Welcome to our dedicated page for American Express Co news (Ticker: AXP), a resource for investors and traders seeking the latest updates and insights on American Express Co stock.
American Express (AXP) is a global financial services leader specializing in payment solutions for consumers and businesses. This page aggregates official press releases, corporate announcements, and market analyses related to AXP's operations across its consumer, commercial, and merchant network segments.
Investors and industry observers will find timely updates on earnings reports, strategic partnerships, product innovations, and regulatory developments. The curated collection serves as a centralized hub for tracking AXP's financial performance, technological advancements in digital payments, and evolving merchant services.
Key categories include quarterly financial disclosures, leadership changes, cybersecurity initiatives, and international market expansions. All content is sourced from verified corporate communications and reputable financial publications to ensure reliability.
Bookmark this page for streamlined access to American Express's latest business developments. Check regularly for updates on credit card industry trends, corporate responsibility initiatives, and network security enhancements that shape AXP's market position.
American Express (NYSE: AXP) has launched the 'Backing Historic Small Restaurants' initiative, investing over $1 million to aid historic restaurants in the U.S. as they recover from the pandemic. The program will provide 25 grants of $40,000 each to selected restaurants for improvements in their physical and digital operations. Partners like AT&T, Dell Technologies, and Resy will support these efforts with additional resources and training. The initiative aims to preserve the cultural significance of these establishments, with grantee announcements scheduled for May during National Preservation Month.
American Express Co. (NYSE: AXP) CEO Stephen J. Squeri will join Hilton Worldwide Holdings Inc. (NYSE: HLT) CEO Christopher J. Nassetta for a joint Q&A session at the Citi 2021 Virtual Global Property CEO Conference on March 9, starting at 12:15 p.m. ET. The session will be accessible via a live audio webcast on the American Express Investor Relations website. An audio replay will also be available post-event. American Express is recognized as a global payments company, providing a range of financial products and services to enhance customer experiences.
American Express (NYSE: AXP) plans to open its 16th Centurion Lounge at Washington, D.C.’s Reagan National Airport and expand existing locations at Seattle-Tacoma and San Francisco airports by late 2022. The new DCA lounge will cover over 11,500 square feet and offer unique city-inspired amenities. The SEA lounge will triple in size while SFO will nearly double, both providing enhanced experiences for Card Members. A recent survey indicates that 62% of travelers feel comfortable flying domestically within 6 months, prompting this expansion to support travel benefits.
American Express (NYSE: AXP) CFO Jeffrey C. Campbell will speak at the KBW Fintech Payments Conference on February 23, at 8:50 a.m. ET. He will engage in a virtual Q&A session, discussing the company’s business strategy and financial performance. A live audio webcast will be available to the public on the American Express Investor Relations website, with an audio replay accessible after the event.
American Express is a global payments company that offers products and insights to enhance customer experiences and business success.
American Express (NYSE: AXP) has reintroduced the Rose Gold Card as a permanent design option for its U.S. Consumer Gold Card, responding to customer interest in customizable card designs. Alongside this launch, the company has introduced a $120 Uber Cash Benefit for Gold Card members, providing $10 monthly for rides and deliveries. In addition to dining rewards and other benefits, this initiative aims to enhance customer experience and retention. The card's design returns after positive feedback from prior limited-time offerings in 2018 and 2019.
American Express (NYSE: AXP) and Resy launched the Order In, Help Out campaign to encourage takeout orders, especially on #TakeoutTuesday. With over half of U.S. restaurant owners considering closing permanently due to the pandemic, the campaign aims to raise awareness of the importance of takeout, which generates over $700 million in daily sales for the industry. American Express is offering dining credits up to $220 for eligible Card Members and supporting restaurants through initiatives like fee relief on Resy.
American Express (AXP) announced the opening of its 14th Centurion Lounge at Denver International Airport (DEN) on February 1, 2021. The lounge spans over 14,000 square feet, offering a safe and comfortable environment for travelers. Guests will enjoy unique amenities such as a Craft Beer Bar featuring local brews, a menu curated by award-winning Chef Lachlan Mackinnon-Patterson, and a game room. Enhanced health measures are in place to ensure safety during this time of increased travel interest, with 49% of consumers planning to fly this summer.
American Express Company (NYSE: AXP) has elected Thomas J. Baltimore, Jr. to its Board of Directors, effective January 27, 2021. Baltimore is a seasoned leader in hospitality, possessing over 30 years of experience, including significant roles at Park Hotels & Resorts, which he has led since 2016. His expertise in capital markets and strategic management is expected to enhance American Express's board. Stephen J. Squeri, the CEO of American Express, emphasized the value Baltimore will bring as the company pursues long-term growth strategies.
American Express Company (NYSE: AXP) has announced dividends for its Series B and C Preferred Shares. The quarterly dividend for Series B is set at $9,325.22 per share, payable on February 16, 2021. Shareholders must be on record by February 5, 2021. For Series C, the dividend is $8,753.75 per share, payable on March 15, 2021, with a record date of March 1, 2021. This reflects the Company's commitment to providing returns to its shareholders.
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