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American Express Company

AXP.N

Latest Trade

103.92USD

Change

-0.74(-0.71%)

Volume

754,515

Today's Range

103.61

 - 

105.21

52 Week Range

67.03

 - 

138.13

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

American Express To Acquire Kabbage

Aug 17 (Reuters) - AMERICAN EXPRESS::AMERICAN EXPRESS - TO ACQUIRE KABBAGE; KABBAGE’S PRE-EXISTING LOAN PORTFOLIO IS NOT INCLUDED IN PURCHASE AGREEMENT.AMERICAN EXPRESS - ACQUISITION OF KABBAGE EXPECTED TO CLOSE LATER IN 2020, SUBJECT TO CUSTOMARY CLOSING CONDITIONS.AMERICAN EXPRESS - WILL ACQUIRE KABBAGE’S TEAM, ITS FULL SUITE OF FINANCIAL TECHNOLOGY PRODUCTS, DATA PLATFORM, IP BUILT FOR SMALL BUSINESSES.

Adage Capital Partners GP Takes Stakes In Moderna, Novavax, Hilton Worldwide; Dissolves in Gilead, Kroger

Aug 14 (Reuters) - Adage Capital Partners GP LLC::ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE IN MODERNA OF 325,000 SHARES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC DISSOLVES SHARE STAKE IN GILEAD SCIENCES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC DISSOLVES SHARE STAKE IN KROGER - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC DISSOLVES SHARE STAKE IN AMERICAN EXPRESS - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE IN NOVAVAX OF 199,600 SHARES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN PFIZER BY 71.5% TO 1.9 MILLION SHARES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE IN JOHNSON CONTROLS OF 1.4 MILLION SHARES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN SCHLUMBERGER FROM 323,867 SHARES TO 1.96 MILLION SHARES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE IN HILTON WORLDWIDE HOLDINGS OF 319,100 SHARES - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2020 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2020.

AmEx Overall Spending Volumes Were Down 20% Y-O-Y In Mid-July - Conf Call

July 24 (Reuters) - American Express Co <AXP.N>::AMEX SAYS OVERALL SPENDING VOLUMES WERE DOWN 20% Y-O-Y IN MID-JULY - CONF CALL.AMEX SAYS T&E SPENDING REMAINS DOWN 75% IN THE FIRST PART OF JULY- CONF CALL.AMEX SAYS FOR THE NON-T&E CATEGORIES, CONSUMER ONLINE AND CARD-NOT-PRESENT SPEND IS UP ABOUT 25% SO FAR IN JULY-CONF CALL.AMEX - WE ARE ON TRACK TO ACHIEVE OUR TARGET OF $1 BILLION OPEX REDUCTION Y-O-Y CUMULATIVELY ACROSS Q2 THROUGH Q4-CONF CALL.

American Express Reports Qtrly Earnings Per Share $0.29

July 24 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS CO - ‍​QTRLY EARNINGS PER SHARE $0.29.AMERICAN EXPRESS CO - ‍​QTRLY TOTAL REVENUE, NET OF INTEREST EXPENSE, $7.68 BILLION VERSUS $10.84 BILLION.AMERICAN EXPRESS CO - QTRLY CONSOLIDATED PROVISIONS FOR LOSSES $1.6 BILLION, UP FROM $861 MILLION.AMERICAN EXPRESS CO - Q2 RESULTS CONTINUED TO BE SIGNIFICANTLY AFFECTED BY IMPACTS OF COVID-19.AMERICAN EXPRESS CO - Q2 PRIMARILY REFLECTED DECLINE IN CARD MEMBER SPENDING, LOWER AVERAGE DISCOUNT RATE VERSUS PRIOR YEAR.AMERICAN EXPRESS CO - SPENDING VOLUMES, WHICH DECLINED TO THEIR LOWEST POINT THIS QUARTER IN APRIL, GRADUALLY IMPROVED IN MAY AND JUNE.AMERICAN EXPRESS CO - INCREASE IN QTRLY CONSOLIDATED PROVISIONS FOR LOSSES PRIMARILY DRIVEN BY RESERVE BUILD OF $628 MILLION.AMERICAN EXPRESS CO - QTRLY RESERVE BUILD PRIMARILY REFLECTED DETERIORATION OF GLOBAL MACROECONOMIC OUTLOOK.

American Express Reports Second-Quarter Revenue Of $7.7 Billion And Earnings Per Share Of $0.29

July 24 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS REPORTS SECOND-QUARTER REVENUE OF $7.7 BILLION AND EARNINGS PER SHARE OF $0.29.Q2 EARNINGS PER SHARE $0.29.Q2 EARNINGS PER SHARE ESTIMATE $-0.11 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED EXPENSES WERE $5.5 BILLION, DOWN 29 PERCENT FROM $7.8 BILLION A YEAR AGO.QTRLY GLOBAL CONSUMER SERVICES GROUP NET INCOME OF $527 MILLION VERSUS $881 MILLION.SPENDING VOLUMES, WHICH DECLINED TO THEIR LOWEST POINT THIS QUARTER IN APRIL, GRADUALLY IMPROVED IN MAY AND JUNE.QTRLY GLOBAL COMMERCIAL SERVICES NET LOSS OF $60 MILLION VERSUS NET INCOME OF $561 MILLION.QTRLY GLOBAL MERCHANT AND NETWORK SERVICES NET INCOME OF $66 MILLION VERSUS $564 MILLION.

