Equity Research on Discover Financial Services and SLM Corp. -- Economic Conditions Weigh on Credit Services Industry
May 02, 2012 08:10 ET
Equity Research on Discover Financial Services and SLM Corp. -- Economic Conditions Weigh on Credit Services Industry
NEW YORK, NY--(Marketwire - May 2, 2012) - [ www.shinesrooms.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Credit Services industry and are offering free analytical research on Discover Financial Services (
A sputtering global economic recovery is impeding significant gains for the credit services industry but several companies are still finding ways to improve amidst tough conditions. Get your free reports on Discover Financial Services and SLM Corp. at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.
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Increasingly confident U.S. retail customers and better spending are encouraging signs for card service providers like Discover Financial Services. Tapping into the growing mobile payment market will be important for such companies moving forward, but for now many are performing steadily. Discover Financial Services report is accessible for free by registering today at [ http://www.shinesrooms.com/DiscoverFinancialServices020512.pdf ].
On the lending side of the industry, new loan generation has been difficult but lenders are finding ways to offset this trend. SLM Corp. improved in the first quarter as provisions for loan losses and expenses both declined. First quarter net income did fall from $175 million last year to $112 million though. SLM Corp. report is accessible for free by registering today at [ http://www.shinesrooms.com/SLMCorp020512.pdf ].
Moving forward, continued macroeconomic improvement will be key for the credit services industry. Sustained spending levels will help card providers and lenders will likely remain focused on keeping expenses down.
The two Credit Services stocks research reports are available for free by signing up now on [ www.shinesrooms.com ].
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