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Capital One Financial News

News on Capital One Financial continually updated from thousands of sources around the net.

Thursday | TheStreet.com

Consumers Can't Pay; Banks Suffer

It's hardly a surprise that consumer loan delinquencies are on the rise. What do banks and credit card companies expect consumers to pay with when job losses are at an all time high? Still, today's numbers are striking: During the first quarter, the delinquency rate among eight types of closed-end installment loans rose to 3.23%, according to the ...

Comment?

Related Topix: Financial Services, Business News

Tue Jul 07, 2009

Barron's

It Will Pay Again to Discover

A $500 million stock offering is weighing excessively on the credit-card company's stock.

Comment?

Related Topix: Department 56, Household Products, Securities and Exchange Commission, Corporate / Securities Law, Law, Financial Services

Mon Jul 06, 2009

Richmond Times-Dispatch

Credit card reforms coming next year

Changes in credit cards coming in Feb. Planning on getting a credit card before industry reforms kick in next February? Consider using the guidelines in Bankrate.com's credit card study released Monday.

Comment?

Related Topix: Media, Bankrate, Computers, Banking, American Express, Financial Services, JP Morgan Chase , Omaha, NE, Opinion

Sat Jul 04, 2009

Charleston Daily Mail

Whitney hit by Fitch Ratings downgrade

Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. because of the company's increased amount of nonperforming assets, much of that coming from Florida real estate.

Comment?

Related Topix: Financial Services, Whitney Holding, Banking

Thu Jul 02, 2009

Fool.com

As Card Losses Hit Record Levels, Banks Hit Back

Since 2002, David and Tom Gardner have returned 29.08% while the S&P 500 returned -11.35%. Try Stock Advisor free for 30 days.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Wells Fargo , US Bancorp, American Express

Wed Jul 01, 2009

Fredericksburg.com

Be money savvy in Canada

Travel to Canada is getting more expensive for Americans. Why let extra bank fees whittle away those dwindling vacation dollars? A hotel room priced at Cdn.

Comment?

Related Topix: Canada, Financial Services

Mon Jun 29, 2009

Forbes.com

New High For U.S. Charge-Offs

The rate of uncollectible loans hit 10.6% in May, a record figure for Moody's Credit Card Index.

Comment?

Related Topix: Bank of America, Financial Services, Banking, Financial Markets

Sat Jun 27, 2009

CSRwire.com

Points of Light Institute Honors Corporate America's Renewed Call to Service

CSRwire.com - SAN FRANCISCO, CA. - June 24, 2009 - During this momentous time in history when heightened awareness about service and volunteerism is inciting everyday people to take action in their communities, corporations are also encouraging their employees to become catalysts for change.

Comment?

Related Topix: San Francisco, CA, San Francisco Metro, Financial Services, salesforce.com, Software

Fri Jun 26, 2009

Alexandria Gazette-Packet

Dollars & Cents

Teens generally dona TMt concern themselves with the monthly costs of water and power bills, rent or mortgages.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Financial Services

Thu Jun 25, 2009

Bloomberg Business News

Capital One's $549 Million Man Buys Back Freedom: Jonathan Weil

Whata s in Capital One Financial Corp.a s wallet? About $3.6 billion less than what was in there two weeks ago, now that the credit-card lender has returned its taxpayer bailout cash.

Comment?

Related Topix: Financial Services

Wed Jun 24, 2009

SchaeffersResearch.com Daily Market Blog

Bearish Bettor Opens a Long Put Spread on Capital One Financial Corp.

Elizabeth Harrow Option volume has exploded today on Capital One Financial Corp.

Comment?

Related Topix: Financial Services, Financial Markets, Personal Finance, Day Trading

Tue Jun 23, 2009

Hotel Interactive

Hilton Hotels Announces New Executive Appointment

Hilton Hotels Corporation today announced the appointment of Matthew W. Schuyler as Executive Vice President and Chief Human Resources Officer.

Comment?

Related Topix: Hotels, Hilton Hotels Corporation, Financial Services, McLean, VA, Penn State University Park

Mon Jun 22, 2009

PR-inside.com

Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2009 Earnings

On Thursday, July 23, 2009, at approximately 4:05 p.m. Eastern time, Capital One Financial Corporation will release its Second Quarter 2009 earnings results.

Comment?

Related Topix: Financial Services, Banking, McLean, VA

Seeking Alpha

Bears Bet Against Capital One

One big investor is betting on downside from Capital One Financial a few days after the lender reported worsening consumer-loan losses.

Comment?

Related Topix: Financial Services

Sun Jun 21, 2009

TheStreet.com

Cramer's Take on Headline Stocks

State Street and Capital One joined the list on Wednesday of banks repaying TARP funds .

Comment?

Related Topix: Financial Markets, State Street, Financial Services, Investment Services, Manufacturing, Automakers, Magna International

Sat Jun 20, 2009

Washington Business Journal

Capital One buys back TARP shares

Capital One Financial Corp. has repurchased 3.6 million shares it sold to the Treasury Department in connection with TARP funds it received last fall.

Comment?

Related Topix: Financial Services, US Treasury, US News

Fri Jun 19, 2009

Tech Confidential Blog

Finance Layoffs: Capital One, Barclays and more

There are more reports and rumors of layoffs in the finance industry this Friday.

Comment?

Related Topix: Financial Services, Banking, Barclays plc, Wellpoint Health Networks, Insurance, Framingham, MA, Computers, Dell

Thu Jun 18, 2009

Atlanta Business Chronicle

BB&T, Chase and others repay TARP

BB&T Corp. has paid $3.1 billion to the U.S. Treasury to buy back the preferred shares it sold to the federal government last fall as part of the Troubled Asset Relief Program, or TARP.

Comment?

Related Topix: BBT, Banking, Financial Services, US Bancorp, JP Morgan Chase

Inside Bay Area

Stocks on the move: Abercrombie, KeyCorp, Star Scientific

Shares of the following companies are having unusual moves in U.S. trading this morning.

Comment?

Related Topix: KeyCorp, Banking, Financial Services, Abercrombie and Fitch, Tobacco, Retail, Apparel, Star Scientific, Financial Markets, Wells Fargo

Wed Jun 17, 2009

Money Morning

What TARP Banks Are Investment Grade?

A total of 10 U.S. banks have now repaid the preference share investments in them made by the U.S. Treasury Department's Troubled Assets Relief Program , thus demonstrating that the government thinks they are sound.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Citigroup, BBT

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