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American Express To Host Q1 2023 Earnings Conference Call In April – $AXP $DIA $INVO

Reportedly, American Express Company (AXP) has scheduled an earnings conference call on Thursday, April 20, 2023, at 8:30 a.m. (ET) to discuss the financial results for the first quarter of 2023. The company plans to host a live audio webcast accessible to the public through the American Express Inv...

Mar 23, 2023 View Article

American Express Authorizes Share Buyback & Dividend Increase – $AXP $DIA $INVO

The Board of Directors at American Express Company (AXP) has potentially taken two steps that are hoed will benefit its shareholders. Firstly, they have authorized the buyback of up to 120 million common shares of the company, which is subject to the Board's review and approval. This action could he...

Mar 14, 2023 View Article

AmEx Forecasts Promising 2023 Growth Ahead – $AXP $DIA $INVO

As per reports, American Express Company (AXP) reported typically a strong quarter as customers splurged on gifts, travel, and entertainment, driving a 12% increase in total network volumes. Provisions for credit losses were $1.03 billion in the reported quarter, compared with $53 million a year ear...

Feb 01, 2023 View Article

American Express Acquires Nipendo With Goal Of Creating Leading End-To-End B2B Platform – $AXP $DIA $INVO

Reportedly, American Express Company (AXP) announced the acquisition of Nipendo, a company used by global businesses to automate and streamline business-to-business payment processes. The transaction is American Express’ latest strategic step towards its goal of creating a leading end-to-end B2B p...

Jan 27, 2023 View Article

American Express Announces Election Of Procter & Gamble’s Deborah Platt Majoras To BOD – $AXP $OG $DIA $INVO

As per reports, American Express Company (AXP) announced the appointment of Deborah Platt Majoras to its Board of Directors, effective December 7, 2022. Prior to her retirement earlier this year, Ms. Majoras served as Corporate Secretary & Chief Legal Officer of consumer giant Procter & Gamb...

Dec 08, 2022 View Article

Australian Securities Regulator Files Lawsuit Against AmEx Over Breach Of Credit Card Distribution – $AXP $DIA

Reportedly, the Australian securities regulator has approached the court against the local unit of American Express Company (AXP) alleging two of its credit cards co-branded in association with retailer David Jones were issued to customers without ensuring that they understood the details around the...

Dec 07, 2022 View Article

American Express To Create First Credit Card For Square Sellers Empowering Small Businesses – $AXP $SQ $DIA $INM

Reportedly, American Express (AXP) and Square (SQ) are expanding their relationship and plan to launch a new credit card built specifically for Square sellers on the American Express network. The card will be issued by Celtic Bank and powered by i2c Inc. "Small businesses can struggle to find fair ...

Nov 17, 2022 View Article

AmEx Quarterly Earnings Improve Amid Strong Spending – $AXP $DIA $ATOS $INVO

As per reports, American Express Company (AXP) third-quarter earnings improved as spending on goods, services and travel kept up despite fears of a potential economic slowdown later in the year. The company now expects to report full-year profit above its prior forecast of $9.25 to $9.65 per share. ...

Dec 06, 2022 View Article

AmEx Lifts COVID Vaccine Requirements For Working From Office – $AXP $DIA $INVO

As per reports, American Express Co. (AXP) has lifted COVID-19 vaccine requirements at its offices effective November 1, as the credit card giant prepares to remove pandemic-era protocols. According to the memo, the new guidelines will apply to offices in the United States, Canada, Australia, and Ne...

Nov 29, 2022 View Article

American Express Announces Quarterly Dividend Payable November 10, 2022 – $AXP $DIA $INVO

As per reports, the Board of American Express Company (AXP) declared a regular quarterly dividend of $0.52 per common share to stockholders as of October 14, 2022. The dividend is payable on November 10, 2022. Dow 30 component American Express Company (AXP) and its subsidiaries provide cu...

Oct 05, 2022 View Article

American Express Schedules Q3 2022 Release For October 21 – $AXP $DIA $INVO

As per reports, American Express Company (AXP) is to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, October 21, 2022, to discuss the third quarter of 2022 financial results. The webcast of the event can be reached at https://ir.americanexpress.com/. The finan...

