On Monday, Shares of American Express Company (NYSE:AXP), gained 1.93% to $81.26.
American Express Company declared that it is the first major Corporate Card portfolio activated for Apple Pay™, allowing Card Members to pay on the go with compatible Apple devices. The mobile payment option is accessible recently for eligible U.S. Corporate Cards.
Apple Pay allows American Express® Card Members to add their eligible Corporate Card¹ and pay with their mobile devices at contactless merchants in stores, or within participating apps that accept American Express. American Express added Apple Pay for Consumer Cards and OPEN Small Business Cards in late 2014.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
Shares of Rackspace Hosting, Inc. (NYSE:RAX), declined -1% to $31.73, during its last trading session.
Rackspace Hosting, declared financial results for the quarter that ended June 30, 2015.
For the second quarter of 2015, cash flow from operating activities was $123 million, capital expenditures were $152 million, and Adjusted Free Cash Flow was negative $0.7 million. At the end of the second quarter of 2015, cash and cash equivalents were $317 million, and interest-bearing debt counting capital lease obligations totaled $7 million. Return on Capital was 12.1 percent in the second quarter of 2015 contrast to 10.1 percent in the second quarter of 2014.
For the third quarter of 2015, Rackspace anticipates revenue to grow between 2.0 percent and 3.5 percent on a constant currency basis and adjusted EBITDA margins to be between 33 percent and 34 percent. For the fourth quarter of 2015, we expect revenue to grow between 2.0 percent and 3.5 percent, on a constant currency basis. We expect adjusted EBITDA margins to be between 33 percent and 34 percent. For the full year, we expect revenue to grow between 12 percent and 14 percent, on a constant-currency basis. We expect adjusted EBITDA margins to be between 33 percent and 34 percent.
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide.
Finally, Stage Stores Inc. (NYSE:SSI), ended its last trade with 7.68% gain, and closed at $17.95.
Stage Stores declared that it will release its fiscal 2015 second quarter financial results on Thursday, August 20, 2015. The release of the Company’s second quarter financial results will be followed by a conference call, which will be held at 8:30 a.m. Eastern Time on the same day.
Stage Stores, Inc. operates as a specialty department store retailer in small and mid-sized towns and communities in the United States. Its merchandise portfolio comprises moderately priced brand name and private label apparel, accessories, cosmetics, footwear, and home goods.
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