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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

113.92USD
2:28pm EDT
Change (% chg)

$-0.05 (-0.04%)
Prev Close
$113.97
Open
$113.84
Day's High
$114.36
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$113.42
Volume
199,242
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1,081,967
52-wk High
$114.55
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$89.07

Latest Key Developments (Source: Significant Developments)

Delta Air Lines Says March Quarter Total Unit Revenues Expected To Grow About 2 Pct
Tuesday, 2 Apr 2019 09:22am EDT 

April 2 (Reuters) - Delta Air Lines Inc ::FOR MARCH QUARTER, TOTAL UNIT REVENUES ARE EXPECTED TO GROW APPROXIMATELY 2%.DELTA AIR LINES - EXPECTS TO DELIVER MARCH QUARTER RESULTS OF APPROXIMATELY 7% TOP-LINE GROWTH, MARGIN EXPANSION AND $1.6 BILLION OF SHAREHOLDER RETURNS.FOR MARCH QUARTER, NON - FUEL UNIT COSTS ARE EXPECTED TO BE FLAT TO UP 0.5% YEAR OVER YEAR.DELTA AIR LINES - REMAINS ON TARGET TO RETURN ABOUT $2.5 BILLION FOR FULL YEAR.FOR MARCH QUARTER, SEE ADJUSTED EARNINGS PER SHARE OF $0.85-$0.95.Q1 EARNINGS PER SHARE VIEW $0.80 -- REFINITIV IBES DATA.FOR MARCH QUARTER, SEE SYSTEM CAPACITY UP 5 PERCENT.DELTA AIR LINES - SEES MARCH QUARTER TRASM, ADJUSTED UP ABOUT 2 %.FOR MARCH QUARTER, SEE CASM-EX FLAT TO UP 0.5 PERCENT.CONTRACT EXTENSION WITH AMERICAN EXPRESS PROVIDES BENEFIT TO TOTAL UNIT REVENUES OF APPROXIMATELY 1 POINT IN MARCH QUARTER.SEES MARCH QUARTER AVERAGE FUEL PRICE PER GALLON, ADJUSTED $2.03 - $2.08.  Full Article

American Express And Delta Renew Partnership, Lay Foundation To Continue Innovating Customer Benefits
Tuesday, 2 Apr 2019 08:45am EDT 

April 2 (Reuters) - American Express Co ::AMERICAN EXPRESS AND DELTA RENEW INDUSTRY-LEADING PARTNERSHIP, LAY FOUNDATION TO CONTINUE INNOVATING CUSTOMER BENEFITS.AMERICAN EXPRESS CO - NEW AGREEMENT EXTENDS RELATIONSHIP THROUGH 2029.AMERICAN EXPRESS - CO, DELTA SIGNED 11-YEAR RENEWAL EXTENDING EXCLUSIVE DELTA SKYMILES CREDIT CARDS FROM AMERICAN EXPRESS PORTFOLIO THROUGH END OF 2029.AMERICAN EXPRESS CO - DELTA EXPECTS ITS BENEFIT FROM RELATIONSHIP TO DOUBLE TO NEARLY $7 BILLION ANNUALLY BY 2023, UP FROM $3.4 BILLION IN 2018.AMERICAN EXPRESS CO - CO-BRAND CREDIT CARDS, DELTA SKY CLUB ACCESS AND MEMBERSHIP REWARDS PROGRAM REMAIN KEY FEATURES OF PARTNERSHIP.AMERICAN EXPRESS CO - AFFIRMED ITS PREVIOUS GUIDANCE FOR 2019 OF FX-ADJUSTED REVENUE GROWTH IN 8-10 PERCENT RANGE.AMERICAN EXPRESS CO - ECONOMICS OF NEW TERMS ARE NOT EXPECTED TO HAVE A MATERIAL EFFECT ON Q1 RESULTS.AMERICAN EXPRESS - AFFIRMED ITS PREVIOUS GUIDANCE FOR 2019 OF ADJUSTED EPS BETWEEN $7.85 AND $8.35.  Full Article

American Express Sets Regular Quarterly Dividend Of $0.39 Per Share
Monday, 11 Mar 2019 02:20pm EDT 

March 11 (Reuters) - American Express Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.39 PER SHARE.  Full Article

Air Canada Renews Strategic Partnership With American Express
Thursday, 28 Feb 2019 07:00am EST 

Feb 28 (Reuters) - Air Canada ::AIR CANADA RENEWS STRATEGIC PARTNERSHIP WITH AMERICAN EXPRESS FOR ITS PARTICIPATION IN AIR CANADA'S NEW LOYALTY PROGRAM.AIR CANADA - NEW PREMIUM AMERICAN EXPRESS CARD PRODUCTS TO LAUNCH WITH AIR CANADA'S NEW LOYALTY PROGRAM IN 2020.AIR CANADA - 10-YEAR DEAL WILL PROVIDE CONTINUITY FOR JOINT CUSTOMERS.AIR CANADA - COMPANIES WILL EXPAND AND DEEPEN THEIR PARTNERSHIP IN CONSUMER, SMALL BUSINESS AND CORPORATE SPACE.AIR CANADA - 10-YEAR AGREEMENTS COVER CREATION OF NEW CO-BRANDED PAYMENT CARDS, OTHERS.  Full Article

