American Express Co. said on Thursday that its fourth-quarter net income in 2016 was off 8 percent, weighed down in part by marketing expenses, and, as Bloomberg noted, reserves were taken to cover bad loans, which were up nine percent. As reported by the company...
April 20, 2017
With Costco increasingly in the rearview mirror, American Express hurdled Street estimates, as members spent more both here and abroad.
January 20, 2017
American Express Co. said on Thursday that its fourth-quarter net income in 2016 was off 8 percent, weighed down in part by marketing expenses, and, as Bloomberg noted, reserves were taken to cover bad loans, which were up nine percent. As reported by the company after the stock market closed, net income was $0.88 a […]
