American Express (AXP) PT Raised to $83 at Piper Jaffray

American Express Reports First Quarter EPS of $1.34

Card Member Spending and Revenue Performance Accelerate

New Card Acquisitions and Credit Quality Remain Strong

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported first-quarter net income of $1.2 billion, down 13 percent from $1.4 billion in the year-ago quarter, which included certain subsequently discontinued cobrand partnerships. Diluted earnings per share was $1.34, down 8 percent from $1.45 a year ago.

First-quarter consolidated total revenues net of interest expense were $7.9 billion, down 2 percent from $8.1 billion a year ago. That compared to a year-over-year decline of 4 percent in the... More

American Express Previews New Amex Bot for Messenger Feature at Facebook’s F8

The Updated Amex Bot for Messenger, Enhanced by AI and Servicing Technology, will Enable Card Members to Receive Select Account and Card Information On-Demand

SAN JOSE, Calif.--(BUSINESS WIRE)-- Today at F8, Facebook's annual global developer conference, American Express announced an updated Amex bot for Facebook Messenger enhanced by artificial intelligence and servicing technology, which will be available in the coming months. The updated Amex bot for Messenger enables eligible U.S. Consumer and OPEN Card Members to get on-demand answers from the Amex bot for Messenger to answer certain queries related to their account and Card... More