Discover Financial Services News

's stock had its "outperform" rating reiterated by Zacks in a research note issued to investors on Friday.

Online security firm SecureKey Technologies said on Friday that a group led by Intel Corp's investment unit and including MasterCard Inc.

Discover Financial Services has received incentives from New Albany and Ohio less than a week after officials announced the Discover Card affiliate's plans to expand in the suburb.

The trailing-twelve-month return on equity at Discover Financial Services is 30.43%. DFS's operating margin for the same period is 60.37%. The trailing-twelve-month return on equity at American Express Company is 26.63%. AXP's revenue for the same period is $29.12 billion.

NEW YORK Discover Financial Services is interested in getting into the private-label credit-card business, Chief Financial Officer Mark Graf said, noting the lender "took a look" at HSBC Holdings PLC's U.S. card business.Graf, speaking at a Deutsche Bank conference in New York, said Discover likes the private-label business, in which lenders issue ... (more)

Discover Financial Services will add a $76 million data center and create 162 permanent new jobs at its campus in New Albany, the company announced today.

Back in early March, DFS was featured as a momentum stock due to its stellar performance and relatively inexpensive valuation.A An improving economic climate here in the states and increasing transactional volume globally were primary motivators.A Recent developments indicate that those trends may be fading or at least not as apparent as they were ... (more)

This has become quite troublesome for credit card companies as they rely on processing fees and interest charges to generate revenue.