Capital One Financial Corp. is among the cheapest U.S. bank stocks, even as Federal Reserve data show the company is better-equipped than JPMorgan Chase & Co. and Wells Fargo & Co. to withstand a severe economic slump.
It’s been a rough three years for banks, securities firms and insurers -- even rougher for the analysts whose job it is to predict how the stocks of these firms will perform, Bloomberg Markets reports in its November issue.
Discover Financial Services , the payments processor whose stock has outgained three bigger rivals, may get another boost after the largest U.S. mobile carriers chose its network for a new venture, analysts said.
Shares of American Express Co. are poised to rally as analysts signal its earnings growth will outpace companies in the Standard & Poor’s 500 Index, even as investors have yet to reflect such optimism.
MasterCard Inc. , the world’s second- biggest payments network, said it will acquire prepaid card- management assets from Travelex Holdings Ltd. for 290 million pounds ($458 million) to expand in one of the fastest growing segments of the charge-card market.