Capital One Gets the Greenlight to Move Forward With Discover Acquisition

Virginia-based Capital One plans to buy Discover for $35 billion

The Federal Reserve System approved Capital One's acquisition of a credit card that represents 4% of all cad sales.

Capital One Financial Corporati (COF) Stock Forecasts - Overpasses For America

Stephen Biggar Director of Financial Institutions Research Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of e…

Capital One readies for Discover integration work

With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.

Capital One Q1: Strong EPS, Revenue Miss @themotleyfool #stocks $COF $DFS

Capital One Financial (NYSE:COF), a major player in the credit card and banking industry, reported mixed first-quarter earnings on Tuesday, April 22. Adjusted EPS of $4.06 came in well ahead of analysts' consensus expectations of $3.64. However, revenue was slightly below forecasts at $10 billion, compared to the anticipated $10.06 billion. Despite the revenue miss, the overall assessment of the quarter indicates a strong performance driven by e…

Virginia-based Capital One gets regulatory approvals for $35 billion purchase of Discover

NEW YORK (AP) — The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion. The Federal Reserve and the Office of the Comptroller of the Currency signed off on the deal, which was first announced in February 2024. The Federal Reserve Board said it entered into a consent order with Discover and assessed a fine of $100 million for ove…

Capital One Approved to Acquire Discover for $35 Billion - Valuetainment

Federal regulators have approved Capital One's $35 billion acquisition of Discover, a move that will create the largest credit card issuer in the United States. The post Capital One Approved to Acquire Discover for $35 Billion first appeared on Valuetainment.