Capital One Finance Beats Q2 Estimates, Shares Gain in Afterhours (COF)

Capital One Finance Corp. (NYSE: COF) reported sharp jump in net income for its fiscal second-quarter as interest income from credit card business grew sharply amid significantly improving U.S. macroeconomic environment. Continue reading Capital One Finance Beats Q2 Estimates, Shares Gain in Afterhours (COF)

Major Movers on January 18; LIFE, COF, INTC, MS, GE

Shares of Life Technologies Corp. (NASDAQ:LIFE) rallied on Friday. According to a report carried on Financial Post newspaper, the gene sequencing company has appointed Deutsche Bank AG and Moelis & Co for a strategic review, which could possibly result in company going private through a leveraged buyout (LB) or being acquired by larger industry players.

Continue reading Major Movers on January 18; LIFE, COF, INTC, MS, GE