Associated tags: Express, American Express, Professional Services, Finance, Banking, NYSE, Travel, Online shopping
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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.
Acquisition,
American Express,
Risk,
Fraud,
Machine learning,
Partnership,
Accel-KKR,
Carveout,
Growth,
Travel,
Online shopping MENLO PARK, Calif. and ITASCA, Ill., May 2, 2024 /PRNewswire/ -- Accel-KKR, a technology-focused private equity firm, today announced the successful carveout acquisition of Accertify from American Express (NYSE: AXP). As a standalone private company, Accertify will embark on a focused strategy to accelerate growth and product innovation in the global fraud protection technology market.
Key Points:
- MENLO PARK, Calif. and ITASCA, Ill., May 2, 2024 /PRNewswire/ -- Accel-KKR, a technology-focused private equity firm, today announced the successful carveout acquisition of Accertify from American Express (NYSE: AXP).
- Accertify is a leading provider of fraud prevention, chargeback management, account protection, and payment gateway solutions.
- The close of the transaction marks the culmination of a successful partnership between Accertify and American Express, during which Accertify experienced significant growth.
- American Express and Accertify plan to continue their partnership post close with Accertify remaining a trusted solution provider.
Professional Services,
Air,
Transport,
Transportation,
Finance,
Travel,
Banking,
The Card,
Express,
American Express,
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Delta Air Lines,
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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.
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.
NEW YORK, April 8, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU), the secure identity company, is extending its partnership with American Express as the companies recommit to delivering premium value to Members and enhancing the airport experience.
Key Points:
- NEW YORK, April 8, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU), the secure identity company, is extending its partnership with American Express as the companies recommit to delivering premium value to Members and enhancing the airport experience.
- Amid ongoing high demand for air travel, this partnership allows eligible American Express Card Members who enroll in CLEAR and pay using their American Express credit cards to receive up to $189 in annual statement credits for their membership purchases.
- We are excited to continue our partnership with American Express.
- American Express Card Members with the following U.S. Cards can continue to enjoy their CLEAR Plus benefit:
Consumer, Corporate, & Small Business Platinum Cards: Statement credit up to $189 per calendar year
American Express ® Green Card: Statement credit up to $189 per calendar year
To learn more about Card eligibility, please visit americanexpress.com/us/clear .
Sentinel,
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CLO,
American Express,
Income Tax Act,
PwC,
Growth,
MLC,
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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.
Other Professional Services,
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Diamond,
American Express,
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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 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.
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.
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.
