U.S. Bancorp (USB) 39.86 $USB
SmarTrend Watching for Potential Pullback in Shares of US Bancorp After 1.95% Gain
Comtex SmarTrend(R) - Thu Jun 23, 12:21PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $41.88 to a high of $42.24. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $42.00 on volume of 2.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
USB: 39.86 (-2.37)
US Bancorp (USB) Breaks Through Resistance at $41.56
Comtex SmarTrend(R) - Wed Jun 22, 9:15AM CDT
Shares of US Bancorp (NYSE:USB) opened today above their pivot of $41.32 and have already reached the first level of resistance at $41.56. Investors may be interested in a cross of the next upside pivot targets of $41.74 and $42.16.
USB: 39.86 (-2.37)
Elavon Supports Payments Innovation with Apple Pay Expansion
BusinessWire - Mon Jun 20, 8:00AM CDT
Elavon, a leading global payments solution provider and subsidiary of U.S. Bancorp (NYSE:USB), provides access to Apple Pay and now supports the additional card brands most used by Canadian consumers. Interac(R), Visa(R) and MasterCard(R) have been added in addition to American Express(R).
AXP: 60.06 (-3.19), USB: 39.86 (-2.37)
Duke Realty Corporation Announces Offering of $375 Million of Senior Unsecured Notes
Marketwired - Thu Jun 16, 5:06PM CDT
INDIANAPOLIS, IN--(Marketwired - June 16, 2016) - Duke Realty Corporation (NYSE: DRE), a leading industrial and medical office property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the "Operating Partnership"
, has priced an underwritten public offering of $375 million of its 3.250% senior unsecured notes due June 30, 2026. The notes were priced at 99.070% of their face amount to yield 3.360% to maturity. The Operating Partnership intends to use the net proceeds from this offering (i) to repurchase the Company's 5.95% Senior Notes due 2017 pursuant to the previously announced tender offer, (ii) to redeem any remaining 5.95% Senior Notes due 2017 that are not tendered in the tender offer (or in the event the tender offer is not consummated) and (iii) to repay borrowings under its revolving credit facility. Any remaining net proceeds from the offering will be used for general corporate purposes. The offering is expected to close on June 23, 2016, subject to customary closing conditions.
DRE: 25.39 (-0.05), JPM: 59.60 (-4.45), USB: 39.86 (-2.37), WFC: 45.71 (-2.20), MS: 24.52 (-2.77)
U.S. Bancorp Announces Quarterly Dividends
BusinessWire - Wed Jun 15, 12:00PM CDT
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.255 per common share, payable July 15, 2016, to stockholders of record at the close of business on June 30, 2016. At this quarterly dividend rate, the annual dividend is equivalent to $1.02 per common share.
USB: 39.86 (-2.37)
U.S. Bancorp to Release Second Quarter Earnings Results and Host Conference Call Friday, July 15, 2016
BusinessWire - Fri Jun 10, 12:00PM CDT
U.S. Bancorp (NYSE: USB) will release its second quarter 2016 earnings before the market opens on Friday, July 15, 2016. At 8:00 a.m. CDT, Richard K. Davis, chairman and chief executive officer, and Kathy Rogers, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
USB: 39.86 (-2.37)
US Bancorp Falls 1.07% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Jun 09, 1:05PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $42.03 to a high of $42.50. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $42.31 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 39.86 (-2.37)
SmarTrend Watching for Potential Rebound in Shares of US Bancorp After 1.07% Loss
Comtex SmarTrend(R) - Thu Jun 09, 1:03PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $42.03 to a high of $42.50. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $42.31 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 39.86 (-2.37)
U.S. Bank and MasterCard(R) Bring More Mobile Payment Choices to Customers
BusinessWire - Wed Jun 08, 1:01PM CDT
U.S. Bank today announced that its MasterCard cardmembers can now use Android Pay(TM) and Samsung Pay(R), offering more payment choices and convenience to customers.
USB: 39.86 (-2.37)
U.S. Bancorp to Speak at the Morgan Stanley 2016 Financials Conference
BusinessWire - Tue Jun 07, 3:05PM CDT
U.S. Bancorp (NYSE: USB) announced today that Richard K. Davis, chairman and CEO, will participate in a discussion regarding the Company at the Morgan Stanley 2016 Financials Conference. The presentation will begin at 3:05 p.m. EDT on Tuesday, June 14, 2016, in New York City and include information about U.S. Bancorp's financial performance and corporate strategies.
USB: 39.86 (-2.37), MS: 24.52 (-2.77)
Watch for US Bancorp to Potentially Rebound After Falling 1.83% Yesterday
Comtex SmarTrend(R) - Fri Jun 03, 12:32PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $41.77 to a high of $42.49. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $42.33 on volume of 7.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 39.86 (-2.37)
Ascent Private Capital Management of U.S. Bank Names John Zimmerman Head of Denver Office
BusinessWire - Fri Jun 03, 9:00AM CDT
Ascent Private Capital Management of U.S. Bank has named John Zimmerman, CFA, as regional managing director of its Denver office. Zimmerman, who most recently served as president of Denver Investments, will join Ascent's Denver team on June 14.
