Company Update: Discover Financial Services (NYSE:DFS) – Discover Financial profit falls 33 pct on higher loan reserves

[Reuters] – Credit card issuer Discover Financial Services Inc reported a 33 percent drop in quarterly profit as it set aside more money to cover bad loans. The company’s net income allocated to . . . → Read More: Company Update: Discover Financial Services (NYSE:DFS) – Discover Financial profit falls 33 pct on higher loan reserves Similar Articles: Company Update: Capital One Financial Corporation (NYSE:COF) – Capital One profit misses estimates on higher loan loss provision Company Update: Discover Financial Services (NYSE:DFS) – Discover among the Top 100 Best Places to Work for Information Technology Professionals Stock Update (NYSE:AXP): AmEx profit rises 9 pct on higher card spending