Comment on Growing Card Sales, Loss of Network Merchants Impact Discover's Earnings

Growing Card Sales, Loss of Network Merchants Impact Discover's Earnings

Discover Financial Services announced its fourth quarter and full year 2014 earnings on Wednesday, January 21. The company reported a 33% year-over-year decrease in net income to $404 million for the quarter. The decline in net income was partly due to changes in the structure of the company’s customer rewards program, [...]

 

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