Capital One Financial
28 марта 2018, 19:40

Capital One Financial started at buy with $114 stock price target at UBS

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23 марта 2018, 17:24

3 Financial Mutual Funds to Buy on Rising Interest Rates

Jerome Powell led Federal Reserve hiked the benchmark lending rate by a quarter-percentage point and projected a steeper path of rate hikes

22 марта 2018, 15:30

Implied Volatility Surging for Capital One Financial (COF) Stock Options

Investors in Capital One Financial (COF) need to pay close attention to the stock based on moves in the options market lately.

09 марта 2018, 17:15

Federal Reserve Board announces it will not object to the capital plan resubmitted by Capital One Financial Corporation

Federal Reserve Board announces it will not object to the capital plan resubmitted by Capital One Financial Corporation

05 марта 2018, 21:43

Amazon (AMZN) Gains As Company Eyes Bank Deals, Checking Accounts

Shares of Amazon (AMZN) surged more than 1.2% in late-morning trading Monday after new reports linked the company to the financial industry.

05 марта 2018, 16:29

Amazon Bank: Bezos To Offer Amazon-Branded Checking Accounts

Over the past year, the Wall Street Journal has published scoop after scoop about the innerworkings of - publishing revealing stories about everything from the company's plans to compete with UPS and Fedex to its decision to slash prices at Whole Foods. Today the Murdoch-controlled paper (which competes with the Bezos-owned Washington Post) published its latest bombshell: Amazon is currently in talks with several of the country's largest banks to launch a checking-account-like product, in what appears to be Bezos' initial foray into yet another industry, perhaps the biggest of them all: banking. Though plans are still in their early stages, the talks with financial firms are focused on creating a product that would appeal to younger customers and those without bank accounts. Whatever its final form, the initiative "wouldn’t involve Amazon becoming a bank" WSJ sources explained, which is somewhat since that is precisely what Amazon hopes to become by offering checking accounts, with loans to follow and iBanking services and prop trading on deck next. As a reminder, Amazon already offers an Amazon-branded Visa card that, among other benefits, allows customers to save money on purchases at Whole Foods, and on Amazon's store, with a 5% cash back on Prime purchases. A checking account would only further entrench the Seattle-based e-commerce giant in the lives of its customers. If the product emerges, it would further inject Amazon into the lives of those who shop on its website and at its Whole Foods grocery stores, read on its Kindles, watch its streaming video and chat with Alexa, its digital assistant. Offering a product that is similar to an own-branded bank account could help reduce fees Amazon pays to financial firms and provide it with valuable data on customers’ income and spending habits. The company’s latest push also answers a question that bank executives have been asking with increasing worry: When will Amazon show up on their turf? With millions of customers, troves of data, access to cheap capital and seemingly unlimited leeway from its investors to enter new businesses, Amazon is a fearsome competitor. Its more-than $700 billion market value eclipses the combined value of JPMorgan and Bank of America Corp , the two biggest U.S. banks. In a prudent move, Amazon isn't trying to enter banking directly - the company certainly has the cash to acquire any of the smaller US banking chains; rather, it's hoping to recruit banking partners, allowing the company to avoid coming under the thumb of financial regulators, at least initially. As WSJ points out, Amazon's approach shows how post-crisis financial regulations have helped entrench existing players while disadvantaging any companies, like Amazon, that would like to challenge the status quo. Amazon clearly wants to avoid any burdensome regulation that could constrain its growth into other industries. In banking, however, Amazon appears to be arriving more as a partner than a disrupter. Last fall, it put out a request for proposals from several banks for a hybrid-type checking account and is weighing pitches from firms including JPMorgan and Capital One Financial Corp., some of the people said. It is too early to say exactly what the product will look like, including whether it would give customers the ability to write checks, directly pay bills, or access to a nationwide ATM network. JP Morgan, Bank of America and Capital One are all in the running for the lucrative agreement, which WSJ points out would allow the banks to keep a close eye on one of their largest customers that could someday become a potential rival. Amazon already has a good relationship with JP Morgan, which has only been strengthened by the two companies partnership, along with Warren Buffett's Berkshire Hathaway, to launch a new health-care venture that would help provide care for the company's employees. For JPMorgan or Capital One, winning the assignment would be a chance to keep a potential competitor close and strengthen ties to a company that is popular among millennials, whose financial habits are changing quickly. In a recent poll of 1,000 Amazon customers conducted by LendEDU, an online student lender, 38% said they would trust Amazon to handle their finances equally as they would a traditional bank. JPMorgan is already close to Amazon. It has issued Amazon-branded credit cards since 2002, and the two companies are teaming up along with Berkshire Hathaway Inc. on an initiative to tackle rising health care costs for their employees. JPMorgan CEO James Dimon has said he nearly joined Amazon as an executive in the 1990s. He remains an admirer of the company’s CEO, Jeff Bezos, whom he called a “friend of the family” at an investor presentation last week. Capital One, meanwhile, is one of the largest bank users of Amazon’s cloud-computing business. Creating a checking account strictly for Amazon customers could help the e-commerce giant save on payments-related fees - though the arrangement would be much more complex than a simply co-branded credit card. Amazon's push into checking comes as the company hopes to bring Amazon Pay to its brick-and-mortar rivals. A checking account product would likely create important and useful synergies for Amazon Pay. It's worth pointing out that Amazon's reported push into checking comes as US consumers shoulder an ever-increasing share of debt. As the Fed pointed out two weeks ago, US consumer non-mortgage debt in the US has never been higher: As of December 31, 2017, US households had a record $1 trillion of credit card-revolving loans, a record $1.3 trillion of auto loans and a record $1.5 trillion of student loans. To be sure, Amazon isn't the first retailer to make a push into the financial space: Back in the early 1980s, Sears purchased brokerage Dean Witter - a deal that was dubbed "stocks and socks." In retrospect, that particular plan did not work out. * * * Meanwhile, putting the news in context, Amazon is much larger than both JP Morgan and Bank of America combined, which is why a joke published on twitter by one technology reporter could prove eerily prescient... Stories claiming Amazon to buy JPMC in 3...2...1... — James Wester (@jameswester) March 5, 2018  

