American Express Company

NYSE: AXP
$304.68
+$0.43 (+0.1%)
Closing Price on November 29, 2024

AXP Articles

Frankly, we think the ban on short sales is not the right way to run a free market.  But it doesn’t matter what we think.  These are the new rules, but they do not always make sense. Consider the...
This morning there was a rather long CNBC interview where Becky Quick got to interview Berkshire Hathaway’s (NYSE: BRK-A) Warren Buffett live in Omaha.  He noted specifically that the economic...
The AP announced its list of the top 10 paid CEOs for 2007. The figures were based on "AP’s compensation formula, which adds up salary, perks, bonuses, above-market interest on pay set aside for...
So far there are some changes seen in the holdings of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A).  We have consolidated these into groups and this group is from A to G, and this is for...
Wall St. cheered what seemed to be withering results from Washington Mutual (WM) and Wachovia (WB). WaMu lost $3.3 billion and reserved $3.7 billion to handle loan losses. Wachovia lost $9 billion...
While Wall St. was fixated on Apple’s (AAPL) numbers and the health outlook for Steve Jobs, American Express (AXP) slipped through the side door with some frightening numbers. Apple’s earnings...
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.   “The Next NVIDIA”...
American Express (NYSE: AXP) just posted $0.56 EPS on $7.484 Billion in revenues, although we would note that there are items in these results from continuing operations.  First Call had estimates...
These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning: American Express (NYSE: AXP) raised to Neutral at UBS....
MasterCard Incorporated (NYSE: MA) has just announced it has reached an agreement to settle its outstanding litigation with American Express (NYSE: AXP).  The company says the tax-affected net...
After today’s close, we got to see which stocks that Warren Buffett Held in the Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008.  Buffett’s filing cut off date as he has...
According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company said...
American Express Co. (NYSE: AXP) and GE Money, part of General Electric (NYSE: GE), have announced that American Express will purchase Corporate Payment Services, GE’s commercial card and corporate...
Tonight we are going to get the highly awaited VISA, Inc. initial public offering.  This one has been on the books since November 2007 and we have previously noted that this was going to be one of...
The Fed has already provided a facility of $200 billion to banks to help them improve balance sheets by exchange some of their less-than-liquid and less-than-valuable paper for real honest-to-God...