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There is a £500m share buy back programme on the back of a strong balance sheet and a restructuring of the UK operation improves the outlook there.
Asked if Capital One had submitted a dividend or share buy back request to the Fed, or if the Fed had rejected its plan, Tatiana Stead, a bank spokesman, demurred.
Rolls-Royce - which has been tipped by analysts for a £500m share buy back programme - rose 31.5p to 611p while BAE Systems was 5.8p better at 347.1p and Cobham climbed 6.3p to 252.3p.
Following their upbeat trading news, InterContinental Hotels added 49p to £12.98 and Imperial Tobacco rose 67p to £22.24, helped by news of a £500m share buy back.
But GlaxoSmithKline was wanted, up 40.5p to £11.68 as it confirmed plans for a share buy back this year, showing confidence in the outlook after its fourth quarter profits were wiped out by a £2.2bn legal charge.
WALL STREET JOURNAL SVG Could Buy Back Shares as Sales Speed Up | With a handful of Permira businesses on the block, SVG Capital, which Reuters notes is widely considered a "listed proxy" for the buyout firm, is contemplating a share buy back.
The rest of the share buy back will be financed through a $12 billion issuance of senior unsecured notes.
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News Corporation has announced a share buy-back plan.
After its Gangnam-style fiasco Hyundai launched a share buy-back.
Bolland said M&S would launch a promised £150m share buy-back on Wednesday.
It is scrapping its share buy-back scheme but retaining a €1.80 dividend.
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