Oct 02, 2022 View Article

Payment Giants Visa, Mastercard, Amex Urged By Officials To Track Gun Sales – $V $MA $AXP $DIA $INVO

As per reports, top New York City and California pension officials have asked payments processors Visa Inc. (V), Mastercard Inc (MA) , and American Express Company (AXP) to create a new tool to track suspicious gun purchases. Brad Lander, Staff for New York City Comptroller overseeing pension funds,...

Oct 03, 2022 View Article

AmEx Exceeds Q2 Estimates As Card Member Spending Jumped, Boosts Outlook – $AXP $DIA

As per reports, American Express (AXP) reported their Q2 earnings and exceeded market estimates as card member spending jumped 30% over the year on a foreign currency-adjusted basis, as global travel and entertainment purchases bounced back. The credit card giant reported earnings of $2.57 per shar...

Jul 26, 2022 View Article

American Express Announces Release Of Q2 Earnings July 22, 2022- $AXP $DIA

Reportedly, American Express Company (AXP) is scheduled to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 22, 2022, to discuss second quarter 2022 financial results. The webcast can be reached at the American Express Investor Relations website at https://...

Jun 30, 2022 View Article

AmEx Announces Dividend Payable August 10, 2022 – $AXP $DIA

Reportedly, the Board of American Express Company (AXP) announced a regular quarterly dividend of $.52 per common share to the stockholders as of July 1, 2022. The dividend is payable on August 10, 2022. The company also declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncum...

May 10, 2022 View Article

American Express Announces A 20% Dividend Increase – $AXP $DIA

As per reports, the board of American Express Company (AXP) has approved a dividend of $.52 per common share, a 20% increase from $.43 cents, in the regular quarterly dividend on the company’s common stock payable on May 10, 2022, to shareholders as on April 8, 2022. Dow 30 component ...

Mar 10, 2022 View Article

AmEx Exits Russia Amid Invasion In Ukraine – $AXP $V $MS $DIA $AAPL

Reportedly, American Express Company (AXP) is the latest credit card company to announce it is pulling out of Russia and Belarus as Vladimir Putin’s invasion into Ukraine escalates. The company informed that globally issued American Express cards will no longer work at merchants or ATMs in Russia....

Mar 09, 2022 View Article

American Express Company Announces Preferred Stock Dividend Payable March 15, 2022 – $AXP $DIA

Reportedly, the board of The American Express Company (AXP) announced a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $8,875 per share (equivalent to $8.87500 per related Depositary Share) payable on March 15, 2022, to shareholders as of M...

Jan 30, 2022 View Article

American Express Company’s Quarterly Earnings Point To Strong Consumer Spending In Face of Omicron – $AXP $DIA

Reportedly, American Express Company's (AXP) quarterly profit beat market estimates as consumers continued to spend to dine out during the holidays, fading the company's fears of a big impact from the Omicron variant. The company forecast 2022 net revenue growth of between 18% and 20% and earnings p...

Jan 27, 2022 View Article

American Express Company Announces Q4 & Full-Year 2021 Earnings Release Date – $AXP

Reportedly, American Express Company (AXP) announced to host a live audio webcast of its fourth-quarter and full-year 2021 financial results on January 25, 2022, Tuesday at 8:30 a.m. (ET) following the release at approximately 7 a.m. (ET). General Public can access the webcast through the American E...

Dec 22, 2021 View Article

American Express Company To Pay Quarterly Dividend On Feb 10 – $AMP

Reportedly, the Board of Directors of American Express Company (AXP) announced a regular quarterly dividend of $0.43 per common share to all stockholders as of January 7, 2022, payable on February 10, 2022. Dow 30 component American Express Company (AXP) and its subsidiaries provide custo...

Dec 16, 2021 View Article

AmEx Global Business Travel Announces $5.3B SPAC Deal With Apollo Global -$ASGC $GBTG

Reportedly, American Express Global Business Travel has announced to merge into with Apollo Global Management Inc. backed blank-check firm or SPAC to go public in a deal valued at around $5.3 billion. The deal with Apollo Strategic Growth Capital (ASGC) is expected to deliver gross proceeds of up to...

