U.S. Bancorp


  • UPDATE 2-Dow Chemical, Dan Loeb settle board debate Friday, 21 Nov 2014 | 1:10 PM ET

    Nov 21- Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent. The company has agreed to add to the board two Third Point nominees- former Foster Wheeler AG CEO Raymond Milchovich and Steve Miller, the non-executive chairman of AIG.

  • Nov 19- U.S. Bank, sued by the government last year for allegedly aiding a massive fraud at brokerage Peregrine Financial, must face claims for nearly $36 million in restitution to Peregrine's victims, a federal judge in Iowa ruled. U.S. Bank, part of Minneapolis- based U.S. Bancorp, was sued last year by the U.S. Commodity Futures Trading Commission for allegedly...

  • 22 trades on biggest movers Thursday, 6 Nov 2014 | 7:27 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    The "Fast Money" traders share their moves on 22 stocks.

  • Banks to launch new tool to fight hackers: Report Tuesday, 4 Nov 2014 | 6:16 AM ET

    A group of cybersecurity firms funded by big banks plan to launch a platform that will allow banks to communicate faster about cyberbreaches.

  • No sign of mistrust as U.S. clients flock to big banks Monday, 27 Oct 2014 | 11:00 PM ET

    WASHINGTON, Oct 27- The five biggest U.S. retail banks added 25 million new deposit accounts since 2010, a study showed on Monday, a sign that banks can continue to grow despite a lack of public trust after the credit crisis. U.S. Bancorp added 4.7 million new deposit accounts in the four years between March 2010 and 2014, a 40 percent rise, the study showed.

  • Earnings set to drive markets again Wednesday, 22 Oct 2014 | 5:55 AM ET
    Traders on the floor of the New York Stock Exchange.

    Earnings news will take center stage Wednesday after another day of strong stock market gains cemented the view that the worst is over.

  • Earnings set to take markets' center stage Tuesday, 21 Oct 2014 | 7:29 PM ET
    Traders on the floor of the New York Stock Exchange.

    Earnings news will take center stage Wednesday after another day of strong stock market gains cemented the view that the worst is over.

  • Oct 15- SolarCity Corp, the largest installer of residential solar panels in the United States, said it would offer up to $200 million of solar bonds and launch a new online investment site to buy the debt. SolarCity, which has made three private placements of solar bonds in the last year, said this was the first registered public offering of such bonds in the United...

  • US Bank to refund $48M for credit card rip-off Friday, 26 Sep 2014 | 5:55 AM ET

    U.S. Bank is refunding about $48 million in the latest federal settlement over improper billing for products that customers didn't receive.

  • Why Buffett is always betting big on bank stocks Thursday, 25 Sep 2014 | 9:00 AM ET
    Goldman Sachs Group CEO Lloyd Blankfein (left) and Warren Buffett, CEO of Berkshire Hathaway

    Why are financial stocks the cornerstone of Warren Buffett's empire? His love of bank stocks can be explained in two key investing concepts.

  • Why it's time to invest in bank stocks Wednesday, 24 Sep 2014 | 9:12 AM ET

    Most bank stocks have risen from their recession lows, but still have a lot of room to grow. Rising rates promise to lift the sector.

  • WASHINGTON, Sept 3- U.S. regulators on Wednesday adopted rules for banks to hold enough easy-to-sell assets to keep them afloat during a crunch, after many were caught short of cash during the 2007-09 financial crisis.

  • Eager for new customers, banks zero in on veterans Tuesday, 2 Sep 2014 | 10:35 AM ET
    Former Army Drill Sergeant Hector Mallen, left, motivates Jose Fernandez, a USAA employee, as he does push-ups during the company’s Zero Day PT, which gives employees a taste of military life, in San Antonio, March 21, 2014.

    As they struggle to find new business to bolster earnings, banks consider the nation’s 25 million veterans and service members ideal customers.

  • Buffett's Berkshire slammed with maximum penalty Wednesday, 20 Aug 2014 | 12:55 PM ET
    Berkshire Hathaway Chairman and CEO Warren Buffett pauses during an interview in New York.

    Warren Buffett's Berkshire Hathaway is paying almost $1 million to the government for failing to make disclosures required by antitrust law ... again.

  • "People are starting to increase inventory to build for a better economy and a better outlook in quarters three and four," Richard Davis, chief executive of U.S. Bancorp, said after the bank reported earnings on Wednesday. U.S. Bancorp reported a 12.4 percent rise in commercial loans by volume for the quarter.

  • Is this the new gauge of bank performance? Wednesday, 16 Jul 2014 | 3:18 PM ET
    A Bank of America branch is shown in New York's Times Square.

    For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.

  • Bank earnings show happy days are here again Wednesday, 16 Jul 2014 | 9:54 AM ET

    Bank results are on a roll, and it's picking up speed. Yet these stocks are starting to look pricey.

  • Wall Street awaits Yellen; Time Warner stock soars Wednesday, 16 Jul 2014 | 8:31 AM ET

    U.S. stock index futures pointed to a higher open on Wall Street ahead of Fed Chair Janet Yellen's second day of testimony.

  • Yellen? Here's what traders are really focused on Tuesday, 15 Jul 2014 | 6:51 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks may respond more to earnings news than the Fed Wednesday, now that Fed Chair Janet Yellen's first day of testimony is out of the way.

  • Bank profits looking gloomy, and here's why Thursday, 10 Jul 2014 | 2:27 PM ET

    For some of Wall Street's biggest names, quarterly results are expected to be weak, while the future is pockmarked with uncertainty.