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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

121.81USD
10:59am EDT
Change (% chg)

$-0.69 (-0.56%)
Prev Close
$122.50
Open
$122.96
Day's High
$123.71
Day's Low
$121.81
Volume
110,523
Avg. Vol
861,375
52-wk High
$129.33
52-wk Low
$89.07

Latest Key Developments (Source: Significant Developments)

American Express Acquires acompaytm
Wednesday, 31 Jul 2019 03:00pm EDT 

July 31 (Reuters) - American Express Co ::AMERICAN EXPRESS EXPANDS SUITE OF GLOBAL BUSINESS PAYMENT CAPABILITIES THROUGH ACQUISITION OF ACOMPAYTM.AMERICAN EXPRESS CO - TO ACQUIRE ACOMPAY(TM) FROM ACOM SOLUTIONS, INC..AMERICAN EXPRESS CO - ACOM SOLUTIONS WILL CONTINUE TO OPERATE AS IT DOES NOW.  Full Article

American Express Announces Launch Of Blue Business Cash Card
Thursday, 18 Jul 2019 09:00am EDT 

July 18 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - ANNOUNCES LAUNCH OF BLUE BUSINESS CASH CARD.  Full Article

American Express Aims To Expand Digital Dining, Access & Experiences With Acquisition Of Resy Reservation Platform
Wednesday, 15 May 2019 09:00am EDT 

May 15 (Reuters) - American Express Co ::AMERICAN EXPRESS AIMS TO EXPAND DIGITAL DINING, ACCESS & EXPERIENCES WITH ACQUISITION OF RESY RESERVATION PLATFORM.AMERICAN EXPRESS CO - SIGNED AN AGREEMENT TO ACQUIRE RESY.AMERICAN EXPRESS CO - AFTER DEAL, RESY BRAND AND DIGITAL PLATFORM WILL CONTINUE TO BE LED AND OPERATED BY ITS CO-FOUNDER AND CEO, BEN LEVENTHAL.AMERICAN EXPRESS CO - RESY'S CO-FOUNDER AND CTO, MICHAEL MONTERO, WILL ALSO REMAIN IN PLACE.AMERICAN EXPRESS CO - WORKING WITH RECENTLY ACQUIRED COMPANIES TO DEVELOP NEW DIGITAL CAPABILITIES THAT WILL PROVIDE DIGITAL SERVICES.  Full Article

American Express Reports First-Quarter Earnings Per Share Of $1.80, Adjusted EPS Of $2.01
Thursday, 18 Apr 2019 09:40am EDT 

April 18 (Reuters) - American Express Co ::AMERICAN EXPRESS REPORTS FIRST-QUARTER EARNINGS PER SHARE OF $1.80, ADJUSTED EPS OF $2.01.COMPANY AFFIRMS 2019 OUTLOOK.QTRLY ADJUSTED EPS OF $2.01.QTRLY CONSOLIDATED EXPENSES WERE $7.6 BILLION, UP 11 PERCENT FROM $6.9 BILLION A YEAR AGO.AMERICAN EXPRESS - FIRST-QUARTER EARNINGS PER SHARE OF $1.80 INCLUDED AN ADDITION TO LEGAL RESERVES OF $0.21 PER SHARE RELATED TO A MERCHANT LITIGATION.QTRLY CONSOLIDATED PROVISIONS FOR LOSSES WERE $809 MILLION, UP 4 PERCENT FROM $775 MILLION A YEAR AGO.FIRST-QUARTER CONSOLIDATED TOTAL REVENUES NET OF INTEREST EXPENSE WERE $10.4 BILLION, UP 7 PERCENT FROM $9.7 BILLION A YEAR AGO.Q1 EARNINGS PER SHARE VIEW $1.99, REVENUE VIEW $10.49 BILLION -- REFINITIV IBES DATA.GLOBAL CONSUMER SERVICES GROUP REPORTED FIRST-QUARTER NET INCOME OF $821 MILLION, DOWN 1 PERCENT FROM $826 MILLION A YEAR AGO..GLOBAL COMMERCIAL SERVICES REPORTED FIRST-QUARTER NET INCOME OF $586 MILLION, UP 7 PERCENT FROM $546 MILLION A YEAR AGO..GLOBAL MERCHANT & NETWORK SERVICES REPORTED FIRST-QUARTER NET INCOME OF $631 MILLION, UP 22 PERCENT FROM $516 MILLION A YEAR AGO.  Full Article

American Express Reports Qtrly U.S. Billed Business Of $195.5 Bln Vs $182.5 Bln Last Year
Thursday, 18 Apr 2019 07:43am EDT 

April 18 (Reuters) - American Express Co ::AMERICAN EXPRESS CO QTRLY U.S. BILLED BUSINESS $195.5 BILLION VERSUS $182.5 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO QTRLY BILLED BUSINESS OUTSIDE THE U.S. $100.2 BILLION VERSUS $101.3 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QUARTERLY DISCOUNT REVENUE $6,195 MILLION VERSUS $5,889 MILLION.AMERICAN EXPRESS CO - QUARTERLY CARD MEMBER REWARDS EXPENSES $2,451 MILLION VERSUS $2,347 MILLION.  Full Article

American Express Says CEO S.J. Squeri's FY 2018 Total Compensation Was $17.3 Mln
Friday, 15 Mar 2019 01:58pm EDT 

