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Stock Market & Financial Investment News

News Breaks
January 16, 2013
06:50 EDTUSBU.S. Bancorp reports Q4 loan loss provision $443M vs. $497M a year ago
Reports Q4 net charge-offs $468M vs. $622M a year ago.
News For USB From The Last 14 Days
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May 29, 2015
07:09 EDTUSBU.S. Bancorp says may need to cut jobs if interest rates don't rise, WSJ reports
Richard Davis, the chairman and CEO of U.S. Bancorp, warned that if interest rates do not rise as expected, the bank may have to cut jobs, The Wall Street Journal reports, citing comments made at an investor conference. Davis commented, “If we’re wrong and rates actually aren’t going to move up…trust me, we will cut expenses." Davis noted that there are no current plans to cut jobs, and still believes rates will begin rising in September or December. Reference Link
May 20, 2015
08:21 EDTUSBATM data theft soars to highest rate in two decades, WSJ says
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May 19, 2015
07:13 EDTUSBBarclays to hold a conference
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06:24 EDTUSBU.S. Bancorp and Bank of America win dismissal of mortgage claims, Reuters says
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