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Fly News Breaks for January 25, 2016
AXP
Jan 25, 2016 | 08:44 EDT
As noted earlier, Arrgus downgraded American Express to Hold from Buy. In the wake of the company's Q4 results, Argus expects the company "to face considerable revenue challenges in 2016." The firm says that the company's growth initiatives have failed to offset the challenges faced by the company.
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