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Enter Symbol:
 
U.s. Bancorp (USB) [hlAlert]

Rating:
In Line USB

U.s. Bancorp (USB) rated In Line by Fox Pitt

Posted on: Tuesday,  Mar 11, 2008  9:25 AM ET by Fox Pitt

US Bancorp (USB)
rated In Line by Fox Pitt.

U.S. Bancorp operates as a financial holding company and a bank holding company. U.S. Bancorp provides a range of financial services, including lending and depository services, cash management, foreign exchange, and trust and investment management services. It also engages in credit card services, merchant and Automated Teller Machine (ATM) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bancorp?s banking subsidiaries are engaged in the general banking business, principally in domestic markets. The subsidiaries provide a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. The Company operates in five segments: Wholesale Banking, Consumer Banking, Wealth Management & Securities Services, Payment Services, and Treasury and Corporate Support. On November 21, 2008, the Company acquired the banking operations of Downey Savings & Loan Association, F.A. and PFF Bank & Trust.

FPK currently has over 60 analysts globally covering over 200 bank stocks; just under 130 insurance stocks and over 90 miscellaneous financials. Regionally, the Firm‘s coverage encompasses 170 stocks in the US; 145 stocks in Europe; and 108 stocks in Asia.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2008 9:25 AM None
None
32.85
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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