26 февраля 2018, 16:52

Hancock Holding (HBHC) to Divest Consumer Finance Unit

Hancock Holding (HBHC) is expected to sell Harrison Finance within 90 days.

26 февраля 2018, 12:28

Why Is E*TRADE Financial (ETFC) Down 5.2% Since its Last Earnings Report?

E*TRADE Financial (ETFC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

23 февраля 2018, 19:30

How to Earn a Safe 6% Yield

When people talk about stocks, they’re likely referring to common (not preferred) shares. But understanding the difference can protect - and even boost - your returns.

22 февраля 2018, 18:29

Why Is Capital One Financial (COF) Down 7.5% Since its Last Earnings Report?

Capital One Financial (COF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

21 февраля 2018, 16:38

E*TRADE, Bunge, Facebook, Alphabet and Twitter as Zacks Bull and Bear of the Day

E*TRADE, Bunge, Facebook, Alphabet and Twitter as Zacks Bull and Bear of the Day

21 февраля 2018, 13:24

Bull of the Day: E*TRADE Financial Corporation (ETFC)

Bull of the Day: E*TRADE Financial Corporation (ETFC)

20 февраля 2018, 04:10

The Writing's On The Wall

Authored by Sven Henrich via, Many times people’s eyes glaze over when it comes to macro analysis and I get it. Macro analysis is by definition: Macro. It’s like watching a glacier melt and it only becomes of concern when the glacier structure collapses and you just happen to be in front of it. And then everybody says: Nobody could’ve seen it coming. Yet following the macro pieces is so incredibly important and I continuously try to dedicate some time to dissect the big data pieces and the data keeps screaming the same message: The Writing is on the Wall. For reference I keep track of these observations in NT blog and the Macro Corner. Here’s a few that stuck out in the past few days. Goldman Sachs sees red ink everywhere, warns US spending could push up rates and debt levels “Goldman Sachs sees a tidal wave of red ink — and it may drag the U.S. economy into its undertow. Federal deficit spending is headed toward “uncharted territory,” the firm said on Sunday, suggesting that the Trump administration and Congressional Republicans may not be able to count on the economic boost of tax reform for very longer. Goldman Sachs warned that the economic impetus from tax reform may have diminishing returns after this year. “The fiscal expansion should boost growth by around 0.7pp in 2018 and 0.6pp in 2019, but will likely come to an end after that”—listing a litany of reasons why spending and debt would conspire to undermine the world’s largest economy.  Goldman’s analysts wrote that the “growth effect comes from the change in the deficit, not the level, and further expansion would put the U.S. onto an even less sustainable long-term trend. Second, some of the recent deficit expansion relates to changes unlikely to be repeated, such as the temporarily large effect of certain tax provisions.” Lastly, “there is a good chance that control of Congress will change after this year’s midterm election, likely making it more difficult to further expand the deficit,” Goldman added. Recently, the Treasury projected a virtual sea of red government ink, saying it would have to borrow close to $1 trillion this year, and above that level in the years to come. Goldman underscored that fact by saying the Treasury is borrowing at record low rates, but couldn’t expect to do so indefinitely. The Treasury’s need for more debt is inauspicious, given the recent surge in U.S. yields and a Federal Reserve that’s expected to begin a campaign to hike borrowing costs and withdraw liquidity. “We expect rising interest rates and a rising debt level to lead to a meaningful increase in interest expense,” Goldman said. “On our current projections, federal interest expense will rise to 2.3 percent of GDP by 2021,” and could hit 3.5 percent by 2027.” The message here is simply this: Nothing, and I mean nothing has been done to address the structural issues facing this country. I already mentioned that the Tax