American Express Company

American Express Company is a New York-based US payments and card company. Its shares trade on the NYSE under the ticker AXP. Because it issues most of its cards itself and also operates the payment network, the company uses what is known as a closed-loop model.

Most of its income consists of fees charged to merchants on cardmember spending. Annual fees on premium cards such as Platinum and Gold and interest income from credit card balances are also important items. The company's customers are mainly high-spending individuals as well as corporate and small business card users. Operations are reported under the headings of US consumer services, commercial services, international card services, and global merchant and network services.

Those assessing AXP stock watch spending per cardmember, growth in card fee income, credit loss rates, the acquisition of younger customers and trends in travel and entertainment spending. Lzzo.com offers the American Express price in US dollars, a historical chart and technical indicators.