If you have an eligible American Express card, you can transfer your Membership Rewards points to a roster of 18 airlines and three hotel chains.
American Express benefits from increased spending by Millennials and Gen Z, who prioritize experiences over possessions. Click here to read why AXP is a Buy.
American Express shares fell Friday after the financial services firm reported fourth-quarter results mostly in line with analysts' expectations.
Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.
Check out our list of how much money each player in the field came away with at the 2025 American Express, played in Palm Springs, Calif.
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $324.82, a high estimate of $350.00, and a low estimate of $301.00. This current average has increased by 9.11% from the previous average price target of $297.70.
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
American Express turned in solid quarterly results Friday, increased its dividend, and highlighted record levels of card member spending. However, investors seemed to be shrug off the positives, sending shares down 3% to $316.
Argus raised the firm’s price target on American Express (AXP) to $350 from $305 and keeps a Buy rating on the shares. American Express’ Q4
American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products.
Copyright 2025 The Associated Press. All Rights Reserved. An American Express card is shown on Jan. 18, 2024, in Atlanta. (AP Photo/Mike Stewart, File) Updated [hour ...
American Express shares fell about 3% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.