News: Costco Wholesale Corp (COST.O)

COST.O on Nasdaq

147.00USD
27 Feb 2015
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What to Watch in the Week Ahead and on Monday, Mar. 2

(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) WEEK AHEAD

UPDATE 1-GN Store Nord predicts further profit rise in 2015

COPENHAGEN, Feb 18 - Danish hearing aid and headset maker GN Store Nord reported fourth-quarter profits in line with forecasts on Wednesday and said it expected a further rise in 2015, despite price pressures in the United States, one of its biggest markets.

Fitch: Loss of Co-Branding Relationship Adds to Near-Term Challenges Facing Amex

(The following statement was released by the rating agency) NEW YORK, February 17 (Fitch) American Express' (AXP, 'A+' Outlook Stable) decision not to renew its U.S. co-brand relationship with Costco Wholesale Corporation (Costco, 'A+', Outlook Positive) adds earnings pressure to the company's existing near-term challenges, according to Fitch Ratings. AXP currently faces lackluster global economic growth, normalizing credit performance, elevated regulatory risk, and a strengthening U.S. dol

American Express and JetBlue ending card partnership: Bloomberg

- American Express Co , which said on Thursday that its credit card partnership with Costco Wholesale Corp would end next year, is also ending its co-branded card deal with JetBlue Airways Corp , according to a published report.

American Express and JetBlue ending card partnership -Bloomberg

Feb 13 - American Express Co, which said on Thursday that its credit card partnership with Costco Wholesale Corp would end next year, is also ending its co-branded card deal with JetBlue Airways Corp, according to a published report.

Costco to ditch AmEx cards at U.S. stores next year

- Warehouse club retailer Costco Wholesale Corp will stop accepting American Express Co's credit cards at U.S. stores from next year, threatening nearly 8 percent of the worldwide annual spending on its cards.

UPDATE 4-Costco to ditch AmEx cards at U.S. stores next year

* AmEx shares fall as much as 7 pct (Adds details, loss market capitalization and stock movement)

American Express, Costco to end U.S. credit card partnership

Feb 12 - American Express Co said it will stop issuing credit cards co-branded with Costco Wholesale Corp in the United States from March 31, 2016.

Jet raises $140 million in bid to take on Amazon

SAN FRANCISCO - Jet, the startup founded by former Amazon.com Inc executive Marc Lore that hopes to change the way consumers shop online, has raised $140 million in its latest funding round, led by Bain Capital Ventures.

UPDATE 1-Jet raises $140 mln in bid to take on Amazon

SAN FRANCISCO, Feb 11 - Jet, the startup founded by former Amazon.com Inc executive Marc Lore that hopes to change the way consumers shop online, has raised $140 million in its latest funding round, led by Bain Capital Ventures.

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