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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

100.44USD
24 Apr 2018
Change (% chg)

$-0.17 (-0.17%)
Prev Close
$100.61
Open
$101.19
Day's High
$101.70
Day's Low
$99.58
Volume
1,014,037
Avg. Vol
1,087,524
52-wk High
$102.95
52-wk Low
$75.98

Latest Key Developments (Source: Significant Developments)

American Express Posts Qtrly Earnings Per Share $1.86
Wednesday, 18 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
Thursday, 18 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
Wednesday, 3 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​
Tuesday, 28 Nov 2017 

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

American Express launches AMEX Advance Personalization Services across industries​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - American Express Co -:‍American Express launches AMEX Advance Personalization Services to companies across advertising, travel and service industries​.  Full Article

American Express enters agreement for issuance of notes
Friday, 27 Oct 2017 

Oct 27 (Reuters) - American Express Co ::Says on Oct 23, entered terms agreement for issuance and sale of $1.5 billion aggregate principal amount of 2.200% notes due Oct 30, 2020‍​.Says also entered terms agreement for issuance and sale of $500 million aggregate amount of floating rate notes due October 30, 2020.Says ‍also entered terms agreement for issuance and sale of $1.65 billion aggregate principal amount of 3.000% notes due October 30, 2024​.Says ‍securities will be issued pursuant to senior debt indenture, dated as of Aug 1, 2007, between co and Bank Of New York Mellon​.  Full Article

American Express says possible that unrecognized tax benefits could decrease within next 12 months by as much as $307 mln
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - American Express Co :American Express - Believes it's reasonably possible that unrecognized tax benefits could decrease within next 12 months by as much as $307 million.American Express - Unrecognized tax benefits could decrease as result of potential resolutions of prior years’ tax items with taxing authorities.  Full Article