American Express (AXP): U.S. Card Services revenues +9% Y/Y to $3.9B, net income +35% to $752M. Expenses off 8% due to last year's heavy spending on the Membership Rewards program. Card billed business up 12% Y/Y. Write-offs fall to 2.4% from 3.7% a year ago. Shares -1% AH. Conference call at 5 ET.