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Discover Financial Services Reports Third Quarter Financial Results

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Discover Financial Services has reported its financial results for the third quarter of 2008. Discover reported that sales on Discover cards grew 5% while managed loans grew 6% year over year. Net income declined to $180 million from $202 million as Discover increased its provision of loan losses significantly in the quarter.

Posted: Sep 25, 2008 09:53 AM Pacific |   |   |   Tweet This

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