Discover Financial upgraded to neutral from sell at UBS
Discover Financial upgraded to neutral from sell at UBS
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Discover Financial upgraded to neutral from sell at UBS
Discover Financial started at sell with $70 stock price target at UBS
Shares of Nxt-ID Inc. rocketed 60% on heavy volume in premarket trade Monday, after the company said its FitPay Inc. subsidiary entered into a network services agreement with Discover Financial Services . Volume topped 1.9 million shares ahead of the open, making the stock the most actively traded ahead of the open. The agreement will allow Discover cardholders to make secure "contactless payment transactions" at retail locations with wearable devices. Under the agreement, FitPay's payment and digital wallet platform will be integrated with DDX, which is Discover's tokenization platform. "Consumers should have options in how they pay, and this agreement makes cutting-edge payment devices available to Discover cardholders," said Nxt-ID Chief Operating Officer Michael Orlando. Discover's stock was inactive in premarket trade. Over the past three months, Nxt-ID's stock has run up 59.1%, Discover shares have gained 21.4% and the S&P 500 has tacked on 5.6%.
Credit-card balances at the company grew 10% in the quarter from a year earlier as earnings topped expectations.
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Synthetic-identity fraud is one of the fastest growing forms of identity theft—and the hardest to spot and combat. Scammers use phony names and unused Social Security numbers to secure debt, a crime that exposes a vulnerability in the U.S.’s credit-checking system. “It seemed too easy.”
The Wall Street powerhouse is hunting for growth in businesses it once dismissed as pedestrian, such as car loans, insurance and wealth management for the masses. One reason: Trading revenue has stalled.
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Visa (V) has a PE (price-to-earnings) ratio of 25.35x on a next 12-month basis, which represents the company’s higher valuations.
You Can Do Way Better Than MasterCard Inc Stock in the Card Sector
Visa generated net operating revenues of $5 billion in fiscal 2Q18—an increase of 13% on a YoY basis.
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10-Q: DISCOVER FINANCIAL SERVICES
Analysts have been eager to weigh in on the Financial sector with new ratings on ...[...]
Discover Financial (DFS) records stellar first-quarter earnings on the back of higher revenues.
Cullinan Associates Inc Buys S&P Global Inc, International Business Machines Corp, Eaton Corp PLC, Sells Facebook Inc, Oracle Corp, VF Corp
Discover Financial Services (DFS) Q1 2018 Results - Earnings Call Transcript
Discover Financial Services 2018 Q1 - Results - Earnings Call Slides
Credit-card balances at the company grew 10% in the quarter from a year earlier as earnings topped expectations.
Discover Financial Services Stock Trading Flat As Total Loans Surge 9%
Visa Inc Stock Is a No-Brainer Buy for Your Portfolio
Visa (V) posted its fiscal 2Q18 results yesterday, beating analysts’ EPS estimate of $1.02 with $1.11.
Discover Financial Services to Present at Barclays Americas Select Conference 2018
Discover Financial Services Reports First Quarter Net Income of $666 Million or $1.82 Per Diluted Share
Discover Financial Services Declares Quarterly Dividend for Common Stock
Discover Financial Services Announces 2018 Annual Meeting of Shareholders
Chamber of Digital Commerce Welcomes Discover Financial Services to Its Executive Committee
Free Research Reports on These Credit Services Stocks -- Capital One Financial, CIT Group, Discover Financial Services, and Equifax
Discover Financial Services Announces First Quarter 2018 Earnings Release and Conference Call on April 26, 2018
Blockchain Powered Applications Continue to Climb for Growing Number of Industries
Pre-Market Technical Scan on Credit Services Equities -- Capital One Financial, CIT Group, Discover Financial Services, and Equifax
Blockchain Takes Center Stage in Payment Processing Revolution
Discover and NXT-ID Subsidiary FitPay Partner to Extend Payments to IoT Devices
Discover Announces New Industry-Leading Rewards for Cashback Checking
Analysis: Positioning to Benefit within Keane Group, Banc of California, Reinsurance Group of America, Ascena Retail Group, OncoSec Medical, and Discover Financial Services -- Research Highlights Growth, Revenue, and Consolidated Results
Discover Financial Services to Present at KBW Cards, Payments & Financial Technology Symposium
Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments. The Direct Banking segment offers Discover-branded credit cards issued to individuals and small businesses on the Discover Network; and other consumer banking products and services, including private student loans, personal loans, home equity loans, and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company's network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network by third parties. The company was founded in 1986 and is headquartered in Riverwoods, IL. (See Full Profile)
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