Companies can be and as allamerican as they come. Coke, boeing, and late today, American Express. And thats where we begin. The Financial Services company struggling since its exclusive relationship with cosco was broken off earlier this year and today it posted disappointing results. Earnings per share came in at 1. 24, and that was a full 7 cents below estimates. Revenue for the quarter also missed, and it was down about 1 from a year ago, and that pressured shares initially in extendedhours trading, as you see there. Mary thompson has more on American Expresss results. Reporter well, American Express is spending more to get new business, and that hurt its bottom line in the Third Quarter. The electronic payment giants profits falling over , hurt by higher spending on growth initiatives, the impact of a stronger dollar and money spent to renew cobranded relationships. With its exclusive deal to be the lone credit card accepted in Costco Stores expiring next year, amex expanding more
Companies can be and as allamerican as they come. Coke, boeing, and late today, American Express. And thats where we begin. The Financial Services company struggling since its exclusive relationship with cosco was broken off earlier this year and today it posted disappointing results. Earnings per share came in at 1. 24, and that was a full 7 cents below estimates. Revenue for the quarter also missed, and it was down about 1 from a year ago, and that pressured shares initially in extendedhours trading, as you see there. Mary thompson has more on American Expresss results. Reporter well, American Express is spending more to get new business, and that hurt its bottom line in the Third Quarter. The electronic payment giants profits falling over , hurt by higher spending on growth initiatives, the impact of a stronger dollar and money spent to renew cobranded relationships. With its exclusive deal to be the lone credit card accepted in Costco Stores expiring next year, amex expanding more
Companies can be and as allamerican as they come. Coke, boeing, and late today, American Express. And thats where we begin. The Financial Services company struggling since its exclusive relationship with cosco was broken off earlier this year and today it posted disappointing results. Earnings per share came in at 1. 24, and that was a full 7 cents below estimates. Revenue for the quarter also missed, and it was down about 1 from a year ago, and that pressured shares initially in extendedhours trading, as you see there. Mary thompson has more on American Expresss results. Reporter well, American Express is spending more to get new business, and that hurt its bottom line in the Third Quarter. The electronic payment giants profits falling over , hurt by higher spending on growth initiatives, the impact of a stronger dollar and money spent to renew cobranded relationships. With its exclusive deal to be the lone credit card accepted in Costco Stores expiring next year, amex expanding more
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Wallingford official reappointed in split vote, concern over ARPA deadline- WALLINGFORD The Town Council has reappointed the vice chairperson of the Zoning Board of Appeals, overruling Democrats’ objections to social media posts and a perceived double standard.Republican Raymond Rys was appointed to the ZBA by a 6 to 3.