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Why Discover Financial Services Stock Got Thrashed on Tuesday

The Motley Fool

What happened Change can be hard for investors, and it can be particularly difficult when it occurs at the very top of the management structure of one of their investments. That was the dynamic behind the more than 9% fall in Discover Financial Services ' (NYSE: DFS) share price on Tuesday, as its CEO stepped down from his position.

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Why Discover Financial Services Stock Dropped Today

The Motley Fool

Shares of Discover Financial Services (NYSE: DFS) fell 10.8% In the end, while it seems Discover is doing a good job mitigating risk and remaining solidly profitable in spite of rising charge-off rates, investors are understandably unsettled given its big profit shortfall this quarter. The stock is simply responding in kind.

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Why Discover Financial Services Sank This Week

The Motley Fool

What happened Shares of Discover Financial Services (NYSE: DFS) sank this week, falling about 10% as of noon on Thursday, according to data from S&P Global Market Intelligence. With the buyback suspended until the issue is resolved, it's no wonder investors are headed to the sidelines for now.

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The Vistria Group takes controlling stake in financial services firm U.S. Retirement & Benefit Partners

PE Hub

Kohlberg will remain a a minority investor and partner with The Vistria Group to further accelerate the growth of USRBP. The post The Vistria Group takes controlling stake in financial services firm U.S. Retirement & Benefit Partners appeared first on PE Hub.

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SoFi Plunged 10% Following Its Earnings. Here Are 3 Things Investors Need to Know.

The Motley Fool

Here what investors need to know about SoFi today. However, it did get a strong boost from its technology platform and financial services segment. In financial services, SoFi saw strong net interest income growth, which doubled from last year to nearly $120 million. Its member count grew to 8.1 Image source: SoFi.

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Breaking Down the Proposed Capital One-Discover Financial Services Deal

The Motley Fool

In this podcast, Motley Fool host Ricky Mulvey and analyst Jim Gillies discuss: How a merged Capital One and Discover Financial Services would compare to the big banks. The investor reaction to the proposed merger. I think the long-term investor just looks at this and doesn't particularly care. Home Depot 's earnings.

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Blackstone to Present at the Bank of America Securities Financial Services Conference 2024

Blackstone News

NEW YORK – February 7, 2024 – Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at the Bank of America Securities 2024 Financial Services Conference on Wednesday, February 21, 2024 at 2:30pm ET. About Blackstone Blackstone is the world’s largest alternative asset manager.