December 20, 2012 / 1:40 PM / 5 years ago

Discover Financial profit rises on higher card spending

Dec 20 (Reuters) - Credit card company Discover Financial Services's quarterly profit rose as more people shopped with their credit cards.

Profit rose to $551 million, or $1.07 per share, in the fourth quarter, from $513 million, or 95 cents per share, a year earlier.

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