Riverwoods Business
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Discover to sell $500 million of bonds backed by credit cardsSep 12, 2010 11:00 pm - Discover Financial Services plans to sell $500 million of bonds backed by credit-card payments, according to a person familiar with the offering who declined to be ident...
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Cardholders prefer debit as credit-card use fallsSep 07, 2010 11:00 pm - Americans are shunning their credit cards and using debit to avoid incurring more debt, said Javelin Strategy & Research. Total payment volume for debit cards surpassed ...
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Northwest finalizes merger with physician groupSep 01, 2010 11:00 pm - Arlington Heights-based Northwest Community Hospital said Wednesday it has finalized its acquisition of Riverwoods-based Affinity Healthcare, making the group's physicia...
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Discover to sponsor Orange Bowl in 4-year dealAug 26, 2010 11:00 pm - The Orange Bowl will soon be the Discover Orange Bowl. Riverwoods-based Discover Financial Services and ESPN announced Thursday that an agreement has been reached for D...
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AT&T, Verizon plan to turn your phone into a credit cardAug 01, 2010 11:00 pm - AT&T Inc. and Verizon Wireless, the biggest U.S. mobile carriers, are planning a venture to displace credit and debit cards with smartphones, posing a new threat to Visa...
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Discover buys back Treasury warrant for $172 millionJul 07, 2010 11:00 pm - Discover Financial Services paid $172 million to buy back a warrant issued to the U.S. Treasury Department's bank-bailout program, closing out the government's stake in ...
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Discover Financial Services posts 2Q profitJun 23, 2010 11:00 pm - NEW YORK -- Discover Financial Services said Thursday that it returned to profitability in its fiscal second quarter as consumers spent more with their credit cards. The...
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Consumer confidence declinesJun 02, 2010 11:00 pm - Consumer confidence declined in May as 18- to 39-year-olds who showed a surge in confidence in April soured on the economy and their finances in May, according to the Di...
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Small business shows confidenceApr 26, 2010 11:00 pm - RIVERWOODS - Small business confidence jumped 9.4 points from March to April, bringing the measure of small business confidence back to where it was at the start of the ...
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Discover repays $1.22 billion to TARP, may buy back warrantsApr 21, 2010 11:00 pm - Discover Financial Services returned $1.22 billion to the Troubled Asset Relief Program, becoming the last of the top six U.S. credit-card issuers to repay the bank bail...