Tag: $Capital One

Capital One Financial beats profit estimates on higher interest income

July 20 (Reuters) – Consumer lender Capital One Financial (COF.N) reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher income from borrowers following a rise in benchmark lending rates.

New York City commission votes to halt deposits at Capital One

South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.

Capital One shares up after billionaire investor Buffett’s near $1 bln bet on bank

Shares of Capital One Financial Corp (COF.N) rose in premarket trading on Tuesday after billionaire investor Warren Buffett’s holding company disclosed it had taken a stake in the credit cards-focused bank.