By Calafia Beach Pundit : The recovery from the recent Great Recession has been the weakest ever , and that may have a lot to do with the fact that this has also been the most risk-averse recovery ever. Households have deleveraged like never before; the world has stocked up on cash and cash ...
2 million, American Express ( AXP ) has 46.5 million, Capital One ( COF ) has 46.3 million. HSBC ( HSBC ), Discover ( DFS ) and Wells Fargo ( WFC ) round out the list of top credit card lenders, all with tens of millions in circulation. Now, with
instance, is a major player in online commerce, and is expanding its physical presence thanks to a partnership with Discover DFS . Social networks such as Facebook FB, consumer technology giants like Apple AAPL and Google GOOG, and telecom companies are
By Amod Saul : General Electric ( GE ) has finally decided to spin-off its US retail financial services ( Retail Finance ) unit in order to focus on its core industrial businesses . The move would see GE floating 20% of the unit's equity in an IPO during 2014. Cash proceeds will be used to increase
Looking for an edge, Discover ( DFS ) will begin providing customers credits scores for free on their monthly bills. The company says it's the first major credit
By Syncopy Research : Growth stocks are great instruments of investment in a bull market. Investing in a growth stock that are trading at reasonable prices in a bull market provides you with a downside assurance that if the market tanks, these stocks are likely to be punished less than most. If the
Nov 3 (Reuters) - U.S. credit card company Discover Financial Services is taking share from big banks in consumer lending and is delving into lucrative new products, according to an article published in Barron's on Sunday.
but not at 30+; IPO raising ~10% of the estimated market-cap; pg 21; see story link below]; Discover Financial [ DFS ; card transaction network fee contribution is now small; grew in consumer loans, online savings/CDs/money-markets
order to expand the company's network of users. Discover Financial Services engages in direct consumer banking services, taking ..... peers. We are raising our fair value estimate for Discover Financial Services to $46 per share from $44 as we incorporate the
Discover Financial Services reported net income of $593 million, or $1.20 per diluted share for the third quarter of 2013. The results were in line with