News: Discover Financial Services (DFS)
18 Dec 2013
Mon, Oct 21 2013
- Discover Financial Services reported a 7 percent fall in quarterly profit that narrowly missed Wall Street estimates as the credit card company put aside more money to cover defaults.
* Provisions for loan losses up at $333 mln vs $136 mln last year
- Discover Financial Services' quarterly profit beat market estimates as loans increased in its credit card business and interest charges declined.
July 23 - Discover Financial Services' quarterly profit beat market estimates as loans increased in its credit card business and interest charges declined.
July 23 - Credit card company Discover Financial Services reported a 15 percent rise in quarterly profit as loan growth and lower interest expense boosted net interest income.
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