CAPITAL ONE FINANCIAL CORPORATION

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Delayed Nyse  -  05/17 04:00:02 pm EDT
120.41 USD   +5.65%
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Soldiers mutiny in Burkina Faso

01/23/2022 | 09:41am EDT

Gunfire sounded from several military camps in Burkina Faso on Sunday (January 23) as mutinying soldiers demanded more support from the government in their fight against Al Qaeda and Islamic State-linked militants.

The government has called for calm and denies that the army has seized power or detained President Roch Kabore.

Heavy gunfire was first heard in the early hours at a camp in the capital Ouagadougou, which houses a prison whose inmates include soldiers involved in a failed 2015 coup attempt.

That's according to a Reuters reporter who saw soldiers firing into the air inside the camp, and at the Ouagadougou International Airport.

A witness also reported gunfire at a military camp in Kaya, around 62 miles north of the capital.

One of the mutineers, speaking to reporters, issued a series of demands.

They include appropriate resources and training for the army which has suffered severe losses at the hands of militants in recent months.

Another demand was the resignations of the army chief of staff and the head of the intelligence services.

Hundreds have come out in support of the soldiers and police fired teargas in downtown Ouagadougou to disperse around 300 protesters.

The government confirmed gunfire at some military camps but the West African country's defense minister said the reasons were still unclear.

Countries in the region are on high alert for coups after successful takeovers in Guinea and Mali over the past 18 months.

Earlier this month Burkinabe authorities arrested a dozen officers on suspicion of conspiring against the government.


ę Reuters 2022
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Financials (USD)
Sales 2022 33 571 M - -
Net income 2022 7 855 M - -
Net Debt 2022 26 511 M - -
P/E ratio 2022 5,97x
Yield 2022 2,02%
Capitalization 47 327 M 47 327 M -
EV / Sales 2022 2,20x
EV / Sales 2023 2,06x
Nbr of Employees 51 500
Free-Float 57,4%
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Number of Analysts 23
Last Close Price 120,41 $
Average target price 167,40 $
Spread / Average Target 39,0%
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Managers and Directors
Richard D. Fairbank Chief Executive Officer & Director
Andrew M. Young Chief Financial Officer
Robert M. Alexander Chief Information Officer
Ann Fritz Hackett Lead Independent Director
Bradford H. Warner Independent Director
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