American Express Profits Rise 17 Pct
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American Express Co. AXP.N said on  Monday fourth-quarter profits rose 17 percent, driven by  increased use of its credit cards and strong travel-related  sales.
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Albertsons Inc. ABS.N, the No. 2  U.S. grocer, on Thursday posted a 21 percent rise in quarterly  profit due to gains from two recent acquisitions and improved  sales from Southern California where it suffered a strike last  year.
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NEW YORK - Charge and credit card giant American Express Company said it rung up record third quarter profits as consumers went on a shopping splurge and extended their borrowings.
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AT&T reported a 17 percent increase in quarterly profits driven by a sizable increase in wireless subscribers.
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Lehman Brothers Holdings Inc.   on Tuesday said quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.
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NEW YORK (CBS.MW) -- American Express reported third-quarter net income of $879 million, or 69 cents per share, up 14 percent from $770 million, or 59 cents per share, last year, amid more customer spending on credit cards, higher balances and increased
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Swatch Group AG said Tuesday that its first-half net profit rose 17 percent as a result of strong demand for the company's luxury products.
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ABN Amro Holding NV, the Netherlands&#39; largest bank, said net profits rose 26 percent in the third quarter, benefiting from a one-time gain on the sale of its stake in the Bank of Asia.
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Lehman Brothers Holdings Inc.  on Tuesday said quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.
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FedEx Corp. FDX.N, the world's top  air-express shipper, on Thursday said 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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U.S. stocks opened higher on Monday as  investors bought beaten down shares and were hopeful of strong  earnings from credit card provider American Express Co.   AXP.N.
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Diversified manufacturer Honeywell International Inc.  reported a 17 percent rise in quarterly profit on Thursday, beating Wall Street forecasts, on strong sales of aviation products and systems used to heat and cool large industrial buildings.
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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.
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U.S. stocks rose on Tuesday, helped by  a more than 6 percent jump in shares of American Express Co.  AXP.N after the Dow component said it will spin off its  personal finance unit.
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American Express Co. (AXP.N: Quote, Profile, Research) said on Monday quarterly earnings rose 14 percent, matching analysts&#39; expectations, on record cardholder spending, increased card borrowing and lower loan losses.
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American Express has seen its quarterly profits climb again, after higher spending on its credit cards.
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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.