American Express Company
News and overview for American Express Company
American Express to Acquire Revolution Money to Develop Next Generation Payment Products [Press Release]
Business Wire | 4 days 7 hours 29 minutes ago
American Express Company (NYSE: AXP) today announced it has agreed to acquire Revolution Money, a Revolution LLC company.
American Express Creates New Unit to Provide Consulting and Business Development Services [Press Release]
Business Wire | 3 days 8 hours 30 minutes ago
American Express today announced the launch of American Express Business Insights, a new analytics and consulting organization that draws on the power and reach of the Company’s global network to help business customers develop better-informed strategies to grow their business.
The 2009 WIRED Store Debuts This Weekend Presented by American Express and Chevy [Press Release]
Business Wire | 2 days 4 hours ago
WIRED magazine today announced that American Express (www.americanexpress.com) and Chevy (chevy.com/camaro) are presenting sponsors of the WIRED Store, the magazine’s fifth annual marquee gallery-meets-retail experience. A launching pad for new technology and cutting-edge products as well as a showcase for inspired programming, the WIRED Store brings the varied and vibrant pages of WIRED to life. The WIRED Store, which serves as THE holiday destination for the WIRED set, will open its doors f...
American Express OPEN Announces Multi-Partner Government Contracting Program to Help Small Business Owners Win Government Contracts and Stimulus Funds [Press Release]
Business Wire | 3 days 2 hours 6 minutes ago
American Express OPEN®, the small business division of American Express®, today launched OPEN for Government Contracts: Victory in ProcurementSM (VIP) for Small Business, a national program to help small business owners capitalize on the enormous growth opportunity provided through government contracts. By partnering with Business Matchmaking (www.businessmatchmaking.com), SCORE “Counselors to America’s Small Business” (www.score.org) and Women Impacting Public Policy (WIPP) (www.giveme5.com)...
Zacks Analyst Blog Highlights: Apple Inc., KT Corp., SK Telecom, China Unicom and American Express Company [Press Release]
Business Wire | 1 day 23 hours ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. (Nasdaq: AAPL), KT Corp. (NYSE: KTC), SK Telecom (NYSE: SKM), China Unicom (NYSE: CHU) and American Express Company (NYSE: AXP).
Pentagon Federal Credit Union and American Express Announce Card-Issuing Partnership [Press Release]
MarketWire | 5 days 23 hours 16 minutes ago
NEW YORK, NY -- (Marketwire) -- 11/16/09 -- Pentagon Federal Credit Union (PenFed) and American Express today announced a strategic new partnership under which PenFed will issue American Express-branded credit cards. The PenFed Premium Travel Rewards American Express® Card will carry the American Express logo and will be accepted on American Express' global merchant network.
CORRECTING and REPLACING American Express OPEN and Lowe s Announce Agreement to Offer Small Business Cobrand Rewards Card [Press Release]
Business Wire | 5 days 23 hours 37 minutes ago
The second graph second sentence should read: Lowe’s has been a card-accepting merchant of American Express since 1982 (sted Lowe’s has been a card-accepting merchant of American Express since 1999).
American Express Business Travel Named World s Leading Business Travel Agency [Press Release]
Business Wire | 12 days 6 hours 7 minutes ago
American Express Business Travel, has been named the “World’s Leading Business Travel Agency” by World Travel Awards. With more than 180,000 travel professionals and key suppliers casting votes, the award recognizes American Express Business Travel for service excellence and the commitment to achieving best-in-class travel and expense management. This prestigious award was presented to American Express at the 16th Annual World Travel Awards, held in London on Sunday, November 8.
Consumers Entering Holiday Season More Joyful Than Gloomy with Plans to Give; Gift Cards Top the List [Press Release]
Business Wire | 6 days 9 hours 30 minutes ago
Even after a year of recession, for some consumers ‘tis the season for a rise in spending. A new survey from American Express (NYSE: AXP) reports that 10 percent of consumers actually intend to open their wallets and spend more on holiday gifts relative to last year and 43 percent plan to spend about the same. In the next 30 days, more than one in five U.S. consumers (22%) expect to spend more when compared to the last 30 day period.
