United States

U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

27 Feb 2017
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$0.19 (+0.34%)
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Latest Key Developments (Source: Significant Developments)

U.S. Bancorp's Elavon signs Wyndham Hotel Group to multi-year agreement
Tuesday, 16 Jun 2015 09:00am EDT 

Elavon:Signs multi-year agreement with Wyndham Hotel Group to integrate secure payment technology for approximately 4,500 of the company's more than 7,600 hotels over the next 18 months.Integration leverages Elavon's Fusebox gateway and Simplify payment security software application to remove cardholder data from each hotel's Property Management System (PMS).Says this layered approach to security includes encryption, tokenization and EMV acceptance devices and helps hotels mitigate risk associated with PCI compliance and the EMV liability shift coming in Oct.Elavon is a subsidiary of U.S. Bancorp.  Full Article

U.S. Bancorp announces share repurchase and expects dividend increase - Form 8-K
Wednesday, 11 Mar 2015 04:54pm EDT 

U.S. Bancorp:Expects to recommend increase in dividend to $1.02, or $0.255 on a quarterly basis beginning Q2 2015.Says approved a five-quarter authorization to repurchase up to $3.022 billion of common stock beginning on April 1.  Full Article

More From Around the Web

Ambac sues U.S. Bancorp, says is shortchanged by BofA pact

The bond insurer Ambac Financial Group Inc has sued U.S. Bancorp to stop the bank from accepting a lowball settlement between investors and Bank of America Corp over shoddy mortgage securities.