|Bid||53.190 x 1800|
|Ask||53.200 x 800|
|Day's Range||52.580 - 53.210|
|52 Week Range||48.490 - 58.500|
|PE Ratio (TTM)||13.87|
|Earnings Date||Oct 17, 2018|
|Forward Dividend & Yield||1.20 (2.24%)|
|1y Target Est||57.15|
New public disclosures detail the median employee compensation figures for many of Minnesota's largest public companies.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a neutral indicator.
According to The Wall Street Journal, Facebook Inc. ( FB) is seeking to acquire financial data on its users. The social media company has reportedly asked U.S. banks to share financial information about their customers, including checking-account balances and card transactions. The information would be used to offer new services to Facebook account holders.
Despite the current environment over concerns about privacy issues, Facebook is reportedly asking big U.S. banks to share detailed information about their customers' financial information.
Facebook Inc. (fb) has asked big U.S. banks to share financial information on their customers that includes checking account balances and card transactions, as it seeks to expand its own service offer and stem slowing growth, The Wall Street Journal reported on Monday. Citing people familiar with the matter, the paper said Facebook is aiming to become a platform where people buy and sell goods and services, and has asked JPMorgan Chase & Co. (jpm) Wells Fargo & Co. (wfc) Citigroup Inc. (c) and U.S. Bancorp (usb) to discuss ways it could serve bank customers on Facebook Messenger.
In the United States, cannabis legalization has moved at an incremental pace, with individual states adopting different approaches to marijuana for either medical or recreational purposes, or both. While advocates continue to push for nationwide legalization, even the piecemeal road to legal cannabis that has already developed has generated a sizable new industry. For many investors, the idea of a regulated, legal marijuana industry suggests ample new opportunities for investment and growth.
The U.S. Bank Freight Payment Index™ rose in the second quarter, tracking a strong U.S. economy and marking the fourth consecutive gain since the first Index was published in July 2017. The National Shipment Index increased 1.2 percent from the first quarter and 7.8 percent year-over-year to a record high, showing that the level of freight transportation continues to be strong. “The continued rise in the National Spend Index reflects a tight truck market – perhaps the tightest ever in the post-deregulation era,” said Bob Costello, chief economist for American Trucking Associations.
Helen Langer Smith grew up hearing her parents talk about the family bank over dinner. After Langer Smith’s father died in 1952, her mother was elected president of the Port Orchard-based bank, becoming the first woman bank president west of the Mississippi River. Langer Smith, who was already working in the banking industry, was appointed to the board of directors.
Facebook (NASDAQ:FB) plunged 19% in response to an alarming slowdown in growth, while Advanced Micro Devices (NASDAQ:AMD) rallied 14% (and continued to edge higher in after-hours trading) after the tech company swung to an impressive second quarter profit. The S&P 500 ended the day down to the tune of 0.3%, while the tech-heavy Nasdaq lost 1% of its value. To that end, U.S. Bancorp (NYSE:USB), DowDuPont (NYSE:DWDP) and Mcdonalds (NYSE:MCD) are shaping up as the better bets, not so much because they’re explosive, but because they’re working on better-founded moves.
U.S. Bank Wealth Management has named John Zimmerman as president of Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra high net worth clients. Zimmerman has served as Ascent regional managing director for the Denver region since 2016.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting USB. Over the last one-month, outflows of investor capital in ETFs holding USB totaled $1.59 billion.
U.S. Bancorp this week was the latest to say it will build a nationally available checking-account product as lenders introduce mobile offerings that let consumers do their full banking without a branch. The move follows similar announcements by some of the country’s largest banks including JPMorgan Chase & Co., Citigroup Inc. and PNC Financial Services Group Inc. “All banks are in a push to monetize their digital capabilities,” said Bryce VanDiver, a consultant to financial institutions with CapCo.
Investor sentiment upbeat on banks' Q2 earnings, with the major players displaying top-line strength on the back of higher rates and improved trading.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said Biogen Inc (NASDAQ: BIIB ) could double if it meets its endpoints and it could lose 40 percent if it doesn't meet them. The company failed ...
Jim Cramer shares his take on callers' favorite stocks, including an investment management play that's on an unusual downtrend.
This summer, U.S. Bank and its 74,000 employees are making work and play possible for one million people by helping young people learn how to start their own businesses, refurbishing play spaces and providing $6 million in Play grants to nonprofit organizations across the country (Work grants to be announced this fall). It’s part of U.S. Bank’s corporate social responsibility work focused on economic development, which comes to life through Community Possible, the company’s giving and engagement platform that closes the gap between people and possibility in the areas of Work, Home and Play. “We are committed to investing in tomorrow’s workforce and teaching our youngest entrepreneurs how to start their own business,” said Reba Dominski, chief social responsibility officer at U.S. Bank.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding USB totaled $179 million.
This Thursday, WallStEquities.com has initiated reports coverage on the following Financial equities: Commerce Bancshares Inc. (NASDAQ: CBSH), Fifth Third Bancorp (NASDAQ: FITB), U.S. Bancorp (NYSE: USB), and First Commonwealth Financial Corp. (NYSE: FCF). All you have to do is sign up today for this free limited time offer by clicking the link below.
Morgan Stanley (MS) is trading higher today, after reporting second-quarter earnings. The bank earned $1.30 a share on revenue of $10.61 billion, while analysts were looking for EPS of $1.10 on revenue of $10.05 billion. It wasn't the only bank out with earnings this morning: U.S. Bancorp (USB) said it earned $1.02 a share in the second quarter, two cents ahead of expectations, on revenue of $5.64 billion, which matched consensus estimates. Keefe, Bruyette & Woods' Brian Kleinhanzl reiterated an Outperform rating on Morgan Stanley today and a $59 price target.
Morgan Stanley, U.S. Bank and Abbott all beat expectations, but new Housing Starts and Permits numbers were far below expectations.