American Express (AXP) has been in the limelight, evidenced by the flurry of market activities and reports. The company has been upgraded by
B of A Securities and been part of asset reshuffling as
GreensKeeper Value Fund and
DRW Securities increased their holdings, while some like
Aviva PLC and
Wedbush Securities have trimmed theirs. Several segments acknowledge AXP as a lucrative stock to purchase. Among them are billionaire investors, analysts, and even Congress members. Despite this, it experienced a decline, dropping by 21% YTD. However, insiders are speculated to have dumped their holdings in Q1 2025. AXP is also set to report higher Q1 earnings and revenues. Further, the company announced its Q1 2025 earnings call and annual shareholder meeting. Lastly, note that AXP plans to acquire expense management software company, Center, and promises to increase its dividend by a robust 17%.
American Express Company AXP News Analytics from Sat, 28 Sep 2024 07:00:00 GMT to Sat, 12 Apr 2025 15:16:00 GMT -
Rating 2
- Innovation 4
- Information 8
- Rumor -4
