RIVERWOODS, Ill. (AP) — RIVERWOODS, Ill. (AP) — Discover Financial Services (DFS) on Wednesday reported first-quarter net income of $308 million. The Riverwoods, Illinois-based company said it had net income of $1.10 per share. The results fell short of Wall Street...
NEW YORK (AP) — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won't break the habit. Capital One Financial announced Monday that it would buy Discover Financial...
NEW YORK (AP) — Capital One Financial is betting that Americans will keep shopping and use a credit card to pay for their purchases at stores and on the internet. Capital One announced Monday that it would buy Discover Financial Services for $35 billion. The combination could...
NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. ...