American Express Company News

company, AXP

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

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American Express Company Market News

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AXP: Merchant, Consumer & Commercial Momentum Now!

  • Recent filings and quarterly results show American Express (AXP) gaining traction across its consumer, commercial and merchant segments—billed business and discount revenue rose, commercial profitability jumped, and select institutional buying increased. These concrete operational gains underpin near-term stock fundamentals.
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