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Capital One puts credit risk worries to rest, delivers a strong quarter and new buyback

Capital One puts credit risk worries to rest, delivers a strong quarter and new buyback

Capital One shares rose on Tuesday evening after the credit card issuer reported a sizeable quarterly beat, driven by improved credit quality performance. Revenue in the third quarter ended Sept. 30 increased 53% year over year to $15.36 billion, beating the LSEG-complied consensus estimate of $15.08 billion. Adjusted earnings per share increased 32% year over year…

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Asia-Pacific stocks mixed as Japan ushers in new leadership

Asia-Pacific stocks mixed as Japan ushers in new leadership

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened mixed Wednesday as investors weighed Japan’s new government and fresh trade data from Tokyo. Japanese exports in September snapped four months of declines, climbing 4.2% year…

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