Riverwoods Business
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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...
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Discover: Execs won't get cash bonus while under TARPDec 12, 2009 10:00 pm - Discover Financial Services, the credit-card company that took $1.3 billion from the Treasury’s bank-rescue fund, said its top five executives won’t receive cash bon...
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Discover releases findingsDec 09, 2009 10:00 pm - RIVERWOODS - Discover Financial Services Wednesday released its annual Holiday Shopping Survey, which assesses consumer spending trends and gift intentions for the 2009 ...
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Discover sees fewer credit card defaults in Sept.Oct 14, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.3 billion from the Treasury's bank rescue fund, said defaults fell to 8.69 percent in September. Write-...
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Discover spending monitor up 2Oct 07, 2009 11:00 pm - The Discover U.S. Spending Monitor rose for the second straight month, climbing two points in September to 89 (based out of 100). The rise in the Monitor's index is mos...