American Express Membership Rewards - American Express 4th-Qtr Profit Leaps 48 Percent




LarkSFO
Jan 24, 11, 2:48 pm
"American Express 4th-Qtr Profit Leaps 48 Percent"

http://www.nytimes.com/aponline/2011/01/24/business/AP-US-Earns-American-Express.html?_r=1&hp

"NEW YORK (AP) — American Express Co. says its fourth-quarter profit rose 48 percent as card users spent more and got better about paying their bills.

The card issuer says net income rose to $1.06 billion, or 88 cents per share. Revenue rose 13 percent to $7.32 billion. "



American Express 4th - Quarter Revenue Rises 13 Percent

http://www.nytimes.com/reuters/2011/01/24/business/business-us-americanexpress.html?hp

"NEW YORK (Reuters) - American Express Co said fourth-quarter revenue grew 13 percent from a year earlier, as consumer spending increased and the company earned more from fees.

The credit card lender and payment network said on Monday it had $7.3 billion of total revenue net of interest expense in the quarter, compared with $6.5 billion a year earlier."




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