Alliance Data Systems Corp. said its third-quarter net income more than doubled from a year earlier, to $69.3 million, or 99 cents a share, as revenue continued to rise and the Dallas company offset a merger-related charge from the previous year.

However, the private-label credit card unit's earnings tumbled 33%, and revenue from this line dropped 12%. The business has continued to struggle to recover from the loss of the retailer Lane Bryant as a major customer.

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