{"id":49543,"date":"2015-08-10T09:28:17","date_gmt":"2015-08-10T13:28:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=49543"},"modified":"2015-08-10T09:28:17","modified_gmt":"2015-08-10T13:28:17","slug":"activist-hedge-fund-valueact-takes-stake-in-amex","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2015\/activist-hedge-fund-valueact-takes-stake-in-amex.html","title":{"rendered":"Activist Hedge Fund ValueAct Takes Stake in AMEX"},"content":{"rendered":"<p>(Reuters) &#8211; Activist hedge fund ValueAct Capital Management LP has taken a stake in credit card issuer American Express Co (AXP.N), which is struggling with the loss of several co-branded tie-ups amid intense competition.<br \/>\nRelated Stories. The company&#8217;s shares jumped as much as 7 percent to $80.14 in regular trading, after Bloomberg reported that ValueAct had built a $1 billion (645 million pound) stake and was seeking &#8220;shareholder-friendly&#8221; changes.<\/p>\n<p><a href=\"http:\/\/finance.yahoo.com\/news\/activist-fund-valueact-builds-1-185245294.html;_ylt=AwrC0F94AchVIyIAOAfQtDMD;_ylu=X3oDMTBydWNmY2MwBGNvbG8DYmYxBHBvcwM0BHZ0aWQDBHNlYwNzcg--\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Activist hedge fund ValueAct Capital Management LP has taken a stake in credit card issuer American Express Co (AXP.N), which is struggling with the loss of several co-branded tie-ups amid intense competition. Related Stories. The company&#8217;s shares jumped [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-49543","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=49543"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49543\/revisions"}],"predecessor-version":[{"id":49544,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49543\/revisions\/49544"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=49543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=49543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=49543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}