Amex: "Harshest operating environment in decades"

Calculated Risk... | Tue, 01/27/2009 - 11:40am | American Express, American Express business spending, AMEX, business credit, business management in a slow economy, cost of operations, operations, small business loans | Add a comment

Rank this post

From the WSJ: AmEx Earnings Drop 79% "Our fourth-quarter results reflect an operating environment that was among the harshest we have seen in decades," Chief Executive Kenneth I. Chenault said in a statement. He noted overall cardmember spending fell 10% year-over-year, or 5% excluding the impact
... Read the full post

Comments

Please or register to post comments.

Trading > Calculated Risk

Amex: "Harshest operating environment in decades"

Calculated Risk... | Tue, 01/27/2009 - 11:40am | American Express, American Express business spending, AMEX, business credit, business management in a slow economy, cost of operations, operations, small business loans | Add a comment

Similar posts from The Money Blogs

Comments

› Calculated Risk and Tanta

› Featured on

PowerRatings Stock Trading Strategies: After the Bounce

Through a Trader's Eye

High Probability ETF Trading: Trading Near the Close

TRADE CENTER

› Most