Amount
Latest price
$316.26
(£1.00 = $1.335)
Number of shares (est.)
0
Market Cap
$225.772B
P/E ratio
22.78
EPS
$14.242
Beta
1.28
Dividend rate
$3.04
Dividend yield
0.94%
American Express Company is a globally integrated payments company with card-issuing, merchant-acquiring and card network businesses. It offers products and services to a range of customers, including consumers, small businesses, mid-sized companies and large corporations around the world. Its segments include U.S. Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS) and Global Merchant and Network Services (GMNS). USCS offers travel and lifestyle services as well as banking and non-card financing products. CS offers payment and expense management, banking and non-card financing products. ICS provides services to international customers, including travel and lifestyle services, and manages certain international joint ventures and its loyalty coalition business. GMNS operates a payments network that processes and settles card transactions, acquires merchants and provides multichannel marketing programs and capabilities, services and data analytics.
CEO
Mr. Stephen J. Squeri
Employees
75,100
Sector
Finance
Company HQ
NEW YORK, United States of America
Website
Warren Buffett has called inflation "a gigantic corporate tapeworm" that eats into wealth, leaving only the illusion of profits. He used an analogy to show this, saying that if you buy stocks with money that could buy 10 hamburgers, and later sell for an amount that can also buy 10 hamburgers, then, "You may feel richer, but you won't eat richer.
In less than three months, billionaire Warren Buffett's illustrious investing career will come to a close. As stated by the Oracle of Omaha at Berkshire Hathaway's (BRK.A 0.34%) (BRK.B 0.42%) annual shareholder meeting in May, he intends to step down from the CEO role at the end of the year and hand the reins over to predetermined successor Greg Abel.
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