Latest Discover Financial Services News
Discover: Q1 Earnings Snapshot
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...
Americans' reliance on credit cards is the key to Capital One's bid for Discover
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...
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
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...
Capital One to buy Discover for $35 billion in deal that combines major US credit card companies
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. ...
