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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

80.17USD
27 Feb 2017
Change (% chg)

$0.41 (+0.51%)
Prev Close
$79.76
Open
$79.78
Day's High
$80.30
Day's Low
$79.59
Volume
736,411
Avg. Vol
1,358,794
52-wk High
$80.45
52-wk Low
$54.81

Latest Key Developments (Source: Significant Developments)

American Express reports 4th-qtr earnings of $0.88 per share
Thursday, 19 Jan 2017 04:05pm EST 

American Express Co : Qtrly earnings per share $0.88 . Qtrly adjusted earnings per share $0.91 . Q4 earnings per share view $0.98 -- Thomson Reuters I/B/E/S . Qtrly revenue, net of interest expense, was $8 billion .Q4 revenue view $7.95 billion -- Thomson Reuters I/B/E/S.  Full Article

American Express expects 2017 earnings per share of $5.60 - $5.80
Thursday, 19 Jan 2017 04:05pm EST 

American Express Co : Company expects 2017 EPS of $5.60 to $5.80 . Fourth-quarter consolidated total revenues net of interest expense were $8.0 billion, down 4 percent from $8.4 billion a year ago . Qtrly consolidated provisions for losses were $625 million, up 9 percent from $572 million a year ago . Qtrly consolidated expenses were $6.2 billion, down 2 percent from $6.4 billion a year ago . Qtrly return on average equity (ROE) was 26.0 percent, up from 24.0 percent a year ago . Says U.S. Consumer Services reported fourth‐quarter net income of $351 million, down 35 percent from $541 million a year ago . Global Merchant Services reported fourth‐quarter net income of $369 million, up 1 percent from $364 million a year ago. . International Consumer and Network Services reported Q4 net income of $84 million, down 40 percent from $140 million a year ago . Global Commercial Services reported fourth‐quarter net income of $382 million, down 22 percent from $487 million a year ago .FY2017 earnings per share view $5.61 -- Thomson Reuters I/B/E/S.  Full Article

American Express buys InAuth to expand fraud-prevention and security capabilities
Tuesday, 6 Dec 2016 08:00am EST 

American Express Co: American Express® to enhance fraud-prevention and security capabilities with acquisition of InAuth . American Express Co - acquired InAuth Inc, a provider of mobile device authentication and intelligence solutions .American Express Co - going forward, InAuth will operate as a wholly-owned subsidiary of American Express.  Full Article

American Express launches new mobile capability
Wednesday, 30 Nov 2016 06:00am EST 

American Express Co - : American Express launches new mobile capability .Announces launch of Amex pay.  Full Article

American Express sets quarterly dividend of $0.32/share
Tuesday, 22 Nov 2016 02:51pm EST 

American Express Co :Sets regular quarterly dividend of $0.32 per share.  Full Article

American Express USCS card member loans net write-off rate – principal only at Oct-end 1.6 pct vs 1.6 pct at Sept-end
Tuesday, 15 Nov 2016 12:13pm EST 

American Express Co : USCS card member loans 30 days past due loans as a % of total at Oct end 1.1 percent versus 1.1 percent at Sept end . U.S. small business card member loans 30 days past due loans as a % of total at Oct end 1.1 % versus 1.1% at Sept end . USCS card member loans net write-off rate – principal only at Oct end 1.6 percent versus 1.6 percent at Sept end .U.S. small business card member loans net write-off rate – principal only at Oct end 1.5 % versus 1.6% at Sept end.  Full Article

Intuit - Co,American express enter partnership
Thursday, 13 Oct 2016 08:30am EDT 

Intuit Inc :Intuit - Co,american express enter partnership to give quickbooks online small business customers access to short-term financing from american express.  Full Article

American Express Canada to offer Canadians a new way to pay with points
Monday, 3 Oct 2016 06:00am EDT 

American Express Co :American Express Canada to allow membership rewards points to be redeemed for purchases on amazon.ca. Canadian cardmembers enrolled in membership rewards program.  Full Article

American Express' board amended co's by-laws effective immediately
Tuesday, 27 Sep 2016 09:20am EDT 

American Express Co : On Sept 26 board amended company's by-laws, effective immediately, to implement a proxy access by-law, among other amendments .By-Laws permit shareholders owning at least 3% outstanding stock to nominate directors constituting up to 20% of board.  Full Article

U.S. appeals court rules in favor of American Express over credit card anti-steering rules--court ruling
Monday, 26 Sep 2016 02:52pm EDT 

American Express Co : U.S. appeals court rules in favor of American Express Co over credit card anti-steering rules--court ruling . 2nd U.S. circuit court of appeals says lower court judge erred in finding that amex rules unreasonably restrained trade . 2nd circuit directs that judgment be entered in amex's favor.  Full Article

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