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Stock Market & Financial Investment News

News Breaks
July 16, 2014
07:17 EDTUSBU.S. Bancorp reports Q2 EPS 78c, consensus 77c
Reports Q2 revenue $5.19B, consensus $4.94B. Q2 included two previously disclosed notable items. The company reached a settlement with the DOJ to resolve an investigation relating to the endorsement of mortgage loans under the Federal Housing Administration's insurance program for $200M. In addition, prior to the FHA DOJ settlement, the company sold 3.0M shares of the Class B common stock of Visa (V) resulting in a net pretax gain of $214M. Combined, these notable items had no impact to diluted earnings per common share for the current quarter.
News For USB From The Last 14 Days
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June 18, 2015
10:01 EDTUSBOn The Fly: Analyst Initiation Summary
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07:08 EDTUSBU.S. Bancorp initiated with an Equal Weight at Stephens
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June 17, 2015
11:25 EDTUSBU.S. Bancorp receives $55M in tax credit allocation
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06:48 EDTUSBMore big banks waiving overdraft fees, WSJ reports
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June 16, 2015
14:01 EDTUSBU.S. Bancorp raises quarterly dividend 4.1% to 25.5c per share
The dividend is payable July 15 to shareholders of record at the close of business on June 30.
07:11 EDTUSBSurprise AIG ruling may make future bailouts unlikely, even if needed, NYT says
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