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American Express Company (AXP)

NYSE - Nasdaq Real-time price. Currency in USD
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242.38-6.82 (-2.74%)
At close: 04:00PM EDT
243.00 +0.62 (+0.26%)
After hours: 04:50PM EDT
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  • Yahoo Finance Video

    American Express earnings: Top takeaways

    American Express (AXP) increased its full-year outlook after posting second quarter earnings that were well above Street expectations but revenue that fell short. The credit card company also raised its full-year earnings guidance. Yahoo Finance executive editor Brian Sozzi spoke with American Express CEO Stephen Squeri about the back half of the fiscal year. Squeri told Sozzi that it will be business as usual for Amex, including several new product updates.  Sozzi notes, however, American Express is spending a lot, some $800 million, on marketing, with the company targeting millennial customers. Furthermore, when asked about changes to consumer spending, Sozzi notes that while customers of Visa (V) and Mastercard (MA) may see a reduction in spending, American Express customers, especially millennials, are more willing to spend as a direct result of the various perks the card offers, not to mention the yearly fee attached to the card. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by John Lesinski

  • Yahoo Finance Video

    American Express earnings, Fedspeak: What to Watch

    July 19th will feature another round of Fed commentary. On Friday, investors will hear from both New York Fed President John Williams and Atlanta Fed President Raphael Bostic. Wall Street will also get morning earnings reports with financial companies American Express (AXP), Huntington Bancshares (HBAN), and Comerica (CMA) reporting their results. For reads on other parts of the economy, investors will digest reports from Schlumberger (SLB), Halliburton (HAL), and AutoNation (AN). Finally, the movie "The Twisters," the sequel to "Twister," is hoping to exceed its $155 million budget at the box office. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by John Lesinski

  • Investor's Business Daily

    Dow Jones Loses 377 Points As Indexes Close Near Session Lows (Live Coverage)

    The major indexes closed near the day's lows Friday as the Nasdaq composite and S&P 500 fell for a third straight day. The Dow Jones Industrial Average fell 0.9% in the stock market today. The S&P 500 sank 0.