News: American Express Co (AXP.N)

AXP.N on New York Stock Exchange

94.08USD
24 Dec 2014
Price Change (% chg)

$0.26 (+0.28%)
Prev Close
$93.82
Open
$94.19
Day's High
$94.79
Day's Low
$94.06
Volume
430,518
Avg. Vol
1,091,969
52-wk High
$96.24
52-wk Low
$78.45

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Mon, Nov 10 2014

Fitch Rates American Express' Preferred Share Issuance 'BBB-'

(The following statement was released by the rating agency) NEW YORK, November 10 (Fitch) Fitch Ratings has assigned a rating of 'BBB-' to the $750 million in preferred stock issued by American Express Company (AXP, rated 'A+/F1' by Fitch). This preferred issuance represents approximately 1% of AXP's total risk-weighted assets at Sept. 30, 2014. AXP had previously stated that it would issue preferred shares for Basel III capital planning purposes. More specifically, the new Tier 1 ratio req

UPDATE 2-Visa sees mobile payment as big growth driver

* Shares up 3.9 pct in extended trade (Adds details from conference call, CEO and analyst comment, updates shares)

American Express says Vente-Privee USA to close by year-end

Oct 27 - American Express Co, the world's largest credit card issuer, said it would close its joint venture with French online start-up Vente-Privee by the end of the year.

American Express quarterly profit rises as U.S. card holders spend more

- American Express Co, the world's largest credit card issuer, reported an 8.1 percent rise in quarterly profit due to higher spending by U.S. customers using its credit cards and a rise in its net interest income.

American Express quarterly profit rises 8 pct

Oct 15 - American Express Co, the world's largest credit card issuer, reported an 8.1 percent rise in quarterly profit as customers spent more using the company's credit cards.

MOVES-AmEx appoints Neal Sample as president, enterprise growth

Sept 30 - New York-based financial services provider American Express Co appointed Neal Sample as president, enterprise growth, effective immediately.

UPDATE 2-Berkshire profit soars 41 pct to a record on investment gains

(Adds comments, cash position, individual businesses' results)

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