Amex earnings show it's on the rebound after Costco sale (AXP)

BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. In its Q1 2017 earnings call, American Express posted results showing that it's beginning to find ways to overcome the losses it suffered following last summer's sale of its Costco co-brand portfolio, which represented over 8% of the firm's 2015 billed business. In addition to topping analyst expectations across the board, Amex's year-over-year (YoY) billed...