Dec 06, 2021 View Article

Amex Mandating Its U.S Employees Returning To Office To Be Fully Vaccinated

Reportedly, American Express Company (AXP) is requiring that its U.S employees working in the office need to be fully vaccinated against COVID-19 beginning Nov. 18, as per an internal memo sent by Chief Executive Officer Stephen Squeri. However, wearing masks or other facial coverings will be option...

Nov 18, 2021 View Article

American Express UK Credit Cards Consumers To Pay Higher Interest Rates Starting February

Reportedly, American Express Company (AXP) is set to increase interest rates that it charges UK consumers’ credit cards from 22.2% to 24.5% starting February next year. The increase of 2.3 percentage is because of the rising costs of providing loyalty programs, rewards, and benefits to its custome...

Oct 26, 2021 View Article

American Express Posts Strong Q3 Earnings As Card Spending Increases

As per reports, American Express Company (AXP) released third-quarter earnings reporting earnings per share of $2.27 a share on revenue of $10.9 billion, exceeding analysts’ estimates of $1.80 a share on revenue of $10.52 billion. Net income in the period was $1.83 billion versus $1.07 billion a y...

Oct 27, 2021 View Article

American Express & Goldman Collaborating To Offer Businesses Integrated Digital Payments Solutions

Reportedly, American Express (AXP) and Goldman Sachs (GS) Transaction Banking announced a collaboration to provide large corporate clients with a cloud-based payments solution that will support multiple payment options and also offer analytics and data in one integrated platform. The collaboration w...

Oct 25, 2021 View Article

American Express Schedules Quarterly Dividend Payable Nov 10

As per reports, the Board of American Express Company (AXP) announced a regular quarterly dividend of $0.43 per common share to shareholders as of October 8, 2021. The dividend is payable on November 10, 2021. Dow 30 component American Express Company (AXP) and its subsidiaries provide customers ...

Sep 29, 2021 View Article

American Express Schedules Q3 Earnings Release On Oct 22

As per reports, American Express Company (AXP) is to release its third-quarter 2021 financial results on Friday, October 22, 2021, followed by a live audio webcast of its earnings conference call at 8:30 a.m. (ET). The webcast can be reached at the company’s website at https://ir.americanexpress.c...

Sep 27, 2021 View Article

American Express Delays Return Of Employees To Office As Delta Variant Surges

As per reports, American Express Company (AXP) has delayed a full return of its employees to offices in the United States until at least October 11, as the highly contagious Delta variant of coronavirus is witnessing a surge in the country, informed an internal memo sent by Steve Squeri Chief Execut...

Aug 15, 2021 View Article

American Express Gains Record Number Of New Customers To Its Platinum Card – Reports Strong Q2 Revenue

American Express Company (AXP) reported a revenue surge of 33% to $10.2 billion in the second quarter, topping the $9.6 billion average estimate of analysts, as the credit-card giant added a record number of new customers to its tony Platinum card in the period. AmEx was hit hard by the Covid-19 ...

Jul 26, 2021 View Article

AmEx’s Adds Walmart Rewards To Its $695-A-Year Platinum Card

As per reports, American Express Co. (AXP) is adding the perks available to customers of its high-end Platinum Card to include rewards from Walmart Inc (WMT). The $695-a-year card will now offer statement credits for Walmart+ members, a membership program that offers customers free shipping for onli...

Oct 09, 2021 View Article

As US Gears Up American Express Includes Premium Benefits To Its Platinum Card

American Express Company (AXP) is adding numerous new perks to its Platinum product, from $200 in annual hotel credits to deals for chartering private jets as a broad move to revamp the popular premium card. The credit card giant has increased the annual Platinum fee to $695 from $550. “We’re...

Jul 05, 2021 View Article

American Express To Announce Q2 2021 Results On July 23

Reportedly, American Express Company to release its Q2 2021 financial results on Friday, July 23, 2021, at 7 a.m. (ET), followed by a live audio webcast at 8:30 a.m. (E.T) to discuss and review the results. The webcast can be reached by the general public at the American Express, Investor Relations ...

