{"id":28290,"date":"2012-03-16T07:48:09","date_gmt":"2012-03-16T11:48:09","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28290"},"modified":"2012-03-16T07:48:09","modified_gmt":"2012-03-16T11:48:09","slug":"capital-one-announced-offer-of-common-stock-to-help-hsbc","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/16\/capital-one-announced-offer-of-common-stock-to-help-hsbc\/","title":{"rendered":"Capital One Announced Offer of Common Stock to Help HSBC"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v6e683abbbf82f21df3d57de69859fd3085e8ec8f&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v6e683abbbf82f21df3d57de69859fd3085e8ec8f&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>On late Wednesday, Capital One Financial (NYSE:COF) announced an offer of $1.25 billion of common stock to assist HSBC&#8217;s (NYSE:HBC) U.S. credit card business.Capital One plans to purchase HSBC&#8217;s credit card business that consists an estimated $30 billion in loans, for $2.6 billion.Capital One Financial (NYSE:COF) has potential upside of 9.6% based on a current price of $52.88 and an average consensus analyst price target of $57.95.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/16\/1_0i63tzi8_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/16\/1_0i63tzi8_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On late Wednesday, Capital One Financial (NYSE:COF) announced an offer of $1.25 billion of common stock to assist HSBC&#8217;s (NYSE:HBC) U.S. credit card business.Capital One plans to purchase HSBC&#8217;s credit card business that consists an estimated $30 billion in loans, for $2.6 billion.Capital One Financial (NYSE:COF) has potential upside of 9.6% based on a current &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/16\/capital-one-announced-offer-of-common-stock-to-help-hsbc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Capital One Announced Offer of Common Stock to Help HSBC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28290","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28290"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28290\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}