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15 Articles About 1-amex

financialsSector reuters.com

UPDATE 1-AmEx profit misses estimates on higher marketing spend

Jan 19 (Reuters) - American Express Co posted a lower-than-expected quarterly profit on Thursday as the credit card issuer boosted spending on marketing and promotion to fend off rising competition.

cyclicalConsumerGoodsSector reuters.com

UPDATE 1-AmEx raises profit forecast for full year

Oct 19 (Reuters) - Credit card issuer American Express Co raised its 2016 adjusted earnings forecast and reported better-than-expected third-quarter revenue on Wednesday, sending its shares up 5 percent in extended trading.

financialsSector reuters.com

UPDATE 1-AmEx profit beats estimates on strength in overseas market

July 20 (Reuters) - Credit card issuer American Express Co reported a better-than-expected quarterly profit, driven by strength in its international business.

hotStocksNews reuters.com

UPDATE 1-AmEx shares fall as dodgy forecast points to identity crisis

Jan 22 (Reuters) - American Express Co shares on Friday had their worst day in more than six years as the company's disappointing earnings forecast for the full year raised doubts about the future of...

hotStocksNews reuters.com

UPDATE 1-AmEx to cut $1 bln in costs by end of 2017

Jan 21 (Reuters) - Credit card issuer American Express Co said it would cut $1 billion in costs by the end of 2017 as it responds to intensifying competition in the payments industry.

financialsSector reuters.com

UPDATE 1-AmEx profit misses estimates as costs rise, dollar hurts

Oct 21 (Reuters) - American Express Co, the world's largest credit card issuer, reported a quarterly profit that missed analysts' estimates as costs rose and a strong dollar ate into revenue from its international business.

marketsNews reuters.com

UPDATE 1-AmEx profit beats estimates as U.S. card holders spend more

April 16 (Reuters) - American Express Co, the world's largest credit card issuer, reported a better-than-expected rise in quarterly profit, helped by higher spending by U.S. card holders and an...

companyNews reuters.com

UPDATE 1-AmEx to launch its first cross-brand loyalty program in U.S.

March 18 (Reuters) - American Express Co said it will team up with seven U.S. companies, including Macy's Inc , AT&T Inc and Exxon Mobil Corp, to launch a cross-brand loyalty program for the first time in the United States.

companyNews reuters.com

UPDATE 1-Amex merchant rules violated U.S. antitrust law - judge

NEW YORK, Feb 19 (Reuters) - American Express Co violated U.S. antitrust law by imposing rules that barred merchants from steering customers to use credit cards that have lower processing costs, a federal judge ruled on Thursday.

companyNews reuters.com

CORRECTED-UPDATE 1-AmEx profit rises 9 pct as card holders spend more

(Corrects paragraph 1 to removed words ... better than expected...)

industrialsSector us.feedsportal.com

UPDATE 1-AmEx profit rises 9 pct as card holders spend more

July 29 (Reuters) - American Express Co reported a bigger-than-expected 9 percent rise in quarterly profit as more customers used its credit cards in a recovering U.S. economy.

companyNews reuters.com

UPDATE 1-AmEx profit tops estimates on higher user spending, lower expenses

* Card member spending rose 7 percent (Adds details, background)

companyNews reuters.com

UPDATE 1-Amex, Citigroup, Discover win dismissal of card arbitration case

NEW YORK, April 10 (Reuters) - American Express Co, Citigroup Inc and Discover Financial Services won the dismissal of a lawsuit accusing them of colluding to force credit card holders to settle disputes through arbitration rather than class action lawsuits.

companyNews reuters.com

UPDATE 1-AmEx in talks to sell half of business travel unit for up to $1 bln

Sept 25 (Reuters) - American Express Co, squeezed by tighter corporate travel budgets, said it was in talks to sell half of its business travel division for up to $1 billion to an investor group led by Certares International Bank LLC.

companyNews reuters.com

UPDATE 1-AmEx profit rises 5 pct on higher fee, commission

July 17 (Reuters) - Credit card company American Express Co reported a 5 percent increase in quarterly profit as it charged higher fees and earned more commissions on its cards.