Riverwoods Business
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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....
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Discover agrees to pay Morgan Stanley $775 millionFeb 11, 2010 10:00 pm - Discover Financial Services agreed to pay $775 million to Morgan Stanley to resolve a dispute over how to divide the proceeds of a legal settlement with Visa Inc. and Ma...
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Discover introduces new toolFeb 02, 2010 10:00 pm - Riverwoods-based Discover Financial Services announced the launch of CardBuilder, an online tool that gives applicants the ability to select certain terms, rewards prefe...
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Morgan Stanley wins suit against DiscoverJan 05, 2010 10:00 pm - NEW YORK -- Morgan Stanley won a legal battle with former subsidiary Discover Financial Services over nearly $800 million Morgan Stanley says it was owed by the credit c...
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Discover Financial 4Q profit slips as card law lowers interest incomeDec 16, 2009 10:00 pm - Discover Financial Services fell 9.1 percent, the biggest decline in the Standard & Poor's 500 Index, after the company said new restrictions on credit-card rates hurt f...