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Shares of American Express (AXP +1.3%) also enjoy a boost following the settlement between rival...
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Monday, July 16, 2012, 2:35 PM ETShares of American Express (AXP +1.3%) also enjoy a boost following the settlement between rival card issuers and retailers. AXP benefits because MasterCard and Visa would lower their fees less than expected and thus "can continue to charge its current rates and won’t see meaningful pricing pressure," Susquehanna says. Capital One (COF +2.3%) also should benefit.
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