AmEx profit beats as rewards programme boosts customer spending
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(Reuters) - Credit card issuer American Express Co's quarterly profit beat analysts' estimates on Thursday, as it spent more on its rewards programme boosting customer spending.Shares of the New York-based company were up 2 percent.AmEx has been bolstering its rewards programs and relying on partnerships to get customers to spend more. Last year, it renewed partnership with Delta Air Lines Inc that brought in over a million customers over the past two years, the company said.The rewards..