The FINANCIAL — American Express Company (NYSE: AXP) today reported third-quarter net income of $1.1 billion, or $1.30 per share, compared with net income of $1.8 billion, or $2.08 per share, a year ago. “While our business continues to be significantly affected by the impacts of the pandemic, our third quarter results have increased our confidence that our strategy for managing through the current environment is the right one,” said Stephen J. Squeri, Chairman and Chief Executive Officer. “Since the lows of mid-April, we have seen a steady recovery in our overall spending volumes. In fact, we had positive year-over-year…
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The FINANCIAL — American Express Company (NYSE: AXP) today reported third-quarter net income of $1.1 billion, or $1.30 per share, compared with net income of $1.8 billion, or $2.08 per share, a year ago. “While our business continues to be significantly affected…
The FINANCIAL — The software company LINK Mobility has today been listed on Oslo Børs (ticker code: LINK). LINK Mobility is one of Europe’s leading providers of mobile messaging and Communications Platform as a Service («CPaaS») solutions. “Becoming a stock exchange listed company marks a significant milestone…
The FINANCIAL — Euronext, Europe’s leading capital markets operator, announced today that 7,062,300 shares of Making Science, a technology and digital marketing consultancy firm specialising in e-commerce and digital transformation, have begun trading through a dual listing on Euronext Growth Paris. The…
ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) today announced that they have entered into a definitive agreement to combine companies in an all-stock transaction. Under the terms of the transaction, which has been unanimously approved by the board of directors of…
The FINANCIAL — Global stock markets were mixed Monday after the fact that Wall Street turned in its biggest weekly decline in more than two months. London and Frankfurt opened higher. U.S. futures were lower. Benchmarks in Shanghai, Tokyo and Hong Kong retreated…
The FINANCIAL — Tesla announced on August 11, 2020 that the Board of Directors has approved and already declared a five-for-one split of Tesla’s common stock in the form of a stock dividend. The goal of this action is to make stock ownership…