American Express Posts Higher 3Q Profit
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Financial services giant American Express Co. said Monday that third-quarter earnings rose to meet Wall Street expectations. Net income increased to $879 million, or 69 cents per share, from $770 million, or 59 cents per share, a year ago.
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American Express Co. AXP.N said on  Monday fourth-quarter profit rose 17 percent, driven by strong  holiday and travel-related sales and gains in its asset  management business.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said strong trading and investment management   revenue lifted third-quarter earnings by a better-than-expected   4 percent, bringing the company's shares to their highest level   since May.
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American Greetings Corp., the nation&#39;s second-largest greeting card maker, said Thursday that third-quarter profit rose sharply year-over-year, primarily due to a hefty gain on the sale of the company&#39;s Magnivision eyewear unit.
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Lehman Brothers Holdings Inc. LEH.N   said on Wednesday that third-quarter earnings rose more than   analysts expected, as trading and investment management revenue   jumped.
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FedEx Corp., the world&#39;s top air-express shipper, said Thursday quarterly profit more than tripled on strength in its international, ground and freight businesses, and the company raised its full-year earnings forecast.
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Dutch bank ABN Amro today reported a 26% rise in net profit for the third quarter to â¬1.05 billion, mainly due to the exceptional gain from the sale of Bank of Asia but the operational results dropped slightly.
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Canadian Tire Corp., the country&#39;s biggest retailer of auto supplies and sporting goods, said third- quarter profit rose 17 percent as customers put more purchases on the company&#39;s credit card.
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Bank of America Corp. on Thursday posted third-quarter profits of $3.76 billion, or 91 cents per share, a penny ahead of Wall Street&#39;s expectations.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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E*Trade Financial Corp. , an online bank and brokerage, on Monday said its third-quarter profit rose as lower expenses offset a drop in net revenue.
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Bank holding company Commerce Bancorp Inc. on Tuesday said third-quarter earnings rose 42 percent, driven by strong deposit growth and positive operating leverage, and said it expects to meet or exceed current
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Third-quarter profit rose at Alcan Inc. (AL.TO: Quote, Profile, Research) on higher aluminum prices and shipments that helped it beat soaring energy costs, the company
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Stocks rose on Tuesday as strong earnings by Apple Inc.  and American Express Co  eased concern about consumer spending and profits.
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American Express Co. AXP.N said on  Monday quarterly earnings rose 14 percent, matching analysts'  expectations, on record cardholder spending, increased travel  sales and lower loan losses.
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American Express Co. said on Monday its quarterly earnings rose 14 percent, matching analysts&#39; expectations, due to strength in the economy that spurred record card
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American Express  on Monday said quarterly earnings rose 14 percent, matching analysts' expectations, as cardholder spending and borrowing increased while loan losses fell.