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Enter Symbol:
 
Discover Financial Services (DFS) [hlAlert]

Rating:
Sell DFS
up 11.03 %

Department 56, Inc. (DFS) rated Sell

Posted on: Monday,  Jul 2, 2007  10:04 PM ET by Calyon Securities

Calyon Securities rated Sell Discover Financial Services (NYSE: DFS) on 07/02/2007, when the stock price was $27.78. Since then, Discover Financial
Services has lost 9.94% of its value until Calyon Securities rated DFS Hold on 07/11/2007, when the price was $25.02.
If you would have followed this Calyon Securities's recommendation on DFS, you would have gained 11.03% of your investment in 9 days.

Discover Financial Services (DFS) is a credit card issuer and electronic payment services company. DFS is also engaged in payments processing. Its business segments include U.S. Card and Third-Party Payments. U.S. Card segment includes Discover Card-branded credit cards issued over Discover?s card network (the Discover Network), and consumer lending and deposit products offered through its subsidiary, Discover Bank. Third-Party Payments segment includes PULSE Network (PULSE), an automated teller machine (ATM), debit and electronic funds transfer network; Diners Club International (Diners Club), and its third-party business. On March 31, 2008, DFS sold its United Kingdom credit card business (Goldfish) to Barclays Bank PLC. On June 30, 2008, the Company acquired Diners Club International. In July 2008, DFS announced the opening of a new subsidiary, Discover Information Technology (Shanghai) Ltd., in the People?s Republic of China, to support its data analysis and modeling operations.

U.S. Equity Research is distributed to institutional accounts within the U.S. and Europe. With the combined efforts and cross-selling of our global institutional sales team and global research efforts we are able to reach leading financial institutions across the globe.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2007 9:25 AM Buy
None
18.45 23.00
as of 8/27/2015
1 Week down  -1.89 %
1 Month down  -8.50 %
3 Months down  -9.77 %
1 YTD down  -2.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2007 9:25 AM Hold
None
25.02 24.00
7/2/2007 10:06 AM Sell
None
27.78 24.00
7/2/2007 10:06 AM Sell
None
27.78 24.00

(*) Stock Price at the time of the recommendation.
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