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American Express exceeds profit expectations on robust spendingBut AmEx Chief Financial Officer Christophe Le Caillec said competition was welcome, as it encourages more customers to ...
American Express posted higher revenue in the second quarter, driven by a 20% jump in card fees. The New York bank on Friday posted a profit of $2.89 billion, or $4.08 a share, in the second quarter, ...
Consumer spending on goods and services, which makes up 70% of American Express's business, grew at a similar pace to the first quarter, Le Caillec said. Travel and entertainment, meanwhile, declined ...
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InvestorsHub on MSNAmerican Express Tops Q2 Estimates as Spending Hits Record High; Shares AdvanceAmerican Express (NYSE:AXP) exceeded Wall Street expectations for the second quarter, buoyed by record-breaking card member ...
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