American Express Company (AXP) recently collaborated with the points and travel reward search platform, point.me, to roll out a complimentary service, “point.me for Membership Rewards points”. The offering tends to ease the booking of flights using points earned by the Card Members from AXP’s Membership Rewards program.  Card Members are required to visit the point.me/amex website to avail the benefits of the lucrative service.The point.me platform provides a hassle-free experience to eligible Card Members ...

NEW YORK--(BUSINESS WIRE)--American Express Travel® released its 2024 Global Travel Trends Report1 today, highlighting the inspiration and trends driving global travel bookings this year. The report, based on survey data from travelers in the United States, Australia, Canada, India, Japan, Mexico, and the United Kingdom, found that 84% of respondents plan to spend more or the same amount of money on travel in 2024 compared to last year. Additionally, 77% of respondents care more about having the right tr ...

American Express (AXP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this credit card issuer and global payments company have returned +5.1%, compared to the Zacks S&P 500 composite's +2.7% change. During this period, the Zacks Financial - Miscellaneous Services industry, which American Express falls in, has gained 3.8%. The key question now is: ...

U.S. stock markets have maintained their northward journey in 2024 after an astonishing rally in 2023. The bull run has gained further thrust as major stock indexes have posted multiple all-time highs on both intraday and closing basis so far this year. Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have advanced 2.7%, 8% and 8.9%.However, the major driver of last year’s and this year’s rally was globally booming artificial intelligence (AI), especially generat ...

One of the secrets to Warren Buffett's investing success is holding on to stocks for the long term. Though Buffett may have "missed out" on certain stocks that have soared overnight, he's also avoided the major losses of some of the market's former highfliers.The chairman of Berkshire Hathaway has proven his strategy is one shareholders can count on to deliver excellent performance over the long term. Under his leadership, Berkshire Hathaway has generated a compounded annual gain of nearly 20% over 58 years ...

Schaeffer's Weekend Trader subscribers doubled their money with our American Express Company (NYSE:AXP) April 200 call recommendation in just over a month. Now that they've pocketed their profits, it seems like a good idea to review what went into this winning pick.At the time of our recommendation on Feb. 4, AXP had just completed a 7.1% gap higher following the credit card company's Jan. 26 earnings report. That post-earnings jump helped the equity clear and hold above its previous all-time high of $199.5 ...

American Express Company (AXP) announced that its board of directors increased its cash dividend to 70 cents per share from 60 cents, reflecting a 16.7% jump from the prior payout. The dividend will be paid out on May 10, 2024, to shareholders on record as of Apr 5.American Express has been a regular dividend-paying company for more than three decades, which is commendable. Based on the stock’s Mar 6 closing price of $218.45, the new dividend will yield 1.1% to the company. Prior to the recent dividend hike ...

NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) approved a $0.10 – or 17 percent – increase in the quarterly dividend on the company’s common stock, consistent with the planned increase discussed in the company’s fourth-quarter 2023 earnings release. The dividend was raised to $0.70 per common share, from $0.60, payable on May 10, 2024, to shareholders of record on April 5, 2024. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, pr ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. American Express (AXP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.American Express is a member of our Finance group, which includes 856 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector ...

Dividends are a signal to investors of a profitable business. Typically the most successful companies pay investors to own their stock. They have been thoroughly tested by the market and have not only survived but thrived. No-frills dividend stocks also tend to make the best investments.The asset managers at Hartford Funds looked at the performance of the S&P 500 going all the way back to 1930. They found there was never a decade when dividend stocks on the index produced a negative return. Non-payers could ...