Rough Recession Waters for Credit Card Companies

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Visa Inc. (NYSE:V), MasterCard Incorporated (NYSE:MA) and American Express Company (NYSE:AXP) may just be experiencing one of the strangest anomalies of the recession. 

Friday New Highs for i2 Technologies, Cheesecake Factory, and MasterCard (ITWO, CAKE, MA)

52-Week Highs

New 52-week highs for shares of i2 Technologies, Inc. (NASDAQ:ITWO) The Cheesecake Factory Incorporated (NASDAQ:CAKE) and MasterCard Incorporated (NYSE:MA).

Chargeoffs Could Plague Credit Card Companies (NYSE: V),(NYSE: MA),(NYSE: AXP)

Visa & Mastercard

Get ready Visa, MasterCard and Amex, it may be a long haul out of the financial mess.  Shares of Visa Inc. (NYSE:V), MasterCard Incorporated (NYSE:MA) and American Express Company (NYSE:AXP) could be hurt if credit-card delinquencies continue to climb.  So, what's in your wallet?

2009 Holiday Shopping a Mixed Bag for Visa and Mastercard (MA, V)

Credit Cards

Bad news for MasterCard (NYSE:MA) and Visa (NYSE:V) -- only 26% of Thanksgiving weekend shoppers used credit cards according to a Reuters survey out today.  The rest of American consumers used cash or debit cards, that means less transactions for both Visa and Mastercard.

New Highs for American Express, CareFusion, and Viacom (AXP, CFN, VIA)

52-Week Highs

American Express Company (NYSE:AXP), CareFusion Corporation (NYSE:CFN), and Viacom (NYSE:VIA) are the big stars today pushing to new 52-week highs on a very bullish day.

Bookkeeping: Restarting Mastercard

Investing Ideas (2)

Via FundMyMutualFund.com -- I am going back to an old position today in Mastercard (MA) - I had been waiting for this stock to fill a gap in the mid $140s which it did in the past week.

Credit Card Reform in 2010

Credit Cards

Higher interest rates on credit cards and tighter lending standards are making it harder for cash strapped Americans, but help isn't coming until 2010.

Julian Robertson

Robertson recommends Google (NASDAQ:GOOG), Baidu (NASDAQ:BIDU), Visa (NYSE:V) and MasterCard (NYSE:MA)

 

American's Cutting Up Credit cards

American Express

Bad news for investors of Visa (NYSE:V), Mastercard (NYSE:MA) and American Express (NYSE:AXP)

Credit Card Companies under Fire: Delinquency Fear

Visa & Mastercard

Visa (NYSE:V), Mastercard (NYSE:MA) and the other credit card companies not only have to worry about customers not paying back their bills, but the trend is to limit or cut up cards all together.

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