Sometimes known as “AmEx” or “Amex”, American Express (NYSE: AXP), is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler’s cheque businesses.
The company’s common stock trades on the New York Stock Exchange under the ticker symbol “AXP.” It is one of the 30 stocks that comprise the Dow Jones Industrial Average and is ranked as the 74th largest company by Fortune. In 2006, BusinessWeek and Interbrand ranked American Express as the 14th most valuable brand in the world, estimating the brand to be worth US$19.64 billion.
The current CEO is Kenneth Chenault, who took over in 2001 from Harvey Golub, CEO from 1993 to 2001. Prior to that, it was headed by James D. Robinson III from 1977 to 1993.
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American Express What you need to know about travel and your money!
The American Express Company is one of the worlds largest travel agencies, and it is equally as well known for its charge cards and revolving credit cards.
The company also issues Travelers Checks and publishes such magazines as Food & Wine and Travel & Leisure through its American Express Publishing
unit.
Their travel agency operations have more than 2,200 locations worldwide and its Travelers Cheque Group is the worlds largest issuer of travelers checks (They also issue gift cards.)