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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

128.19USD
24 Feb 2020
Change (% chg)

$-6.71 (-4.97%)
Prev Close
$134.90
Open
$128.79
Day's High
$130.95
Day's Low
$127.26
Volume
1,743,825
Avg. Vol
808,400
52-wk High
$138.13
52-wk Low
$106.42

Latest Key Developments (Source: Significant Developments)

Jessica Quinn Appointed Executive Vice President, Corporate Controller And Principal Accounting Officer Of American Express
Saturday, 8 Feb 2020 

Feb 7 (Reuters) - American Express Co ::JESSICA LIEBERMAN QUINN APPOINTED EXECUTIVE VICE PRESIDENT, CORPORATE CONTROLLER AND PRINCIPAL ACCOUNTING OFFICER OF AMERICAN EXPRESS.AMERICAN EXPRESS - LIEBERMAN QUINN HAS SERVED AS SENIOR VP, BUSINESS CFO FOR GLOBAL COMMERCIAL SERVICES SINCE FEBRUARY 2019.  Full Article

American Express Reports Qtrly Discount Rev $6.83 Bln, Up From $6.46 Bln Last Year
Friday, 24 Jan 2020 

Jan 24 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - QTRLY DISCOUNT REVENUE $6.83 BILLION VERSUS $6.46 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QTRLY CARD MEMBER REWARDS EXPENSES $2.72 BILLION VERSUS $2.52 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO QTRLY U.S. BILLED BUSINESS $216.8 BILLION VERSUS $205.1 BILLION.AMERICAN EXPRESS CO QTRLY BILLED BUSINESS OUTSIDE THE U.S. $108.4 BILLION VERSUS $103.9 BILLION.  Full Article

Nielsen Names Linda Zukauckas Chief Financial Officer
Tuesday, 14 Jan 2020 

Jan 14 (Reuters) - Nielsen Holdings Plc ::NIELSEN BUILDS OUT MANAGEMENT TEAMS WITH TWO STRATEGIC HIRES.NIELSEN HOLDINGS PLC - DAVID RAWLINSON TO BECOME CEO OF NIELSEN GLOBAL CONNECT.NIELSEN HOLDINGS PLC - LINDA ZUKAUCKAS IS NAMED CHIEF FINANCIAL OFFICER FOR CO.NIELSEN HOLDINGS PLC - DAVID RAWLINSON JOINS FROM GRAINGER.NIELSEN HOLDINGS PLC - LINDA ZUKAUCKAS HAS BEEN WITH AMERICAN EXPRESS SINCE 2011 MOST RECENTLY SERVING AS DEPUTY CFO.  Full Article

American Express - Quarterly U.S. Billed Business $206.2 Billion Versus $194.6 Billion Reported Last Year
Friday, 18 Oct 2019 

Oct 18 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - QUARTERLY U.S. BILLED BUSINESS $206.2 BILLION VERSUS $194.6 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QTRLY DISCOUNT REVENUE $6,566 MILLION VERSUS $6,181 MILLION.AMERICAN EXPRESS CO - QUARTERLY BILLED BUSINESS OUTSIDE THE U.S. $102.0 BILLION VERSUS $100.1 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QTRLY CARD MEMBER REWARDS EXPENSES $2,614 MILLION VERSUS $2,400 MILLION.  Full Article

American Express Reports Second-Quarter Earnings Per Share Of $2.07
Friday, 19 Jul 2019 

July 19 (Reuters) - American Express Co ::AMERICAN EXPRESS REPORTS SECOND-QUARTER EARNINGS PER SHARE OF $2.07 STRONG REVENUE GROWTH REFLECTS HIGHER CARD MEMBER SPENDING, LOANS AND CARD FEES COMPANY REAFFIRMS 2019 OUTLOOK.COMPANY REAFFIRMS 2019 OUTLOOK.QTRLY CONSOLIDATED PROVISIONS FOR LOSSES WERE $861 MILLION, UP 7 PERCENT FROM $806 MILLION A YEAR AGO.QTRLY CONSOLIDATED EXPENSES WERE $7.8 BILLION, UP 9 PERCENT FROM $7.1 BILLION A YEAR AGO.QTRLY GLOBAL CONSUMER SERVICES GROUP REPORTED SECOND-QUARTER NET INCOME OF $738 MILLION, DOWN 4 PERCENT FROM $770 MILLION A YEAR AGO.QTRLY PERFORMANCE WAS DRIVEN BY A "WELL-BALANCED MIX OF SPENDING VOLUMES, LENDING INCOME AND CARD FEES.".QTRLY GLOBAL COMMERCIAL SERVICES REPORTED SECOND-QUARTER NET INCOME OF $644 MILLION, UP 14 PERCENT FROM $564 MILLION A YEAR AGO..QTRLY OPERATING EXPENSES WERE UP 7 PERCENT FROM A YEAR AGO.ADDED 2.9 MILLION NEW PROPRIETARY CARDS THIS QUARTER.QTRLY GLOBAL MERCHANT AND NETWORK SERVICES REPORTED SECOND-QUARTER NET INCOME OF $632 MILLION, UP 16 PERCENT.TO INCREASE REGULAR QUARTERLY DIVIDEND ON COMMON SHARES TO 43 CENTS PER SHARE FROM 39 CENTS BEGINNING WITH THIRD QUARTER 2019.FY2019 EARNINGS PER SHARE VIEW $8.14, REVENUE VIEW $43.57 BILLION -- REFINITIV IBES DATA.EXCLUDING IMPACT OF FOREIGN EXCHANGE RATES, QTRLY ADJUSTED REVENUES NET OF INTEREST EXPENSE GREW 10 PERCENT.  Full Article

