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American Express beats earnings, cuts jobs - still fails to win over Wall Street

Source: invezz.com

Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
American Express beats earnings, cuts jobs - still fails to win over Wall Street

American Express reported a mixed Q3 and raised its annual profit guidance, but investors reacted negatively. The company also plans to eliminate about 5% of its global workforce, and its shares came under pressure.

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