Capital One is revisiting a policy that allows bank workers to make personal visits to customers and identify themselves in any manner they choose.» Read More
U.S. stock index futures added to gains following reports that showed weekly jobless claims tumbled to a five-year low and housing starts jumped to their highest rate since June 2008.
Traders will be watching Thursday's earnings closely for signs of any trend that could break stocks out of their doldrums.
Some of the names on the move ahead of the open.
With stocks at a five-year high, bulls will be watching to see if they get encouraging reports from CEOs this earnings season -- or news that will bring out the bears.
A few sectors show relative strength for 2013, JPMorgan Chief U.S. Equity Strategist Thomas Lee says.
TheStreet.com identifies bank stocks that are trading at low multiples to forward earnings estimates.
Does offering extra cash to shareholders improve a company's stock performance? Not necessarily.
The Amex and Wal-Mart venture could change what it means for the long-term viability of the prepaid card market’s old guard.
Compared to the same period a year ago, consumer discretionary and financial companies have taken the lead, showing EPS growth of 8 percent and 5 percent, respectively.
Some major wireless companies are betting big on mobile payments and they are about to find out if their gamble will pay off.
NEW YORK-- Shares of Capital One Financial Corp. rose to a nearly five-year high Friday, as recent big acquisitions helped the bank grow net income 47 percent in the third quarter. THE SPARK: Capital One on Thursday said that it earned $1.17 billion, or $2.01 per share for the three months ended Sept. 30.
Disappointing results from three giants of the Dow _ Microsoft, General Electric and McDonald's _ were to blame. The Dow sank 221 points, or 1.6 percent, to 13,327. The S&P was down 26, or 1.8 percent, at 1,431. The Nasdaq composite index, hammered by a second ugly day for Google, lost 70 points to 3,002, a 2.3 percent decline.
THE BOTTOM LINE: Capital One Financial's third-quarter net income jumped 47 percent versus the prior-year quarter, as the addition of ING Direct and HSBC's U.S. card business helped drive revenue gains across the lender's businesses. THE NUMBERS: Net income rose to $1.17 billion, or $2.01 per share, for the quarter ended Sept. 30.
In its third-quarter earnings report, Capital One Financial said that its auto loans business posted sharp annual growth. The division ended the July-to-September period with $26.4 billion in loans, up from $20.4 billion in the same quarter last year.
LOS ANGELES-- Capital One Financial Corp.' s net income vaulted 47 percent in the third quarter, as the lender's acquisition of online bank ING Direct and HSBC's U.S. credit card business helped boost its loan revenue.
Check out which companies are making headlines after the bell Thursday.
After American Express reported ongoing deceleration in cardmember spending, one analyst is suggesting that investors look elsewhere in the sector for earnings momentum.
Citigroup Inc. reports quarterly financial results. CSX Corp. reports quarterly financial results. Intel Corp. reports quarterly financial results.
Oct 11- Capital One Financial Corp:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Hackers attacked online services of Capital One, the bank said Tuesday. "We have no reason to believe that customer and account information is at risk," it said.