Tag Archive | "American Express Co. (NYSE:AXP)"

American Express To Refund $85m

American Express To Refund $85m

Posted on 03 October 2012. Tags: , , ,

American Express (NYSE:AXP) has announced a large scale reimbursement program for customers.

American Express To Refund $85m

American Express (NYSE:AXP) announced that it will reimburse $85 million to about 250,000 customers to resolve accusations that the company violated federal law in its marketing, billing and debt collection practices.

A federal investigation found that at various periods between 2003 and spring 2012 American Express had violated consumer protection laws “at every stage” of the consumer experience.

In an official statement, American Express (NYSE:AXP) said that, “American Express (NYSE:AXP) is continuing its own internal reviews and is also cooperating with regulators in their ongoing regulatory examination of add-on products in accordance with an industrywide review”.

American Express Co. (NYSE:AXP) shares were at 56.98 at the end of the last day’s trading. There’s been a -2.2% change in the stock price over the past 3 months.

American Express To Refund $85m
American Express Co. (NYSE:AXP) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 24 in the industry

Posted in FinanceComments (0)

American Express To Integrate iOS Passbook

American Express To Integrate iOS Passbook

Posted on 24 September 2012. Tags: , , ,

American Express (NYSE:AXP) has launched integration with Apple’s Passbook.

American Express To Integrate iOS Passbook

American Express (NYSE:AXP) announced that it is launching an integration with Apple’s Passbook, a feature of Apple’s newly released iOS 6.

It is a mobile wallet that allows iPhone and iPod touch users to keep frequently used cards at their fingertips.

Brad Minor, American Express (NYSE:AXP) spokesman, said that, “American Express (NYSE:AXP) has essentially re-imagined what’s possible for the newly launched Apple iOS6 Passbook technology – taking it beyond just mobile ticketing, coupons, and loyalty cards. This is an entirely new use-case for Pass that makes it useful every day and not just for specific occasions”.

American Express Co. (NYSE:AXP) stocks were at 57.86 at the end of the last day’s trading. There’s been a 1.9% change in the stock price over the past 3 months.

American Express To Integrate iOS Passbook
American Express Co. (NYSE:AXP) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 3 out of 23 in the industry

Posted in Finance, HeadlinesComments (0)

American Express Signs Avios Deal

American Express Signs Avios Deal

Posted on 13 September 2012. Tags: , , ,

American Express (NYSE:AXP) has partnered with Avios in a bid to add value for travellers.

American Express Signs Avios Deal

American Express (NYSE:AXP) announced that it has teamed up with UK travel rewards program Avios.

This partnership will enable Avios members to collect points when exchanging foreign currency at all American Express (NYSE:AXP) Currency Exchange airport bureaux in the UK and Moneycorp London Gatwick airport locations.

Under this partnership Avios members can earn one Avios point for every £1 exchanged when currency is ordered online or at the airport.

American Express Co. (NYSE:AXP) company shares are currently standing at 57.52.

American Express Signs Avios Deal
Price History
Last Price: 57.52
52 Week Low / High: 41.3 / 61.42
50 Day Moving Average: 57.44
6 Month Price Change %: 9.0%
12 Month Price Change %: 21.7%

Posted in FinanceComments (0)

American Express Announces Fashion Week Access

American Express Announces Fashion Week Access

Posted on 05 September 2012. Tags: , , ,

American Express (NYSE:AXP) has announced MBFW access to card members.

American Express Announces Fashion Week Access

American Express (NYSE:AXP) has announced that its style-savvy Cardmembers can have a line-up of fashion experiences.

They can gain insider Mercedes-Benz Fashion Week (MBFW) access to the American Express Skybox at Lincoln Center, MADE at MILK Studios and this season’s Cardmember-Only Show with Rachel Zoe.

Deborah Curtis, vice president, Entertainment Marketing & Sponsorships, American Express (NYSE:AXP), said that, “At American Express (NYSE:AXP), we want to become an indispensable and trusted partner within the fashion industry, for consumers, merchants and designers. American Express (NYSE:AXP) knows how much our Cardmembers love fashion and we are constantly looking at ways to serve this passion by connecting them to inspirational fashion moments and creating unforgettable experiences”.

American Express Co. (NYSE:AXP) shares were at 58.30 at the end of the last day’s trading. There’s been a 9.1% movement in the stock price over the past 3 months.

American Express Announces Fashion Week Access
American Express Co. (NYSE:AXP) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 3 out of 24 in the industry

Posted in FinanceComments (0)

American Express Signs Charity Deal

American Express Signs Charity Deal

Posted on 04 September 2012. Tags: , , ,

American Express (NYSE:AXP) has added Dar al Atta’a as its official charity partner.

