Latest news with #AXP
Yahoo
21-07-2025
- Business
- Yahoo
American Express Opens New Centurion Lounge at Tokyo's Haneda Airport
HONG KONG, July 21, 2025 /PRNewswire/ -- On July 16 American Express (NYSE: AXP) opened a new Centurion Lounge at Tokyo's Haneda Airport (HND), the busiest airport in Japan and one of the busiest airports in the world. The Centurion Lounge at HND marks the 30th to open worldwide and the 4th to open in Asia, joining lounges at Indira Gandhi International Airport (DEL) in Delhi, Hong Kong international Airport (HKG) in Hong Kong, and Chhatrapati Shivaji International Airport (BOM) in Mumbai. The new lounge in Tokyo features locally sourced decor and artwork that celebrates Japanese philosophy, craftsmanship, and artistry, a live, open kitchen where guests can watch the chefs cook, a buffet offering a variety of Japanese and Western food and beverages, a dedicated sweets bar nodding to Japan's snack culture, and private phone rooms that are also equipped with a curated audio program for meditation. Located in Haneda's Terminal 3 near Gate 114, guests can enjoy sweeping views of the airfield while they rest and refuel before their flights. "The Centurion Lounge at Haneda Airport celebrates Japanese culture, featuring custom artwork, an exciting menu that showcases the flavors of Tokyo, and my personal favorite – private meditation booths to help you recharge and find some calm before your flight," said Audrey Hendley, President, American Express Travel. "We've seen incredible demand for travel to Japan, it is one of the destinations where we've seen the highest growth recently. We look forward to showcasing the impeccable service Centurion Lounges are known for in a destination we know is so important to our Card Members." "Long awaited by our eligible Card Members, we are thrilled to open Japan's first Centurion Lounge at Haneda Airport," said Yasuhiro Sudo, Senior Vice President, Japan Country Manager at American Express. "We look forward to providing a best-in-class experience with high-quality meals, a wonderful atmosphere, and local charm to eligible Japanese Card Members and eligible Card Members from all over the world. We are committed to delivering the exceptional customer experience American Express proudly offers and is known for." Select Dishes by Chef Satoshi Ogino, Plus Specialty Drinks and Sweets Bar Acclaimed Chef Satoshi Ogino is known for his mastery of classic Japanese cuisine with an emphasis on seasonality and has helmed the kitchens of several Michelin-starred restaurants in Tokyo, including his own Akasaka Ogino. In addition to a special lounge menu by Chef Ogino showcasing local flavors in his signature style, the kitchen will also offer Japanese favorites including sushi and ramen, and a buffet will serve both local and global cuisine. A full bar will offer a premium menu of wine, locally inspired cocktails, and a selection of Japanese beers, sake, and shochu[1], while a dedicated sweets bar will feature a selection of teas and traditional Japanese Wagashi sweets, plus a rotating menu of additional treats. Art and Design Inspired by Local Craftsmanship and "Japan Blue" Designed by OnBrand, American Express' in-house creative agency, the lounge is inspired by the philosophy, craftmanship, and artistry of Japanese culture and "Japan Blue". Produced by the Japanese dyeing technique of Aizome, "Japan Blue" is a deep indigo hue that represents tranquility and stability and is ubiquitous in Japanese art, architecture and fashion. The color is woven throughout the lounge and complemented by natural materials and textures, including slatted wood, stone, and subtle walnut and black ash accents. The bar features elegant Uroko ceramic tiles and a dramatic ceiling canopy, while an Edo-Kiriko-inspired custom chandelier hangs in the main seating area and locally inspired textiles and wall coverings can be found throughout the space. The lounge features commissioned artwork from several local artists, including a custom American Express-inspired mural by Shu Kuroki, and Saki Matsumoto's textile reimagining of the American Express bulldog, Sir Charles Frosty Blue, as Komainu — a guardian of Japanese shrines symbolizing trust and protection. The artwork also includes ceramics by Ryuji Iwasaki, ink paintings by Ryohei Sasaki, and a traditional Japanese Wajima Nuri lacquerware installation by Miho Yokoyama. The pieces for the installation were sourced from Ishikawa — home of the Wajima Nuri lacquerware tradition — to support recovery efforts following the 2024 earthquake that devastated the Noto Peninsula. At nearly 7,500 square feet, The Centurion Lounge at HND will feature luxury amenities and several areas for travelers to work, relax and recharge before boarding their flights, including: Private phone rooms with curated audio programing for meditation: Private booths that can be used for phone calls or meditation provide functionality and tranquility with acoustical fabric panels, traditional Japanese artwork, and a curated audio program of calming water, forest, bird, and wind sounds. Comfortable seating areas for all types of travelers: Guests will have a wide range of seating options to choose from including armchairs, high tops and dining banquettes, cozy couches, and a private room with seating to accommodate families and small groups, complete with a television. Centurion VIP Room: Centurion Members have access to a VIP area featuring elevated-yet-comfortable furnishings and finishes, including Kumiko style woodwork, a private beverage station, and a curated display of Japanese artwork and photography that captures scenes from the country's lively festival culture. Signature Centurion Lounge amenities for all types of travelers: Guests will also find signature Centurion