Topic: U.S. Bancorp
BANK EARNS
AP News
Mortgage pain persists for BofA, Wells, U.S. Bancorp
Reuters US Online Report Business News
CHARLOTTE/NEW YORK (Reuters) - In a sign that the U.S. banking sector's problems are far from over, lenders including Bank of America Corp <BAC.N> reported falling bond trading revenue and mortgage lending weakness in the fourth quarter. Stock investors shrugged off some of the problems ...
US Bancorp profit rises, but so do charge-offs
AP News
US Bancorp 4Q profit beats expectations; write-offs for bad loans rise, but at slower paceU.S. Bancorp said on Wednesday that its fourth-quarter profit more than doubled from a year ago, as mortgage banking revenue grew. The bank also benefited from growth in traditional deposits, giving it a cheap source ...
Churchill Downs increases borrowing capacity
AP News
Churchill Downs increases borrowing ability from $120 million to $275 millionChurchill Downs Inc. said Tuesday it has amended its revolving credit facility to increase its borrowing capacity to $275 million from $120 million. The race track operator said it will use the new funds for working capital, acquisitions, general corporate ...
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