AmEx raises profit forecast for full year

(Reuters) - Credit card issuer American Express Co raised its 2016 adjusted earnings forecast and reported better-than-expected third-quarter revenue on Wednesday, sending its shares up 5 percent in extended trading. The company raised its full-year adjusted earnings forecast to $5.90-$6.00 per share from $5.40-$5.70. AmEx reaffirmed its 2017 forecast. Analysts on average had expected the company to earn $5.50 per share in 2016, according to Thomson Reuters I/B/E/S. Total revenue, net of interes