1. Hedge-Fund Billionaire Dan Loeb Reportedly Discloses a Stake in American Express

    Hedge-Fund Billionaire Dan Loeb Reportedly Discloses a Stake in American Express
    • Hedge-fund billionaire Dan Loeb's Third Point Capital disclosed a stake in American Express, according to a report.
    • Loeb believes American Express will trade above $135 over the next 18 months — 25% above where shares were trading on Friday.
    • Years of lagging performance galvanized the American Express franchise and "forced necessary investments," Loeb said...
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    1. New CEO Stephen Squeri is re‐energizing Amex by focusing on topline growth and under‐appreciated structural opportunities in Commercial and International.
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