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American Express Co. - AXP STOCK NEWS

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

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 Co.'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 Co.'s position in the market.

Rhea-AI Summary
American Express (AXP) will participate in investor conferences on February 26 and 27. The Chief Financial Officer will be part of fireside chats at the UBS Financial Services Conference and the KBW Fintech Payments Conference. Both presentations will be available via live audio webcast on the American Express Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
conferences
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Rhea-AI Summary
American Express Company (NYSE: AXP) reported full-year net income of $8.4 billion, or $11.21 per share, compared with net income of $7.5 billion, or $9.85 per share, a year ago. The company plans to increase the regular quarterly dividend on its common shares outstanding by 17 percent, from $0.60 to $0.70 per share, beginning with the first quarter 2024 dividend declaration. Full-year 2024 guidance for revenue growth of 9% to 11% and EPS of $12.65 to $13.15 was provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.1%
Tags
none
-
Rhea-AI Summary
American Express Company (NYSE: AXP) declared a quarterly dividend of $8,973.61 per share for its 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, payable on March 15, 2024. The dividend is equivalent to $8.97361 per related Depositary Share, and it will be distributed to shareholders of record on March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
Rhea-AI Summary
Accel-KKR, a technology-focused private equity firm, has reached an agreement with American Express to acquire Accertify, a leading provider of fraud prevention and payment gateway solutions. Accertify's advanced technologies help protect many businesses, including 40% of the Top 100 online retailers, major global airlines, and sports betting platforms. The global fraud detection and prevention market size is projected to grow from $44.0 billion in 2023 to $182.7 billion by 2030, exhibiting a CAGR of 22.6%. Accertify, with the support of Accel-KKR, is well-positioned to tackle these threats head-on and continue driving innovation in the fight against fraud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
-
Rhea-AI Summary
American Express Company (NYSE: AXP) will host a live audio webcast of its earnings conference call on January 26, 2024, to discuss fourth-quarter and full-year 2023 financial results. The webcast will be accessible to the general public through the American Express Investor Relations website. The financial results and presentation materials will be released and posted on the website prior to the conference call, with an audio replay available following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
-
Rhea-AI Summary
American Express Company (NYSE: AXP) declares a regular quarterly dividend of $0.60 per common share, payable on February 9, 2024, to shareholders of record on January 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
dividends
Rhea-AI Summary
American Express (NYSE:AXP) Collaborates with PlayLab, Inc. and Mattel Creations to Showcase Reimagined Toys as Limited Edition Collectibles at PLAY Gallery in Miami Beach EDITION during Art Week. The gallery will feature art pieces from visionary artists Salehe Bembury, Eny Lee Parker, Surin Kim, Serban Ionescu, and Kumkum Fernando, available for purchase in-person and online for a limited time starting December 10.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
Tags
none
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Rhea-AI Summary
American Express Company (NYSE: AXP) CEO Stephen J. Squeri to participate in Goldman Sachs U.S. Financial Services Conference on December 5, 2023, discussing business strategy and financial performance. Accessible via live audio webcast on the American Express Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
conferences
-
Rhea-AI Summary
American Express Travel® Releases 2024 Trending Destinations List, Uncovering Hidden Gems and New Experiences for Travelers
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
Rhea-AI Summary
American Express (NYSE: AXP) declares quarterly dividend on Series D Preferred Shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
dividends
American Express Co.

NYSE:AXP

AXP Rankings

AXP Stock Data

157.21B
569.66M
21.06%
65.3%
0.93%
Other Activities Related to Credit Intermediation
Finance and Insurance
Link
US
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.