Riverwoods Business
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Discover reports drop in June overdue card paymentsJul 14, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.2 billion from the Treasury's bank rescue fund, said uncollectible card loans fell in June. Discover wr...
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Discover to sell $400 million in debtJul 09, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.2 billion from the Treasury's bank rescue fund, plans to issue $400 million of 10-year senior notes, ac...
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Discover Spending Monitor fallsJul 08, 2009 11:00 pm - RIVERWOODS - The Discover U.S. Spending Monitor fell for the first time in four months from 86.2 to 85.6 (based out of 100), as consumer attitudes toward the economy rev...
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Discover to sell $500 mil in common stock to publicJul 05, 2009 11:00 pm - Credit card company Discover says it will sell $500 million worth of common stock in a public offering, and use the proceeds for possible investments or to buy back pref...
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Discover CEO says card reform brings higher fees, fewer perksJun 18, 2009 11:00 pm - Discover Financial Services Chief Executive Officer David Nelms said new U.S. safeguards for credit-card holders will mean higher interest rates, more fees and fewer loa...
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Discover Financial profit advances on antitrust suit paymentJun 17, 2009 11:00 pm - CHARLOTTE, N.C. -- Discover Financial Services said Thursday it managed to remain profitable during its fiscal second quarter, thanks to a payment from a lawsuit settlem...
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Pizza chain headquarters could come to Prospect HeightsJun 11, 2009 11:00 pm - The corporate headquarters for a growing national pizza chain could come to Prospect Heights if the project receives city approval Monday. Sarpino's Pizzeria, currently ...
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Discover expects to keep cash rewards, CEO saysMay 26, 2009 11:00 pm - Discover Financial Services expects to keep its cash rewards program, said Chairman and Chief Executive Officer David Nelms, breaking with the industry's contention that...
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Discover may face downgrade on new credit card lawMay 21, 2009 11:00 pm - American Express Co., Discover Financial Services and Capital One Financial Corp. may face ratings downgrades after new U.S. credit-card regulations reduce profits for t...
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About 1,500 jobs being cut around IllinoisMay 06, 2009 11:00 pm - About a dozen companies around Illinois are laying off about 1,500 workers - including 800 in the suburbs - now through July mostly because of the recession, according t...