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American Express Co.: The New York-based diversified...

American Express Co.: The New York-based diversified travel and financial services company reported second-quarter profit of $316 million, up 16% over a year ago. Revenue totaled $6.4 billion, up 26%. The results include a 17% profit gain to a record $214 million at its Travel Related Services Co., an 18% rise in earnings to a record $43 million at IDS Financial Services and a 43% gain in profit to $55 million at Shearson Lehman Hutton.


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