Goldman Sachs Says American Express Is a 'Sell' Shares of American Express ( AXP) were down nearly 5% in early trading after a Goldman Sachs analyst downgraded shares of American Express to a sell. The analyst sees continued earnings headwinds, which may force the company to break-even in 2009. The company recently reported its fourth-quarter profit fell 76% to $172 million, or 15 cents per share, compared with earnings of $831 million, or 71 cents per share, a year earlier. We continue to avoid shares of American Express, as we have since our early June coverage began, when the stock was trading at $44.65. The company has a 5.92% dividend yield, based on last night's closing stock price of $12.17. The stock has technical support in the $6 to $8 price range. If the shares can manage to rebound, we see overhead resistance around the $15 to $17 price levels. We would look elsewhere for better investment opportunities at this time. American Express is not recommended at this time, holding a Dividend.com Rating of 2.7 out of 5 stars. Staples Misses Fourth-Quarter EPS Estimates Shares of Staples ( SPLS) were basically trading flat this morning, after the leading office products retailer announced fourth-quarter profit fell 14% to $286 million, or 40 cents per share, compared to $333.2 million, or 47 cents per share, from the year-ago period. Revenue gained 16% to $6.17 billion from $5.32 billion, aided by results from its recent acquisition of Corporate Express. Same-store sales did fall a disappointing 13%. Looking ahead, management would not provide any future guidance, due to further economic uncertainties.