NYSE:AXP

American Express Declares Dividend on Series D Preferred Stock and Regular Quarterly Dividend

Retrieved on: 
Tuesday, May 7, 2024
Banking, Professional Services, Finance, American Express

The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $9,269.44 per share (which is equivalent to $9.26944 per related Depositary Share).

Key Points: 
  • The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $9,269.44 per share (which is equivalent to $9.26944 per related Depositary Share).
  • The dividend is payable on June 17, 2024 to shareholders of record on June 1, 2024.
  • The Board also declared a regular quarterly dividend of $0.70 per common share, payable on August 9, 2024, to shareholders of record on July 5, 2024.

American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design

Retrieved on: 
Thursday, April 25, 2024
Professional Services, Air, Transport, Transportation, Finance, Travel, Banking, The Card, Express, American Express, Senior, Delta Air Lines, DAL, Multimedia, Boeing, Aviation, MQD, Card, Airline

American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design.

Key Points: 
  • American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design.
  • View the full release here: https://www.businesswire.com/news/home/20240425971731/en/
    American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design (Photo: Business Wire)
    The Card is available exclusively for Delta SkyMiles® Reserve and Reserve Business Card Members from April 25 through June 5, 2024, while supplies last.
  • The new limited-edition design comes after recent enhancements made to the Delta SkyMiles® American Express Cards to improve the travel experience and deliver everyday value to Card Members.
  • In 2022, American Express and Delta launched the first iteration of the limited-edition Boeing Delta 747 Card design, one of the most iconic airplanes in aviation history.

American Express First-Quarter Revenue Increased 11% to $15.8 Billion and EPS Increased 39% to $3.33, Reflecting Continued Business Momentum

Retrieved on: 
Friday, April 19, 2024
Banking, Professional Services, Finance, Investment, Security (finance), Gen, Generation Z, Form, American Express, Card, EPS, Marketing, FX, Reserve, Bank

“Revenue increased 11 percent from a year earlier to $15.8 billion and EPS increased 39 percent to $3.33.

Key Points: 
  • “Revenue increased 11 percent from a year earlier to $15.8 billion and EPS increased 39 percent to $3.33.
  • “Our continued investments in our value propositions, marketing, brand and technology capabilities have helped drive high levels of engagement with our premium customers.
  • “We continue to attract high-spending, high credit-quality customers to the franchise, with new card acquisitions accelerating sequentially to 3.4 million in the quarter.
  • As used in this release:
    Card Member spending (billed business) represents transaction volumes, including cash advances, on payment products issued by American Express.

Mount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024
Sentinel, NEO, CLO, American Express, Income Tax Act, PwC, Growth, MLC, Insurance, EPS, Business, Acquisition, University, Galaxy Digital, Commerce, TSX, Investment, Silicon, Silicon Valley Bank, Policy, Corporation, Cryptocurrency

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announced today its financial results for the fourth quarter and fiscal year ended December 31, 2023. All amounts are stated in United States dollars, unless otherwise indicated. The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023.

Key Points: 
  • The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023.
  • Fourth quarter asset management revenues excludes $1.3 million of management fees associated with Mount Logan’s management of the assets of Ability Insurance Company (“Ability”), a wholly-owned subsidiary of the Company, during the fourth quarter of 2023, which increased by 82% as compared to the fourth quarter 2022 of $0.7 million.
  • Ability’s total assets managed by Mount Logan increased to $537.1 million for fiscal 2023, up $200.2 million from fiscal 2022 managed assets of $336.9 million.
  • Adjusted basic EPS was $(0.44) for the 2023 fiscal year, a decrease of $(2.74) from $2.30 for the 2022 fiscal year.

Hilton and American Express Introduce Enhanced Hilton Honors American Express Business Card with Rewards and Benefits to Help Business Owners Elevate Their Travel

Retrieved on: 
Thursday, March 28, 2024
Other Professional Services, Tourist Attractions, Technology, Finance, Other Travel, Transportation, Apps, Applications, Lodging, Professional Services, Destinations, Travel, Other Transport, Transport, Other Technology, Payments, Vacation, Emerald, Diamond, American Express, Wi-Fi, Hilton Worldwide, HLT, Life, Card, Multimedia, Calendar, Hotel

“Together with American Express, we’re proud to unveil the newly-refreshed Hilton Honors American Express Business Card, that makes Card Members’ Hilton stays especially rewarding.

Key Points: 
  • “Together with American Express, we’re proud to unveil the newly-refreshed Hilton Honors American Express Business Card, that makes Card Members’ Hilton stays especially rewarding.
  • The enhanced Hilton Honors American Express Business Card is designed to help Card Members balance work and life, rewarding business owners across both.”
    Now with a sleek metal design, the newly enhanced Hilton Honors American Express Business Card provides accelerated ways for Card Members to earn rewards, an important need particularly for small businesses.
  • The enhanced Hilton Honors American Express Business Card follows the recently enhanced Hilton Honors American Express Surpass® and Aspire Cards , announced in October 2023 to consumer Card Members.
  • For more information, including terms and conditions, about the Hilton Honors American Express Business Card, visit here .

American Express Plans Live Audio Webcast of First-Quarter 2024 Earnings Conference Call and Annual Meeting of Shareholders

Retrieved on: 
Friday, March 22, 2024
Banking, Professional Services, Finance, American Express, Shareholder, Webcast, Express company, Cryptocurrency

American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, April 19, 2024, to discuss first-quarter 2024 financial results.

