|Bid||99.08 x 800|
|Ask||99.12 x 800|
|Day's range||98.17 - 100.49|
|52-week range||67.00 - 138.13|
|Beta (5Y monthly)||1.11|
|PE ratio (TTM)||14.91|
|Earnings date||17 Jul 2020 - 21 Jul 2020|
|Forward dividend & yield||1.72 (1.78%)|
|Ex-dividend date||01 Jul 2020|
|1y target est||99.96|
Apple (NASDAQ: AAPL) is a great stock to own, but the one area where it may be a bit underwhelming is its dividend. Pfizer (NYSE: PFE) is a drug manufacturer with sales all over the world. The New York-based company may not generate the level of long-term growth that you may expect from a top tech stock like Apple, but it can make for a stable, consistent dividend stock to hold in your portfolio.
American Express (AXP) closed at $96.75 in the latest trading session, marking a +1.77% move from the prior day.
Benchmarks finished mostly higher on Friday after President Donald Trump's press conference in response to China's new security legislation turned out not to be as disruptive to trade and finance as investors had earlier feared.
The stock market is having an excellent start to the short trading week on Tuesday. Throughout the stock market rally since hitting bottom in late March, we've seen financial stocks -- particularly credit card companies -- outperform the market on strong days, and Tuesday wasn't an exception. American Express (NYSE: AXP) was nearly 6% higher on the day, while Discover (NYSE: DFS) and Capital One (NYSE: COF) were doing even better, up by 7.6% and 7.8%, respectively.
The Dow Jones gained 3.3% last week, marking its best weekly performance since April 9.
Weak sales volume and higher expenses make Discover Financial (DFS) an unattractive stock now.
Last December, about a fortnight before officials in Wuhan began telling of a strange sickness that was filling the city’s hospitals, executives at the Carlyle Group worked into the night to sign what they imagined would be one of the private equity firm’s most enduring deals. Like other big Wall Street firms, Carlyle had taken to promising investors stability instead of trying to wow them with the prospect of profits that came in spectacular bursts. In 2020, however, there may be no such thing as a stable business, and Carlyle is now trying to walk away from the Amex deal before any money has even changed hands.
American Express (AXP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
After falling deeply and quickly from late February through late March, the S&P 500 has bounced back pretty strongly. Two I recently bought more of are American Express (NYSE: AXP) and The Rubicon Project (NYSE: RUBI). The three are down 28% and 37%, year to date, versus an 8% dip for the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) since January 1.
Don't expect to see most employees of American Express (NYSE: AXP) back at the office anytime soon. Steve Squeri, CEO of the payment card giant, has announced in a video message to employees that the majority of them will continue to work remotely through the end of this year. "We will open buildings on a location-by-location, floor-by-floor, and colleague-by-colleague basis, as each location and floor is different."
The stock market was rising sharply on Monday as investors cheered a positive development in the fight against COVID-19. As of 2:50 p.m. EDT, the Dow Jones Industrial Average and S&P 500 benchmark index were up by 3.9% and 3.3%, respectively. American Express (NYSE: AXP) was higher by 8%, credit card-focused bank Capital One (NYSE: COF) was up by 9%, and Discover (NYSE: DFS) was up by 7%.
"If you can work from home effectively, you should plan on doing this for the rest of the year," he said, adding that AmEx's offices in the near term will mostly serve as an alternative workspace. AmEx employees that need to work from office will return in phases, starting with 10% occupancy, and no likelihood of it reaching close to 50% this year. As the virus outbreak hit business volumes, AmEx moved from a largely brick-and-mortar operation to having more than 60,000 employees equipped to work from home and two-thirds of its customer-care professionals working remotely by March end.
American Express (NYSE:AXP) Chief Financial Officer, Jeffrey C. Campbell, will participate in the MoffettNathanson Payments, Processors, and IT Services Summit held virtually, on Wednesday, June 3, 2020, at 9 a.m. (ET). Mr. Campbell will participate in a question-and-answer session relating to the Company’s business strategy and financial performance.
American Express CEO Stephen Squeri lays out his vision for how employees will return to work after COVID-19 quarantines lift.
Although American Express (NYSE: AXP) fully expects to start buckling under the weight of an economy straining from the effects of the SARS-CoV-2 coronavirus, the company's latest figures indicate it isn't faltering yet. On Friday the big payment card company released its latest set of monthly loan delinquency and write-off statistics, which appear to be staying level for now. As for small business cardholders the figures came in at, again respectively, 2%, 2%, and 1.9%.
Carlyle Group agreed in December to purchase a $450 million stake in American Express Global Business Travel, but it's pulling out of the deal.
Hilton's CFO Kevin Jacobs weighs in on the outlook for hotels struggling from the COVID-19 pandemic.
This will be paid on Aug. 20 to stockholders of record as of July 2, and it yields slightly less than 2% at the most recent closing share price. Prior to those dividends, American Express had doled out $0.39 per share. The company remains in a good financial position, even though it saw a drop in revenue and a more pronounced one in net profit in its most recently reported quarter.