U.S. Bancorp (USB) 40.67 $USB
US Bancorp Rises 1.07% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Jul 12, 3:19PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $40.53 to a high of $40.86. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $40.53 on volume of 3.0 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: 40.67 (+0.37)
Financial Sector Stock Earnings in Focus: JPM, PNC, USB
Eric Dutram - Zacks Investment Research - Tue Jul 12, 12:52PM CDT
Banks are usually at the front end of earnings season, and help set the tone for the rest of the market. However, with the terrible interest rate outlook, can the space still post good profits, and give us a positive lead-off this earnings season?
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), PNC: 82.34 (+1.28)
U.S. Bank Names Steven Bennett Columbus Market President
BusinessWire - Tue Jul 12, 12:00PM CDT
U.S. Bank has named veteran banker Steven Bennett as its Columbus market president. Bennett will lead the market in company-wide efforts and activities, and will direct commercial banking in the greater Columbus area.
USB: 40.67 (+0.37)
Will Macro Issues Hurt U.S. Bancorp (USB) Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:54AM CDT
U.S. Bancorp (USB) is scheduled to report its second-quarter 2016 results on Jul 15, before the opening bell.
RF: 8.83 (+0.26), USB: 40.67 (+0.37), FII: 30.15 (+0.80), CMA: 42.84 (+1.23)
Bank Stock Roundup: Brexit Concerns Persist; JPMorgan & Citigroup in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 3:15PM CDT
Though investors' confidence received a boost with most banks getting the 2016 capital plan approval, concerns over Brexit continued to weigh on the stocks.
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), OZRK: 40.22 (+1.01)
U.S. Bank Leads the Way in the Evolution of Real-Time, Person-to-Person Payments
BusinessWire - Wed Jul 06, 9:00AM CDT
In early 2016, U.S. Bank became the first bank to offer real-time, person-to-person payments through the security of the clearXchange network, the largest bank-offered digital payments network in the United States.
USB: 40.67 (+0.37)
Look for Shares of US Bancorp to Potentially Rebound after Yesterday's 2.12% Sell Off
Comtex SmarTrend(R) - Tue Jul 05, 2:55PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $39.07 to a high of $39.78. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $39.14 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 40.67 (+0.37)
US Bancorp Set to Possibly Rebound After Yesterday's Selloff of 2.12%
Comtex SmarTrend(R) - Tue Jul 05, 2:53PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $39.07 to a high of $39.78. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $39.14 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 40.67 (+0.37)
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 8:30AM CDT
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), C: 43.44 (+1.15), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27)
Buffett Seeks Fed Approval for Increased Stake in Wells Fargo
Zacks Equity Research - Zacks Investment Research - Mon Jul 04, 8:54AM CDT
Legendary investor Warren Buffett's Berkshire Hathaway Inc. has sought permission from the Fed to increase its stake in Wells Fargo & Company (WFC) after hitting the level of 10% in March.
GS: 156.92 (+4.73), AXP: 63.00 (+0.84), USB: 40.67 (+0.37), WFC: 48.35 (+0.27)
Bank Stock Roundup: Capital Plans Get Fed's Nod; Citi & Wells Fargo in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 1:14PM CDT
Major banks witnessed a bullish trend over the last five trading sessions, driven by the Fed's approval of the banks' 2016 capital plans.
COF: 67.85 (+1.59), JPM: 63.20 (+0.93), USB: 40.67 (+0.37), C: 43.44 (+1.15), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), BK: 39.37 (+0.78)
Stress Test Results: 31 Banks Rejoice, 2 Fail to Clear
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 7:57AM CDT
Following the release of the Dodd-Frank Act supervisory stress test 2016 (DFAST 2016) results last week, the Federal Reserve approved the capital plans of 30 financial institutions out of 33 in the Comprehensive Capital Analysis and Review (CCAR).
FITB: 17.89 (+0.47), STT: 54.71 (+1.10), COF: 67.85 (+1.59), USB: 40.67 (+0.37), C: 43.44 (+1.15), MTB: 118.10 (+1.57), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), BK: 39.37 (+0.78), MS: 27.37 (+0.91)
U.S. Bancorp Receives Results of Comprehensive Capital Analysis and Review; Federal Reserve Did Not Object to Company's Capital Distribution Plan
BusinessWire - Wed Jun 29, 3:32PM CDT
Today the Federal Reserve disclosed the results of the 2016 Comprehensive Capital Analysis and Review ("CCAR"
. After a review of the Company's submission and final results, the Federal Reserve did not object to the Company's plan to increase its capital distributions over the next four fiscal quarters. The Federal Reserve's CCAR disclosure included its estimate of U.S. Bancorp's minimum capital ratios for the period from the first quarter of 2016 through the first quarter of 2018 under the supervisory severely adverse scenario and the supervisory adverse scenario, including the dividends and buybacks proposed by the Company under the more likely base case scenario.
USB: 40.67 (+0.37)
Stock Market News for June 27, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 9:10AM CDT
Benchmarks closed in the red on Friday after results from "Brexit" referendum showed that most voters were in favor of leaving the European Union
GS: 156.92 (+4.73), JPM: 63.20 (+0.93), USB: 40.67 (+0.37), C: 43.44 (+1.15), WFC: 48.35 (+0.27), BAC: 13.54 (+0.33)
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: 40.67 (+0.37)
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: 40.67 (+0.37)
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: 63.00 (+0.84), USB: 40.67 (+0.37)
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: 27.22 (+0.09), JPM: 63.20 (+0.93), USB: 40.67 (+0.37), WFC: 48.35 (+0.27), MS: 27.37 (+0.91)
US Bancorp Rises 1.07% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Jul 12, 3:19PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $40.53 to a high of $40.86. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $40.53 on volume of 3.0 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: 40.67 (+0.37)
Financial Sector Stock Earnings in Focus: JPM, PNC, USB
Eric Dutram - Zacks Investment Research - Tue Jul 12, 12:52PM CDT
Banks are usually at the front end of earnings season, and help set the tone for the rest of the market. However, with the terrible interest rate outlook, can the space still post good profits, and give us a positive lead-off this earnings season?
