Discover Financial Sees 70% Earnings Spike: Here are 2 Reasons Why

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Discover Financial Sees 70% Earnings Spike: Here are 2 Reasons Why

The nation’s fourth largest credit card company had a blowout quarter, while it waits for the Capital One merger to get approved. The nation’s fourth largest payment processor, Discover Financial Services (NYSE:DFS) had a huge second quarter, with profits rising 70% year-over-year. Discover stock was surging after earnings were released… Continue reading Discover Financial Sees 70% Earnings Spike: Here are 2 Reasons Why
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