UPDATE 1-Tax overhaul leads AmEx to first loss in 26 years, suspend buybacks
17 Jan UPDATE 1-Tax overhaul leads AmEx to first loss in 26 years, suspend buybacks
Posted at 21:44h
in
News
by KMFSLLP
Jan 18 (Reuters) – Credit card issuer American Express Co
posted its first quarterly loss in 26 years and said it
would not buy back shares for the next six months, both due to
the impact of the recently enacted U.S. tax overhaul.
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