- American City Business Journals•3 hours ago
Financial-services giant American Express announced Tuesday it is acquiring InAuth, a Boston software company focused on fraud prevention and security on mobile devices. American Express declined to say how much it paid for InAuth. Founded in 2011, the company raised several million dollars from angel investors, then $20 million in a Series A round led by Bain Capital Ventures in March 2015, and then added another $3.8 million from American Express Ventures in February 2016, according to Lisa Stanton, CEO of InAuth.
- Barrons.com•4 hours ago
KBW analysts Sanjay Sakhrani and team ask if the "the election changed the game" for credit card issuers Capital One Financial (COF), Discover Financial Services (DFS), American Express (AXP), and Synchrony Financial (SYF): The Republican sweep surprise election set off a strong rally in financial stocks, with card issuers in our coverage up 14% since the election (versus down 6% year to date beforehand). The economic backdrop continues to be favorable for the cards and payments space, with loan growth solid, unemployment low, and consumer wage gains beginning to pick up steam. Sakhrani raised his price target on Capital One Financial to $97 from $88, on Discover Financial Services to $77 from $71, on American Express to $79 from $67 and on Synchrony Financial to $40 from $35.
AXP : Summary for American Express Company Common - Yahoo Finance
American Express Company (AXP)
NYSE - NYSE Real Time Price. Currency in USD
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|Bid||72.30 x 2200|
|Ask||72.31 x 3700|
|Day's Range||72.08 - 72.74|
|52 Week Range||50.27 - 73.18|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||12.85|
|Dividend & Yield||1.28 (1.78%)|
|1y Target Est||N/A|