American Express Clients Expect China to Lead Business Travel Recovery [Press Release]
Business Wire | 25 days 6 hours 24 minutes ago
American Express Business Travel announced today the findings of two surveys which offered separate yet similar predictions on the health and future of business travel heading into 2010. The company surveyed its Global Business Partnership (GBP) clients, its largest global clients, as well as 180 client organizations based across Shanghai, Beijing, and Guangzhou in China through its annual China Business Travel Survey (The Barometer). The findings indicate that clients expect China will lead ...
American Express Reports Third Quarter Earnings from Continuing Operations of $642 Million; EPS of $0.54 [Press Release]
Business Wire | 31 days 48 minutes ago
American Express Company (NYSE: AXP) today reported third-quarter income from continuing operations of $642 million, down 25 percent from $861 million a year ago. Diluted earnings per share from continuing operations were $0.54, down 27 percent from $0.74 a year ago.
Critical Alerts for American Express, Coca-Cola, Yamana Gold, Itau Unibanco, and International Game Technology Released by Seven Summits Research [Press Release]
PRNewswire | 6 days 29 minutes ago
Critical Alerts for American Express, Coca-Cola, Yamana Gold, Itau Unibanco, and International...Today's PriceWatch Alerts cover the following stocks: American Express Company , The Coca-Cola Company , Yamana Gold, Inc. , Itau Unibanco...
Hewitt Associates, The RBL Group and Fortune Announce Global Top Companies for Leaders [Press Release]
Business Wire | 3 days 6 hours 30 minutes ago
IBM, Procter & Gamble and General Mills head the 2009 list of Global Top Companies for Leaders, the most comprehensive study of organizational leadership in the world. The Global Top Companies for Leaders study is conducted by Hewitt Associates, a global consulting and outsourcing company, in partnership with The RBL Group, a strategic HR and leadership systems advisory firm, and Fortune. This year’s winners were selected and ranked by an expert panel of independent judges based on criteria i...
Small Business Holiday Gift Budgets Hold Steady, but Fewer Plan Bonuses and Raises for Employees, According to the American Express OPEN Small Business Holiday Monitor [Press Release]
Business Wire | 13 days 3 hours 26 minutes ago
Less than half (47%) of small businesses plan to give gifts to customers this holiday season on par with last year (52%), and their total customer gift budgets remain steady versus last year ($455 in 2009 vs. $457 in 2008), according to the American Express OPEN Small Business Holiday Monitor, an annual survey of business owners conducted since 2002.
American Express Nonprofit Leadership Academy Returns for Third Session [Press Release]
Business Wire | 27 days 7 hours 30 minutes ago
American Express kicked off the third American Express Nonprofit Leadership Academy today, its nation-wide program to develop the next generation of leaders in the nonprofit sector. The Nonprofit Leadership Academy is a week-long training program created in partnership with the Center for Creative Leadership (CCL) that immerses participants in a series of leadership training and development courses. Through the Academy, participants gain a better awareness of their own strengths and weaknesse...
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Company Overview
| Company: | American Express Company |
|---|---|
| Industry: | Credit Cards |
| Website: | http://www.americanexpress.com |
American Express makes money even if you do leave home without it. The company is one of the world's largest travel agencies, but it is better known for its charge cards and revolving credit cards. And yes, the company still issues traveler's checks and publishes such magazines as "Food & Wine" and "Travel & Leisure" through its American Express Publishing unit. Its travel agency operations have more than 2,200 locations worldwide, and its Travelers Cheque Group is the world's largest issuer of traveler's checks (it also issues gift cards). But the company's charge and credit cards are its bread and butter; American Express has more than 92 million cards in circulation worldwide.
Key Numbers
| Sales in U.S. Dollars (mil.) | 28,365 (2008) |
|---|---|
| One-year % Growth in Sales | -10.1 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,699 (2008) |
| One-year % Growth in Net Income | -32.7 (2008) |
| Number of Employees | 66,000 (2008) |
| One-year % Growth in Number of Employees | -2.5 (2008) |
| Fiscal Year-End | December |
