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Amex investors seek revenue boost after changes

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The measures mark Mr Chenault's most sweeping overhaul yet to rejuvenate earnings growth and end Amex's share slide.

New York

AMERICAN Express Co's (Amex) US$1 billion cost-cutting target and management changes announced on Wednesday did little to reverse its stock rout as investors and analysts wait to see whether the moves will succeed in boosting revenue.

The measures - creating and reshaping...

sentifi.com

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