Lounge amenities, including dedicated workstations and phone booths, premium shower suites and restrooms, abundant outlets and USB ports, access to complimentary high-speed Wi-Fi, and more. Meeting More Card Members in More Places With more airport lounge options than any other credit card issuer[2], the American Express Global Lounge Collection™ is just one of the many ways American Express supports Card Members while they travel. Eligible Card Members have access to more than 1,550 lounges worldwide, including 30 Centurion Lounges. American Express continues to expand and enhance the Centurion Lounge Network with plans announced to open new lounge locations at Salt Lake City International Airport (SLC) in Salt Lake City in 2025 and Newark Liberty International Airport (EWR) in New Jersey and Amsterdam Airport Schiphol (AMS) in Amsterdam in 2026. ABOUT AMERICAN EXPRESS American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services and experiences that enrich lives and build business success. Founded in 1850 and headquartered in New York, American Express' brand is built on trust, security, and service, and a rich history of delivering innovation and Membership value for our customers. With a hundred million merchant locations on our global network in around 200 countries and territories, we seek to provide the world's best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations. For more information about American Express, visit and ABOUT THE CENTURION LOUNGE The Centurion Lounge is the signature lounge program within the broader American Express Global Lounge Collection, which includes complimentary access to American Express Centurion Lounges, Escape Lounges, Delta Sky Club® for Card Members flying on Delta, Priority Pass™ Select Lounges upon enrollment, Plaza Premium Lounges, select Lufthansa Lounges when flying Lufthansa Group, and Additional Global Lounge Collection Partner Lounges--a total of more than 1,550 lounges across 140 countries and counting. Eligible Card Members can find a lounge at the Global Lounge Collection website, or by using the American Express® App. They can also begin their check-in process for select Centurion Lounges through the mobile check-in tool within the American Express® App. ABOUT JAPAN AIRPORT TERMINAL CO., LTD. HANEDA AIRPORT OPERATING COMPANY Japan Airport Terminal Co., Ltd. was established in 1953 as a passenger terminal operator funded exclusively by private capital dedicated to the construction, management, and operation of airport terminal buildings, and under the founding philosophy of achieving harmony between business and society. Headquartered in Tokyo, the company has operated Haneda Airport's passenger terminal since it opened in 1955, consistently striving to enhance convenience, comfort, and functionality for all travelers. The company's business includes a wide range of airport-related operations, such as terminal facility management, retail and duty-free store operations, food and beverage services, and passenger support. Through these efforts, the company contributes to the growth and development of airport infrastructure both in Japan and internationally. For more information, please visit: [1] Must reach local legal drinking age to consume alcoholic beverages. Please drink responsibly. [2] Based on comparison with other U.S. credit card programs, as of 10/2024. View original content to download multimedia: SOURCE American Express
Business Standard
21-07-2025
- Business
- Business Standard
Wall Street Mixed as Nasdaq Hits Record Close, Profit-Taking and Sector Swings Follow
Despite upbeat economic data and record intraday highs, markets closed mixed with Netflix and biotech stocks weighing on gains while utilities and brokerages saw strong advances. The Nasdaq inched up 10.01 points (0.1%) to a new record closing high of 20,895.66, the S&P 500 edged down 0.57 points or less than a tenth of a percent to 6,296.79 and the Dow fell 142.30 points (0.3%) to 44,342.19. Stocks initially climbed on Wall Street, buoyed by Thursday's positive U.S. economic data that calmed fears over Trumps trade wars. However, gains faded as investors took profits after the Nasdaq and S&P 500 hit new intraday records. Netflix slumped by 5.1% which came after the company reported better than expected second quarter results but warned its operating margin in the second half will be lower than the first half. American Express (AXP) and 3M (MMM) too notably moved downwards even though the companies reported second quarter results that exceeded estimates. University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Utilities stocks moved strongly upwards, with the Dow Jones Utilities Average climbing by 1.6% to its best closing level in over seven months. Brokerage stocks were considerably strong, as reflected by the 1.3% gain posted by the NYSE Arca Securities Broker/Dealer Index. Interactive Brokers (IBKR) helped lead the sector higher, surging by 7.8% after reporting better than expected second quarter results. Biotechnology stocks came under pressure over the course of the session, dragging the NYSE Arca Biotechnology Index down by 2.2%. Airline and oil service stocks too notably moved downside, offsetting the strength in the aforementioned sectors. Asia-Pacific stocks turned in a mixed performance. Japan's Nikkei 225 Index dipped by 0.2%, while China's Shanghai Composite Index increased by 0.5%. The major European markets also ended the day mixed while the German DAX Index fell by 0.3%, the French CAC 40 Index closed just above the unchanged line and the U.K.'s FTSE 100 Index rose by 0.2%. In the bond market, treasuries moved to the upside after ending the previous session roughly flat. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell 3.1 bps to 4.43%.
