Friday, April 20, 2007

Amex bottom line up 21%

American Express earnings up 21 pct (Reuters)

A sample America Express-branded credit card is seen in an undated publicity photo. American Express Co., the fourth largest U.S. credit card company, said on Thursday that first-quarter profit rose, helped by higher card holder spending. (PRNewsFoto/Reuters)Reuters - American Express Co. said on Thursday that quarterly profit rose 21 percent, as the fourth-largest U.S. credit card company cut marketing costs.


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