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American Express: Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — American Express Co. (AXP) on Friday reported fourth-quarter net income of $2.46 billion.

On a per-share basis, the New York-based company said it had net income of $3.53.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.54 per share.

The credit card issuer and global payments company posted revenue of $18.98 billion in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $18.82 billion.

American Express expects full-year earnings to be $17.30 to $17.90 per share.

American Express shares have decreased 3% since the beginning of the year, while the S&P’s 500 index has climbed nearly 2%. The stock has risen 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXP at https://www.zacks.com/ap/AXP

NYC man spent weeks suffering from cyclosporiasis: “My body would not allow me to eat food”

Click here for updates on this story    NEW YORK CITY (WCBS, WLNY) -- There have been 517 reported cases of the parasitic infection cyclosporiasis across New York state since May, and nearly 400 of them are in New York City, health officials say.It comes as United States health officials investigate outbreaks across the country."I was having a lot of pain" Chase Strangio, an attorney from Queens, says he spent weeks suffering from the illness."Felt really lethargic, nauseous, had a low-grade fever, had diarrhea," he said.When he began experiencing these symptoms back in May, he thought he had a stomach virus, but as the days progressed, he didn't see any improvements."My body would not allow me to eat food, and it even reached the point where drinking water was challenging," he said, "and I was having a lot of pain."No one in Strangio's family got sick, but many friends he had lunch with a week prior did."The common ingredient we were able to discern was either a lettuce or a cilantro," he said.Research led Strangio to request a stool test, which came back positive for Cyclospora, the parasite which causes the intestinal illness cyclosporiasis.Strangio said he was put on an antibiotic, and he's now feeling much better.Doctors stress handling produce properly Cyclosporiasis cases have been identified in 34 states since May 1.In New York City alone, there are 374 cases."This is three times the amount of our typical rate of Cyclospora infections," City Health Commissioner Dr. Alister Martin said.The Centers for Disease Control and Prevention has not yet confirmed a specific source for this outbreak, but past outbreaks have been linked to various produce such as raspberries, leafy greens, onions, basil and cilantro."The actual parasite lives on the outside of those fruits and vegetables," Martin said. "And so we're working with our colleagues at the federal government and at the state to identify, is there one retailer or wholesaler upstream that is particularly causing this."Mount Sinai South Nassau Chief of Infectious Diseases Dr. Aaron Glatt says it's not about avoiding fruits and vegetables, but handling them properly."Cooking them or making sure that they're washed well should be adequate," he said. "If people are just going to eat junk food, that has its risks too ... And I think having a well-balanced diet is something that's very important."Doctors also stress this is not spread from person to person.It can take up to two weeks for symptoms to appear, and the CDC says they can last longer without treatment. If you think you are infected, seek medical care.Please note: This story was provided to CNN Wire by an affiliate and does not contain original CNN reporting. This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
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