Wall Street Breakfast

Capital One snags Discover in $35.3B stock deal

Feb 20, 2024
Guest
Capital One
Capital One is set to acquire Discover Financial for $35.3B in stock. They also discuss Bayer's 95% dividend cut and Palo Alto Networks' earnings preview. The episode covers the creation of the largest US credit card company through the acquisition, the impact on Capital One's EPS, and cybersecurity firm's positive outlook for the second quarter.
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Episode notes
1
Financial News: Capital One Acquires Discover, Bayer Dividend Cut, Palo Alto Networks Earnings Report
00:00 • 3min
2
Cybersecurity Firm's Strong Performance and Market Update
02:35 • 3min