Riverwoods Business
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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...
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Discover Bank to add $500 million in debtApr 11, 2010 11:00 pm - Discover Bank, a unit of Riverwoods-based Discover Financial Services, may sell $500 million of 10-year notes, according to a person familiar with the offering. The debt...
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Discover wants piece of China credit marketMar 28, 2010 11:00 pm - The Obama administration is weighing complaints from U.S. companies that China is violating trade rules by shutting them out of its $723 billion payment-processing marke...
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Small businesses see pros, cons of new health care lawMar 24, 2010 11:00 pm - Small businesses will either thrive or struggle to survive under the nation's new health care law. Those two sides of the debate are offered by U.S. Rep. Melissa Bean, a...
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Northwest Community Hospital, Affinity Healthcare to mergeMar 17, 2010 11:00 pm - Arlington Heights-based Northwest Community Hospital said Wednesday it has signed a letter of intent to merge with Riverwoods-based Affinity Healthcare LLC, and the grou...
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Discover posts loss in 1Q, misses expectationsMar 15, 2010 11:00 pm - NEW YORK -- Discover Financial Services says ongoing loan losses led it to lose money in the first three months of the year and fall well short of analyst forecasts. The...
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Discover CEO's 2009 compensation rises 79 percentFeb 21, 2010 10:00 pm - NEW YORK -- David Nelms, the chairman and CEO of Discover Financial Services, took home nearly 79 percent more in compensation in fiscal 2009 than he did the prior year....