Riverwoods Business
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Discover credit-card write-offs increased to 9.16 percentSep 14, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.2 billion from the Treasury Department's rescue fund, said defaults rose in August. Charge-offs for loa...
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Barclays raises Discover to 'overweight'Aug 23, 2009 11:00 pm - American Express Co., Capital One Financial Corp. and Riverwoods-based Discover Financial Services were raised to "overweight" at Barclays Capital Inc., which said a pea...
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Discover says charge-offs fell in JulyAug 16, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.2 billion from the U.S. Treasury's bank rescue fund, said net charge-offs fell last month. Defaults on ...
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Amex, Discover to end fees going over credit limitAug 11, 2009 11:00 pm - NEW YORK -- American Express and Discover customers will soon be free of fees for charging over their credit limits. The two companies said separately Tuesday they will...
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Discover Spending Monitor fallsAug 05, 2009 11:00 pm - The Discover U.S. Spending Monitor fell for the second consecutive month from 85.6 to 83.5, as consumer attitudes toward the economy and the current state of their perso...
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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...