AmExpress President Kelly to step down in early 2010; wants to run a company as CEOOctober 5th, 2009 Amercan Express president leaving companyNEW YORK — American Express Co. said Monday its president, Alfred F.
Analyst: Transocean Sedco Express drilling contract day rate sets deepwater market benchmarkAugust 26th, 2009 Analyst says Transocean's new deal sets benchmarkNEW YORK — Transocean Ltd.'s new Sedco Express drilling contract day rate sets an important benchmark for the deepwater market, an analyst said Wednesday. The Swiss petroleum drilling contractor late Tuesday announced it was hired by Noble Energy Inc.
American Express warns some cardholders that their account data was stolen by an employeeAugust 13th, 2009 Amex cardholders' data stolen by employeeNEW YORK — Some American Express card members' accounts may have been compromised by an employee's recent theft of data, the company said Thursday. American Express Co.
American Express, Discover will stop charging fees to customers who exceed credit limitsAugust 12th, 2009 Amex, Discover to end fees going over credit limitNEW YORK — American Express and Discover customers will soon be free of fees for charging over their credit limits. The two companies said separately Tuesday they will soon end the charges that have generated widespread criticism from consumers.
American Express reports fewer write-offs of credit card losses in JulyAugust 6th, 2009 American Express reports fewer defaults in JulyNEW YORK — American Express said Wednesday its rate of losses from credit card loans is slowing. The write-off rate on credit card balances was 9.2 percent in July, down from 10 percent for the second quarter, said Joanna Lambert, a spokeswoman for the New York-based company.
American Express buys back TARP warrants from Treasury Department for $340 millionJuly 29th, 2009 American Express repurchases TARP warrantsNEW YORK — American Express Co. said Wednesday it repurchased outstanding warrants issued to the government as part of the Troubled Asset Relief Program for $340 million.
Biographical information on Southwest Airlines CEO Gary C. KellyJune 25th, 2009 Southwest Airlines CEO Kelly at a glanceNAME — Gary C. Kelly
TITLE — Chairman, president and CEO of Southwest Airlines Co.
MetLife names American Express president to corporate boardJune 23rd, 2009 MetLife names American Express president to boardNEW YORK — Insurer MetLife Inc. said Tuesday it named the president of American Express Co.
American Express says proceeds from $500 million public equity offering could pay back TARPJune 1st, 2009 American Express to offer $500 million in stockNEW YORK — American Express says it will sell $500 million worth of its common stock in a public offering, and use the proceeds in part to pay back government bailout funds. The New York-based credit card company says it will use the proceeds for general corporate purposes, including repurchasing some of the $3.4 billion worth of preferred shares it issued to the U.S.
American Express says more executives are flying coachMay 5th, 2009 American Express says more execs are flying coachNEW YORK — Good-bye, complimentary Champagne. For the first time since American Express Business Travel began tracking its business travelers' airfare purchases in 1999, more than half were flying the cheap seats overseas.
Allianz, American Express sell half of stakes in Chinese lender ICBCApril 28th, 2009 Allianz, American Express sell shares in ICBCSHANGHAI — American Express Co. and German insurer German Allianz AG said that they have each sold half of their holdings in Chinese lender ICBC after lock-up periods for the shares expired Tuesday.
Commissioner says international hackers target NYPD computers, but they're foiledApril 23rd, 2009 NYPD computers targeted by international hackersNEW YORK — New York Police Commissioner Raymond Kelly says international hackers try at least 70,000 times a day to gain unauthorized entry into the computer system of the nation's largest police force. But he said Wednesday all the attempts have failed because of a strong protection system that prevents security breaches.
Kelly Osbourne comes clean about years of addictionMarch 22nd, 2009 NEW YORK - Singer Kelly Osbourne has for the first time spoken out about her years of struggle with addiction. According to People magazine, Osbourne was addicted to painkillers since she was a teenager.
Kelly Clarkson's rounded body sparks pregnancy rumoursMarch 13th, 2009 NEW YORK - Singer Kelly Clarkson, who returned to the 'American Idol' stage to belt out her latest single 'My Life Would Suck Without You', sparked pregnancy rumours after she was spotted looking more curvilinear than her usual self. The original American idol winner confidently took to the stage clothed in a form-fitting black mini-dress, knee-high black boots, tights and a shimmery sequined shrug, but she raised eyebrows with her rounded body.
American Express profits plunge 72 percentJanuary 26th, 2009 NEW YORK - Credit card company American Express said Monday its profits plunged 72 percent as customers fell behind on loan payments and were also spending less amid the widening recession. Profits fell to $238 million from $858 million a year earlier.
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