Capital One Financial Corp.

Treasury to sell warrants as 3 banks exit bailouts

San Fransisco Chronicle (Free subscription) | 19/11/2009

The Treasury Department will auction off warrants for three big banks that it acquired as part of the bailout program. Treasury says it will begin auctioning warrants for JPMorgan Chase & Co, Capital One Financial Corp. and TCF Financial Corp. All three banks... JPMorgan Chase - United States Department of the Treasury - Capital One - Treasury Department - Business

JPMorgan, Capital One Warrants Will Be Auctioned by U.S. as Crisis Passes

Bloomberg (Free subscription) | 19/11/2009

Nov. 19 (Bloomberg) -- The U.S. Treasury Department said that within the next month it will auction off warrants in three banks that have repaid government assistance -- JPMorgan Chase & Co., Capital One Financial Corp. and TCF Financial Corp.

U.S. to sell warrants in three financial firms

Market Watch (Free subscription) | 19/11/2009

WASHINGTON (MarketWatch) -- The Treasury Department announced late Thursday that it intends to sell warrants to purchase common shares in three financial firms: JP Morgan Chase, Capital One Financial Corp and TCF Financial Corp. The warrants were received in return for government capital injections in the firms. Over the next month, Treasury said it intends to conduct auctions...

Capital One: Close position, take profits

BloggingStocks (Free subscription) | 19/11/2009

Filed under: Stocks to Sell As expected, Capital One Financial Corp.'s ( COF ) stock has seen increased interest in the past six months, on the argument that charge-offs will peak in mid-2010. First recommended on May 7, 2009 at a price of $29.41, if you bought COF in May, you're up about 37%. However, technically the stock will face substantial two-year resistance at $43-45, more resistance...

Treasury to sell warrants as 3 banks exit bailouts

Seattle Post-Intelligencer (Free subscription) | 19/11/2009

Treasury to sell warrants as 3 banks exit bailoutsBy DANIEL WAGNERAP BUSINESS WRITERFILE - In this May 19, 2009 file photo, an office tower known as 1Chase Manhattan Plaza, occupied by JPMorgan Chase & Co., is shown in New York. The Treasury Department said Thursday it will auction off warrants for New York-based JPMorgan Chase & Co., Capital One Financial Corp. and TCF Financial Corp....

Treasury to Auction Stock Warrants

BailoutSleuth (Free subscription) | 20/11/2009

The Treasury Department will auction off some of the stock warrants it received in exchange for bailout assistance. Over the next month, Treasury will use a "modified Dutch auction" system to unload it warrant positions in JP Morgan Chase & Co., Capital One Financial Corp., and TCF Financial Corp., the government announced. The department said it "expects to conduct similar auctions...

Treasury to sell warrants as 3 banks exit bailouts

Examiner (Free subscription) | 19/11/2009

The Treasury Department will auction off warrants for three big banks that it acquired as part of the bailout program.Treasury says it will begin auctioning warrants for JPMorgan Chase & Co, Capital One Financial Corp. and TCF Financial Corp. All three banks got bailouts that they have since repaid.Warrants are financial instruments that allow the holder to buy stock in the future...

• Treasury to auction off warrants for 3 banks it got in bailout - USA Today
• Treasury to sell warrants as 3 banks exit bailouts - Seattle Post-Intelligencer
• See the 6 articles on the same subject

Treasury to sell warrants as 3 banks exit bailouts

Daily Advance - Business (Free subscription) | 19/11/2009

FILE - In this May 19, 2009 file photo, an office tower known as 1Chase Manhattan Plaza, occupied by JPMorgan Chase&Co., is shown in New York. The Treasury Department said Thursday it will auction off warrants for New York-based JPMorgan Chase&Co., Capital One Financial Corp. and TCF Financial Corp. over the next month. It's the latest government effort to reel in its emergency...

• Treasury to sell warrants as 3 banks exit bailouts - Seattle Post-Intelligencer

Treasury Plans Dutch Auction for TARP Preferred Warrents

Stocks to Watch Today (Free subscription) | 19/11/2009

Will taxpayers now get paid back for the billions they spent to bailout Wall Street? The U.S. Treasury this afternoon announced it will hold a modified Dutch auction to dispose of the warrants for preferred stock it obtained from banks in return for TARP money given to the banks. Treasury plans to auctions warrents for prefferds from J.P. Morgan Chase (JPM), Capital One Financial Corp....

UPDATE 2--US Treasury to hold auction to sell TARP warrants

Reuters UK (Free subscription) | 20/11/2009

... a modified Dutch-style auction to sell its warrant positions in JPMorgan Chase & Co (JPM.N: , , ), Capital One Financial Corp (COF.N: , , ) and TCF Financial Corp (TCB.N: , , ).Treasury did not disclose how much it expects to receive for the warrants to purchase common stock, which it acquired under the Troubled Asset Relief Program.Each of these banks has fully repurchased...

• JPMorgan, Capital One Warrants Will Be Auctioned by U.S. as Crisis Passes - Bloomberg
• Treasury to Divest Bank Warrants - The Street
• See the 4 articles on the same subject

Treasury to sell warrants as 3 banks exit bailouts

Seattle Times (Free subscription) | 19/11/2009

WASHINGTON — The Treasury Department said Thursday it will auction off warrants for three banks that it acquired as part of last fall's financial bailout. It's the latest government effort to reel in its emergency financial programs.Treasury will auction warrants for New York-based JPMorgan Chase & Co., Capital One Financial Corp. and TCF Financial Corp. over the next month. The...

Treasury to sell warrants as 3 banks exit bailouts

kansascity.com (Free subscription) | 19/11/2009

WASHINGTON The Treasury Department said Thursday it will auction off warrants for three banks that it acquired as part of last fall's financial bailout. It's the latest government effort to reel in its emergency financial programs.

Treasury will auction warrants for New York-based JPMorgan Chase & Co., Capital One Financial Corp. and TCF Financial Corp. over the next month....