Is American Express’s “Turnaround” for Real?

If American Express can integrate its cards with popular cryptocurrencies; such as bitcoin and ethereum, it would expand its reach particularly in the developing world. An intriguing option would be a card that pays reward points in bitcoin or ethereum. A long term revenue generator would be a card that allows for transactions in several different crypocurrencies; such as Litecoin, Bitcoin and ethereum. A company called TenX is already developing such a card in Singapore.

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What is killing the Department Stores?

The real culprit in the death of the Great American Department Stores is changing times. Since there is no way to change that investors should stay away from this sector, perhaps far away.

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Is Kellogg Doomed?

All this makes Kellogg a good short term investment but not a good long term stock. It will make money for the next few years but future prospects are doubtful. My prediction is that Kellogg will end up as part of larger organization such as Berkshire Hathaway (NYSE: BRK.B) or even a retailer like Kroger (NYSE: KR) at some point.

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Citi Sends Costco Members False Cancellation Message

This is certainly an opportunity for Walmart Stores Inc. (NYSE: WMT), which owns Costco’s biggest competitor Sam’s Club. Sam’s Club now takes American Express in an attempt to lure Costco members.

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Walmart Pay is far more than just a Simple Payment App

If news stories about Walmart Pay are correct; the app is an impressive piece of retail technology that puts Walmart well ahead of competitors. The new app actually gives Walmart some capabilities that even Apple Pay lacks.

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