Jun 25, 2021 View Article

American Express Allows Employees To Work From Home Permanently For 2 Days A Week

Reportedly, American Express Co (AXP) will allow most employees to work from home for up to two days a week permanently, unveiling a hybrid back-to-office approach. As per an internal memo by AmEx Chief Executive Officer Stephen Squeri, most of the U.S. and U.K. staff of the credit card issuer will ...

Jun 20, 2021 View Article

American Express Secures First Spot In Customer Satisfaction In The J.D. Power U.S. Online & Mobile App Credit Card Studies

Reportedly, the American Express (AXP) App1 and the American Express website both have been ranked number one in customer satisfaction among the U.S. credit card companies’ mobile apps and credit card websites, according to the J.D. Power 2021 U.S. Online & Mobile App Credit Card Satisfaction ...

Jun 14, 2021 View Article

American Express Announces “Membership Week” From June 14 – June 18 Featuring Offers, Deals & Experiences

As per reports, American Express Company (AXP) is conducting its first-ever five-day Membership Week from June 14-June 18, featuring offers, experiences, and special deals for American Express ® U.S. Consumer and Small Business Card Members. "Part of what makes our brand so special is our commun...

Jun 10, 2021 View Article

American Express Announces Quarterly Dividend

Reportedly, the Board of American Express Company (AXP) announced a regular quarterly dividend of $.43 per common share to shareholders of record on July 2, 2021, payable on August 10, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globa...

May 10, 2021 View Article

American Express Exceeds Quarterly Profits- Benefits of $675M From Release of $1.05B From Loan-loss Reserves

As per reports, American Express Co (AXP) released strong quarterly earnings, beating market estimates. The business card for companies is improving as government incentives and vaccine rollouts point at economic recovery, assisting the industry to recover from a pandemic-driven low in non-essential...

Apr 23, 2021 View Article

American Express Gains 10th Spot On 2021 Fortune 100 Best Companies to Work For® list in the U.S.

Reportedly, American Express Company (AXP) has been ranked 10th on the 2021 Fortune 100 Best Companies to Work For® list in the U.S, for the second consecutive year of being among the Top 10. The ranking is based majorly on feedback from its employees and the company’s success in providing a dive...

Apr 16, 2021 View Article

American Express Announces Q1 Earnings Release Date

Reportedly, American Express Company (AXP) to release its first-quarter 2021 financial earnings on Friday, April 23, 2021, at 7.00 a.m. (ET), followed by a conference call at 8.30 am to discuss and review the results. The webcast can be reached by the interested parties on the company’s website un...

Mar 28, 2021 View Article

American Express Announces Quarterly Dividend Payable May 10, 2021

Reportedly, the board of American Express Company (AXP) announced a quarterly dividend of $.43 per common share to shareholders as of April 2, 2021. The dividend is payable on May 10, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses global...

Mar 18, 2021 View Article

American Express Widens Its Hiring Choices , As Work From Home Continues To Stay

As per reports, American Express Company (AXP) may prefer to hire from a larger talent pool in the future from cities where it does not have offices, as most of its employees would continue working from home. "I don't think the work environment as we left it, will be the work environment we come ...

Mar 10, 2021 View Article

American Express Pushes Uber Perks To Gold Card

Reportedly, American Express Co (AXP) is twisting the rewards on its Gold card as the credit card giant strives to retain its affluent customers. Customers holding a $250-a-year card will now receive a $10 monthly credit for purchases made with Uber Technologies Inc including their rides or food del...

Feb 10, 2021 View Article

American Express Elects Thomas J. Baltimore, President of Park Hotels & Resorts Inc., To Its Board

Reportedly, Thomas J. Baltimore, Jr., Chairman, Chief Executive Officer, and President of Park Hotels & Resorts Inc. has been elected to be a part of the American Express (AXP), Board of Directors effective January 27, 2021. Mr. Baltimore was elected Chairman of the Park Hotels & Resorts’ ...

Feb 03, 2021 View Article

American Express Exceeds Q4 Estimates & Hoping For More

American Express (AXP) beat the Q4 estimates, reporting an EPS of $1.75 on revenue of $9.35 billion, beating estimates at $1.26 a share. Consumer service revenue dropped 14% to $5.5 billion. Commercial services revenue decreased 20% to $2.7 billion. Merchant and network services revenue also dropped...

Jan 27, 2021 View Article

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