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Stock Market & Financial Investment News

News Breaks
July 1, 2014
08:04 EDTAXPAmerican Express reports $900M capital infusion to Global Business Travel jv
Following the announcement that the joint venture for American Express Global Business Travel has been completed, the company announced new members of its executive team. In addition to the previous appointments of Greg O’Hara as Chairman of the Board and Bill Glenn as President and CEO, GBT has named Pat Bourke as Chief Administrative Officer, Norma Corio as CFO, and JoAnne Kruse as Chief Human Resources Officer. “With the creation of the joint venture and the infusion of $900 million of capital from our investors, we now have even greater resources that the marketplace requires to not only stay ahead of the curve, but to create the curve. For American Express Global Business Travel, technology is an area of investment, expertise and innovation, meeting the needs of the traveler and also offering control and transparency to the travel manager or meeting professional,” said Bill Glenn.
News For AXP From The Last 14 Days
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August 26, 2014
08:30 EDTAXPConcerns about payment disintermediation overdone, says Pacific Crest
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August 19, 2014
10:13 EDTAXPOn The Fly: Analyst Upgrade Summary
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07:48 EDTAXPAmerican Express upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded American Express to Neutral based on valuation. Price target remains $91.
August 15, 2014
12:07 EDTAXPAmerican Express reports July net write-off rate 1.5% vs. 1.5% last month
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