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The success of Amazon.com's international sales efforts has also helped spur the trend of online retailers expanding globally. During its latest earnings announcement in late October, Amazon.com said that its North American sales had grown 15 percent in the third quarter compared to the same period in 2003. Meanwhile, sales for the company's British, German, French, Japanese and Chinese sites were up 52 percent in the quarter compared to the same period a year earlier.

Business Mlm Opportunity (AXcess News) New York - American Express Company (NYSE: AXP) reported a 23 percent gain in earnings for the third quarter,or $865 million,compared to$702 million a year ago. Diluted earnings per share rose to $0.69, up 25 percent from $0.55 a year ago.

Revenue climbed 36 percent to $388.5 million from $285.3 million a year earlier. The Sunnyvale, Calif.-based company said net earnings in the latest quarter included a partial reversal of a deferred tax asset valuation allowance of about $13 million. For the fiscal fourth quarter ending June 2, Palm forecast revenue of $400 million to $405 million and adjusted earnings per share of 22 cents to 23 cents. Analysts, on average, have forecast revenue of $395.7 million and earnings per share before items of 21 cents.

Based Business Home Income During the quarterAmerican Express Co. completed the spin-off of Ameriprise Financial, Inc. and the sale of its tax and business services unit. Net income for the quarter, which includes those businesses as discontinued operations, totaled $1.0 billion, up 17 percent from $879 million a year ago. Earnings per share on a diluted basis rose to $0.82, up 19 percent from $0.69.

(AXcess News) Houston, Credit card issue, American Express ( AXP), quarter profit fell sharply, off last year of its Ameriprise Financial Inc. ( AMP) advisory unit. American Express reported net income for the first quarter of $873 million, or 69 cents a share, down from $946 million, or 75 cents a share, a year earlier. While American Express' profit was lower, off, the credit card company's earnings were higher.

Based Business Home Internet The company's reported return on equity was 24.2 percent, up from 21.5 percent a year ago.

This week, economic data out of Japan is expected to reflect improvements in third quarter capital spending and labor cash earnings.

Business Homebased Opportunity Kenneth I. Chenault, chairman and chief executive said the sale of those business units have allowed American Express to concentrate on its global payments business.

Hair care, Culver Co. quarter profit rose nearly 16 percent thanks to the retail launch of its Nexxus brand and strong sales of its Tresemme hair care items.

Based Business Home Mlm "Total spending on American Express cards grew 18 percent, reflecting a double digit rise in average cardmember spending and the addition of 5.7 million cards during the last year. We continued to outpace our major competitors with strong spending increases among our consumer, small business and corporate cardmembers globally. The quarter also reflected a deepening of our relationships with bank partners issuing American Express cards in the U.S. and around the world. In addition, overall credit quality and our reserve levels remained strong," said Chenault.

Business New Opportunity American Express outlined that the quarter's income from continuing operations included three significant items. A tax benefit of $105 million related to the resolution of a prior year tax item enabled the Company to accelerate various reengineering initiatives, primarily in business travel, finance and technology functions, and international operations. These initiatives resulted in $86 million ($56 million after-tax) in reengineering costs. The quarter also included a provision for losses and benefits of $49 million to cover costs associated with Hurricane Katrina.

Business Home Online The company also said that net finance charge revenue increased 16 percent, driven by growth in average cardmember loan balances and a higher yield. Similarly, securitization income rose 20 percent, primarily reflecting a higher level of securitized loans.

American Express shares closed Monday at $49.54, up $2.39, or 5 percent, reflecting investor approval of its third quarter results.