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Capital One Finance Beats Q2 Estimates, Shares Gain in Afterhours (COF)

Capital One Finance Corp. (NYSE: COF) reported sharp jump in net income for its fiscal second-quarter as interest income from credit card business grew sharply amid significantly improving U.S. macroeconomic environment.

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Major Movers on January 18; LIFE, COF, INTC, MS, GE

Shares of Life Technologies Corp. (NASDAQ:LIFE) rallied on Friday. According to a report carried on Financial Post newspaper, the gene sequencing company has appointed Deutsche Bank AG and Moelis & Co for a strategic review, which could possibly result in company going private through a leveraged buyout (LB) or being acquired by larger industry players.

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