Saturday, April 20, 2013

Capital One Rises Most in KBW as Profit Beats: Washington Mover

Capital One Financial Corp. (COF), the worst performer this year in the KBW Bank Index, rose the most among peers in the gauge after posting first-quarter profit that beat analysts' estimates on improved lending margins. Capital One rose as much as 6.2

Capital One's net revenue for the reported quarter stood at $5.55 billion, down 1.3% sequentially. The fall was mainly due to lower average loan balances and purchase volume, which were partially offset by higher margins. Moreover, revenues were below

FOOTBALL League chiefs today agreed controversial plans for extendible goalposts — to liven up extra time drama.

Capital One rallied 6.9 percent as income from continuing operations exceeded estimates. International Business Machines Corp., the biggest computer-services provider, tumbled 8.1 percent after quarterly profit missed projections for the first time

Capital One rallied 6.4 percent as income from continuing operations exceeded estimates. International Business Machines Corp., the biggest computer-services provider, tumbled 8.3 percent after quarterly profit missed projections for the first time

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Capital One Rises Most in KBW as Profit Beats: Washington Mover

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