Cuts will come back to haunt everybody. Short term gain for long term pain. The current political climate has devolved into such a toxic mess, void of any substantive solutions or even a desire to tackle key issues, that the growth construct remains trapped in a sea of obligations, unfunded, unmanageable and subject to a nasty reversion when the business cycle ends. Where are the tax cuts going? Buybacks: The recent lows were marked by buybacks being the primary driver of buying, not organic demand: “The corporate buying — they were basically the only buyers last week,’’ Matt Maley, a strategist at Miller Tabak & Co, said by phone. “Whenever we have forced selling take place, the buyers disappear and the sellers have to sell no matter what. And corporate buybacks are not going to be enough.”Investors bailed from stocks, with equity funds seeing record redemptions of $33 billion during the week through Feb. 7, according to EPFR Global data. After a blowup in volatility-linked products and fears of inflation stoked investor unease, risk aversion overtook greed. Corporate buybacks, the biggest source of demand for U.S. stocks during the nine-year rally, picked up as a slump sent the S&P 500 to 17 times forecast earnings, the lowest valuation since early 2016. Companies are also boosting repurchases as the fourth-quarter earnings season nears its end, concluding a blackout period that can restrict share repurchases”. Buybacks are of course a prime example in financial engineering and drivers of wealth inequality. While perfectly legal they are not an investment in the future or growth, but benefit shareholders and provide an ultimately distorted picture of EPS earnings as shares outstanding shrink. And for now they are the next free money put placed underneath markets. The primary financing mechanism of buybacks has been debt: Time to recite Goldman again: “We expect rising interest rates and a rising debt level to lead to a meaningful increase in interest expense”.  Cue the consumer throwing all caution into the wind of rising rates: “Interest rates are on the rise, but that hasn’t curbed Americans’ appetite for consumer debt. If anything, consumers are borrowing more on credit cards or through auto loans than they have in years, and lenders seeking growth are happy to oblige them. Abe Schilling, a 33-year-old car salesman in Great Falls, Mont., said he signed up for more than five credit cards over the past year, from issuers including Capital One Financial Corp. and Discover Financial Services , after he received offers in the mail. He also took out a $36,000 loan to buy a new Jeep Grand Cherokee. Mr. Schilling, who currently rents his home, said the offers have been arriving as his credit score has improved. He previously had dozens of collections and other negative marks on his credit reports after failing to pay back bills. With a steady income and months of debt counseling behind him, Mr. Schilling says he feels confident in his ability to pay for his debts. So do plenty of other Americans. In the fourth quarter, consumer debt, excluding mortgages and other home loans, rose 5.5% from a year earlier to $3.82 trillion. That is the highest amount since the Federal Reserve Bank of New York began tracking the data in 1999. Moreover, consumers’ non-housing debts accounted for just over 29% of their overall debt load, also the highest amount on record. The shift to nonmortgage debt, including credit cards and personal loans, carries some drawbacks for consumers, including higher interest rates. “This type of debt is problematic,” said Cris deRitis, senior director and economist at Moody’s Analytics. “It should really be temporary,” but for some consumers “it can be hard to get off that treadmill.” The writing is on the wall: The debt construct is not sustainable and higher rates will end it. This conclusion is clear. The only question is the when and where. When is the timing, the where is: Where will you be in relation to the glacier when it decides to move?

