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AmEx reports 22 percent decline in 3Q profit
NEW YORK - American Express Co. reported its eighth straight quarter of falling profits on Thursday as consumers spent and borrowed less.
Source:(AP)
2009-10-22
NAACP tries to woo the hip-hop generation
New York - The National Association for the Advancement of Colored People, America's largest and oldest civil rights organization, is now trying to appeal to the so-called hip-hop generation.
Nations:U.S. Source:(Christian Science Monitor)
2009-07-19
Berkshire sells J&J, P&G
NEW YORK (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc reduced stakes in health-care company Johnson & Johnson (JNJ.N) and consumer products company Procter & Gamble Co (PG.N) as he found high-yielding investments elsewhere, and suffered big paper losses by holding onto investments in big U.S. financial companies.
Nations:U.S. People:Warren Buffett
2009-02-17
Discover: Credit Where Credit Is Due
During the era of easy money, Discover Financial Services was dismissed as a second-rate credit card company that lacked the cachet and retail acceptance of rivals. Its profits paled next to those of titans American Express and Bank of America (NYSE:BAC - News). The company's low-rent image was even lampooned on the Fox TV cartoon series Family Guy.
Nations:U.S. Source:(BusinessWeek)
2009-02-14
American Express Q4 profit tumbles; tops estimates
NEW YORK - American Express Co said on Monday its fourth-quarter earnings tumbled 72 percent due to higher loan losses, lower customer spending and a strengthening U.S. dollar, but results beat expectations as it slashed costs.
Nations:U.S.
2009-01-26
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