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Discover Financial Services (DFS): FQ2 EPS of $1.09 beats by $0.34. Revenue of $1.74B (+4.6%...

Discover Financial Services (DFS): FQ2 EPS of $1.09 beats by $0.34. Revenue of $1.74B (+4.6% Y/Y) beats by $0.04B. Shares +1.9% premarket. (PR)
Comments (1)
  • Duude
    , contributor
    Comments (3358) | Send Message
     
    The credit card reform has turned out to be of great benefit for companies that cut off credit altogether to higher risk people. Those are the people now trading their possessions at the local pawn shop or seeking out a 7 day loan at the local check cashing outlet with a borrowing cost annualized at 500%.
    23 Jun 2011, 09:11 AM Reply Like
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