AXP - American Express Company
| Previous close | 94.05 |
| Open | 96.77 |
| Bid | 94.11 x 900 |
| Ask | 94.60 x 1000 |
| Day's range | 93.85 - 97.29 |
| 52-week range | 67.00 - 138.13 |
| Volume | 3,993,106 |
| Avg. volume | 6,662,326 |
| Market cap | 75.933B |
| Beta (5Y monthly) | 1.11 |
| PE ratio (TTM) | 14.23 |
| EPS (TTM) | 6.63 |
| Earnings date | 24-Jul-2020 |
| Forward dividend & yield | 1.72 (1.82%) |
| Ex-dividend date | 01-Jul-2020 |
| 1y target est | 104.74 |
- Motley Fool
Stress Test Results Could Lead to Dividend Cuts -- Should Bank Investors Worry?
The Federal Reserve recently released the results of 2020 bank stress tests, and while no banks are in serious danger, some would see capital levels fall a bit too low for comfort in a prolonged and deep COVID-19 recession. As a result, the Fed issued a formula to govern bank dividends, and there's a real chance bank investors could see dividend cuts from some major financial institutions. In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss the news and what it could mean for bank investors.
- Zacks
American Express Boosts Small Businesses Hurt by Coronavirus Loss
American Express (AXP) lends a cushion to small business owners who complain of customer attrition as a coronavirus fallout.
- Business Wire
American Express Provides Update on Its Capital Plans
American Express Company (NYSE: AXP) provided an update today on its capital plans following further instructions from the Board of Governors of the Federal Reserve System regarding the 2020 Comprehensive Capital Analysis and Review (CCAR).
- Zacks
American Express (AXP) Gains But Lags Market: What You Should Know
American Express (AXP) closed the most recent trading day at $94.52, moving +1.18% from the previous trading session.
- Business Wire
American Express Commits More than $200 Million to Help Get Customers Shopping Small with its Largest-Ever Global Shop Small® Campaign
American Express, which has a long history of backing small businesses, today announced its largest-ever global Shop Small Campaign, that includes a commitment of more than $200 million over the next several months to help jumpstart spending at small merchants1, many of which were impacted by COVID-19. Additionally, in continuation of our longstanding support for minority-and women-owned businesses, American Express is building a coalition, with the U.S. Chamber of Commerce Foundation, that will bring together the U.S. Black Chambers, the National Black Chamber of Commerce, the National Business League and Walker’s Legacy with a $10 million pledge over the next four years to fund a program that will provide grants to U.S. Black-owned small businesses to assist in their recovery and address the challenges they face due to racial and social inequalities. A portion of the grant will also fund building the capacity of the network by offering leadership development and business mentoring. More information will be available at ShopSmall.com.
- Zacks
The Zacks Analyst Blog Highlights: Verizon, Lockheed, American Express, Boeing and Micron
The Zacks Analyst Blog Highlights: Verizon, Lockheed, American Express, Boeing and Micron
- Zacks
Top Analyst Reports for Verizon, Lockheed & American Express
Top Analyst Reports for Verizon, Lockheed & American Express
- Zacks
Should Value Investors Choose American Express (AXP) Stock?
Let's see if American Express (AXP) stock is a good choice for value-oriented investors right now from multiple angles.
- Business Wire
American Express Plans Live Audio Webcast of the Second Quarter 2020 Earnings Conference Call
American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 24, 2020 to discuss second quarter 2020 financial results.
- Zacks
Stock Market News for Jun 19, 2020
Benchmarks closed mixed on Thursday as investors digested weekly labor market report and grew concerned over signs of rising coronavirus cases in several states undergoing reopening process.
- Zacks
Record Gain in Retail Sales Puts Payment Stocks in Focus
Rise in retail sales favor payment stocks as remittances are being increasingly made through cards and mobile.
- Motley Fool
Is Discover Financial Services a Buy?
Is this fintech company's falling stock price an opportunity to buy, or a signal of deeper problems?
- Zacks
AmEx Wins PBOC Approval to Operate in China Via Joint Venture
American Express (AXP) secures license to build a network business for processing domestic and RMB transactions through its joint venture in mainland China.
- Business Wire
American Express Receives Clearance to Begin Processing Local Transactions in Mainland China
American Express (NYSE: AXP) announced today that its joint-venture in mainland China, Express (Hangzhou) Technology Services Company Limited ("Express Company"), has received approval from the People’s Bank of China (PBOC) for a network clearing license. With this, American Express becomes the first foreign payments network to be licensed to clear RMB transactions in mainland China. The company expects to begin processing transactions later this year.
- Reuters
American Express JV gets final approval to launch operations in China
China's central bank has given the final nod to a network clearing license for an American Express joint venture, allowing it to be the first foreign credit card company to launch onshore operations in China. The People's Bank of China (PBOC) said in a statement Saturday that it had approved the license for Express (Hangzhou) Technology Services Co., a joint venture between American Express and LianLian DigiTech Co Ltd. It said the move reflected China's continued opening up of its financial industry.
- Zacks
Rush for E-Commerce Sales Puts Payment Stocks in the Forefront
Bumped-up e-commerce sales amid the coronavirus outbreak are likely to lend an impetus to the companies in the payment space.
- Zacks
The Zacks Analyst Blog Highlights: AT&T, Disney, PepsiCo, American Express and Bayer Aktiengesellschaft
The Zacks Analyst Blog Highlights: AT&T, Disney, PepsiCo, American Express and Bayer Aktiengesellschaft
- Zacks
Dollar General, Hanesbrands, Visa, Mastercard and American Express highlighted as Zacks Bull and Bear of the Day
Dollar General, Hanesbrands, Visa, Mastercard and American Express highlighted as Zacks Bull and Bear of the Day
- Zacks
The Zacks Analyst Blog Highlights: Visa, Mastercard and American Express
The Zacks Analyst Blog Highlights: Visa, Mastercard and American Express
- Zacks
4 Electronic Payment Stocks to Gain as Economy Reopens
A pickup in consumer and business activities has put in limelight a couple of electronic payment companies.
- Zacks
Boom in Spending Via Plastic Money Puts Payment Stocks in View
Easing of shelter-in-place restraints pushes up the spending curve, especially on cards, favoring payment companies in the process.
- Motley Fool
Forget Apple: Here Are 3 Better Dividend Stocks
Apple (NASDAQ: AAPL) is a great stock to own, but the one area where it may be a bit underwhelming is its dividend. Pfizer (NYSE: PFE) is a drug manufacturer with sales all over the world. The New York-based company may not generate the level of long-term growth that you may expect from a top tech stock like Apple, but it can make for a stable, consistent dividend stock to hold in your portfolio.
- Zacks
American Express (AXP) Outpaces Stock Market Gains: What You Should Know
American Express (AXP) closed at $96.75 in the latest trading session, marking a +1.77% move from the prior day.
- Yahoo Finance
Will protests and looting permanently damage the economy?
Here's how investors should be thinking through the impact of social unrest sweeping the country.
