American Express Co
AXP:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 56.91 | 0.59 1.05% | 1.42% | 758,488 |
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Latest News Headlines for American Express Co
NextAdvisor.com Announces 2012 Cash Back Credit Card Analysis
NextAdvisor.com, a leading consumer information web site, has announced the results of its 2012 Cash Back Credit Card Analysis. This independent analysis researched leading cash back credit cards to determine which cards earned users the most cash back rewards based on a typical consumer's spending. Twelve different credit cards were included, and first place went to the Capital One® Cash Back Rewards Card ($100 Bonus) which earned an average consumer $460 over the course of two years. The Blue Cash Everyday(SM) from American Express came in second, and the Blue Cash Preferred(SM) from American Express ranked third.
Potential American Express (AXP) Trade Targets 18.94% Return
American Express (NYSE:AXP) closed Thursday's unfavorable trading session at $56.32. In the past year, the stock has hit a 52-week low of $41.30 and 52-week high of $61.42. American Express (AXP) stock has been showing support around $55.15 and resistance in the $58.45 range. Technical indicators for the stock are Bullish and S&P; gives American Express (AXP) a very positive 5 STARS (out of 5) strong buy rating. For a hedged play on American Express (AXP), look at the Aug '12 $55.00 covered call for a net debit in the $53.42 area. That is also the break-even stock price for this trade. This covered call has a duration of 57 days, provides 5.15% downside protection and an assigned return rate of 2.96% for an annualized return rate of 18.94% (for comparison purposes only). American Express (AXP) has a current annual dividend yield of 1.40%.
House Financial Services Subcommittee on Financial Institutions and Consumer Credit Hearing
View more recent headlinesGood morning, Chairwoman Capito, Ranking Member Maloney, and members of the Subcommittee. I am Ezra Levine, Senior Of Counsel with the law firm of Morrison and Foerster, and counsel to The Money Services Round Table (TMSRT). I am pleased to have the opportunity to testify today on behalf of TMSRT on the supervision of money transmitter--Money Services Businesses (MSBs).
Company Background
American Express Company (American Express) is a global service company. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses worldwide. The Company operates in four segments: U.S. Card Services, International Card Services, Global Commercial Services (GCS) and Global Network & Merchant Services (GNMS). Corporate functions and auxiliary businesses, including the Company's Enterprise Growth Group, publishing business and other company operations, are included in Corporate & Other. American Express and its principal operating subsidiary, American Express Travel Related Services Company, Inc. (TRS), are bank holding companies. During 2011, American Express completed the integration of Accertify Inc. During 2011, it acquired a controlling interest in Loyalty Partner, which is a marketing services company operating in Germany, Poland and India.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 56.81 | Previous Close 56.32 |
Day High 57.10 | Day Low 56.475 |
52wk High/Date 61.42 / 5/2/2012 | 52wk Low/Date 41.30 / 10/4/2011 |
Beta 1.1 | Market Capitalization 65.5B |
Shares Outstanding 1.2B | Volatility Avg 31.45 |
Avg Vol(10 day) 5.9M | P/E Ratio 13.6x |
EPS(TTM) 4.18 | Yield 1.42% |
Dividend Announcement 5/1/2012 | Ex-Date 7/3/2012 |
Payable 0.20 - QRTR | Payable Date 8/10/2012 |
Date of Record 7/6/2012 | |
Last Trade as of 6/22/2012 10:27 AM ET | |
AXP American Express Co vs. Peers
| Peers | |
|---|---|
AXP American Express Co | 19.40% |
Visa Inc | 17.68% |
Mastercard Inc | 12.97% |
Discover Financial Services | 39.38% |
Citigroup Inc. | 5.78% |
AXP American Express Co | 1.41% |
Visa Inc | 0.74% |
Mastercard Inc | 0.28% |
Discover Financial Services | 1.20% |
Citigroup Inc. | 0.14% |
AXP American Express Co | 1.05% |
Visa Inc | 0.83% |
Mastercard Inc | 1.35% |
Discover Financial Services | 1.70% |
Citigroup Inc. | 1.17% |