Discover Financial Services DFS has been persistently in news, highlighting its positive financial performance, strategic shifts and looming merger with
Capital One. Renowned personalities in finance, like
Jim Cramer and
Dmitry Balyasny's hedge fund, have been betting on DFS, increasing its value. DFS boasted a
net income of $1.3 billion or $5.11 per diluted share in the last quarter, and full-year net income of
$4.5 billion or $17.72 per diluted share. While Capital One received approval for the acquisition of DFS, there have been reports of antitrust concerns. Regardless, these changes have sparked interest from billionaires, adding to the stock's appeal. Despite potential concerns over the acquisition, DFS has seen a lift in its composite rating and is viewed as a valuable addition to investment portfolios. The former CEO of DFS,
Roger Hochschild, has joined InterPayments, while DFS has partnered with Skipify to improve digital payments. Lastly, an investigatory alert into the adequacy of price and process in the proposed DFS sale has been issued. Despite these challenges, DFS remains a potential leader in the finance sector.
Discover Financial Services DFS News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Fri, 28 Mar 2025 22:39:19 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 6
