Riverwoods Business
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Discover CEO's 2008 compensation falls 89 percentMar 01, 2009 10:00 pm - David Nelms, the chairman and chief executive of Riverwoods-based Discover Financial Services, took home 89 percent less in compensation in 2008 than he did the prior ye...
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Discover says chargeoffs will rise to more than 7% this yearJan 28, 2009 10:00 pm - Discover Financial Services, the Riverwoods-based credit-card lender, said failed customer loans will climb beyond 7 percent in the second quarter. The company, which ad...
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Discover shares battered by reports of massive Dec. job lossesJan 06, 2009 10:00 pm - Discover Financial Services, the Riverwoods-based credit-card company, fell the most in almost a month of New York trading after a private report showed U.S. employers c...
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Venezuela late on Discover Financial paymentDec 28, 2008 10:00 pm - Venezuela’s foreign currency exchange agency, known by its acronym Cadivi, is months late reimbursing local banks and international credit card companies, El Nacional ...
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Discover Financial returns to profitability in 4QDec 17, 2008 10:00 pm - NEW YORK -- Discover Financial Services said Thursday it returned to profitability during its fiscal fourth-quarter, thanks to a legal settlement, but is nevertheless tr...
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Citi downgrades Discover Financial ServicesDec 09, 2008 10:00 pm - American Express Co. tumbled as much as 12 percent after Citigroup Inc. recommended dumping shares of the credit-card company because of regulatory restrictions and moun...
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