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American Express Company - $AXP STOCK NEWS

Welcome to our dedicated page for American Express Company news (Ticker: $AXP), a resource for investors and traders seeking the latest updates and insights on American Express Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Express Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Express Company's position in the market.

Rhea-AI Summary

American Express (AXP) has declared a quarterly dividend on its Series D Preferred Shares and a regular quarterly dividend on common shares. The dividend on Series D Preferred Shares is $9,269.44 per share, payable on June 17, 2024. The regular quarterly dividend on common shares is $0.70 per share, payable on August 9, 2024.

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Accel-KKR has completed the acquisition of Accertify from American Express, positioning the company for accelerated growth and innovation in the fraud prevention space. Accertify, a leading provider of fraud prevention solutions, will now focus on expanding its market presence and enhancing its product offerings. The acquisition marks a strategic move to drive value for customers and foster continued success in the global fraud protection technology market.

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American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) have introduced a -edition Boeing 747 Delta SkyMiles® Reserve Card design, made from retired planes. The card is available exclusively for Delta SkyMiles® Reserve and Reserve Business Card Members from April 25 to June 5, 2024. The new design features 33% metal from a retired Delta Boeing 747 plane, a white glossy finish inspired by clouds, and details of each aircraft's history. This initiative aims to provide aviation enthusiasts and Card Members with a piece of aviation history in their wallets, following the success of the first Card design in 2022.
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American Express reported a strong first quarter with a significant increase in revenue and earnings per share. The company's net income rose to $2.4 billion, with earnings per share reaching $3.33. Revenue grew by 11% to $15.8 billion, driven by an increase in Card Member spending and higher net interest income. The company reaffirmed its full-year 2024 revenue and EPS guidance, expecting revenue growth of 9-11% and EPS of $12.65 to $13.15.
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6.23%
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Hilton and American Express launch the enhanced Hilton Honors American Express Business Card with new benefits and up to $240 in annual statement credits on eligible Hilton purchases. The updated card offers a simplified rewards structure and accelerated points earning for Card Members.
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American Express (AXP) announces the schedule for its first-quarter 2024 earnings conference call and 2024 Annual Meeting of Stockholders. The webcast of the earnings call will be live-streamed on April 19, 2024, with financial results released prior. The virtual stockholders meeting is set for May 6, 2024, accessible to the public.
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American Express Travel® releases its 2024 Global Travel Trends Report, revealing insights into global travel bookings for the year. The report, based on survey data from multiple countries, shows a positive trend in travel spending for 2024.
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1.12%
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American Express (AXP) announces a 17% increase in quarterly dividend to $0.70 per share, following the fourth-quarter 2023 earnings release.
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2.28%
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American Express and Amex GBT announce a new integration to help small and mid-sized businesses manage their spend and expenses efficiently. The integration provides better visibility and control over employee spend, automates expense management processes, and offers seamless management solutions.
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American Express (NYSE: AXP) is set to open its largest Centurion Lounge at Hartsfield-Jackson Atlanta International Airport, featuring a locally-inspired menu, outdoor terraces, and a bespoke whiskey bar. The lounge design reflects Atlanta's 'city in the forest' reputation, offering a relaxing space with unique art installations and wellness amenities. Chef Deborah VanTrece will curate modern, global soul food for guests, and the lounge will house The Reserve, the Centurion Network's first whiskey bar.
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American Express Company

NYSE:AXP

AXP Rankings

AXP Stock Data

168.79B
569.66M
21.06%
65.3%
0.93%
Other Activities Related to Credit Intermediation
Finance and Insurance
Link
United States of America
NEW YORK

About AXP

American Express Company is an American multinational financial services corporation that specializes in payment cards. Headquartered in New York City, it is one of the most valuable companies in the world and one of the 30 components of the Dow Jones Industrial Average.