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Stock Market & Financial Investment News

News Breaks
November 27, 2012
09:11 EDTUSBU.S. Bancorp's lead bank acquires Florida-based FSV Payment Systems
U.S. Bank, lead bank of U.S. Bancorp, announced that it is acquiring Florida-based FSV Payment Systems, a prepaid card processing company known for its expertise managing a broad range of prepaid programs for companies, governments and other financial institutions. The acquisition combines U.S. Bank's payments strength and prepaid expertise with FSV's platform which will position the combined entity as one of the few financial institutions in the industry capable of providing efficient end-to-end prepaid programs and services for its clients. The programs and services that FSV clients currently use will continue uninterrupted through the transition, and in the future they will benefit from new developments and innovations that the combined business will provide.
News For USB From The Last 14 Days
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April 17, 2015
07:31 EDTUSBU.K. postpones debt buyback due to Bloomberg terminal crash, WSJ reports
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April 15, 2015
09:53 EDTUSBU.S. Bancorp says improving interest rates is "a matter of when, not if"
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09:52 EDTUSBU.S. Bancorp does not expect to have a reduction in force
09:51 EDTUSBU.S. Bancorp says lower NIM due to investment portfolio growth
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08:25 EDTUSBUSB: Repurchase activity lower due conservative credit, underwriting culture
U.S. Bancorp said mortgage repurchase activity is lower than peers due to the conservative credit and underwriting culture. Reports Q1 beginning reserve of $46M and ending reserve of $46M. Reports Q1 mortgages repurchased and make-whole payments of $12M. Comments taken from slides for Q1 earnings conference call.
07:24 EDTUSBU.S. Bancorp sees level of net charge-offs increasing modestly in Q2
07:23 EDTUSBU.S. Bancorp sees total nonperforming assts 'relatively stable' in Q2
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07:20 EDTUSBU.S. Bancorp says 'diversification of business mix has served us well'
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07:19 EDTUSBU.S. Bancorp reports Q1 provision for credit losses $264M
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07:18 EDTUSBU.S. Bancorp reports Q1 EPS 76c, consensus 76c
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07:17 EDTUSBU.S. Bancorp reports Q1 EPS 76c, consensus 76c
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06:11 EDTUSBRegulators seek to end 'too big to fail' firms, WSJ reports
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April 14, 2015
15:34 EDTUSBNotable companies reporting before tomorrow's open
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12:58 EDTUSBU.S. Bancorp volatility elevated into Q1 and outlook
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