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News Breaks
February 11, 2013
13:50 EDTAXPAmerican Express price target raised to $75 from $65 at Argus
Argus noted that American Express announced a significant downsizing initiative that is supposed to further reduce its expenses. The firm believes that the company's comps become easier after Q1 and it reiterates a Buy rating on the stock.
News For AXP From The Last 14 Days
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March 26, 2015
07:30 EDTAXPAmerican Express analyst day reduced uncertainty, says Deutsche Bank
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March 25, 2015
16:47 EDTAXPAmerican Express says co-brand deal with British Airways renewed
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16:42 EDTAXPAmerican Express says confident in 25% target for ROE
16:20 EDTAXPAmerican Express sees Q1 growth modestly better than full year growth view
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15:47 EDTAXPAmerican Express CFO says pleased with results of Fed CCAR review
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15:17 EDTAXPAmerican Express targets 2015 operating expense growth of below 3%
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14:25 EDTAXPAmerican Express sees returning to positive EPS growth in FY16
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14:24 EDTAXPAmerican Express repeats view for FY15 EPS to likely be flat to down modestly
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14:18 EDTAXPAmerican Express CEO says committed to long-term 8%+ revenue growth target
American Express, on average and over time, has financial targets for revenue growth of 8%+, though it will not see that level of revenue growth over short-term, said CEO Ken Chenault during the company's investor day meeting. On average and over time, American Express sees EPS growth of 12%-15% and ROE growth of 25%+.
14:00 EDTAXPAmerican Express CEO says 'numbers didn't add up' with Costco
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13:56 EDTAXPAmerican Express says remedies filed with court in suit with DOJ
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13:53 EDTAXPAmerican Express says Bluebird, Serve load volume up 300%+ from 2012-2014
American Express said the increase in platform load and merchant spend for Bluebird and Serve are both up 300%+ from 2012 to 2014, albeit off a small base. Comments from American Express investor day presentation.
07:54 EDTAXPAmerican Express March weekly volatility elevated into investor day
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March 24, 2015
08:17 EDTAXPAmerican Express to benefit from increased spend, says Morgan Stanley
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March 23, 2015
12:31 EDTAXPFly Watch: American Express analyst day seen as possible catalyst
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March 22, 2015
11:26 EDTAXPAmerican Express to host investor day
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March 19, 2015
09:03 EDTAXPAmerican Express, Charles Schwab confirm co-brand relationship
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07:28 EDTAXPAmerican Express, Charles Schwab reach co-brand agreement, Reuters says
American Express (AXP) stated Thursday it has reached a deal with Charles Schwab (SCHW) to offer cards under both company names, reports Reuters. The deal is a multi-year agreement and will involve two kinds of cards, though precise details will not be announced until near the expected launch date in early 2016. Reference Link
07:04 EDTAXPAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
06:16 EDTAXPAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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