American Express and This DJIA Powerhouse Attracting Buzz
American Express Company (NYSE:AXP) and Zynga (NASDAQ:ZNGA) have introduced Zynga Serve Rewards, which is a new program connected to the Serve digital wallet. The offer of ‘rich in-game incentives for everyday spending’ is a nuance to the prepaid card market.
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JPMorgan Chase & Co’s (NYSE:JPM) recent trading faux pas is paying off for a few of the firm’s rivals, such as Goldman Sachs (NYSE:GS) and Bank of America (NYSE:BAC), who have current trading positions that are at times directly opposite JPM’ chief investment office, say sources to the Wall Street Journal. It’s also said that the positions could bring profits that total $500 million to $1 billion.
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Investing Insights: Big Banks Under Very Heavy Facebook Fire.