American Express Signs Charity Deal

American Express (NYSE:AXP) Middle East has announced that it has added Dar al Atta’a, as the fourth official charity partner of its Membership Rewards program, joining UNICEF, Save the Children and the Bahrain Red Crescent.

Through the partnership, American Express (NYSE:AXP) Cardmembers can redeem their Membership Rewards points for a charity contribution to Dar al Atta’a, with every 1,000 Membership Rewards points exchanged for a US$5 donation.

Omar Alwi, regional manager, American Express (NYSE:AXP) Middle East, said that, “Supporting local communities is an extension of the service ethos that lies at the heart of American Express (NYSE:AXP) Middle East. For the past decade, Dar al Atta’a has worked tirelessly to support underprivileged people in the sultanate and it is with enormous pride that we are able to cement our relationship by adding the organisation to our list of Membership Rewards charity partners”.

American Express Co. (NYSE:AXP) company shares are currently standing at 57.17.

American Express Signs Charity Deal
Price History
Last Price: 57.17
52 Week Low / High: 41.3 / 61.42
50 Day Moving Average: 57.32
6 Month Price Change %: 10.0%
12 Month Price Change %: 17.8%

Posted in Finance, PhilanthropyComments (0)

American Express Rated Top For Credit Cards

American Express Rated Top For Credit Cards

Posted on 27 August 2012. Tags: , , ,

JD Power & Associates have ranked American Express (NYSE:AXP) as the top-rated US credit card issuer.

American Express Rated Top For Credit Cards

American Express (NYSE:AXP) has announced that its credit cards have ranked the highest in consumer satisfaction by a consumer credit card satisfaction study by JD Power & Associates.

The bank, which earned a score of 807, achieved this rating for the sixth consecutive year.

JD Power & Associates said, “There has not been a lot of change in the past year in fees, credit limits and card terms — the things that often affect customers in a negative way”.

American Express Co. (NYSE:AXP) stocks are currently standing at 57.49.

American Express Rated Top For Credit Cards
Price History
Last Price: 57.49
52 Week Low / High: 41.3 / 61.42
50 Day Moving Average: 57.22
6 Month Price Change %: 7.8%
12 Month Price Change %: 19.6%

Posted in Finance, HeadlinesComments (0)

American Express Encourages Local Initiative

American Express Encourages Local Initiative

Posted on 20 August 2012. Tags: , , ,

American Express (NYSE:AXP) has teamed up with the American Business Alliance to enable more “Buy Local” initiatives.

American Express Encourages Local Initiative

American Express (NYSE:AXP) has joined forces with the American Independent Business Alliance to enable more small businesses and community groups to successfully launch “buy local” campaigns throughout the United States.

As part of the partnership, AMIBA and American Express (NYSE:AXP) will host as many as 20 training events beginning in September through May 2013 to help communities and merchant coalitions develop an effective “buy local” infrastructure with the goal of catalyzing local action and enabling successful long-term organizing on behalf of local small businesses.

Mary Ann Fitzmaurice Reilly, senior vice president, American Express (NYSE:AXP) OPEN, said that, “American Express (NYSE:AXP)’s collaboration with AMIBA advances a shared goal – to support America’s independent small businesses. Our joint efforts will lead to many new local alliances that will help raise awareness of the value small businesses bring to communities and motivate consumers to ‘shop small’ all year around – including on Small Business Saturday”.

American Express Co. (NYSE:AXP) stocks were at 57.37 at the end of the last day’s trading. There’s been a 4.0% movement in the stock price over the past 3 months.

American Express Encourages Local Initiative
American Express Co. (NYSE:AXP) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 24 in the industry

Posted in FinanceComments (0)

American Express Launching Social Media Videos

American Express Launching Social Media Videos

Posted on 02 August 2012. Tags: , , ,

American Express (NYSE:AXP) has launched the newest instalment of Social Media Show + Tell.

American Express Launching Social Media Videos

American Express (NYSE:AXP) has teamed up with Twitter to launch the newest installment of its “Social Media Show + Tell” series.

It includes tutorial videos explaining how small businesses can leverage Twitter to extend their brand influence.

Ed Jay, Senior Vice President of U.S. Small Merchants at American Express (NYSE:AXP), said that, “Twitter continues to be an important tool for businesses that communicate with consumers through social media. It is important for Business Knowledge Share group members to learn how the platform can enhance their businesses. Through Social Media Show + Tell, Business Knowledge Share encourages small business owners to be innovative in their business strategy and empowers them to confidently embrace social media”.

American Express Co. (NYSE:AXP) stocks are currently standing at 56.80.

American Express Launching Social Media Videos
Price History
Last Price: 56.80
52 Week Low / High: 41.3 / 61.42
50 Day Moving Average: 56.7
6 Month Price Change %: 15.1%
12 Month Price Change %: 15.4%

Posted in Finance, HeadlinesComments (0)

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