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Unpacking the Washington Math for a Big Payment Deal Regulators have been tough on big financial mergers, though there are nuances in Capital One’s $35.3 billion takeover bid for Discover.
Capital One's Discover acquisition boosts its card and payment business, ensuring stability, growth, and shareholder returns.
Interestingly, Discover Financial stock had a Sharpe Ratio of 0.3 since early 2017, which is lower than 0.6 for the S&P 500 Index over the same period. This compares with the Sharpe of 1.24 for ...
Discover Financial has a market capitalization of $27.6 billion, while Capital One is valued at $52.2 billion, according to LSEG data. Capital One is valued at $52.2 billion, according to LSEG data.
Discover had $112.1 billion in loan receivables and $70.5 billion in deposits at the end of last year, according to financial statements. The stock traded down more than 9.4% Tuesday, closing at ...
Riverwoods-based Discover Financial Services has named Michael Rhodes as its new CEO and president, filling the void left by the abrupt departure of its previous top executive in August amid compli… ...
Discover Financial Services' stock dropped by 15.92% after revealing it had been misclassifying certain credit card accounts and charging merchants higher fees than agreed.
Discover Financial stock (NYSE: DFS) has lost roughly 4% YTD, as compared to the 3% rise in the S&P500 over the same period. Further, at its current price of $94 per share, it is trading 20% below ...
A former top executive at Discover Financial Services has accused the credit card company of wrongly clawing back millions of dollars in compensation and using her as a “scapegoat” to assuage ...
Discover Financial Services is exploring the potential sale of its student-loan business as the company seeks to clean up operations in the aftermath of a series of regulatory lapses, according to ...
Oct 18 (Reuters) - Discover Financial Services (DFS.N) fell short of analysts' estimates for third-quarter profit on Wednesday, as it set aside more rainy-day funds to cover potential loan defaults.