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The stock of Discover Financial Services DFS is trading lower on Tuesday. This comes after yesterday's gain of more than 7.5%.
The Justice Department (DOJ) is reportedly closer to permitting Capital One's purchase of Discover. That's according to a report Monday (March 31) by the Capital Forum, citing sources familiar with the matter.
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Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF) told investors it is close to completing the optimised Definitive Feasibility Study (DFS) for the BKM Copper Project in Central Kalimantan, Indonesia. The company confirmed that all major engineering and technical work is complete, with only supplementary analysis on power supply outstanding.
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its First quarter 2025 results after the market closes on Wednesday, April 23, 2025. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results and related matters will be held on Thursday, April 24, 2025, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio web.
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Discover (DFS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
The Department of Justice has reportedly found that Capital One's planned acquisition of Discover would be anticompetitive. “DOJ staff has determined that Capital One's proposed $35.
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Discover (DFS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.