Company: Capital One Financial

JPMorgan Chase has agreed to pay $110 million to settle consumer litigation accusing it of charging excessive overdraft fees.

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

IBM and Microsoft drove the Dow Jones industrial average higher Friday after the tech giants reported stronger earnings than analysts expected.

The company reported quarterly earnings that fell short of Wall Street's expectations on Thursday, sendings its shares lower in after-hours trading.

Capital One Financial Corp. said Thursday that its net income fell 41 percent in the fourth quarter as expenses for marketing and operations rose sharply.

Capital One Financial Corp. said the rate its customers defaulted on credit card balances dropped in December after ticking higher for the three prior months.

Monday

MONDAY, Jan. 16

Considered market poison just a few months ago, bank stocks have roared back as investors have chosen to look past the debt crisis in Europe and focus on fundamentals.

Analysts expect that volatility and correlation will continue to afflict markets in the year to come, the New York Times reports.

Banks may have gotten hammered this year in the stock market, but the CEOs who run them are doing just fine.

As Europe struggles with its debt crisis, U.S. businesses and financial firms are swooping in amid the distress, making loans and snapping up bank-owned assets. The New York Times reports.

Two big deals last week — Google’s takeover bid for Motorola Mobility and Hewlett-Packard’s purchase of Autonomy — underscored the growing influence of boutique investment banks.  The New York Times reports.

Stocks were higher across the board in another volatile session Thursday as investors snapped up beaten-down sectors, but continued to monitor ongoing developments in the euro zone.

Stocks surged sharply across the board Thursday, with the S&P and Nasdaq wiping out the previous session's losses, as investors snapped up beaten-down sectors. Despite the day's rally, the Dow and S&P are still down more than 2 percent for the week.