American Express&#39;s Chenault Seen Extending Profit-Growth Streak
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American Express Co. Chief Executive Officer Kenneth Chenault probably will say earnings rose more than 10 percent for the 11th straight quarter, the best performance of all the companies in the Dow Jones Industrial Average.
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U.S. stock futures pointed to a higher  market open on Monday, bouncing back from fresh 2005 lows hit  on Friday, as investors buy up beaten down shares and expect  strong earnings American Express Co. AXP.N.
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United Parcel Service Inc. reported a 7.5 percent increase in fourth-quarter earnings, but said that profit growth would slow this year.
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American Express said yesterday that record spending had fueled a 12 percent jump in profit.
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Applebee&#39;s International Inc. said Thursday it expects annual earnings per share to grow from 14 percent to 17 percent over the next three to five years beginning in 2005.
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American Express AXP.N 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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llied Domecq PLC, the big liquor maker, said yesterday that it expected to report increased profit for its fiscal year as a result of growth in Britain and the United States.
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Credit Suisse First Boston raised estimates on Apple Computer (nasdaq: AAPL - news - people ) and raised the target price. CSFB said the company&#39;s latest fiscal fourth-quarter results were the strongest since
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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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Alliance Capital Management Holdings LP (AC.N: Quote, Profile, Research) , one of the biggest US money managers, on Thursday said its profit rose in the third quarter
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Citigroup Inc. , the largest U.S. bank, said on Friday that strong international and investment banking growth fueled a higher-than-expected 18 percent increase in quarterly profit.
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The U.S. consumer, long a key driver of banks' profits, look ready to start passing the baton to corporate borrowers as the biggest financial institutions report fourth-quarter results next week.
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American Express Co , a credit card and travel services company, said on Monday that third-quarter earnings rose 10 percent, helped by increased spending among its consumer and corporate clients.
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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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Given the current economic climate, is AmEx about to charge it up?
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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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Customers at the Big Six banks have been borrowing more with fewer defaults. It&#39;s a winning combination helped along by a buoyant economy, and it&#39;s expected to keep bank profits rising into the future.