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J.P. Morgan Comments On DFS Annual Investment Meeting
Thursday, March 24, 2011 - 7:33am | 100On Wednesday, Discover Financial (NYSE: DFS) hosted its annual Investment Community meeting, J.P. Morgan reports. “Headed into the meeting (and earnings), our view was that positive catalysts would drive shares toward the high end of our valuation range before potentially receding to preearnings...
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Credit Suisse Raises Estimates On Discover Financial Services
Wednesday, March 23, 2011 - 9:32am | 40In a report published by Credit Suisse, it is raising the estimates on Discover Financial Services (NYSE: DFS). The target price is $23.00 and rating is Neutral. Discover Financial Services closed yesterday at $22.25.
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UPDATE: JP Morgan Raises PT on Discover Financial to $21 (DFS)
Wednesday, March 23, 2011 - 9:31am | 91JP Morgan is out with its report today on Discover Financial (NYSE: DFS), raising its PT from $20 to $21. In a note to clients, JP Morgan writes, "We are maintaining our Neutral rating but raising our December 2011 price target to $21. In our view, while shares of DFS may benefit from tailwinds in...
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KBW Reiterates Outperform on Discover Financial Services (DFS)
Wednesday, March 23, 2011 - 8:03am | 76KBW is out with its report today on Discover Financial Services (NYSE: DFS), reiterating Outperform. In a note to clients, KBW writes, "Following Discover Financial Services' F1Q11 earnings announcement, we are increasing our F2011 EPS estimate to $2.73 (from $2.41), but maintaining our F2012 EPS...
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Discover Financial Services Increases Dividend to $0.06
Tuesday, March 22, 2011 - 4:20pm | 32Discover Financial Services (NYSE: DFS) declared a first quarter dividend of $0.06 per share, representing a restoration of the dividend to the pre-financial crisis level.
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Discover Financial Services Q1 Card Sales Volume: $24B (DFS)
Tuesday, March 22, 2011 - 4:17pm | 23Discover Financial Services Q1 Card Sales Volume: $24B (NYSE: DFS). Chargeoff rate for Q1 was 5.96%.
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Discover Financial Services Reports Q1 EPS of $0.84 vs. $0.51
Tuesday, March 22, 2011 - 4:17pm | 44Discover Financial Services (NYSE: DFS) today reported net income for the first quarter of 2011 of $465 million, as compared to a net loss of $104 million for the first quarter of 2010. Revenue Net of Interest Expense $1.733B EPS $0.84
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NASDAQ Stocks Hitting 52-Week Highs (ABMD, EXPO, WILC, FCFS)
Tuesday, March 22, 2011 - 10:09am | 134ABIOMED Inc (NASDAQ: ABMD) shares jumped 0.88% to create a new 52-week high of $14.40. ABMD's PEG ratio is 0.20. Exponent Inc (NASDAQ: EXPO) shares gained 0.66% to touch a new 52-week high of $42.84. EXPO had $106.55 million in total cash and no debt for the recent quarter. G. Willi-Food...
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Earnings Scheduled For March 22 (ADBE, CTAS, WAG, DFS, CCL, JBL, DG, GIII, SONC, CMC, FSII, WNI, NEOG, HWD)
Tuesday, March 22, 2011 - 12:48am | 371Adobe Systems Incorporated (NASDAQ: ADBE) is expected to report its Q1 EPS at $0.57 on revenue of $1.03 billion. Cintas Corporation (NASDAQ: CTAS) is estimated to report its Q3 EPS at $0.36 on revenue of $907.56 million. Walgreen Company (NYSE: WAG) is projected to report its Q2 EPS at $0.80 on...
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Stocks To Watch For March 22 (ADBE, DFS, HOTT, WAG, DG)
Tuesday, March 22, 2011 - 12:41am | 201Some of the stocks that may grab investor focus today are: Wall Street expects Adobe Systems Incorporated (NASDAQ: ADBE) to report its Q1 EPS at $0.57 on revenue of $1.03 billion. ADBE shares fell 0.09% to $32.31 in after-hours trading. Analysts are expecting Discover Financial Services (NYSE:...
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NASDAQ Stocks Hitting 52-Week Highs (TESO, CPST, AMSF, FCFS)
Monday, March 21, 2011 - 10:37am | 140Tesco Corporation (NASDAQ: TESO) shares rose 5.55% to create a new 52-week high of $20.91. TESO shares have surged 69.17% over the past 52 weeks, while the S&P 500 index has gained 10.29% in the same period. Capstone Turbine Corporation (NASDAQ: CPST) shares gained 3.26% to create a new 52-...
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Capital One Expects to Maintain $0.05 Quarterly Dividend
Friday, March 18, 2011 - 12:41pm | 143Capital One Financial Corporation (NYSE: COF) today announced it expects to maintain its current quarterly common stock dividend of $0.05 per share for the first quarter of 2011, subject to final approval by the Board of Directors in May. The company also announced that it expects its Tier 1...
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UPDATE: Citi Color On DFS Q1 Preview
Friday, March 18, 2011 - 8:47am | 165Citi, which raised its PT on shares of Discover Financial Services (NYSE: DFS), is providing some color on the stock. “We are raising our Q1 est to $0.60 (ex any one-time STU deal exp) to reflect better credit (consensus is $0.51),” Citi writes. “And we believe core Q1 EPS has risk to the upside on...
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Citigroup Raises PT On Discover Financial Services To $23
Friday, March 18, 2011 - 7:49am | 29Citigroup has raised the price target on Discover Financial Services (NYSE: DFS) from $20 to $23 and maintains its Hold rating.
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Time To Look At Banks On Dividend Hopes? (C, JPM, BAC, GS, COF)
Thursday, March 17, 2011 - 10:17am | 506Now may be a good time to look at the big international banks, as hopes increase the companies will be allowed to raise their dividends sometime in the next few months. Names like Citigroup (NYSE: C), J.P. Morgan (NYSE: JPM), Bank of America (NYSE: BAC), Capital One (NYSE: COF) and Goldman Sachs (...