March 15 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - CHAIRMAN AND CEO S.J. SQUERI'S FY 2018 TOTAL COMPENSATION WAS $17.3 MILLION VERSUS $19.2 MILLION IN FY 2017.AMERICAN EXPRESS CO SAYS RETIRED CHAIRMAN AND CEO K.I. CHENAULT'S FY 2018 TOTAL COMPENSATION WAS $24.2 MILLION VERSUS $18.6 MILLION IN FY 2017 - SEC FILING.AMERICAN EXPRESS CO - CFO J.C. CAMPBELL'S FY 2018 TOTAL COMPENSATION WAS $11.9 MILLION VERSUS $9.6 MILLION IN FY 2017.AMERICAN EXPRESS CO - GROUP PRESIDENT, GLOBAL CONSUMER SERVICES GROUP, D.E. BUCKMINSTER'S FY 2018 TOTAL COMPENSATION WAS $10.3 MILLION VERSUS $9.4 MILLION IN FY 2017.AMERICAN EXPRESS CO - TOTAL COMPENSATION OF A.E. MARRS, WHO WAS APPOINTED PRESIDENT, GLOBAL COMMERCIAL SERVICES ON SEPT 10, WAS $8.9 MILLION FOR FY 2018.AMERICAN EXPRESS CO - GROUP PRESIDENT, GLOBAL MERCHANT AND NETWORK SERVICES, A.D. WILLIAMS' FY 2018 TOTAL COMPENSATION WAS $8.5 MILLION.AMERICAN EXPRESS CO - K.I. CHENAULT'S FY 2018 TOTAL COMPENSTION INCLUDES STOCK AWARDS OF $12.3 MILLION, NON-EQUITY INCENTIVE PLAN COMPENSATION OF $6.4 MILLION.AMERICAN EXPRESS - CHAIRMAN AND CEO SQUERI'S FY 2018 TOTAL COMPENSATION INCLUDED BONUS OF $5.9 MILLION, STOCK AWARD OF ABOUT $6 MILLION & OPTION AWARDS OF $1.5 MILLION.AMERICAN EXPRESS - CHAIRMAN AND CEO SQUERI'S FY 2018 TOTAL COMPENSATION ALSO INCLUDED $1.9 MILLION IN NON-EQUITY INCENTIVE PLAN COMPENSATION.AMERICAN EXPRESS CO - J.C. CAMPBELL'S FY 2018 TOTAL COMPENSATION INCLUDES BONUS OF $4.9 MILLION, STOCK AWARDS OF $3.1 MILLION.  Full Article

American Express Suspends A Director In Foreign-Exchange Pricing Probe - WSJ
Tuesday, 8 Jan 2019 11:12am EST 

Jan 8 (Reuters) - :AMERICAN EXPRESS SUSPENDS A DIRECTOR IN FOREIGN-EXCHANGE PRICING PROBE - WSJ, CITING SOURCES.  Full Article

Acquisition Of Aeroplan Loyalty Business By Air Canada Clears Regulatory Requirements
Monday, 24 Dec 2018 07:30am EST 

Dec 24 (Reuters) - Air Canada ::ACQUISITION OF AEROPLAN LOYALTY BUSINESS BY AIR CANADA CLEARS REGULATORY REQUIREMENTS.DEAL FOR $450 MILLION IN CASH.AIR CANADA REMAINS IN NEGOTIATIONS WITH AMERICAN EXPRESS TO SECURE ITS CONTINUED PARTICIPATION IN AEROPLAN PROGRAM AFTER 2020..DEAL INCLUDES ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY.VISA WILL ALSO BE MAKING A PAYMENT TO AIR CANADA.IN ADDITION, TD AND CIBC WILL MAKE PAYMENTS TO AIR CANADA, AT CLOSING, IN AGGREGATE AMOUNT OF $400 MILLION AS PREPAYMENTS.IN RECEIPT OF REQUIRED CONFIRMATION UNDER CANADA TRANSPORTATION ACT AND A "NO ACTION LETTER" ISSUED BY CANADIAN COMPETITION BUREAU.  Full Article

Visa - Brazilian Administrative Council For Economic Defense Initiated Investigation on Oct 15
Friday, 16 Nov 2018 04:16pm EST 

Nov 16 (Reuters) - American Express Co ::VISA - ON OCT 15, BRAZILIAN ADMINISTRATIVE COUNCIL FOR ECONOMIC DEFENSE INITIATED INVESTIGATION AGAINST VISA, MASTERCARD, AMERICAN EXPRESS, ELO.VISA SAYS CADE INITIATED AN INVESTIGATION SEEKING INFORMATION OF POTENTIAL COMPETITION LAW VIOLATIONS; CO COOPERATING WITH CADE - SEC FILING.  Full Article

Soros Fund Management Cuts Share Stake In American Express, AIG
Wednesday, 14 Nov 2018 05:35pm EST 

Nov 14 (Reuters) - Soros Fund Management::SOROS FUND MANAGEMENT CUTS SHARE STAKE IN AMERICAN EXPRESS TO 70,557 SHARES FROM 169,539 SHARES.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN AIG TO 94,160 SHARES FROM 259,497 SHARES.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN SPOTIFY TO 273,100 SHARES FROM 728,700 SHARES.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN U.S. BANCORP TO 160,595 SHARES FROM 488,076 SHARES.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN AT&T TO 1.5 MILLION SHARES FROM 2 MILLION SHARES.SOROS FUND MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

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Buffett's Berkshire boosts Amazon.com bet, attracts Ackman

Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs.