One week after American Express Co. (AXP) announced that its fourth-quarter earnings fell sharply from a year earlier, the company filled in more details Thursday.

The New York-based credit card issuer stated that net income was down from a year ago in most of its segments, including its U.S. card services, international card services and global commercial services units. The sole bright spot was the global network and merchant services unit, where fourth-quarter net income was $354 million, up 9% from a year earlier.

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