Latest Discover Financial Services News

Sweet and salty deal worth $30 billion would put M&M's and Snickers alongside Cheez-It and Pringles

Aug. 14, 2024 16:50 PM EDT

M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly $30 billion in an effort to broaden its snacking portfolio and expand globally. Kellanova was created last year when the Kellogg Co. split into two companies. Chicago-based Kellanova sells many...

Domino's Pizza, Beyond Meat fall; Chuy's, Warner Bros. rise; Thursday, 7/18/2024

Jul. 18, 2024 16:11 PM EDT

Stocks that traded heavily or had substantial price changes on Thursday: Chuy's Holdings Inc. (CHUY), up $12.07 to $37.34. The Tex-Mex chain agreed to be acquired by Darden Restaurants in a deal valuing the company at $605 million. Domino's Pizza Inc....

Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover

Jul. 18, 2024 10:47 AM EDT

NEW YORK (AP) — Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its pending $35 billion merger with Discover Financial. The plan is designed to appease federal bank regulators, who have been initially skeptical of approving the...

Discover: Q2 Earnings Snapshot

Jul. 17, 2024 16:32 PM EDT

RIVERWOODS, Ill. (AP) — RIVERWOODS, Ill. (AP) — Discover Financial Services (DFS) on Wednesday reported second-quarter earnings of $1.53 billion. On a per-share basis, the Riverwoods, Illinois-based company said it had profit of $6.06. The results surpassed Wall...

Accenture, KB Home rise; Snap, Jabil fall, Thursday, 6/20/2024

Jun. 20, 2024 16:20 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Accenture Plc., up $20.81 to $306.16. The consulting company raised part of its revenue forecast for the year. Snap Inc., down 41 cents to $15.39. ...