Capital One agrees to buy Discover Financial in a $35 billion all-stock deal that will combine two of the nation’s largest credit-card companies to create a.
Shares of Walmart Inc. jumped further into record territory Tuesday amid a busy day for the discount retail giant, which reported an earnings beat, confirmed.
The just-announced $35 billion deal is seen as a way to build scale, with Discover’s payments network currently the smallest of the four U.S.-based ones.