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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

American Express Says New Reportable Operating Segments Include Global Commercial Services
Thursday, 21 Jun 2018 

June 20 (Reuters) - American Express Co ::AMERICAN EXPRESS - NEW REPORTABLE OPERATING SEGMENTS ARE GLOBAL CONSUMER SERVICES GROUP, GLOBAL MERCHANT AND NETWORK SERVICES - SEC FILING.AMERICAN EXPRESS - NEW REPORTABLE OPERATING SEGMENTS INCLUDE GLOBAL COMMERCIAL SERVICES.AMERICAN EXPRESS CO - FINANCIAL DISCLOSURES TO REFLECT ORGANIZATIONAL CHANGES STARTING IN THE SECOND QUARTER OF 2018.  Full Article

Soros Fund Management Dissolves Share Stake Qualcomm, Twitter
Wednesday, 16 May 2018 

May 15 (Reuters) - Soros Fund Management::SOROS FUND MANAGEMENT TAKES SHARE STAKE IN AMERICAN EXPRESS TO 181,847 SHARES - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN BANK OF AMERICA TO 2.4 MILLION SHARES FROM 264,600 SHARES - SEC FILING.SOROS FUND MANAGEMENT REPORTS SHARE STAKE IN NEW YORK TIMES OF 126,400 SHARES - SEC FILING.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN QUALCOMM - SEC FILING.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN URBAN OUTFITTERS TO 569,339 SHARES FROM ABOUT 1 MILLION SHARES - SEC FILING.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN TWITTER - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN ADVANCED MICRO DEVICES TO 392,000 SHARES FROM 26,300 SHARES - SEC FILING.SOROS FUND MANAGEMENT REPORTS SHARE STAKE IN AIG OF 298,763 SHARES - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN COTY TO 1.1 MILLION CLASS A SHARES FROM 130,100 CLASS A SHARES - SEC FILING.SOROS FUND MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

American Express Canada Says Reached Agreement With Aimia And Air Canada To Extend Agreement To Remain Payments Card Partner
Tuesday, 15 May 2018 

May 14 (Reuters) - American Express Canada ::AMERICAN EXPRESS CANADA - REACHED AGREEMENT WITH AIMIA AND AIR CANADA TO EXTEND AGREEMENT TO REMAIN PAYMENTS CARD PARTNER IN AEROPLAN REWARDS PROGRAM.AMERICAN EXPRESS CANADA - RENEWED CONTRACT EXTENDS THROUGH TO JUNE 29, 2020, TO BE COTERMINOUS WITH AIR CANADA'S PARTICIPATION IN AEROPLAN.  Full Article

American Express Posts Qtrly Earnings Per Share $1.86
Thursday, 19 Apr 2018 

April 18 (Reuters) - American Express Co ::QTRLY EARNINGS PER SHARE $1.86.QTRLY REVENUE $9.7 BILLION.Q1 EARNINGS PER SHARE VIEW $1.71, REVENUE VIEW $9.46 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

American Express Sets Quarterly Dividend Of $0.35 Per Share
Tuesday, 13 Mar 2018 

March 13 (Reuters) - American Express Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.35 PER SHARE.  Full Article

American Express Acquires Mezi
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - American Express Co ::AMERICAN EXPRESS ACQUIRES MEZI.AMERICAN EXPRESS CO - ‍GOING FORWARD, MEZI WILL OPERATE AS A WHOLLY-OWNED SUBSIDIARY OF AMERICAN EXPRESS​.AMERICAN EXPRESS CO - ‍ MEZI'S CO-FOUNDERS WILL CONTINUE TO LEAD MEZI​.AMERICAN EXPRESS CO - ‍FOR THOSE CURRENTLY ALREADY ENROLLED IN ASKAMEX PILOT, IT WILL CONTINUE TO RUN THROUGH FIRST HALF OF 2018​.  Full Article

