NEW YORK, March 25 - American Express Co said it may sell its stake in Industrial and Commercial Bank of China, worth more than $600 million, while...
* Rally in bank shares fizzles out * American Express says credit delinquencies rise * Dow off 0.1 pct, S&P off 0.4 pct, Nasdaq down 1.9 pct (Updates with Alcoa's drop after the bell, adds...
* Rally in bank shares fizzles out * American Express says credit delinquencies rise * Dow off 0.1 pct, S&P off 0.4 pct, Nasdaq down 1.9 pct (Updates to close) NEW YORK, March 16 -...
* U.S. credit card default rate rises to 8.7 percent * Shares wipe out gains, fall 0.3 percent after report NEW YORK, March 16 - American Express Co said on Monday that U.S. credit card...
NEW YORK, Feb 27 - American Express Co revised upward its fourth quarter profit by almost 40 percent to $240 million, due to a hedge accounting error, the company said in a regulatory filing on...
NEW YORK, May 12 - Senior finance executives across the globe remain pessimistic about the prospects of rapid economic recovery and are aggressively pursuing new ways to control costs, an American Express <AXP.N> study showed....
* Analysts say 3,000 more job cuts would help * Also another 10 percent cut in marketing expenses NEW YORK, April 27 - American Express Co, faced with falling revenue and rising credit card losses,...
* EPS available to common shareholders 31 cents * Revenue falls 18 percent, but expenses down 22 percent * Shares up 4.9 percent in after-hours trading NEW YORK, April 23 - American Express Co <AXP.N>,...
NEW YORK, March 16 - U.S. stocks fell on Monday after American Express Co said the number of people struggling to make credit card payments grew, erasing earlier optimism that banks could return to profit...
* EPS available to common shareholders 31 cents * Earnings fall but beat estimates * Revenue falls 18 percent, but expenses down 22 percent * Shares up 6.3 percent in after-hours trade (Adds CFO and...