American Express Sees 'Mixed Signals' in Economy but Consumer Spending Still Strong
The CFO of American Express said that consumer spending trends remain strong, despite acknowledging “mixed signals” in the ...
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The CFO of American Express said that consumer spending trends remain strong, despite acknowledging “mixed signals” in the ...
NEW YORK CITY (dpa-AFX) - Integrated payments company American Express Co. (AXP) reported on Friday the net profit for the third quarter grew three percent from last year, driven by double-digit
American Express and Bank of America said U.S. consumers have demonstrated a willingness to continue to pay higher prices.
Jim Cramer shares his outlook on American Express stock after the payment card company reported a solid Q3 and raised its future guidance.
American Express' higher-than-expected provisions in the third quarter cast a shadow over strong quarterly results and expectations of higher full-year profit, sending the company's shares down over 6 percent on Friday.