DFS - Why Capital One Stock Is Climbing | Benzinga
Capital One Financial Corporation (NYSE:COF) shares are trading higher Wednesday. Capital One aims to acquire Discover Financial Services (NYSE:DFS), which reported better-than-expected second-quarter results after the bell.
The Details: Discover shares are trading higher after the company reported GAAP earnings of $6.06 per share, beating the estimate of $3.07 per share, and quarterly Net Interest Income (NII) of $3.524 billion.
Additionally, Capital One announced a community benefits plan Wednesday that commits more than $265 billion in lending, investment and philanthropy over five years ...