Several companies, including American Express, First Bancorp and Comerica, posted earnings Friday.

<div class="block">Several companies, including American Express, First Bancorp and Comerica, posted earnings Friday.</div>

Need2Know Headlines

American Express, Others Post Earnings

Several companies in the financial sector reported earnings this morning. American Express reported better than expected record third quarter profits and a 13% increase in revenue from a year ago. The company CEO says spending on travel and entertainment remained robust with Russia spending being one of the fastest growing categories. American Express also reaffirmed its full year forecast this morning. We also heard from smaller banks including First Bank Corp which reported an increase in net income over the quarter and which reported a decline.