American Express Co - Offering $750 Mln Principal Amount Of Its 3.000% Notes Due Feb 22, 2021, Or 2021 Fixed Rate Notes
Thursday, 21 Feb 2019 06:26am EST 

Feb 21 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - OFFERING $750 MILLION PRINCIPAL AMOUNT OF ITS 3.000% NOTES DUE FEB 22, 2021, OR 2021 FIXED RATE NOTES.AMERICAN EXPRESS CO - OFFERING $1.25 BILLION PRINCIPAL AMOUNT OF ITS 3.400% NOTES DUE FEB 22, 2024, OR 2024 FIXED RATE NOTES.AMERICAN EXPRESS SAYS 2021 FIXED RATE NOTES WILL MATURE ON FEB 22, 2021 AND 2024 FIXED RATE NOTES WILL MATURE ON FEB 22, 2024 - SEC FILING.  Full Article

Third Point LLC Cuts Share Stake in American Express and Baxter, Dissolves in Alibaba
Friday, 8 Feb 2019 05:16pm EST 

Feb 8 (Reuters) - Third Point LLC::THIRD POINT LLC DISSOLVES SHARE STAKE IN ALIBABA GROUP HOLDING LTD - SEC FILING.THIRD POINT LLC DISSOLVES SHARE STAKE IN LENNAR CORP.THIRD POINT LLC CUTS SHARE STAKE IN PAYPAL HOLDINGS INC BY 55.5 PERCENT TO 4.0 MILLION SHARES.THIRD POINT LLC UPS SHARE STAKE IN SALESFORCE COM INC TO 1.2 MILLION SHARES FROM 500,000 SHARES.THIRD POINT LLC CUTS SHARE STAKE IN AMERICAN EXPRESS CO BY 42.0 PERCENT TO 2.9 MILLION SHARES.THIRD POINT LLC CUTS SHARE STAKE IN BAXTER INTERNATIONAL INC BY 22.2 PERCENT TO 28.0 MILLION SHARES.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF DECEMBER 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPTEMBER 30, 2018.  Full Article

Better Mortgage Gets $70 Mln Series C Funding From American Express Ventures, Healthcare Of Ontario Pension Plan
Thursday, 31 Jan 2019 09:00am EST 

Jan 31 (Reuters) - Better Mortgage::BETTER MORTGAGE SECURES $70 MILLION IN SERIES C FUNDING FROM AMERICAN EXPRESS VENTURES AND THE HEALTHCARE OF ONTARIO PENSION PLAN.BETTER MORTGAGE - FINANCING FROM AMERICAN EXPRESS VENTURES AND HEALTHCARE OF ONTARIO PENSION PLAN IN ADDITION TO EXISTING INVESTORS.  Full Article

American Express Says Robert Childs Will Become Acting Chief Human Resources Officer
Friday, 25 Jan 2019 02:24pm EST 

Jan 25 (Reuters) - American Express Co ::WILL BE CONDUCTING EXTERNAL SEARCH FOR OUTGOING CHIEF HUMAN RESOURCES OFFICER KEVIN COX'S SUCCESSOR.ROBERT CHILDS WILL BECOME ACTING CHIEF HUMAN RESOURCES OFFICER.DAVID KASIARZ WILL REPORT DIRECTLY TO CEO DURING INTERIM PERIOD AND WILL CONTINUE TO LEAD GLOBAL TOTAL REWARDS & MEDICAL TEAM.  Full Article

American Express says Approved Increase In Target Value Of Incentive Awards Eligible To Be Earned By CEO
Friday, 25 Jan 2019 01:19pm EST 

Jan 25 (Reuters) - American Express Co ::APPROVED INCREASE IN TARGET VALUE OF ANNUAL LONG-TERM INCENTIVE AWARDS ELIGIBLE TO BE EARNED BY CEO STEPHEN SQUERI.INCREASE IN TARGET VALUE OF LONG-TERM INCENTIVE AWARDS THAT CAN BE EARNED BY SQUERI FROM $10.2 MILLION TO $12.2 MILLION - SEC FILING.SQUERI'S BASE SALARY AND ANNUAL CASH INCENTIVE AWARD TARGET REMAIN UNCHANGED.TO RAISE ANNUAL BASE SALARY OF DOUGLAS BUCKMINSTER, PRESIDENT OF GLOBAL CONSUMER SERVICES, FROM $900,000/ANNUM TO $1 MILLION/ANNUM.  Full Article

L. Kevin Cox Named GE's Chief Human Resources Officer
Friday, 25 Jan 2019 09:15am EST 

Jan 25 (Reuters) - General Electric Co ::L. KEVIN COX NAMED GE’S CHIEF HUMAN RESOURCES OFFICER.GE - COX JOINS GE FROM AMERICAN EXPRESS, WHERE HE WAS THE CHIEF HUMAN RESOURCES OFFICER.GE - COX SUCCEEDS RAGHU KRISHNAMOORTHY WHO WILL BE RETIRING.  Full Article

AmEx first-quarter profit falls 5 pct

April 18 Credit card issuer American Express Co said on Thursday its quarterly profit fell 5 percent, as it spent more on its rewards program.