American Express Company

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When giving gift cards, understand the pitfalls

AP News 24 days ago

On the Money: Before you give a gift card, understand the fees and pitfalls You buy your sister a $100 general purpose gift card. It's for her birthday, but it might be the bank that has reason to celebrate. Despite your good ...

American Express profit beats estimates

Reuters US Online Report Business News 30 days ago

NEW YORK (Reuters) - American Express Co <AXP.N> posted stronger-than-expected quarterly earnings on Thursday as the credit card company trimmed costs, consumer spending declined at a slower pace and credit losses were lower than forecasts. "Overall billings have stabilized during the last ...

AmEx reports 22 percent decline in 3Q profit

AP News 30 days ago

American Express 3rd-quarter profit falls, but loan losses ease from prior quarter American Express Co. reported its eighth straight quarter of falling profits on Thursday as consumers spent and borrowed less. However, while the New York-based credit card company reported a 22 ...

Small firms face credit squeeze as crisis drags

Reuters US Online Report Domestic News 40 days ago

SAN DIEGO (Reuters) - Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce. Small business owners say banks ...

Small U.S. firms face credit squeeze as crisis drags

Reuters US Online Report Business News 41 days ago

SAN DIEGO (Reuters) - Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce. Small business owners say banks ...

Amercan Express president leaving company

AP News 47 days ago

AmExpress President Kelly to step down in early 2010; wants to run a company as CEO American Express Co. said Monday its president, Alfred F. Kelly Jr., will step down early next year. Kelly, 51, wants to run a company as a ...

American Express Axes Gift Card Fee

consumeraffairs.com 51 days ago

Move comes amid sharp drop in gift card sales One of the more aggravating aspects of gift cards are the fees that companies tack on. TakeJohn of Lansdale, PA. When his 10-year-old son tried to use the $50 gift card he'd forgotten ...

Back in black (CSCO, IBM, INTC, AXP, CIT)

AlphaNinja 51 days ago

As in, not in the red anymore. US stocks bounced hard off this morning's lows, and are just slightly positive. IBM, Cisco and Intel, with some help from American Express, are leading the Dow off its earlier drop. Impressive performance, considering the ...

AmEx halts gift card monthly fees as holidays near

Reuters US Online Report Domestic News 52 days ago

SEATTLE (Reuters) - American Express Co said on Wednesday it is getting rid of monthly fees on all its gift cards, attempting to appease holiday shoppers who may worry that their cards will lose value if not used quickly. American Express said ...

American Express drops gift card dormancy fee

AP News 52 days ago

American Express eliminates inactivity fee from gift cards At a time when credit and debit card fees are under fire, American Express Co. said Wednesday it will no longer charge monthly fees on its gift cards. The change will apply to cards ...

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