- Citigroup Lost $20 Million on Facebook IPO Trades
- Sticker Shock: What College Is Likely to Cost in 18 Years
- Marc Faber: Chance of Global Recession Is Now 100%
- Icahn Raises Stake in Chesapeake, Wants Board Seats
- Week Ahead: Europe Has Wall Street Bull on Short Leash
- What Happened to Stocks? Most Unloved in 50 Years
- Cool Jobs: From Gold Stacker to Bed Tester
- Many Greeks Moved Their Money Abroad Long Ago
- China, US, Japan Also Have Work to Do: EU's Barroso
- A New Look at the ‘New Poor’
- Six Pack: Beer Buzz of the Week
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Under Pressure, FHA Skews to Wealthier Home Buyers
- Big Stock Upside for Hudson City Deal: Analyst
- 5 High-Yield Stocks Ready to Boost Dividends
- Yoshikami: Four Things You Need to Know About Gold Now
- Steinbock: The Euro Zone Endgame Begins
- Option Bulls Take Another Shot on Idenix
MOST SHARED
- Carl Icahn Increases Stake in Chesapeake, Demands Board Seats
- Citigroup Lost $20 Million on Facebook IPO Trades
- Europe Has Wall Street's Bull on a Short Leash
- Romney Leads Poll Of Small Business Owners
- Marc Faber: 100% Chance of Global Recession
- Astronauts Snare SpaceX Rocket
- The Key to a Successful Turnaround
- Judge Says Skilling Can Seek New Trial
- Facebook: The Song — Yes, We're Serious
- Bacon Tourism: From the Davos of Bacon to Bacon Mecca
MOST POPULAR
HOT ON FACEBOOK
Capital One Warns Full-Year Profit Will Miss Outlook
Text Size 
Capital One Financial said on Thursday it expects to report fourth-quarter earnings of around 60 cents per share, and warned that its full-year results would fall below its previous outlook.
The credit card issuer and banking company said it expects full-year earnings of around $3.97 per share, below its previous expectation of "about $5.00 per share". It blamed higher provision expense and additional legal reserves.
McLean, Virginia-based Capital One [COF
Loading...
()
] also said it expects earnings from continuing operations of around 85 cents per share for the fourth quarter. The company is due to report its quarterly results on Jan. 23.
In November, the company raised its forecast for charge-offs in 2008 to between $4.9 billion and the mid-$5 billion range from a previous outlook of $4.9 billion, and said more customers had difficulty paying their bills in October than in the third quarter.
In December, it said in filings that it expects to take a charge of about $80 million in the fourth quarter to settle an anti-trust lawsuit brought by American Express [APX
Loading...
()
].
- The Nasdaq has suffered the most from the EU crisis showing there's risk in the usual tech stocks.
- Targeting more Millennials is just one of the items brewing for consumers in the world of spirits.
- It seems many people may need a reminder of how NOT to act on a plane. Here are a few tips.
- Here are some very unusual roadside stops along American highways that might peek your interest.
- How three generations of Americans are dealing with the finances of retirement.
Data is a real-time snapshot *Data is delayed at least 15 minutes
