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United States

U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

52.57USD
24 Mar 2017
Change (% chg)

$-0.01 (-0.02%)
Prev Close
$52.58
Open
$52.75
Day's High
$52.97
Day's Low
$52.22
Volume
2,023,538
Avg. Vol
2,015,654
52-wk High
$56.60
52-wk Low
$38.48

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Mon, Mar 20 2017

BRIEF-U.S. Bancorp says to offer mobile payments for Visa commercial cards

* To offer mobile payments for Visa commercial cards Source text for Eikon: Further company coverage:

BRIEF-Jamie Walker to lead U.S. Bancorp subsidiary, Elavon as CEO

* Jamie Walker to lead U.S. Bancorp subsidiary, Elavon Inc as CEO

BRIEF-U.S. Bank raises prime lending rate to 4.00 pct from 3.75 pct effective March 16

* U.S. Bancorp raises prime lending rate to 4.00 percent from 3.75 percent effective March 16, 2017 Source text for Eikon: Further company coverage:

Fitch: Corporate Tax Changes May Aid US Bank Earnings

(The following statement was released by the rating agency) NEW YORK/CHICAGO, March 06 (Fitch) Potential federal corporate tax cuts may aid US bank earnings over the long run, according to Fitch Ratings. However, they could also result in deferred tax asset (DTA) and liability (DTL) revaluations, causing one-time earnings and capital impacts. While some of the one-time noncash charges from DTA revaluations could be significant, the potential earnings benefit from lower taxes over time could

BRIEF-U.S. Bancorp announces redemption of all outstanding depositary shares

* U.S. Bancorp announces redemption of all outstanding depositary shares representing interests in its series g non-cumulative perpetual preferred stock Source text for Eikon: Further company coverage:

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.

Fitch: U.S. Bancorp's Earnings Flat; Signals Management Change

(The following statement was released by the rating agency) CHICAGO, January 18 (Fitch) U.S. Bancorp's (USB) fourth quarter 2016 (4Q16) net income declined 1.6% from the sequential quarter and was flat relative to the year-ago quarter, according to Fitch Ratings. For the full year USB's net income was flat relative to the prior year. USB's 4Q16 annualized return on average assets (ROAA) was 1.32%, down from 1.36% in prior quarter and 1.41% in the year-ago quarter. ROAA for the full year 2016

BRIEF-U.S. Bancorp reports fourth quarter and full year 2016 earnings

* U.S. Bancorp reports fourth quarter and full year 2016 earnings

MOVES- U.S. Bancorp, Carmignac, New York Life

Jan 17 The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.

MOVES-U.S. Bancorp says Andy Cecere to succeed Richard Davis as CEO

Jan 17 U.S. regional bank U.S. Bancorp said Chief Operating Officer Andy Cecere would succeed Richard Davis as chief executive officer, effective April 18.

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