American Express Co. (AXP). The company posted higher-than-expected quarterly net earnings as cardholders spent more, but expenses grew faster than revenue. The company said third-quarter net income rose to $1.2 billion, or $1.03 per share and total revenue, net of interest expenses, rose 9 percent to $7.57 billion.
AXP is down 1.05 to 45.08 in premarket trading.
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