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U.S. Bancorp

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  • Financial Sector Faces More Housing Woes: Goldman Tuesday, 20 Nov 2007 | 9:51 AM ET
    A foreclosed home for sale.

    Goldman Sachs issued a gloomy report on the financial services sector, saying housing prices are likely to fall further and write-downs will mount.

  • Berkshire Hathaway's nearly 14 million shares of Carmax are worth substantially more at today's closing bell than they were 24 hours before. The big rally follows the revelation in an SEC filing by Warren Buffett's holding company that it held 13,981,800 shares of the nation's biggest used-car retailer as of September 30, the end of Berkshire's third quarter.

  • US Bancorp Will Restate Third-Quarter Results Wednesday, 14 Nov 2007 | 9:26 AM ET

    U.S. Bancorp, the sixth-largest U.S. bank, Wednesday said it will restate third-quarter results to reflect a $115 million charge for its share of Visa $2.1 billion antitrust settlement with American Express.

  • Stocks End Lower on Bernanke's Warning on Economy Tuesday, 16 Oct 2007 | 4:20 PM ET

    Stocks fell after Fed Chairman Ben Bernanke said the housing slump is likely act as a drag on to U.S. economic growth, sparking investor concerns. "It was just last month Bernanke was saying things were contained, but now he's saying housing troubles can spread," said Brian Hicks, president of Wealth Daily. "This-flip flop in the last month has really spooked the markets."

  • Stop Trading!: Fluor Power Tuesday, 16 Oct 2007 | 3:32 PM ET

    Cramer said this stock was the best way to play infrastructure growth in the Middle East.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • US Bancorp Profit Falls; Sees 'Tough' Mortgage Market Tuesday, 16 Oct 2007 | 12:48 PM ET

    U.S. Bancorp, the sixth-largest U.S. bank, on Tuesday said third-quarter profit fell 2 percent, hurt by stress in the mortgage banking and home-building industries and increased expenses.

  • Bernanke Speech Dominates Street Talk Tuesday, 16 Oct 2007 | 8:57 AM ET

    My thoughts this Tuesday morning: 1) Ben Bernanke's speech widely discussed on the Street this morning. Traders wondering why he didn't talk about energy and food prices; further evidence that core inflation is what matters to the Fed.

  • Week Ahead: Earnings Tell Two Tales Friday, 12 Oct 2007 | 9:23 PM ET

    By the end of the coming week, the corporate earnings picture will be clear and it may not necessarily be one the stock market likes.

  • Your Neighborhood Bank Trade Friday, 12 Oct 2007 | 7:34 PM ET

    Now that the Federal Reserve has lowered the cost of borrowing, will regional banks such as U.S. Bancorp (USB) and PNC Bank (PNC) report an earnings boost thanks to the steeper yield curve?

  • Sell Block: Trading the Rate Cut Thursday, 20 Sep 2007 | 9:32 PM ET

    Every investor must keep his strategy in step with the Fed. Here's how to play the banks after Tuesday's unexpected decision.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Beazer Homes Receives Notice of Default Friday, 7 Sep 2007 | 12:30 PM ET

    U.S. home builder Beazer Homes USA said Friday it received "purported" default notices related to some senior notes from the bank that serves as trustee for the notes, sending shares down as much as 15 percent.

  • It's Time for the Lightning Round! Monday, 27 Aug 2007 | 7:31 PM ET

    American Standard, Dell, Southern Copper and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Investors in $5 billion of commercial paper, or short-term debt, from KKR Financial Holdings have hired a bankruptcy lawyer to advise them on a request to delay repayment, the Wall Street Journal reports.

  • Warren Buffet

    Warren Buffett's Berkshire Hathaway has just revealed its portfolio holdings for the second quarter.  New additions:  Bank of America and Dow Jones, plus increased stakes in some healthcare names.

  • CNBC's Becky Quick spoke by telephone with Warren Buffett this morning.  Mr. Buffett tells Becky that all the speculation (specifically today's Wall Street Journal piece) about what he might be buying in these times of turmoil is just that, speculation.  PLUS: A video clip of the Motley Fool's Bill Mann on all that speculation and an interview with Buffett-watcher Andrew Kilpatrick.

  • It's Time for the Lightning Round! Friday, 17 Aug 2007 | 7:34 PM ET

    Honeywell, Goodyear, Cummins, US Bancorp and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Bob Pisani on the floor of the NYSE.

    There is a belief developing that the elimination of the up-tick rule, has been a major factor in the market's recent volatility. The up-tick rule prevented traders from shorting a stock on a downtick; they instead had to wait for an uptick or a zero plus tick (any trade at the same price as the previous up-tick trade). This rule was eliminated on July 6th.

  • Financial stocks staged a mild recovery on Monday, but the rebound didn't encourage options speculators to make bullish bets on the sector.

  • BNP, Commerzbank, among HomeBanc Creditors Sunday, 12 Aug 2007 | 10:25 AM ET

    Leading European banks BNP Paribas, Deutsche Bank and Commerzbank are among the creditors of HomeBanc, the U.S. mortgage group which filed for Chapter 11 bankruptcy protection.

  • While most long-term investors should stay on the sidelines during the current market turmoil, analysts say there are opportunities to find some bargains amid the carnage."Fear creates opportunity," Michael Embler, chief investment officer at Franklin Templeton Investments, told CNBC.com. "If you are a long-term investor, you should be turning off your screen.  But if you want to buy stock, this is an opportunity."