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Visa is to pay $2.1 billion to its credit card rival American Express to settle damages relating to a 2004 antitrust lawsuit. The Visa International Service Association or VISA of San Francisco, California, USA, commonly called VISA, is an economic joint.
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AP, Nashville
Pinnacle Financial Partners Inc. said Saturday it will take a charge of $21.6 million in the second quarter to account for a loan to a bank holding company whose...
made popular May 3 2009
AP, Farmington
Chrysler Financial says it’s temporarily suspending financing for Chrysler dealers effective immediately.
made popular May 1 2009
AP, Pittsburgh
PNC Financial Services says its first-quarter profit jumped 22 percent, surpassing analysts’ expectations.
made popular Apr 23 2009
AP, Santa Fe
A Chicago-based financial firm paid a politically connected New Mexico broker to help obtain a $50 million state investment that a whistleblower lawsuit alleges was...
made popular Apr 22 2009
AP, New Orleans
The PGA Tour picked up another key sponsor extension Tuesday when Zurich Financial said it would continue its title sponsorship of the New Orleans tournament through...
made popular Apr 21 2009
AP, Birmingham
Regions Financial Corp. on Tuesday reported a surprising first-quarter profit, driven by strong mortgage banking revenue and deposit growth. But loan losses at the...
made popular Apr 21 2009
AP, Washington
Chrysler LLC’s financial arm turned down additional government aid after some top executives refused to accept new limits on executive pay, according to a...
made popular Apr 20 2009
AP, Washington
A published report says Chrysler’s finance arm turned down a $750 million loan from the federal government because some top executives refused to accept new...
made popular Apr 20 2009
AP, Zurich
Shares of Zurich Financial Services Group dropped about 4 percent in morning trading after the company announced it will buy American International Group Inc.’s...
made popular Apr 17 2009
AP, New York
Regions Financial Corp. has cut its quarterly cash dividend to a penny per share from 10 cents per share.
made popular Apr 16 2009
AP, Charlotte
Insurer American International Group Inc. said Thursday it will sell its car insurance unit, 21st Century Insurance, to Zurich Financial Services Group for $1.9...
made popular Apr 16 2009
AP, New York
Regions Financial Corp. surprised investors with good news Thursday, saying it expects to report a profit for the first quarter when most analysts had predicted a...
made popular Apr 16 2009
AP, New York
Regions Financial says it expects to report a profit for the first quarter, bucking Wall Street’s expectation for a loss.
made popular Apr 16 2009
AP, New York
Financial firms, which helped lead the recent rally on Wall Street, are retreating as investors look to pocket gains from the recent surge, and amid continuing concern...
made popular Mar 19 2009
AP,
Among the earnings stories for Thursday, March 19, from AP Financial News:
made popular Mar 19 2009
AP, Charlotte
Discover Financial Services says it managed to remain profitable during its fiscal first quarter, thanks to a payment from a lawsuit settlement.
made popular Mar 19 2009
AP, Washington
President Barack Obama seeks new powers that would allow his administration to seize troubled companies like the insurer AIG _ and take ownership of their toxic assets...
made popular Mar 18 2009
AP, New York
The feud between Jon Stewart and CNBC’s Jim Cramer has been good for laughs _ and ratings _ but has also raised the serious question of whether the experts at...
made popular Mar 13 2009
AP, New York
Bernie Madoff, aka inmate No. 61727-054, personifies why it’s essential to be careful with your money.
made popular Mar 13 2009
AP, Charlotte
PNC Financial Services Group Inc. Chief Executive James E. Rohr received compensation of $8.5 million in 2008, down nearly 41 percent from the previous year, according...
made popular Mar 11 2009
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AP,
Among the earnings stories for Thursday, March 19, from AP Financial News:
made popular Mar 19 2009
AP, Charlotte
Discover Financial Services says it managed to remain profitable during its fiscal first quarter, thanks to a payment from a lawsuit settlement.
made popular Mar 19 2009
AP, New York
Discover Financial Services says it returned to profitability during its fiscal fourth-quarter, due in part to a payment from a lawsuit settlement.
made popular Dec 18 2008
AP, New York
Discover Financial Services’ profit fell 11 percent in the third quarter but its lucrative card processing business drove the results above Wall Street’s...
made popular Sep 25 2008
AP, New York
Discover Financial Services says its third-quarter profit dipped 11 percent, but surpassed Wall Street’s expectations as card sales volume grew.
made popular Sep 25 2008
AP, New York
Discover says its profit in the second quarter rose 12 percent after the credit card company saw record volumes in its third-party payments business.The Riverwoods,...
made popular Jun 26 2008
AP, New York
The credit card lender Discover says its first-quarter profit fell 65 percent to $81.2 million after it sold its British card business.But excluding the effect of that...
made popular Mar 19 2008
AP, New York
Discover Financial Services LLC posted a loss in its fiscal fourth quarter after taking a $391 million charge because of its struggling card business in Great...
made popular Dec 20 2007
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Ridgeland:
Discover Center specialist Jason Whittington (left) helps a Cellular South customer learn more about her wireless phone features and explains the mobile web during a visit earlier this week at one of the company’s retail stores in Jackson, Mississippi. ..
