Schlumberger Ltd (NYSE: SLB) Raised to Buy at Calyon 
Share:  <span class="sent">Schlumberger Ltd (NYSE: <span class="company">SLB</span>) Raised to Buy at <span class="analyst">Calyon</span></span> Tweet this 

For the full year, net income including discontinued operations dropped 21 percent to $213 billion, or $154 a share, on a 14 percent drop in revenue to $245 billion, AmEx said At year end, AmEx had the lowest loss rates among the six biggest US credit card issuers, including JPMorgan Chase & Co and Bank of America Corp Stronger spending by affluent consumers could propel the shares higher in 2010, according to Craig Maurer , an analyst at Calyon Securities USA Inc who upgraded American Express last week to "buy" from "outperform," and raised his 12 month price target to $52 from $42 "There's material upside here, as AXP's wealthier customer base will increase discretionary spending faster than the average MasterCard or Visa holder," Maurer said in a Jan 12 research note, which referred to AmEx by its stock ticker To contact the reporter on this story: Peter Eichenbaum in New York at peichenbaum@bloombergnet 
Share:  For the full year, net income including discontinued operations dropped 21 percent to $213 billion, or $154 a share, on a 14 percent drop in revenue to $245 billion, AmEx said<span class="sent"> At year end, AmEx had the lowest loss rates among the six biggest US credit card issuers, including JPMorgan Chase & Co and Bank of America Corp Stronger spending by affluent consumers could propel the shares higher in 2010, according to </span><span class="analyst">Craig Maurer</span> , an analyst at Calyon Securities USA Inc who upgraded <span class="company">American Express</span> last week to "buy" from "outperform," and raised his 12 month price target to $52 from $42 "There's material upside here, as AXP's wealthier customer base will increase discretionary spending faster than the average MasterCard or Visa holder," Maurer said in a Jan 12 research note, which referred to AmEx by its stock ticker To contact the reporter on this story: Peter Eichenbaum in New York at peichenbaum@bloombergnet...For the full year, net income including discontinued operations dropped 21 percent to $213 billion, or $154 a share, on a 14 percent drop in revenue to $245 billion, AmEx said<span class="sent"> At year end, AmEx had the lowest loss rates among the six biggest US credit card issuers, including JPMorgan Chase & Co and Bank of America Corp Stronger spending by affluent consumers could propel the shares higher in 2010, according to </span><span class="analyst">Craig Maurer</span> , an analyst at Calyon Securities USA Inc who upgraded <span class="com Tweet this 

At year end, AmEx had lowest loss rates among the six biggest US credit card issuers, including JPMorgan Chase & Co and Bank of America Corp Stronger spending by affluent consumers could propel the shares higher in 2010, according to Craig Maurer, an analyst at Calyon Securities USA Inc who upgraded American Express last week to "buy" from "outperform," and raised his 12 month price target to $52 from $42 "There's material upside here, as AXP's wealthier customer base will increase discretionary spending faster than the average MasterCard or Visa holder," Maurer said in a Jan 12 research note, which referred to AmEx by its stock ticker Calyon conducted a holiday season survey of 10 "high end" boutiques, most of which reported strong sales "It was mobbed in here, like we were giving it away," one retailer said, according to Maurer AmEx dominates the market for affluent customers, with individual card purchases averaging $9,392 in 2008, compared with $2,699 for San Francisco based Visa Inc and $2,269 for Purchase, New York based MasterCard Inc, AmEx said in August, citing company reports 
Share:  <span class="sent">At year end, AmEx had lowest loss rates among the six biggest US credit card issuers, including JPMorgan Chase & Co and Bank of America Corp Stronger spending by affluent consumers could propel the shares higher in 2010, according to </span><span class="analyst">Craig Maurer</span>, an analyst at Calyon Securities USA Inc who upgraded <span class="company">American Express</span> last week to "buy" from "outperform," and raised his 12 month price target to $52 from $42 "There's material upside here, as AXP's wealthier customer base will increase discretionary spending faster than the average MasterCard or Visa holder," Maurer said in a Jan 12 research note, which referred to AmEx by its stock ticker Calyon conducted a holiday season survey of 10 "high end" boutiques, most of which reported strong sales "It was mobbed in here, like we were giving it away," one retailer said, according to Maurer AmEx dominates the market for affluent customers, with individual card purchases averaging $9,392 in 2008, compared with $2,699 for San Francisco based Visa Inc and $2,269 for Purchase, New York based MasterCard Inc, AmEx said in August, citing company reports...<span class="sent">At year end, AmEx had lowest loss rates among the six biggest US credit card issuers, including JPMorgan Chase & Co and Bank of America Corp Stronger spending by affluent consumers could propel the shares higher in 2010, according to </span><span class="analyst">Craig Maurer</span>, an analyst at Tweet this