Credit card cos fall on American Express news

NEW YORK (Reuters) - Shares of credit card companies fell on Thursday after American Express Co (AXP.N) said a slowdown in cardholder spending and rising delinquencies would lead to a pretax charge of around $440 million for the fourth quarter.

Shares of Capital One (COF.N) fell 1.7 percent, Discover Financial (DFS.N) fell 1.5 percent and MasterCard (MA.N) shares dropped 3.8 percent in extended trade.

American Express shares fell 5 percent. For more, see <XHR/US>

(Reporting by Kristina Cooke; Editing by Dan Grebler)