Capital One Financial Corporation (COF) and eBay Inc. (EBAY) News in Reviews


Capital One Financial Corporation (NYSE:COF) stock shows drops of -0.42% and traded at a price of $99.50 in preceding trading session.

Capital One Financial Corp. (COF) reported in a regulatory filing Tuesday that on December 24, 2017, it resubmitted its capital plan as required by the Federal Reserve Board for the 2017 Comprehensive Capital Analysis and Review or “CCAR” process to address certain weaknesses identified in the Company’s capital planning process. In connection with the resubmission, the Company’s Board of Directors reduced the authorized buybacks of the Company’s common stock to up to $1.0 billion for the remaining 2017 CCAR period, which ends June 30, 2018.

In June 2017, the Company reported that the Board had authorized the buyback of up to $1.85 billion of the Company’s common stock beginning in the third quarter of 2017 through the second quarter of 2018.

To date, the Company has buybackd an immaterial amount of its common stock under the 2017 Buyback Program. If the Federal Reserve objects to the resubmitted capital plan, it may restrict subsequent capital distributions. The Board’s decision was driven by the estimated near term adverse impact to the Company’s financial position as a result of the anticipated reduction in the carrying value of certain tax assets and additional tax expenses resulting from the Tax Act.

Its 52-week range quite noticeable, lower range was $30.86% and hit highest level of $-1.88%. The overall volume in the last trading session was 439476 shares. The liquidity position of firm is on noticeable level, as its debt to equity ratio stands at 0.91.

Shares of eBay Inc. (NASDAQ:EBAY) at the time when day-trade ended the stock finally slightly down -0.37% to close at $37.80. The 29th of December, or ‘Boxing Up’ Day , will be the best day for people in Britain to list for re-sale on eBay any Christmas gifts that are not right for them and make self-improvement purchases ahead of the new year, according to data by online marketplace eBay Inc. (EBAY).

eBay declared that its data showed households across the UK are set to receive more than 850 million pounds worth of gifts that are not right for them. One in five of Brits stated that they would use the money they make from re-selling Christmas gifts to fund their new year goals, with the average person set to spend 511 pounds in January on items including new clothes, DIY, hairstyles and fitness equipment.

According to eBay, the best time to re-sell gifts is between 9 pm and 10 pm on 29th of December on eBay as the online marketplace sees a peak in searches – one every eight seconds. Analysts at eBay have trawled through all the data from 2016 to create a list of the best items to re-sell on the 29th of December this year, based on best sellers from last year between 27th and 30th December.

The volatility tends to amount of risk or uncertainty about size of changes in a security’s value; a higher volatility denotes that a security’s value can potentially be spread out over a larger range of values. The price volatility of EBAY was 1.12% for a week and 1.80% for a month as well as price volatility’s Average True Range for 14 days was 0.59. Shares price isolated positively from its 50 days moving average with 2.81% and remote positively from 200 days moving average with 5.92%.


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