July 17 (Reuters) - Discover Financial Services ( DFS ) on Wednesday reported a 70% rise in second-quarter profit, as a high-rate environment helped the U.S. credit issuer earn more in interest income. Credit card-focused lenders have outperformed the broader industry this year, benefiting from gains in interest income. Companies like Discover get shielded from market volatility in mortgages as...

Capital One Financial Corporation ( COF ) shares are trading higher Wednesday. Capital One aims to acquire Discover Financial Services ( 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...

(Reuters) - Darden Restaurants ( DRI ), owner of the Olive Garden ( DRI ) chain, has agreed to buy full-service restaurant operator Chuy's Holdings in an all-cash deal which has an enterprise value of $605 million, the companies said on Wednesday. The move would add 101 restaurants operated by Chuy's across 15 states in the U.S. to the iconic...

05:39 PM EDT, 07/17/2024 (MT Newswires) -- John B. Sanfilippo & Son ( JBSS ) declared a special dividend of $1.25 a share and a regular annual dividend of $0.85 a share The dividends are payable Sept. 11 to shareholders of record Aug. 20, the company said Wednesday. ...