American Express (AXP) to Cut Workforce by 5,400; Sees Charge
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
American Express (AXP) Prelim. Q4 Numbers Top Views; Will Cut Thousands of Jobs
January 10, 2013 4:26 PM ESTAmerican Express (NYSE: AXP) reported preliminary fourth-quarter results and updated investors on several charges, including a large employee reduction plan.
Revenue rose five percent to $8.1 billion, in-line with consensus expectations, while adjusted earnings of $1.09 per share topped views by three cents.
... More
