Business

Capital One Financial

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The Virginia-based credit card issuer fell after fourth-quarter profit missed estimates. Net income fell 42 percent to $407 million, and earnings from continuing operations were 89 cents a share, missing the $1.55 estimate. Capital One said some expenses were one-time costs as it expects to complete its purchase of ING Groep NV’s US online bank and HSBC Holdings US credit card portfolio this year.