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), PNC: 82.34 (+1.28)
U.S. Bank Names Steven Bennett Columbus Market President
BusinessWire - Tue Jul 12, 12:00PM CDT
U.S. Bank has named veteran banker Steven Bennett as its Columbus market president. Bennett will lead the market in company-wide efforts and activities, and will direct commercial banking in the greater Columbus area.
USB: 40.67 (+0.37)
Will Macro Issues Hurt U.S. Bancorp (USB) Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:54AM CDT
U.S. Bancorp (USB) is scheduled to report its second-quarter 2016 results on Jul 15, before the opening bell.
RF: 8.83 (+0.26), USB: 40.67 (+0.37), FII: 30.15 (+0.80), CMA: 42.84 (+1.23)
Bank Stock Roundup: Brexit Concerns Persist; JPMorgan & Citigroup in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 3:15PM CDT
Though investors' confidence received a boost with most banks getting the 2016 capital plan approval, concerns over Brexit continued to weigh on the stocks.
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), OZRK: 40.22 (+1.01)
U.S. Bank Leads the Way in the Evolution of Real-Time, Person-to-Person Payments
BusinessWire - Wed Jul 06, 9:00AM CDT
In early 2016, U.S. Bank became the first bank to offer real-time, person-to-person payments through the security of the clearXchange network, the largest bank-offered digital payments network in the United States.
USB: 40.67 (+0.37)
Look for Shares of US Bancorp to Potentially Rebound after Yesterday's 2.12% Sell Off
Comtex SmarTrend(R) - Tue Jul 05, 2:55PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $39.07 to a high of $39.78. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $39.14 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 40.67 (+0.37)
US Bancorp Set to Possibly Rebound After Yesterday's Selloff of 2.12%
Comtex SmarTrend(R) - Tue Jul 05, 2:53PM CDT
US Bancorp (NYSE:USB) traded in a range yesterday that spanned from a low of $39.07 to a high of $39.78. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $39.14 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USB: 40.67 (+0.37)
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 8:30AM CDT
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), C: 43.44 (+1.15), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27)
Buffett Seeks Fed Approval for Increased Stake in Wells Fargo
Zacks Equity Research - Zacks Investment Research - Mon Jul 04, 8:54AM CDT
Legendary investor Warren Buffett's Berkshire Hathaway Inc. has sought permission from the Fed to increase its stake in Wells Fargo & Company (WFC) after hitting the level of 10% in March.
GS: 156.92 (+4.73), AXP: 63.00 (+0.84), USB: 40.67 (+0.37), WFC: 48.35 (+0.27)
Bank Stock Roundup: Capital Plans Get Fed's Nod; Citi & Wells Fargo in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 1:14PM CDT
Major banks witnessed a bullish trend over the last five trading sessions, driven by the Fed's approval of the banks' 2016 capital plans.
COF: 67.85 (+1.59), JPM: 63.20 (+0.93), USB: 40.67 (+0.37), C: 43.44 (+1.15), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), BK: 39.37 (+0.78)
Stress Test Results: 31 Banks Rejoice, 2 Fail to Clear
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 7:57AM CDT
Following the release of the Dodd-Frank Act supervisory stress test 2016 (DFAST 2016) results last week, the Federal Reserve approved the capital plans of 30 financial institutions out of 33 in the Comprehensive Capital Analysis and Review (CCAR).
FITB: 17.89 (+0.47), STT: 54.71 (+1.10), COF: 67.85 (+1.59), USB: 40.67 (+0.37), C: 43.44 (+1.15), MTB: 118.10 (+1.57), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), BK: 39.37 (+0.78), MS: 27.37 (+0.91)
U.S. Bancorp Receives Results of Comprehensive Capital Analysis and Review; Federal Reserve Did Not Object to Company's Capital Distribution Plan
BusinessWire - Wed Jun 29, 3:32PM CDT
Today the Federal Reserve disclosed the results of the 2016 Comprehensive Capital Analysis and Review ("CCAR"
. After a review of the Company's submission and final results, the Federal Reserve did not object to the Company's plan to increase its capital distributions over the next four fiscal quarters. The Federal Reserve's CCAR disclosure included its estimate of U.S. Bancorp's minimum capital ratios for the period from the first quarter of 2016 through the first quarter of 2018 under the supervisory severely adverse scenario and the supervisory adverse scenario, including the dividends and buybacks proposed by the Company under the more likely base case scenario. USB: 40.67 (+0.37)
Stock Market News for June 27, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 9:10AM CDT
Benchmarks closed in the red on Friday after results from "Brexit" referendum showed that most voters were in favor of leaving the European Union
GS: 156.92 (+4.73), JPM: 63.20 (+0.93), USB: 40.67 (+0.37), C: 43.44 (+1.15), WFC: 48.35 (+0.27), BAC: 13.54 (+0.33)
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: 40.67 (+0.37)
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: 40.67 (+0.37)
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: 63.00 (+0.84), USB: 40.67 (+0.37)
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: 27.22 (+0.09), JPM: 63.20 (+0.93), USB: 40.67 (+0.37), WFC: 48.35 (+0.27), MS: 27.37 (+0.91)
