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American Express (AXP) isn't a buy, says Hedgeye's Josh Steiner, noting management commentary at...
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Thursday, August 9, 2012, 12:50 PM ETAmerican Express (AXP) isn't a buy, says Hedgeye's Josh Steiner, noting management commentary at the company's investor day indicates billing growth continued to slow in July from Q2's already slowing pace. "(It) appears to reflect a weak overall economic environment, which shows up in a number of areas," said CEO Ken Chenault.
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