American Express' Revenue Takes A Hit

April 16, 2015 10:11 PM

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American Express reported worse-than-expected first quarter revenue on Thursday, citing the impact of a stronger dollar and its breakup with Costco.

Revenue declined 3% to $7.95 billion, missing analyst estimates of $8.21 billion.

Also read: Glencore to Resume Dividend With $1 Billion Payout Next Year

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