Article: United States: Capital One Reports 2008 Net Loss of $.21 Per Common Share (Diluted), Including Goodwill Impairment; 2008 Earnings of $2.28 Per Common Share From Continuing Operations.(Financial report)

Byline: sander03

Capital One Financial Corporation (NYSE: COF) today announced a net loss for the full year 2008 of $46.0 million, or $.21 per common share (diluted), compared with earnings of $1.6 billion, or $3.97 per common share (diluted) in 2007. Net income from continuing operations, excluding the non-cash goodwill impairment, was $895.4 million, or $2.28 per common share (diluted) for 2008. For the fourth quarter of 2008, the company reported a net loss of $1.4 billion, or $3.74 per common share (diluted), ...

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