05 февраля 2018, 16:02

Lloyds запрещает покупку криптовалют с помощью кредитных карт

Британская Lloyds Banking Group запретила держателям кредитных карт банка покупать на полученные в заем деньги криптовалюты. «В Lloyds Bank, Bank of Scotland, Halifax и MBNA (входят в банковскую группу.— “Ъ”) мы не допускаем проведения трансакций с помощью кредитных карт, связанных с покупкой криптовалют»,— заявила представительница банковской группы.Таким образом, Lloyds стала первой банковской группой за пределами США, вводящей запрет на покупку криптовалют с помощью кредитных карт. На прошлой неделе аналогичный запрет ввели три крупных американских банка — JP Morgan Chase & Co., Bank of America и Citigroup. Еще раньше это сделали Capital One Financial Corp. и Discover Financial Services. Причина такого решения проста: банки боятся, что в случае обвала рынка криптовалют их клиенты не смогут погасить счета по кредитным картам. Так, в начале января биткойн стоил больше $17 тыс., а в пятницу котировки просели до $7,7 тыс. Сразу после этого и последовала реакция банков.

30 января 2018, 15:53

The Zacks Analyst Blog Highlights: SunTrust Banks, Capital One, Fifth Third Bancorp and Regions Financial

The Zacks Analyst Blog Highlights: SunTrust Banks, Capital One, Fifth Third Bancorp and Regions Financial

30 января 2018, 15:49

The Zacks Analyst Blog Highlights: Johnson & Johnson, Illinois Tool Works, Bank of New York Mellon, Ford and Capital One Financial

The Zacks Analyst Blog Highlights: Johnson & Johnson, Illinois Tool Works, Bank of New York Mellon, Ford and Capital One Financial

29 января 2018, 23:38

Top Analyst Reports for Johnson & Johnson, Illinois Tool Works & BNY Mellon

Top Analyst Reports for Johnson & Johnson, Illinois Tool Works & BNY Mellon

26 января 2018, 17:11

Банки блокируют покупки криптовалюты через ...

Некоторые компании-эмитенты кредитных карт запрещают использовать их «пластик» для покупки биткоина Банки и эмитенты кредитных карт начали ограничивать покупки биткоина своими клиентами, блокируя популярный способ приобретения волатильной цифровой валюты. В этом месяце компания Capital One Financial Corp. решила запретить своим клиентам использовать в… читать далее…

26 января 2018, 16:47

The Zacks Analyst Blog Highlights: Intel, Starbucks, E*TRADE and Capitol One

The Zacks Analyst Blog Highlights: Intel, Starbucks, E*TRADE and Capitol One

26 января 2018, 15:12

E*TRADE (ETFC) Q4 Earnings Beat on High Revenues, DARTs Up

E*TRADE Financial's (ETFC) fourth-quarter results reflect top-line strength and a benefit to provision for loan losses, partially offset by higher expenses.