Washington, Jan 31 (IANS) Investors on Friday pressed American Express executives on slowing net card additions, rising growth costs, and signs of middle-market softness, even as the payments company defended its push into premium cardholders and heavy investment.The questions came after the company reported record results for 2025 and forecast another year of near-double-digit growth, but analysts on the fourth-quarter earnings call probed whether the strategy is becoming more expensive to sust…
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La Quinta (California), Jan 25 (IANS) Sahith Theegala continued his steady climb up the leaderboard with another composed round at the American Express, firing a 5-under 67 on the third day to move into the Top-25.The Indian-origin American, seeking early momentum in a season after a disappointing 2025, is now 14-under par and tied 24th after three rounds of 71-64-68, a dramatic turnaround from his opening-round position of tied 118th.At the top of the leaderboard, Korea’s Si Woo Kim surged in…
New Delhi, Jan 13 (IANS) Shares of major US card issuers and banks, including American Express, have tumbled after President Donald Trump called for a cap on credit‑card interest rates at 10 per cent for a year.American Express fell about 4.28 per cent to $359 and Capital One plunged 6.4 per cent, its largest drop in nine months. American Express Co shares are down 5.33 per cent in the past five days.Citigroup declined 3 per cent, Wells Fargo eased 1 per cent and Synchrony Financial plunged 8….