Key Points: 
  • American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, April 19, 2024, to discuss first-quarter 2024 financial results.
  • The webcast will be accessible to the general public through the American Express Investor Relations website at https://ir.americanexpress.com/ .
  • The company also plans to hold its 2024 Annual Meeting of Stockholders on Monday, May 6, 2024, at 9:00 a.m. (ET).
  • The meeting will also be accessible to the general public through the American Express Investor Relations website at http://ir.americanexpress.com and a webcast replay will be available on the website after the meeting.

American Express Reveals 2024 Top Travel Trends

Retrieved on: 
Tuesday, March 12, 2024
Other Travel, Transportation, Vacation, Lodging, Destinations, Travel, American Express, Friends, Freedom, Love, Sport, Life, The Hotel Collection, Generation Z, Going Solo, Football, Consultant, Multimedia, Basketball, Galápagos Islands, Gen, Tourism

American Express Travel® released its 2024 Global Travel Trends Report 1 today, highlighting the inspiration and trends driving global travel bookings this year.

Key Points: 
  • American Express Travel® released its 2024 Global Travel Trends Report 1 today, highlighting the inspiration and trends driving global travel bookings this year.
  • View the full release here: https://www.businesswire.com/news/home/20240312265470/en/
    American Express Reveals 2024 Top Travel Trends.
  • “Our Global Travel Trends Report sheds light on what is driving global travel bookings and provides inspiration for where to go next.
  • Our American Express Travel Consultants can help, no matter what type of trip you want to take.”
    Top insights from American Express Travel’s 2024 Global Travel Trends Report include:
    A desire to see sporting events live and to watch favorite teams and beloved players in person are driving where travelers are going and what they are doing when they get there.

American Express Board Authorizes 17 Percent Dividend Increase

Retrieved on: 
Wednesday, March 6, 2024
Banking, Professional Services, Finance, American Express

The Board of Directors of American Express Company (NYSE: AXP) approved a $0.10 – or 17 percent – increase in the quarterly dividend on the company’s common stock, consistent with the planned increase discussed in the company’s fourth-quarter 2023 earnings release.

Key Points: 
  • The Board of Directors of American Express Company (NYSE: AXP) approved a $0.10 – or 17 percent – increase in the quarterly dividend on the company’s common stock, consistent with the planned increase discussed in the company’s fourth-quarter 2023 earnings release.
  • The dividend was raised to $0.70 per common share, from $0.60, payable on May 10, 2024, to shareholders of record on April 5, 2024.

American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses

Retrieved on: 
Monday, March 4, 2024
Data Management, Data Analytics, Technology, Apps, Applications, Mobile, Wireless, Payments, Business, Small Business, Other Professional Services, Other Travel, Transportation, Lodging, Finance, Destinations, Fintech, Travel, Banking, Accounting, Professional Services, Other Technology, Software, Networks, Express, GBT, Atmosphere, Multimedia, Small business, Growth, Sale, Classic, Digital, Corporation, Partnership, Online shopping

American Express (NYSE:AXP), American Express Global Business Travel (NYSE: GBTG):

Key Points: 
  • American Express (NYSE:AXP), American Express Global Business Travel (NYSE: GBTG):
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240304014854/en/
    American Express, a leader in global business payments, and American Express Global Business Travel (Amex GBT)1, a leader in B2B software and services for travel and expense, announce a new integration to help small and mid-sized businesses manage their spend and expenses.
  • Once enrolled, Card Members can simply add eligible American Express® Business or Corporate Card accounts into the platform2.
  • American Express and Amex GBT on-the-record:
    “American Express and Amex GBT are coming together to help improve spend management for small businesses.

American Express To Open Largest Centurion Lounge at Hartsfield-Jackson Atlanta International Airport

Retrieved on: 
Tuesday, February 13, 2024
Luxury, Finance, Wine & Spirits, Air, Transport, Professional Services, Restaurant, Bar, Other Travel, Retail, Travel, Centurion, Multimedia, ATL, American Express, Airport, Card, Food, Newark Liberty International Airport, Concourse, EWR, Hartsfield–Jackson Atlanta International Airport, Tree, DCA, Salad, Lucha, Immunity

On February 14, American Express (NYSE: AXP) will open a new Centurion Lounge at Hartsfield-Jackson Atlanta International Airport (ATL) , the busiest airport in the world.

Key Points: 
  • On February 14, American Express (NYSE: AXP) will open a new Centurion Lounge at Hartsfield-Jackson Atlanta International Airport (ATL) , the busiest airport in the world.
  • View the full release here: https://www.businesswire.com/news/home/20240213866796/en/
    American Express To Open Largest Centurion Lounge at Hartsfield-Jackson Atlanta International Airport (Photo: Business Wire)
    “The new Centurion Lounge at Hartsfield-Jackson Atlanta International Airport will serve travelers in one of the airports our Card Members visit most,” said Audrey Hendley, President of American Express Travel.
  • I’m thrilled to partner with American Express to bring food that celebrates these traditions, along with the best southern ingredients, to the Centurion Lounge at Hartsfield-Jackson Atlanta International Airport,” said Chef Deborah VanTrece.
  • American Express continues to expand and enhance the Centurion Lounge Network with plans to open new lounge locations at Reagan National Airport (DCA) in Washington, D.C. and Newark Liberty International Airport (EWR) in New Jersey.