American Express Provides Update On Its Capital Plans

June 30 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS PROVIDES UPDATE ON ITS CAPITAL PLANS.AMERICAN EXPRESS CO - FOR Q3 OF 2020, COMPANY INTENDS TO MAINTAIN ITS CURRENT QUARTERLY DIVIDEND OF 43 CENTS PER COMMON SHARE.AMERICAN EXPRESS CO - RESUBMITTING ITS CAPITAL PLAN TO FEDERAL RESERVE IN Q4.AMERICAN EXPRESS CO - MINIMUM COMMON EQUITY TIER 1 (CET1) CAPITAL RATIO FOR COMPANY WILL EFFECTIVELY BE 7.0 PERCENT.AMERICAN EXPRESS CO - COMPANY'S Q1 CET1 CAPITAL RATIO WAS 11.9 PERCENT, ABOVE TARGET RANGE.AMERICAN EXPRESS CO - COMPANY'S PRELIMINARY SCB REQUIREMENT, WHICH WILL TAKE EFFECT ON OCTOBER 1, 2020, IS 2.5 PERCENT.

Greenlight Capital Inc Cuts Share Stake In Adient, Chemours

May 15 (Reuters) - GREENLIGHT CAPITAL INC::GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN ADIENT PLC BY 26.3% TO 1.85 MILLION SHARES.GREENLIGHT CAPITAL INC TAKES SHARE STAKE IN AMERICAN EXPRESS OF 127,200 SHARES - SEC FILING.GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN CHEMOURS CO BY 28.3% TO 4.9 MILLION SHARES.GREENLIGHT CAPITAL INC RAISES SHARE STAKE IN CNX RESOURCES CORPORATION BY 25.6% TO 7.4 MILLION SHARES.GREENLIGHT CAPITAL INC - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2020 AND COMPARED WITH PREVIOUS QUARTER ENDED AS OF DEC. 31, 2019.

American Express Reports Qtrly Discount Revenue $5.84 Bln vs $6.20 Bln Reported Last Year

April 24 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS CO - QTRLY DISCOUNT REVENUE $5.84 BILLION VERSUS $6.20 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QTRLY CARD MEMBER REWARDS EXPENSES $2.39 BILLION VERSUS $ 2.45 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO QTRLY U.S. BILLED BUSINESS $190.2 BILLION VERSUS $195.5 BILLION.AMERICAN EXPRESS CO QTRLY BILLED BUSINESS OUTSIDE THE U.S. $89.1 BILLION VERSUS $100.2 BILLION.

American Express Reports Qtrly Earnings Per Share $0.41

April 24 (Reuters) - American Express Co :AMERICAN EXPRESS CO - QTRLY EARNINGS PER SHARE $0.41; QTRLY ADJUSTED. EARNINGS PER SHARE EXCLUDING. CREDIT RESERVE BUILDS $1.98; QTRLY TOTAL REVENUE NET OF INTEREST EXPENSE $10.31 BILLION VERSUS $10.36 BLN‍​.AMERICAN EXPRESS CO - QTRLY CONSOLIDATED PROVISIONS FOR LOSSES $2.6 BILLION, UP FROM $809 MILLION.AMERICAN EXPRESS CO - RESERVE BUILDS IN QUARTER $1.7 BILLION REFLECT DETERIORATION OF ESTIMATED MACROECONOMIC OUTLOOK AS A RESULT OF COVID-19 IMPACTS.AMERICAN EXPRESS - Q1 REFLECTED SOFTNESS IN SPENDING VOLUMES BEGINNING LAST FEW DAYS OF FEB THAT ACCELERATED IN MARCH AS RESULT OF COVID-19 IMPACTS.AMERICAN EXPRESS - DETERIORATION IN ECONOMY DUE TO COVID-19 IMPACTS THAT BEGAN IN Q1 AND ACCELERATED IN APRIL HAS 'DRAMATICALLY' IMPACTED CO'S VOLUMES.AMERICAN EXPRESS CO SAYS "WE ARE AGGRESSIVELY REDUCING COSTS ACROSS THE ENTERPRISE".AMERICAN EXPRESS CO - EVOLVING COVID-19 SITUATION HAD SIGNIFICANTLY NEGATIVE IMPACTS ON FIRST-QUARTER RESULTS.AMERICAN EXPRESS CO SAYS OFFERING CONSUMER & SMALL BUSINESS CARD MEMBERS SHORT- AND LONG-TERM FINANCIAL ASSISTANCE PROGRAMS.AMERICAN EXPRESS CO - FOR MERCHANTS, EXTENDED AMOUNT OF TIME THEY HAVE TO RESPOND TO CARD MEMBER DISPUTES.AMERICAN EXPRESS SAYS IS COMMITTED TO NO COVID-19-RELATED LAYOFFS FOR REMAINDER OF 2020.

American Express Reports Q1 Rev Of $10.3 Bln And EPS Of $0.41

April 24 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS REPORTS FIRST-QUARTER REVENUE OF $10.3 BILLION AND EARNINGS PER SHARE OF $0.41.Q1 EARNINGS PER SHARE $0.41.Q1 EARNINGS PER SHARE ESTIMATE $1.43 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED EXPENSES WERE $7.2 BILLION, DOWN 5 PERCENT FROM $7.6 BILLION A YEAR AGO.GLOBAL CONSUMER SERVICES GROUP REPORTED FIRST-QUARTER NET INCOME OF $201 MILLION, COMPARED WITH $954 MILLION A YEAR AGO.GLOBAL COMMERCIAL SERVICES REPORTED FIRST-QUARTER NET INCOME OF $38 MILLION, COMPARED WITH $512 MILLION A YEAR AGO.GLOBAL MERCHANT AND NETWORK SERVICES REPORTED FIRST-QUARTER NET INCOME OF $417 MILLION, COMPARED WITH $571 MILLION A YEAR AGO.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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