USB: 39.86 (-2.37)
Weight Watchers, Sony, Bank of America, Citigroup and U.S. Bancorp highlighted as Zacks Bull and Bear of the Day
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:30AM CDT
Weight Watchers, Sony, Bank of America, Citigroup and U.S. Bancorp highlighted as Zacks Bull and Bear of the Day
USB: 39.86 (-2.37), C: 40.30 (-4.16), SNE: 27.60 (-1.40), BAC: 13.00 (-1.04), WTW: 12.34 (-1.16)
FDIC-Insured Banks: Q1 Earnings Weak, Revenues Improve
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 4:43PM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2016 earnings of $39.1 billion, down 1.9% year over year. Notably, community banks, constituting 93% of all FDIC-insured institutions, reported net income of $5.2 billion, up 7.4% year over year.
USB: 39.86 (-2.37), C: 40.30 (-4.16), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20)
Reinsurance Group of America Announces Pricing of Senior Notes and Subordinated Debentures
BusinessWire - Wed Jun 01, 5:06PM CDT
Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that it has priced an aggregate principal amount of $400 million of 3.95 percent senior notes due 2026 and an aggregate principal amount of $400 million of 5.75 percent fixed-to-floating rate subordinated debentures due 2056, in each case pursuant to a public offering. RGA expects to use the net proceeds from the offerings to repay upon maturity its $300 million 5.625% senior notes that mature in March 2017, and for general corporate purposes.
JPM: 59.60 (-4.45), USB: 39.86 (-2.37), WFC: 45.71 (-2.20), RGA: 92.49 (-5.09)
Watch for Shares of US Bancorp (USB) to Approach Resistance at $43.16
Comtex SmarTrend(R) - Tue May 31, 9:26AM CDT
US Bancorp (NYSE:USB) has opened bullishly above the pivot of $42.84 today and has reached the first level of resistance at $43.06. Should the shares continue to rise, the resistance pivots of $43.16 and $43.48 will be of interest.
USB: 39.86 (-2.37)
Wells Fargo Fined $70M by OCC, Servicing Limits Lifted
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:33AM CDT
Wells Fargo & Company (WFC) has been hit with a $70 million penalty by The Office of the Comptroller of the Currency (OCC) as the bank failed to correct the shortcomings identified in the 2011 consent orders related to mortgage practices in a "timely fashion".
JPM: 59.60 (-4.45), USB: 39.86 (-2.37), HSBC: 30.68 (-3.05), WFC: 45.71 (-2.20)
SmarTrend Watching for Potential Pullback in Shares of US Bancorp After 1.95% Gain
Comtex SmarTrend(R) - Thu Jun 23, 12:21PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $41.88 to a high of $42.24. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $42.00 on volume of 2.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
USB: 39.86 (-2.37)
US Bancorp (USB) Breaks Through Resistance at $41.56
Comtex SmarTrend(R) - Wed Jun 22, 9:15AM CDT
Shares of US Bancorp (NYSE:USB) opened today above their pivot of $41.32 and have already reached the first level of resistance at $41.56. Investors may be interested in a cross of the next upside pivot targets of $41.74 and $42.16.
USB: 39.86 (-2.37)
Elavon Supports Payments Innovation with Apple Pay Expansion
BusinessWire - Mon Jun 20, 8:00AM CDT
Elavon, a leading global payments solution provider and subsidiary of U.S. Bancorp (NYSE:USB), provides access to Apple Pay and now supports the additional card brands most used by Canadian consumers. Interac(R), Visa(R) and MasterCard(R) have been added in addition to American Express(R).
AXP: 60.06 (-3.19), USB: 39.86 (-2.37)
Duke Realty Corporation Announces Offering of $375 Million of Senior Unsecured Notes
Marketwired - Thu Jun 16, 5:06PM CDT
INDIANAPOLIS, IN--(Marketwired - June 16, 2016) - Duke Realty Corporation (NYSE: DRE), a leading industrial and medical office property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the "Operating Partnership"
, has priced an underwritten public offering of $375 million of its 3.250% senior unsecured notes due June 30, 2026. The notes were priced at 99.070% of their face amount to yield 3.360% to maturity. The Operating Partnership intends to use the net proceeds from this offering (i) to repurchase the Company's 5.95% Senior Notes due 2017 pursuant to the previously announced tender offer, (ii) to redeem any remaining 5.95% Senior Notes due 2017 that are not tendered in the tender offer (or in the event the tender offer is not consummated) and (iii) to repay borrowings under its revolving credit facility. Any remaining net proceeds from the offering will be used for general corporate purposes. The offering is expected to close on June 23, 2016, subject to customary closing conditions. DRE: 25.39 (-0.05), JPM: 59.60 (-4.45), USB: 39.86 (-2.37), WFC: 45.71 (-2.20), MS: 24.52 (-2.77)
U.S. Bancorp Announces Quarterly Dividends
BusinessWire - Wed Jun 15, 12:00PM CDT
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.255 per common share, payable July 15, 2016, to stockholders of record at the close of business on June 30, 2016. At this quarterly dividend rate, the annual dividend is equivalent to $1.02 per common share.
