News: American Express Co (AXP.N)

AXP.N on New York Stock Exchange

84.13USD
23 Jan 2015
Change (% chg)

$-0.24 (-0.28%)
Prev Close
$84.37
Open
$84.43
Day's High
$85.31
Day's Low
$83.97
Volume
1,799,197
Avg. Vol
1,011,888
52-wk High
$96.24
52-wk Low
$78.45

Search Stocks
Select another date:

Wed, Jan 21 2015

UPDATE 3-American Express to cut more than 4,000 jobs

* Shares down 2.2 pct after the bell (Changes sourcing, adds details, share price)

American Express says to cut more than 4,000 jobs

- More than 4,000 employees of American Express Co will lose their jobs over the next year as part of a restructuring program at the credit card company, a spokeswoman said.

UPDATE 2-American Express says to cut more than 4,000 jobs

Jan 21 - More than 4,000 employees of American Express Co will lose their jobs over the next year as part of a restructuring program at the credit card company, a spokeswoman said.

AmEx profit rises 10.7 pct

Jan 21 - American Express Co, the world's largest credit card issuer, reported a 10.7 percent rise in fourth-quarter profit as customers in the United States spent more using its cards and the company earned higher net interest income.

Fitch: AmEx, Discover Can Manage EU Card Interchange Fee Caps

(The following statement was released by the rating agency) NEW YORK, January 13 (Fitch) Draft terms agreed to by the European Parliament and the European Council in December that cap interchange fees on some European debit and credit card transactions will likely have a manageable financial impact on American Express (AmEx, 'A+') and Discover Financial Services (Discover, 'BBB+'), Fitch Ratings says. We expect that the effect will also be manageable but more felt at banks with operations

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.

Select another date:
Search Stocks