1. American Express Activist Can't Change Much, Even With $1 Billion Stake

    American Express Activist Can't Change Much, Even With $1 Billion Stake

    NEW YORK (TheStreet) -- It worked for Microsoft , so why can't it work for American Express That's the question hopeful investors were asking themselves as they jacked up the company's share prices by more than 8% since mid-day Friday, after reports that activist investor ValueAct Capital had amassed a roughly $1 billion stake. Buyers saw the move as a possible first step in a campaign to heighten returns, possibly through raising the dividend or increasing share buybacks...

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    1. American Express has certainly faced a confluence of challenges in recent months.
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