Yahoo
19-07-2025
- Business
- Yahoo
Credit Quality Takes the Spotlight in American Express Q2 Preview
American Express (NYSE:AXP) reports before the bell on Friday, July 18. Consensus sits at $3.89 EPS and $17.7 billion in revenue, up 8% YoY, with network volume estimated near $466 billion. The first screen will be credit quality and growth optics. The 30-day delinquency rate has stayed around 1.3%, with net write-offs at about 2.1%. A jump into the mid-2s would outweigh any modest revenue beat. Investors also want to see billed business still clipping along in the low-teens, healthy Gen Z and Millennial acquisition, and management holding its 8 to 10% revenue growth and $15.00 to $15.50 EPS full-year guide. Analysts might try to get any management color on stablecoins. Price reaction hinges on those metrics. A clean beat with EPS at or above $3.90, stable credit, and raised guidance might drive the shares through the recent $330 ceiling to fresh highs. Misses tied to credit slippage or a trimmed outlook could see the stock slide toward its 200-day average near $290. Expect the tape to move on credit headlines first, revenue second, and crypto chatter not at all. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
19-07-2025
- Business
- Business Insider
Compass Point Reaffirms Their Hold Rating on American Express (AXP)
In a report released today, Dave Rochester from Compass Point maintained a Hold rating on American Express, with a price target of $299.00. The company's shares opened today at $311.86. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Rochester is a 5-star analyst with an average return of 10.0% and a 65.56% success rate. In addition to Compass Point, American Express also received a Hold from Monness's Gustavo Gala in a report issued today. However, on the same day, William Blair reiterated a Buy rating on American Express (NYSE: AXP). The company has a one-year high of $329.14 and a one-year low of $220.43. Currently, American Express has an average volume of 2.74M. Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AXP in relation to earlier this year. Most recently, in May 2025, Rafael Marquez, the President of AXP sold 12,000.00 shares for a total of $3,563,160.00.
Yahoo
19-07-2025
- Business
- Yahoo
American Express (AXP) Tops Q2 Earnings and Revenue Estimates
American Express (AXP) came out with quarterly earnings of $4.08 per share, beating the Zacks Consensus Estimate of $3.86 per share. This compares to earnings of $3.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.70%. A quarter ago, it was expected that this credit card issuer and global payments company would post earnings of $3.45 per share when it actually produced earnings of $3.64, delivering a surprise of +5.51%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. American Express, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $17.86 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.95%. This compares to year-ago revenues of $16.33 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. American Express shares have added about 6.3% since the beginning of the year versus the S&P 500's gain of 7.1%. What's Next for American Express? While American Express has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for American Express was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.98 on $17.95 billion in revenues for the coming quarter and $15.22 on $71.24 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Chicago Atlantic Real Estate Finance, Inc. (REFI), has yet to report results for the quarter ended June 2025. The results are expected to be released on August 7. This company is expected to post quarterly earnings of $0.45 per share in its upcoming report, which represents a year-over-year change of -10%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Chicago Atlantic Real Estate Finance, Inc.'s revenues are expected to be $13.9 million, down 7.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Express Company (AXP) : Free Stock Analysis Report Chicago Atlantic Real Estate Finance, Inc. (REFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
