69.94 0.00 (0.00%)
After hours: 4:31PM EST
|Bid||69.94 x 1000|
|Ask||70.53 x 800|
|Day's Range||68.86 - 70.60|
|52 Week Range||63.31 - 81.93|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||11.14|
|Earnings Date||Jan 22, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||1.60 (2.27%)|
|1y Target Est||88.27|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Financials sector is rising.
PPCBank and Diners Club International have signed a franchise agreement in Cambodia. The Network Participation Agreement gives PPCBank the privilege to issue Diners Club cards to its customers in Cambodia. The signing of the agreement at Sofitel Phnom Penh Phokeethra follows the establishment of a memorandum of understanding earlier this year.
Fifty-nine percent of Americans ages 18-26 who have taken a financial education course believe the lessons will save them more than $10,000 over the course of their lifetimes, according to a new survey from Discover. Discover released the survey results today in conjunction with Discovery Education as the two companies announced their Pathway to Financial Success in Schools program will be extended to a younger age group: middle school students. The program provides comprehensive financial literacy curriculum free of charge through self-paced modules, classroom activities and family extension activities.
The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses. Under the Fed proposal, midsized lenders including U.S. Bancorp (USB.N), Capital One Financial Corp (COF.N), PNC Financial Corp (PNC.N) and Charles Schwab Corp (SCHW.N) would face lower liquidity and compliance requirements, and smaller banks would get even easier treatment. The proposal stems from a law Congress passed in May that ordered the Fed to reduce regulatory burdens on community and regional lenders.
The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses. Under the Fed proposal, midsized lenders including U.S. Bancorp, Capital One Financial Corp, PNC Financial Corp and Charles Schwab Corp would face lower liquidity and compliance requirements, and smaller banks would get even easier treatment. The proposal stems from a law Congress passed in May that ordered the Fed to reduce regulatory burdens on community and regional lenders.
One More Down Day and S&P 500 Ties 50-Year Record The S&P 500 (NYSEARCA:SPY) has been down 16 days in the month of October. If it closes down today, that will make 17, the most down days in a single month since 1970. While futures are up significantly this morning, there have been large reversals […] The post Market Morning: Record Down Days, Biotech Buyback Busts, Coke Raising Prices, Credit Tightens appeared first on Market Exclusive.
Moody's Investors Service has upgraded the ratings of Discover Financial Services (DFS) and its Discover Bank subsidiary. DFS's long-term senior unsecured debt rating was upgraded to Baa3 from Ba1, its bank subsidiary's long-term senior unsecured debt rating was upgraded to Baa2 from Baa3, its deposit ratings were upgrade to A2/Prime-1 from A3/Prime-2 and its standalone baseline credit assessment (BCA) was upgraded to baa2 from baa3.
If MasterCard Inc. ( MA) has its way, paying with cash will one day seem as prehistoric as using livestock to settle one’s accounts. The venerable credit card operator has grown exponentially since its early days as a cooperative among multiple banks that used a common name to process payments. Much like its perennial competitor Visa Inc. ( V), MasterCard enjoyed decades of privately-held success before an early 2000s initial public offering (IPO).
Discover (DFS) delivered earnings and revenue surprises of 0.00% and 1.13%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Stocks got smoked on Wednesday with all of the major averages closing on their lows and the tech-heavy Nasdaq dropping over 4% in a very ugly day for investors. Thursday will bring a number of major earnings reports that might buoy investor confidence — or break it.
Visa earnings for the fiscal fourth quarter are due after the close. Credit-card stocks like Visa and Mastercard are trying to retain support at their 200-day lines.
Discover Financial Services (DFS) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
A healthy job market and a steady hike in wages have increased the spending power of consumers. According to the U.S. Bureau of Labor Statistics, the unemployment rate declined 20 basis points in September to 3.7%, the lowest level since December 1969. An improving GDP growth rate is creating a favorable business environment for Mastercard. In the second quarter, the US GDP grew 4.2%, almost double the 2.2% increase registered in the first quarter. This growth rate was the highest since the third quarter of 2014.
Mastercard (MA) is scheduled to report its third-quarter 2018 results on October 30. Analysts project a substantial YoY (year-over-year) increase in the company’s top-line and bottom-line results. Its improved expectations are primarily driven by the strong economy, higher payments volume, and elevated spending. The improvement could be partially offset by a strong dollar and ongoing trade war concerns.
An improving GDP growth rate, a healthy job market, and a steady hike in wages have increased the spending power of consumers. The US GDP grew 4.2% in the second quarter, which was almost double the 2.2% increase registered in the first quarter.
On October 24, Visa (V) is scheduled to report its earnings for the fourth quarter of fiscal 2018, which ended on September 30. Analysts project a substantial YoY (year-over-year) increase in the company’s top-line and bottom-line results.
Yahoo Finance’s Alexis Christoforous talks with Matt Schulz of CompareCards.com about parents loaning their children credit cards.