Friday, August 24, 2012

The Quiet Success Of Discover, a Banking Underdog

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Investing Intelligence

Aug 24, 2012

This Week's Top Story

This Week's Top Story - The Quiet Success Of Discover, a Banking Underdog

Consumer Lending

The Quiet Success Of Discover, a Banking Underdog

Discover is the second-best performer this year among the 81 financial companies in the S&P 500 Financials Sector index

More Top Stories

How Opt Out Keeps People In

Force employees to instigate exits from 401(k)s, and chances are they won't leave

Money Market Funds: Stable-Until They're Not

After the defeat of an SEC proposal to boost money market funds' capital, Chairman Mary Schapiro has asked other regulators to weigh in on the need for reform

Shanghai Tightens Home-Buying Rules for Singles

Curbs on property purchases by unmarried singles flout tradition

Hedge Funds, Grimacing, Open the Kimono

A new rule requires investment managers to tell the government more than they ever have before

With Lending Slow, Banks' Cash Piles Up

Many banks are using the surplus cash to buy Treasury bonds and government agency debt

Homebuilders Look to Get Ahead of Demand

Homebuilders are beating estimates as demand has come back ahead of supply

Strange Bedfellows Debate Exporting Natural Gas

U.S. manufacturers fear that exporting natural gas would relieve a supply glut that's held down their costs

Sex Helps Sell Books, Barnes & Noble Learns

It helps that Borders liquidated, but Barnes & Noble finds that the sexy Fifty Shades series is really warming its bottom line

The Movie Flop That Sank a Michigan Town

A Hollywood producer promised thousands of jobs for Allen Park

Unilever Wants to Be America's Ice Cream King

The global ice cream leader uses its Magnum bar to spur U.S. sales

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