American Express Stock Slips
American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards over the holidays, a tailwind the firm said it expects will continue.
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.
Analyst Vincent Caintic of BTIG maintained a Sell rating on American Express (AXP – Research Report), retaining the price target of
Check out our list of how much money each player in the field came away with at the 2025 American Express, played in Palm Springs, Calif.
American Express . We delivered record revenues of $65.9 billion, up 10 percent on an FX-adjusted basis, record net income of $10.1 billion, an
Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.
In addition to an earnings beat, American Express disclosed a 17% increase to its quarterly dividend. Here's what that means for the Dow Jones stock.
American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices.
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
American Express has evolved significantly since launching its inaugural charge card in 1958, now offering a diverse array of choices to suit various lifestyles and financial goals. Whether you ...
At about $313 per share (as of Jan. 17), American Express at least deserves a closer look from investors. But its valuation has gotten richer, with the stock trading at a price-to-earnings ratio of 23. That's 42% more expensive than just 12 months ago. The market has become bullish about its prospects as we look to the near term.