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0.000967408607255612 0.0019828525148715 0.00136844751026338 -0.00142430251068224 0.00148015751110126 0.00148015751110126 0.00148015751110126 0.00148015751110126
Stock impact report

Discover Financial Stock Leads S&P 500 Gainers on Retention of Interim CEO [Yahoo! Finance]

Capital One Financial Corporation (COF) 
Last capital one financial corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Michael Shepherd has agreed to stay on through the completion of Capital One Financial's purchase of the credit card provider. Last week, Shepherd and Discover agreed on a contract that could pay him as much as $5.65 million through June 30. Discover agreed in February 2024 to be purchased by Capital One for $35.3 billion. Discover Financial Services ( DFS ) stock paced the S&P 500 during a mostly down day for equities markets Monday as investors continued to take a positive view of last week's announcement about its leadership situation. Shares were up 5.5% in recent trading on word the credit card provider and J. Michael Shepherd had agreed for the interim CEO to remain on the job until rival Capital One Financial ( COF ) completes its planned purchase of Discover Financial. The $35.3 billion deal was hammered out in February 2024 and is expected to close soon. The contract with Shepherd pays him a base salary of $1.75 million in April, and $750,000 for May and June. If th Show less Read more
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