports, McDonald's (MCD), New York Times'A' (NYT), American Express (AXP), Merck and Co (MRK), EMC Corp (EMC), Union Pacific Corporation (UNP), Raytheon Company (RTN), Visa Inc. (V)

A lot of earnings reports were issued last week. The market was busy sorting them all out. I'm going to take a fast look at several of the issuing companies.

American Express (NYSE: AXP): Don't leave home without it. Good advice for the card, perhaps, but what about the company? Should your portfolio leave home and forget this stock? I'd say so. It's not that American Express lost the earnings game. On the contrary, Bloomberg reported a beat. American Express earned 44 cents per share from continuing operations, adjusted. This was six pennies ahead of forecasts. Okay, I applaud such performance. And shares are way off the single-digit 52-week low. Thing is, I'm in love with another card business. Visa (NYSE: V). As I've stated before, I enjoy the beauty of Visa's lower-risk model. It doesn't have to put up with loan risk. Yes, the situation at American Express might be improving, but I'm not going to buy this one.

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Quick opinions on some quarterly earnings: AXP, MRK, MCD, NYT, UP ... originally appeared on BloggingStocks on Sun, 25 Oct 2009 10:20:00 EST. Please see our terms for use of feeds.

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