Donald Fandetti

U.S. Stocks Fall on Draghi Comments, Earnings Reports

U.S. stocks fell, after a two-day advance in the Standard & Poor’s 500 Index, as corporate earnings reports disappointed and European policy makers warned the euro’s advance could hamper the region’s recovery.

Discover Shares Hit Record on Partnership With PayPal

Discover Financial Services, the second-best performer among 81 U.S. financial firms this year, climbed 3.9 percent to a record high and EBay Inc. shares also advanced after announcing a payment-processing deal.

MasterCard Net Beats Estimates as Customers Use More Plastic

MasterCard Inc., the world’s second- biggest payments network, said fourth-quarter profit climbed 24 percent as spending with credit and debit cards increased. The shares rose the most in three months.

Xavier Rolet Wrestles Technology at LSE as Rivals Steal M&A Show

Xavier Rolet , the chief executive officer of London Stock Exchange Group Plc, has started overhauling the 209-year-old bourse’s technology, stemmed a slide in market share and helped spur a rebound in the stock -- all in less than two years on the job.

NYSE Euronext Profit Beats Estimates as Costs Decline

NYSE Euronext , the biggest operator of U.S. stock exchanges, reported profit that beat analysts’ estimates as operating costs declined.

Discover Drops as Lender’s Net Interest Margin Narrows in Fourth Quarter

Discover Financial Services, the fourth-largest U.S. payments network, fell as much as 4.1 percent as fiscal fourth-quarter net interest margin narrowed.

Discover Profit Exceeds Estimates as Fewer Borrowers Default

Discover Financial Services, the credit-card lender that struck a partnership with EBay Inc.’s PayPal unit, posted a fiscal third-quarter profit that beat Wall Street estimates as fewer loans soured. The stock jumped.

NYSE Deputy Chief Expects ‘Intense’ Deutsche Boerse Review

NYSE Euronext expects an “intense” and lengthy European Union antitrust review of its proposed $9.53 billion takeover by Deutsche Boerse AG , a deal that would create the largest equities and derivatives markets owner, the company’s deputy chief executive officer said.

American Express May Say Quarterly Profit Tripled on Card-Spending Surge

American Express Co. , the biggest credit-card issuer by purchases, may say second-quarter income almost tripled as card spending increased more than the company anticipated and fewer borrowers defaulted.

American Express Posts Higher Profit on Consumer Card Spending

American Express Co. , the biggest credit-card issuer by purchases, said second-quarter profit tripled as consumers spent more and fewer borrowers defaulted.

"It was a combination of a lot of things that sort of made them like the perfect stock."

- Donald Fandetti on Feb 02, 2012

New York

Europe

David Nelms

Deutsche Boerse

Hagel Sets Furloughs for 680,000 Workers Starting July 8

S&P 500 Rallies to Record on Increased Economic Optimism

GE’s Last Consumer Stand Gets $1 Billion Plus New Chief

Verizon Wireless Agrees to Pay Co-Owners $7 Billion Dividend

Disney’s ABC Adds ‘Avengers’ Show to Female-Skewing Schedule