|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||91.12 - 93.96|
|52 Week Range||75.51 - 102.39|
|PE Ratio (TTM)||30.78|
|Earnings Date||Apr 18, 2018|
|Forward Dividend & Yield||1.40 (1.47%)|
|1y Target Est||107.96|
Abra CEO Bill Barhydt on creating an app that allows people to invest in 20 cryptocurrencies and 50 fiat currencies through the use of bitcoin and litecoin.
The current power structures and business currencies still conform to the same norm, consciously or unconsciously: someone who looks more like Bob Iger than Bob Johnson.
American Express (AXP) could benefit from changes to the Dodd-Frank Act. The most important change is that a bank’s total assets need to be more than $250 billion in order to qualify for the “too big to fail” designation. Smaller banks would be excluded from the designation and would spend less on regulatory measures. Another change is releasing banks from the Volcker Rule, which is part of the Dodd-Frank Act.
On March 7, 2018, American Express (AXP) held its Investor Day, which focused primarily on its business model, avenues for investments, and insights regarding the payments industry. In its discussion on its business model, management stated that the company has a wide reach and diverse customer base. According to the company’s investor presentation, out of its total revenues, 75% was comprised of revenues garnered from fees as well as spending after deducting reward costs.
On January 30, 2018, American Express (AXP) announced the acquisition of Mezi, an app (application) that focuses on customer satisfaction by guiding customers in booking as well as planning trips. On the Mezi app, interested customers can text their requirements for restaurants and flights and are then guided through the next steps. The company, with the help of human expertise as well as AI (artificial intelligence), customizes travel requirements to help customers make good decisions.
American Express Company plans to host a live audio webcast of its earnings conference call at 5:00 p.m. on Wednesday, April 18, 2018 to discuss first quarter 2018 financial results.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting AXP. Over the last one-month, outflows of investor capital in ETFs holding AXP totaled $3.11 billion.
Moody's Investors Service has assigned a definitive Aaa (sf) rating to the Class A Floating Rate Asset Backed Certificates and a definitive Aa2 (sf) rating to the Class B Floating Rate Asset Backed Certificates ...
Expedia Inc.-owned Orbitz said hackers may have accessed 880,000 credit-card numbers used to book travel through the site and other companies serviced by Orbitz, including American Express Co.
Orbitz, a subsidiary of online travel agency Expedia Inc, said on Tuesday that hackers may have accessed personal information from about 880,000 payment cards. Information such as names, phone numbers, email and billing addresses may have been accessed, the travel website operator said, adding that its website, Orbitz.com, was not impacted. "To date, we do not have direct evidence that this personal information was actually taken from the platform and there has been no evidence of access to other types of personal information, including passport and travel itinerary information," Orbitz said.
On February 28, 2018, Mastercard (MA) made an announcement regarding the development of its Masterpass QR bot on Facebook Messenger. This move is for small business owners in Asia and Africa. This move aims to help small business owners target new markets through the help of digital tools.
According to a report in The Wall Street Journal, the government expanded its investigation into Wells Fargo (WFC). The investigation will include Wells Fargo’s wealth management division. The U.S. Department of Justice is investigating whether Wells Fargo made inappropriate recommendations or referrals and failed to inform customers about potential conflicts of interest.
American Express (AXP) should benefit from the easing of regulations pertaining to the Dodd Frank Act; low tax rate, strong macro-economic conditions are other positives.
The stock market looked poised to end the week on solid ground Friday as several Dow stocks outperformed with gains of 1% more.
Gains in technology and financial stocks lifted Wall Street on Friday but the main indexes were still on track to record losses for the week that was dominated by trade war worries and political uncertainties. Markets were battered this week by fears of trade war after reports that President Donald Trump was planning to impose tariffs on Chinese imports and the ouster of Secretary of State Rex Tillerson. The Washington Post reported on Thursday that Trump had decided to remove H.R. McMaster as his national security advisor.
Moody's Investors Service has assigned a provisional (P)Aaa (sf) rating to the Class A Floating Rate Asset Backed Certificates and a provisional (P)Aa2 (sf) rating to the Class B Floating Rate Asset Backed ...
American Express Company today announced that Christopher D. Young has been elected to its board of directors.
The major market indexes opened up this morning, and even a short while ago the Dow Jones Industrial Average was clinging to its gains. The S&P 500 has fallen 0.4%, to 2770.91, while the Dow has declined 78.84 points, or 0.3%, to 25,099.77. The Nasdaq Composite has dropped 0.7%, to 7531.91.