American Express Announces Qtrly U.S. Billed Business of $209.2 Bln Versus $195.4 Bln
Friday, 19 Jul 2019 

July 19 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - QTRLY U.S. BILLED BUSINESS $209.2 BILLION VERSUS $195.4 BILLION.AMERICAN EXPRESS CO - QTRLY BILLED BUSINESS OUTSIDE THE U.S. $102.5 BILLION VERSUS $101.1 BILLION.AMERICAN EXPRESS CO - QUARTERLY DISCOUNT REVENUE $6,577 MILLION VERSUS $6,194 MILLION.AMERICAN EXPRESS CO - QUARTERLY CARD MEMBER REWARDS EXPENSES $2,652 MILLION VERSUS $2,433 MILLION.  Full Article

American Express reports Q2 Earnings Of $2.07 Per Share
Friday, 19 Jul 2019 

July 19 (Reuters) - American Express Co ::QUARTERLY EARNINGS PER SHARE $2.07.QUARTERLY REVENUE $10.8 BILLION.Q2 EARNINGS PER SHARE VIEW $2.04, REVENUE VIEW $10.82 BILLION -- REFINITIV IBES DATA.  Full Article

American Express Says Co is Offering $1.25 Bln Principal Amount Of 2.750% Notes Due May 20, 2022
Friday, 17 May 2019 

May 17 (Reuters) - American Express Co ::AMERICAN EXPRESS - OFFERING $1.25 BILLION PRINCIPAL AMOUNT OF 2.750% NOTES DUE MAY 20, 2022.AMERICAN EXPRESS - ALSO OFFERING $900 MILLION FLOATING RATE NOTES DUE MAY 20, 2022, AND $850 MILLION 3.125% NOTES DUE MAY 20, 2026 - SEC FILING.  Full Article

Third Point Takes Share Stake In Boston Scientific, United Technologies
Thursday, 16 May 2019 

May 15 (Reuters) - Third Point LLC::THIRD POINT LLC TAKES SHARE STAKE OF 5 MILLION SHARES IN BOSTON SCIENTIFIC.THIRD POINT LLC TAKES SHARE STAKE OF 6.5 MILLION SHARES IN UNITED TECHNOLOGIES CORP.THIRD POINT LLC CUTS SHARE STAKE IN AMERICAN EXPRESS TO 1.5 MILLION SHARES FROM 2.9 MILLION SHARES.THIRD POINT LLC TAKES SHARE STAKE IN COLFAX CORP OF 2 MILLION SHARES - SEC FILING.THIRD POINT LLC: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

American Express Says Berkshire Amends 1995 Voting, Securities Disposal Agreement
Monday, 6 May 2019 

May 6 (Reuters) - American Express Co ::CO AND BERKSHIRE HATHAWAY ENTERED INTO A LETTER AGREEMENT.AMENDED AND RESTATED LETTER AGREEMENT DATED FEB 27, 1995 RELATING TO BERKSHIRE'S VOTING, DISPOSAL OF CO'S VOTING SECURITIES.ALSO AMENDED LETTER AGREEMENT DATED JULY, 1995 RELATING TO BERKSHIRE'S OBLIGATIONS TO CO WITH RESPECT TO CERTAIN COMMITMENTS.BERKSHIRE AGREED AS LONG AS IT OWNS 10 PERCENT/MORE OF VOTING SECURITIES OF CO, IT WILL COMPLY WITH AMENDED PASSIVITY COMMITMENTS.IF BERKSHIRE OWNS 5%/MORE, WILL VOTE VOTING SECURITIES IN ACCORDANCE WITH RECOMMENDATION OF BOARD SO LONG AS STEPHEN SQUERI IS CEO.BERKSHIRE CAN NOW RETAIN UP TO 25% OF CO'S VOTING SECURITIES, WHERE IN INCREASE IN PERCENT OWNERSHIP ABOVE 17% IS DUE TO BUYBACKS.  Full Article

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China c.bank gives green light to Mastercard's China JV for clearing business

BEIJING China's central bank said on Tuesday it has approved an application by Mastercard's China joint venture to conduct bank card clearing operations in the country.