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Stock Market & Financial Investment News

News Breaks
November 8, 2012
13:07 EDTCOFCapital One has significant loan exposure in states impacted by Hurricane Sandy
In a regulatory filing Capital One said: "On October 29,, Hurricane Sandy made landfall on the New Jersey coast. The Federal Emergency Management Agency, FEMA, has given a Major Disaster Declaration to coastal counties in Connecticut, New Jersey and New York. Other counties in those states and in other states in the Northeast and Mid-Atlantic also experienced varying, although lesser, damage and disruption from the storm. We have significant consumer and commercial loan exposure in Connecticut, New Jersey and New York, the states with the most severe FEMA disaster declarations".
News For COF From The Last 14 Days
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July 24, 2014
07:26 EDTCOFCapital One price target raised to $92 from $85 at UBS
UBS raised its price target on Capital One to $92 from $85 following its solid Q2 results, citing stronger than expected loan growth, better credit performance, margins improvement, and solid guidance. UBS keeps its Buy rating on the stock.
July 20, 2014
11:58 EDTCOFCaterpillar, five others should benefit from global recovery, Barron's says
Caterpillar (CAT), Teradata (TDC), Kennametal (KMT), Capital One Financial (COF), T. Rowe Price Group (TROW), and Chesapeake Energy (CHK) are all relatively cheap and should benefit from global recovery, Barron's contends in its cover article. Reference Link
July 18, 2014
07:13 EDTCOFCapital One price target raised to $88 from $79 at RBC Capital
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July 17, 2014
16:17 EDTCOFCapital One reports Q2 EPS $2.04 , consensus $1.82
Reports Q2 revenue $5.47B, consensus $5.43B.
15:26 EDTCOFNotable companies reporting after market close
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July 15, 2014
07:55 EDTCOFCapital One July volatility elevated into Q2 and outlook
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06:08 EDTCOFCapital One reports June net charge-off rate 3.23% vs. 3.36% last month
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July 14, 2014
08:53 EDTCOFCapital One has positive read from Wells Fargo report, says Janney Capital
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