American Express profit tops estimates as card members spend more; Shares rise

American Express posted a 13 percent fall in first-quarter profit, as it spent more on premium rewards to retain customers.
Source: CNBC

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>