USB: 39.86 (-2.37)
U.S. Bancorp to Release Second Quarter Earnings Results and Host Conference Call Friday, July 15, 2016
BusinessWire - Fri Jun 10, 12:00PM CDT
U.S. Bancorp (NYSE: USB) will release its second quarter 2016 earnings before the market opens on Friday, July 15, 2016. At 8:00 a.m. CDT, Richard K. Davis, chairman and chief executive officer, and Kathy Rogers, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
USB: 39.86 (-2.37)
US Bancorp Falls 1.07% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Jun 09, 1:05PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $42.03 to a high of $42.50. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $42.31 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 39.86 (-2.37)
SmarTrend Watching for Potential Rebound in Shares of US Bancorp After 1.07% Loss
Comtex SmarTrend(R) - Thu Jun 09, 1:03PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $42.03 to a high of $42.50. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $42.31 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 39.86 (-2.37)
U.S. Bank and MasterCard(R) Bring More Mobile Payment Choices to Customers
BusinessWire - Wed Jun 08, 1:01PM CDT
U.S. Bank today announced that its MasterCard cardmembers can now use Android Pay(TM) and Samsung Pay(R), offering more payment choices and convenience to customers.
USB: 39.86 (-2.37)
U.S. Bancorp to Speak at the Morgan Stanley 2016 Financials Conference
BusinessWire - Tue Jun 07, 3:05PM CDT
U.S. Bancorp (NYSE: USB) announced today that Richard K. Davis, chairman and CEO, will participate in a discussion regarding the Company at the Morgan Stanley 2016 Financials Conference. The presentation will begin at 3:05 p.m. EDT on Tuesday, June 14, 2016, in New York City and include information about U.S. Bancorp's financial performance and corporate strategies.
USB: 39.86 (-2.37), MS: 24.52 (-2.77)
Watch for US Bancorp to Potentially Rebound After Falling 1.83% Yesterday
Comtex SmarTrend(R) - Fri Jun 03, 12:32PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $41.77 to a high of $42.49. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $42.33 on volume of 7.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 39.86 (-2.37)
Ascent Private Capital Management of U.S. Bank Names John Zimmerman Head of Denver Office
BusinessWire - Fri Jun 03, 9:00AM CDT
Ascent Private Capital Management of U.S. Bank has named John Zimmerman, CFA, as regional managing director of its Denver office. Zimmerman, who most recently served as president of Denver Investments, will join Ascent's Denver team on June 14.
USB: 39.86 (-2.37)
Weight Watchers, Sony, Bank of America, Citigroup and U.S. Bancorp highlighted as Zacks Bull and Bear of the Day
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:30AM CDT
Weight Watchers, Sony, Bank of America, Citigroup and U.S. Bancorp highlighted as Zacks Bull and Bear of the Day
USB: 39.86 (-2.37), C: 40.30 (-4.16), SNE: 27.60 (-1.40), BAC: 13.00 (-1.04), WTW: 12.34 (-1.16)
FDIC-Insured Banks: Q1 Earnings Weak, Revenues Improve
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 4:43PM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2016 earnings of $39.1 billion, down 1.9% year over year. Notably, community banks, constituting 93% of all FDIC-insured institutions, reported net income of $5.2 billion, up 7.4% year over year.
USB: 39.86 (-2.37), C: 40.30 (-4.16), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20)
Reinsurance Group of America Announces Pricing of Senior Notes and Subordinated Debentures
BusinessWire - Wed Jun 01, 5:06PM CDT
Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that it has priced an aggregate principal amount of $400 million of 3.95 percent senior notes due 2026 and an aggregate principal amount of $400 million of 5.75 percent fixed-to-floating rate subordinated debentures due 2056, in each case pursuant to a public offering. RGA expects to use the net proceeds from the offerings to repay upon maturity its $300 million 5.625% senior notes that mature in March 2017, and for general corporate purposes.
JPM: 59.60 (-4.45), USB: 39.86 (-2.37), WFC: 45.71 (-2.20), RGA: 92.49 (-5.09)
Watch for Shares of US Bancorp (USB) to Approach Resistance at $43.16
Comtex SmarTrend(R) - Tue May 31, 9:26AM CDT
US Bancorp (NYSE:USB) has opened bullishly above the pivot of $42.84 today and has reached the first level of resistance at $43.06. Should the shares continue to rise, the resistance pivots of $43.16 and $43.48 will be of interest.
USB: 39.86 (-2.37)
Wells Fargo Fined $70M by OCC, Servicing Limits Lifted
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:33AM CDT
Wells Fargo & Company (WFC) has been hit with a $70 million penalty by The Office of the Comptroller of the Currency (OCC) as the bank failed to correct the shortcomings identified in the 2011 consent orders related to mortgage practices in a "timely fashion".
JPM: 59.60 (-4.45), USB: 39.86 (-2.37), HSBC: 30.68 (-3.05), WFC: 45.71 (-2.20)
