The latest announcement is out from American Express ( (AXP) ).
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American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a record $16.6 billion, marking an 8% increase from the previous year. The company has raised its EPS guidance for the year, reflecting strong earnings from its core business and successful product refresh strategies, including the launch of a new U.S. Consumer Gold Card. With 3.3 million new card acquisitions and accelerated card fee revenue growth, American Express continues to attract and retain premium Card Members, driving sustained growth.
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