American Express Global Business Travel Group Inc. has agreed to be taken private in an all-cash acquisition by Long Lake Management for $9.50 per share, valuing the company at approximately $6.3 billion. The purchase price represents a roughly 60% premium to the closing stock price...
American Express (NYSE: AXP) has announced a proposed acquisition of TheFork, a leading European restaurant reservation and management platform currently owned by Tripadvisor. The deal is valued at $700 million in cash and aims to significantly expand American Express's dining network in Europe, adding over...
American Express (AXP) reported better-than-expected third-quarter earnings, with revenue rising 11% year-over-year to $18.91 billion and earnings per share jumping 18% to $4.28, significantly beating consensus estimates of $18.62 billion and $4.03 respectively. Despite the stock falling at the market open due to broader concerns...
American Express (AXP) shares fell approximately 6% in early Friday trading, dropping from a prior close of $340.84 to trade around $320.55 following its Q2 2026 earnings report. Despite posting an EPS beat of $4.53 versus the $4.40 consensus estimate, investors reacted negatively to revenue...
American Express reported strong second-quarter 2026 results, with revenue rising 10% year over year to $19.6 billion driven by increased card member spending and growth in card balances. Net income reached $3.1 billion while earnings per share climbed 11% to $4.53. Despite a 12% increase...
Defense World Staff reports on recent institutional investor activity regarding American Express (NYSE: AXP), highlighting that Broderick Brian C increased its stake by 16.9% to hold 11,580 shares valued at $3.5 million in the first quarter. Other major funds also adjusted positions, with Norges Bank...
Cane Capital Partners LLC increased its stake in American Express Company (AXP) by purchasing 5,148 shares valued at approximately $1.56 million during the first quarter. This move joins a broader trend of institutional accumulation, with State Street Corp, Fisher Asset Management, Bank of America, Capital...
On June 15, 2026, Tripadvisor (TRIP) announced a definitive agreement to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in an all-cash transaction. The asset generated $232 million in trailing twelve-month revenue and $28 million in adjusted EBITDA as of...
American Express reported strong first-quarter 2026 results on April 23, with quarterly revenue growing 10% year-over-year to $18.91 billion, surpassing the analyst consensus of $18.62 billion. The growth was driven by higher card member spending, increased net interest income, expanding card balances, and robust card...
American Express Company reported first-quarter 2026 results that exceeded Wall Street expectations, driven by strong revenue growth and elevated earnings per share. The company delivered EPS of $4.28, surpassing analyst estimates by $0.29, while total revenue reached $18.91 billion, representing an 11.43% year-over-year increase and...
Shares of American Express (NYSE: AXP) dropped more than 6% following the release of its second-quarter results, driven by investor concerns over rising expenses despite strong top-line growth. The company reported revenue net of interest expense of $19.6 billion, representing a 10% increase year-over-year, while...
American Express (AXP) is set to release its second-quarter earnings report on Friday at approximately 7 am ET, with an accompanying conference call scheduled for 8:30 am ET. The stock recently closed Thursday at $340.84, down 2.3%, as options traders position for a significant price...
Boston Trust Walden Corp reduced its holdings in American Express (AXP) by 5.6% during the first quarter, selling 13,540 shares to leave a position of 226,586 shares valued at $68.5 million. While this major institutional investor trimmed its stake, several smaller firms like Evolution Wealth...
On April 23, BofA Securities raised its price target for American Express (NYSE: AXP) to $387 from $381 while maintaining its "Buy" rating. The bank cited the company's robust first-quarter 2026 results, which exceeded expectations for both revenue and earnings per share. Specifically, American Expre
Assetmark Inc. increased its stake in American Express (AXP) by 2.8% in the first quarter, purchasing an additional 2,312 shares to hold a total of 83,777 shares valued at $25.34 million. This move joins several other institutional investors who recently adjusted their positions, including State...
J.P. Morgan has upgraded American Express (AXP) to an Overweight rating from Neutral, citing the company's resilient business model and affluent customer base as key drivers. The analyst firm highlights that American Express possesses a defensive revenue profile that effectively insulates it from external economic...
American Express (AXP) stock recently declined to $342.15, representing an 8.4% loss for shareholders over six months, underperforming the S&P 500's 6.1% gain. This price action was partly attributed to softer quarterly results, prompting investor questions about the company's current trajectory despite its strong long-term...
American Express (AXP) is highlighted as one of Warren Buffett's oldest and most enduring stock picks, with Berkshire Hathaway maintaining a stake of 151 million shares valued at approximately $45.8 billion. The company recently reported strong financial results, posting $18.91 billion in revenue and $3...
Jim Cramer of 'Mad Money' recently advised investors that American Express (NYSE: AXP) is at a terrific level to purchase, specifically suggesting a 50% position size. He noted the stock is down approximately 9% for the year and highlighted Steve Squeri's strong performance as an...
Lee Johnson Capital Management LLC significantly reduced its stake in American Express (AXP) by selling 14,743 shares in the first quarter, cutting its position by 90.2% to a remaining value of approximately $483,000. While this specific institutional move represents a sharp exit, other investors like...
