AXP News and Press, American Express Company

2024-05-17 07:33:51 ET There's exuberance in the markets again as traders celebrate in style following the first CPI reading of the year that drifted lower . Never mind that the drop was miniscule, and the rate of inflation is still holding well above 3% , all that matters is that F...

2024-05-16 11:20:35 ET Summary Berkshire Hathaway has taken a significant stake in Chubb stock, causing shares to surge over 6%. Chubb's Q1 results were strong, with adjusted EPS beating expectations and net written premiums increasing by 14.1%. The insurance industry's pricin...

2024-05-15 23:14:14 ET Summary Berkshire Hathaway's 13F stock portfolio value decreased from ~$352B to ~$332B in Q1 2024. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway repurchased ~6.35M Cl...

2024-05-15 14:36:21 ET More on American Express American Express: Reassuring Consistency And Stability American Express Company (AXP) Q1 2024 Earnings Call Transcript American Express Pre-Earnings Report: Affluent American Consumer Likely Remains Strong Rea...

2024-05-15 05:59:00 ET Thanks to his remarkable track record leading Berkshire Hathaway over the decades, Warren Buffett has become a legend in the financial world. It's no wonder that individual investors pay close attention to his moves to find potential ideas for their own ...

2024-05-13 07:21:00 ET Market valuation multiples are elevated. The S&P 500 and Nasdaq 100 are currently trading at price-to-earnings ratios of about 23.2 and 29.5, respectively. That's up from approximately the S&P 500 's multiple of approximately 18.4 and the Nasdaq 10...

2024-05-11 10:22:28 ET A U.S. district court judge has temporarily put a stop to the Consumer Financial Protection Bureau's (CFPB) cap on excessive credit card late fees, in a move that would mark a big win for major banks and card issuers that stood to lose billions due to the ba...

American Express Company (NYSE: AXP) today announced its participation in upcoming investor conferences. On Thursday, May 30, 2024, Chairman and CEO Stephen J. Squeri will participate in a fireside chat at Bernstein’s 40th Annual Strategic Decisions Conference. Mr. Squeri will address ...

2024-05-10 08:18:46 ET This week's dividend activity included increased payouts from Cardinal Health ( CAH ) and Carlyle ( CG ) as well as declarations from companies like Eli Lilly ( NYSE: LLY ) and American Express ( NYSE: AXP ).... Read the full article on S...

2024-05-09 22:26:54 ET Summary Fisher's 13F portfolio value increased by 5% to $214B this quarter, with a decrease in the number of holdings from 1161 to 964. Microsoft, Apple, Nvidia, Amazon, and Alphabet are the five largest individual stock positions, accounting for 20% of the ...