Sanjay Sakhrani News
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Discover Financial Services rose after the credit-card lender posted first-quarter profit that beat analysts’ estimates on increased consumer spending.
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Capital One Financial Corp. is among the cheapest U.S. bank stocks, even as Federal Reserve data show the company is better-equipped than JPMorgan Chase & Co. and Wells Fargo & Co. to withstand a severe economic slump.
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It’s been a rough three years for banks, securities firms and insurers -- even rougher for the analysts whose job it is to predict how the stocks of these firms will perform, Bloomberg Markets reports in its November issue.
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Discover Financial Services , the payments processor whose stock has outgained three bigger rivals, may get another boost after the largest U.S. mobile carriers chose its network for a new venture, analysts said.
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Shares of American Express Co. are poised to rally as analysts signal its earnings growth will outpace companies in the Standard & Poor’s 500 Index, even as investors have yet to reflect such optimism.
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Green Dot Corp., the largest U.S. seller of prepaid debit cards, is offering potential buyers the biggest bargain in one of the fastest-growing areas of consumer finance.
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MasterCard Inc. , the world’s second- biggest payments network, said it will acquire prepaid card- management assets from Travelex Holdings Ltd. for 290 million pounds ($458 million) to expand in one of the fastest growing segments of the charge-card market.
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Discover Financial Services, credit-card issuer and payment-network operator, led gainers in the Standard & Poor’s 500 Financials Index after posting record fiscal first-quarter profit.
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Meredith Whitney , the bank analyst who jumped to celebrity from obscurity by correctly predicting Citigroup Inc. ’s dividend cut, is having less success divining stock market winners and losers.
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Gus Artiles used to wait anxiously for the mail carrier on Friday afternoons, hoping his California state disability insurance check would arrive before his bank closed for the day.
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