American Express Reports Q4 EPS Of $1.58 Excluding Items
Friday, 19 Jan 2018 

Jan 18 (Reuters) - American Express Co ::AMERICAN EXPRESS REPORTS QUARTERLY REVENUES UP 10 PERCENT WITH RECORD CARD MEMBER SPENDING.SEES FY 2018 EARNINGS PER SHARE $6.90 TO $7.30.Q4 LOSS PER SHARE $1.41.Q4 EARNINGS PER SHARE VIEW $1.54 -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE $1.58 EXCLUDING ITEMS.- SEES 2018 EARNINGS PER SHARE OF $6.90 TO $7.30.QTRLY CONSOLIDATED EXPENSES WERE $6.2 BILLION, DOWN 1 PERCENT FROM A YEAR AGO.- U.S. CONSUMER SERVICES REPORTED FOURTH-QUARTER NET INCOME OF $507 MILLION, UP 44 PERCENT FROM $351 MILLION A YEAR AGO.- QTRLY TOTAL REVENUES NET OF INTEREST EXPENSE $8.84 BILLION VERSUS $8.02 BILLION.- INTERNATIONAL CONSUMER AND NETWORK SERVICES REPORTED FOURTH-QUARTER NET INCOME OF $199 MILLION, UP FROM $84 MILLION A YEAR AGO.- QTRLY CONSOLIDATED PROVISIONS FOR LOSSES WERE $833 MILLION, UP 33 PERCENT FROM $625 MILLION A YEAR AGO.- "PLAN TO SUSPEND OUR SHARE BUYBACK PROGRAM FOR FIRST HALF OF 2018 IN ORDER TO REBUILD OUR CAPITAL".- NOW EXPECT TO INVEST UP TO $200 MILLION MORE IN 2018 THAN ORIGINALLY PLANNED FOR CUSTOMER-FACING GROWTH INITIATIVES.- "OVERALL, WE BELIEVE TAX ACT WILL BE A POSITIVE DEVELOPMENT FOR BOTH U.S. ECONOMY AND AMERICAN EXPRESS".AMERICAN EXPRESS - MIDPOINT OF 2018 EPS OUTLOOK RANGE WOULD REPRESENT ABOUT 20 PERCENT INCREASE FROM 2017 EPS, EXCLUDING IMPACTS OF TAX ACT 2017.FY2018 EARNINGS PER SHARE VIEW $7.04 -- THOMSON REUTERS I/B/E/S.  Full Article

American Express Sees FY 2017 EPS To Be Below $5.80-$5.90 Guidance Range
Thursday, 4 Jan 2018 

Jan 3 (Reuters) - American Express Co ::SAYS ‍ESTIMATE OVERALL IMPACTS OF TAX ACT WILL REDUCE EARNINGS FOR Q4 OF 2017 BY APPROXIMATELY $2.4 BILLION​.SAYS EXPECT TO REPORT A NET LOSS FOR Q4 OF 2017​.SAYS IMPACTS OF TAX ACT IN Q4 WILL REDUCE CO'S REGULATORY CAPITAL AND OUR CAPITAL RATIOS - SEC FILING.SAYS DUE TO IMPACTS OF TAX ACT, SEES FULL YEAR 2017 EARNINGS PER SHARE TO BE BELOW $5.80 TO $5.90 GUIDANCE RANGE - SEC FILING.FY2017 EARNINGS PER SHARE VIEW $5.85 -- THOMSON REUTERS I/B/E/S.SAYS ‍BEGINNING IN 2018, CO ANTICIPATES AN EFFECTIVE TAX RATE IN LOW TWENTIES BEFORE DISCRETE TAX ITEMS​.SAYS ‍LOWER CORPORATE RATE FROM TAX ACT IS EXPECTED TO BE A "SIGNIFICANT ONGOING BENEFIT" TO CO.  Full Article

Marriott Signs New Co-Brand Credit Card Agreements With JPMorgan Chase, American Express
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Marriott International Inc ::MARRIOTT INTERNATIONAL SIGNS NEW CO-BRAND CREDIT CARD AGREEMENTS WITH JPMORGAN CHASE AND AMERICAN EXPRESS.MARRIOTT - REACHED NEW AGREEMENTS WITH JPMORGAN CHASE & AMERICAN EXPRESS FOR U.S.-ISSUED, CO-BRAND CREDIT CARDS ASSOCIATED WITH LOYALTY PROGRAMS.MARRIOTT - MARRIOTT EXPECTS TO INTRODUCE NEW, CO-BRAND PRODUCTS STARTING IN 2018.MARRIOTT - FOR NOW, THERE WILL BE NO CHANGES TO MARRIOTT'S EXISTING CO-BRAND CARDS FOR MEMBERS.  Full Article

American Express ‍Declared A Regular Quarterly Dividend Of $0.35 Per Common Share​
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - American Express Co ::SAYS ‍DECLARED A REGULAR QUARTERLY DIVIDEND OF $0.35 PER COMMON SHARE​.  Full Article

EU mergers and takeovers (June 20)

BRUSSELS, June 20 The following are mergers under review by the European Commission and a brief guide to the EU merger process: