Higher card use, better payments lift Discover 2Q
News from BusinessWeek:

Discover Financial Services says its second-quarter profit more than tripled as customers used their cards more and got better about making payments on time.

The Riverwoods, Ill., credit card company says net income leaped to $ 593 million, or $ 1.09 per share. That is well above Wall Street’s expectation for profit of 75 cents per share.

More use of Discover cards pushed sales volume up 9 percent and boosted the number of transactions the company’s networks processed.

Customers also got much better paying their bills, so late payments and write offs of uncollected balances both dropped sharply from last year. That let Discover r…………… continues on BusinessWeek
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New Hartford man found not guilty of illegal credit card purchase of chain saw
News from Torrington Register Citizen:

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Baptist

Bethlehem Baptist Fellowship

Meeting at the First Church of Bethlehem

21 Main Street, South Bethlehem, CT 06750

Saturday Evening Service @ 6:00 PM

Tuesday Bible Stidy @ 7:00 PM

Pastor Duane Crossman @ 860-459-8452

www.bethlehembf.com

Friendship Baptist Church

441 Torrington Rd, Litchfield Ct 06759

860-567-3389 www.friendshipbc.com

Sunday Morning classes 9.00am

Sunday Morning Worship 10:30am

Sunday Classes & Children’s Choir 6:00pm

Wednesday Classes (youth group, royal Ambassadors, Girls Action, Mission Friends) 6:30

Cable 5: Sunday Service 6:00pm

Unity

Unity in the Foo…………… continues on Torrington Register Citizen

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