Highlights
A collection of news and information related to Capital One Financial Corporation published by Tribune Company sources.
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IN BRIEF
Companies violating environmental laws will spend a record $11.8 billion to reduce pollution, and they paid more in penalties over the past year than they have since the first year of the Bush administration, according to the latest government statistics....Tags: U.S. Environmental Protection Agency, Environmental Pollution, Justice System, Economy, Viacom Inc.
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Business Briefing - December 5, 2008
OIL CONTINUES FREE-FALL TO UNDER $44 BARREL COLUMBUS, Ohio | Oil tumbled below $44 a barrel Thursday and average gasoline prices slipped under $1.80 a gallon, both four-year lows, as unemployment benefit claims hit a 26-year high and major companies...Tags: Mortgages, Unemployment, New York Mercantile Exchange, Stock Activities, Freddie Mac
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Capital One acquires bank
The Associated PressCapital One Financial Corp. said Thursday it will acquire Chevy Chase Bank for $520 million in cash and stock, as it continues to bolster its deposit base to help fund operations amid the ongoing credit crisis. Fresh off receiving $3.56 billion in...Tags: Maryland, Louisiana, Banking, New Jersey, Texas
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Chevy Chase Bank finds buyer
From Sun staff and news servicesCapital One Financial Corp. said yesterday that it will acquire Bethesda-based Chevy Chase Bank for $520 million in cash and stock, expanding its presence in its own backyard. Privately held Chevy Chase Bank has a sizable presence in the Baltimore area,...Tags: University of Maryland, Maryland, Delaware, Banking, Virginia
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Capital One to buy Chevy Chase Bank for $520M
The Associated PressCapital One Financial Corp. said today it will acquire Chevy Chase Bank for $520 million in cash and stock, expanding its presence in its own back yard. Fresh off receiving $3.56 billion in funds as part of the government's bank investment program and...Tags: Credit and Debt, Consumers, New Jersey, Mergers, Acquisitions and Takeovers, New Orleans
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Capital One Financial to acquire Chevy Chase Bank for $520 million in cash and stock
MCLEAN, Va. (AP) — Capital One Financial says it will buy Chevy Chase Bank for about $520 million in cash and stock. Capital One will buy the regional bank using $445 million in cash and 2.56 million Capital One shares valued at $75 million, or...Tags: Maryland, Virginia, Chevy Chase
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Chevy Chase deal reported
Associated PressCapital One Financial Corp. has struck a deal to buy Maryland regional bank Chevy Chase Bank for $520 million in cash and stock, The Wall Street Journal reported yesterday. In November, McLean, Va.-based Capital One received an investment of about $3....Tags: Maryland, Newspaper and Magazine, Chevy Chase, U.S. Department of Treasury
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Credit card holders squeezed as issuers cut credit limits
Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bancorp notified the Fairfax, Va., resident that she no longer had a $14,...Tags: Credit and Debt, Consumers, Unemployment, Natural Science, American Express Company
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Lampert takes hit on Sears holdings
Tribune reporterSears Holdings Corp. Chairman Edward Lampert saw his investment in the retail chain dive to a record low Friday in the wake of the industry's worst monthly sales drop on record, while a regulatory filing disclosed that his hedge fund poured money into...Tags: Mortgages, AutoZone Incorporated, CIT Group Incorporated, Mutual Funds, U.S. Securities and Exchange Commission
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Some see U.S. stock purchases as way to cull weaker banks
From wire reportsA number of financial institutions, including Capital One Financial Corp. and SunTrust Banks Inc., have said they will receive funds under the Treasury Department's capital purchase program. But what started as an effort by the federal government to spur...Tags: The Goldman Sachs Group Incorporated, Regions Financial Corporation, Provident Bankshares Corporation, Insurance, Mergers, Acquisitions and Takeovers
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Credit card issuers want to do you a big favor
Special to The Morning CallWhen I heard last week that banks want to forgive up to 40 percent of some customers' credit-card debt, my first question was, ''What's the catch?'' ''There's no catch,'' answered Scott Talbott, chief lobbyist for the Financial Services Roundtable, an...Tags: Consumers, Credit and Debt, Financial Services, Federal Reserve, Bank of America Corp.
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Credit card debt forgiveness for some benefits all
When I heard last week that banks want to forgive up to 40% of some customers' credit card debt, my first question was, "What's the catch?"
"There's no catch," answered Scott Talbott, chief lobbyist for the Financial Services Roundtable, an industry...Tags: Mortgages, Credit and Debt, Consumers, Office Needs, Financial Services
Dec 5, 2008
|Story| Newsday
Dec 5, 2008
|Story| Allentown Morning Call
Dec 5, 2008
|Story| Orlando Sentinel
Dec 5, 2008
|Story| Baltimore Sun
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Baltimore Sun
Nov 17, 2008
|Story| Los Angeles Times
Nov 15, 2008
|Story| Chicago Tribune
Oct 28, 2008
|Story| Baltimore Sun
Nov 9, 2008
|Story| Allentown Morning Call
Nov 5, 2008
|Column| Los Angeles Times


