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Discover Profit Exceeds Estimates as Fewer Borrowers Default
Businessweek Discover Financial Services (DFS), the credit-card lender that struck a partnership with EBay Inc. (EBAY)'s PayPal unit, posted a fiscal third-quarter profit that beat Wall Street estimates as fewer loans soured. Net income in the period ended Aug. 31 … Discover Financial profit beats as consumers spend more Discover's 3rd-Quarter Net Down 3.4% on Higher Legal Expenses |
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