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Capital 1-Discover Deal Faces New York Antitrust Probe
New York probing legality of Capital One-Discover merger
New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services violates the state's antitrust law. James asked a state judge in Manhattan in court filings on Wednesday to subpoena Capital One for documents needed for her probe,
NY Antitrust Investigators Seek Subpoena in Probe of Potential Capital One-Discover Merger
Attorney General Letitia James' office said its antitrust bureau is confidentially investigating the proposed transaction's effects on competition under New York's Donnelly Act.
NY AG adds to scrutiny of Capital One-Discover deal
New York Attorney General Letitia James is probing the proposed acquisition’s effects on competition, arguing “often vulnerable New Yorkers with subprime credit scores” could see impact.
Capital One, Discover Financial
Why Capital One Financial Rallied Today
Capital One delivered $10 billion in revenue in the quarter, up 7% year-over-year, and adjusted ( non-GAAP) earnings per share of $4.51 per share, up just 1.3%. Still, both figures came in ahead of expectations.
Capital One Financial (COF) Receives a Buy from Jefferies
In a report released today, John Hecht from Jefferies maintained a Buy rating on Capital One Financial (COF – Research Report), with a
Capital One Financial 3Q Revenue Rises
Capital One Financial logged higher revenue in the third quarter citing growth in its domestic card and auto businesses, as well as stable consumer credit results. The McLean, Va.-based financial holding company on Thursday posted a net profit of $1.
American Banker
1d
Capital One acknowledges Discover merger won't close this year
The credit card heavyweight outpaced analysts' profitability expectations in the third quarter, but its pending acquisition ...
The San Joaquin Valley Sun
2d
Capital One’s $265bil community benefits plan is a game changer
There's plenty to like for local communities with the proposed merger of Capital One and Discover, writes Natalie Blanning.
20h
Discover Financial Services: Well-Positioned If The Acquisition Fails
Discover Financial Services is a strong investment with solid financials and potential for increased shareholder returns.
1d
Capital One Profit Beats Estimates on Card, Auto Loan Growth
Capital One Financial Corp., the bank that’s seeking to acquire rival Discover Financial Services, posted a profit that beat ...
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