Wednesday, April 7, 2010 as of 11:14 AM ET
Kenneth Irvine Chenault (born June 2, 1951, ) is an American business executive. He has been the CEO and Chairman of American Express since 2001. He is the third African-American CEO of a Fortune 500 company.
Read More at Wikipedia ›American Express on Wednesday reported first-quarter profit grew 7% to $1.
3 billion, or $1.07 a share, up from $1.2 billion, or 97 cents a share, in the same 2011 period. Revenue rose 8% to $7.6 billion on higher cardmember spending. The report topped Wall Street's view. "Spending on the American Express network rose 12%, remaining strong throughout the quarter, both in the U.S. and internationally. Credit quality continues to be among the best we have ever experienced," CEO Kenneth Chenault said in a statement. On March 26, American Express hiked its quarterly dividend 11% to 20 cents a share. The stock is up 23% since Jan. 1, making it the fourth-best among the 30 stocks on the Dow Jones Industrial Average . Shares traded up 19 cents to $58.23 in after-hours action.Copyright © 2012 MarketWatch, Inc....The U.S. Justice Department filed an antitrust lawsuit against American Express (NYSE:AXP) on Monday alleging the credit card company's merchant agreements unfairly ...
Charge-card issuer American Express (AXP) reported strong fourth-quarter results, which beat expectations, and said spending by customers grew by 8%, in a positive s...
American Express CEO Kenneth Chenault weighs in on the credit-card industry and economy.
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Boosted by accelerating consumer spending, card giant American Express (NYSE:AXP) logged a stronger-than-expected 7% leap in first-quarter profits on Wednesday.Share...
DOW JONES NEWSWIRESAmerican Express Co.'s (AXP) fourth-quarter earnings rose 12% as cardholder spending kept rising and the company booked higher revenue, though loa...
American Express (NYSE:AXP) reported earnings Wednesday that solidly beat Wall Street’s expectations, while revenue came in close to the Street's view.The credit-car...
American Express (NYSE:AXP) said Wednesday second-quarter revenue rose 12% on increased spending by the company’s mostly higher-income card members.AmEx earned $1.07...
Credit card giant American Express Co. (NYSE:AXP) said Wednesday first-quarter earnings jumped 33% from a year ago, largely on increased spending by its cardmembers....
Fueled by rebounding worldwide spending and improved credit quality, American Express (NYSE:AXP) revealed late Monday a 48% jump in fourth-quarter profit.The company...
Credit-card giant American Express (NYSE:AXP) on Thursday reported a 70% increase in third-quarter profits from a year ago on improved consumer spending .Earnings fr...
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