US Bancorp

US stocks show moderate advance after sell-off

Wall Street took a break from two days of steep selling to show a moderate advance Friday as energy, technology and financial stocks mostly rose. Some bargain-hunting after the market's rout this week helped lift stocks in...

There's a Riot in the Citi (at Motley Fool)

"When the music stops, in terms of liquidity, things will be complicated. Former Citigroup CEO Charles Prince, July 2007 Well, he got that one right: Things are … uh … definitely complicated for Citigroup (NYSE: C) these days....

Layoffs, Once a Boon to Stock Prices, Now a Burden (CNBC)

Friday November 21, 1:53 pm ET Back when things made sense in the stock market, a company announcing layoffs would be greeted as a positive sign that it was getting its act together and shoring up its bottom line. "Anytime...

Pros Say: Market Will Drop 5-10% - Ford Will Boom (at CNBC)

It's a risky world out there. Pros Say: Market Will Drop 5-10% — Ford Will Boom Chaos reigns Friday: Lame-duck White House and Congress are unable to reach a decision on how to solve the financial crisis. Another 10% Down, Then...

Citigroup Board To Meet Today To Weigh Options For Embattled U.S. Banking Giant

By William Patalon III Executive Editor Money Morning/The Money Map Report The board of directors of Citigroup Inc. (C) will meet today to look at beleaguered banking giant’s... Money Morning is here to help investors profit...

FAF Advisors, Inc., Declares December Distributions for Closed-End Funds

FAF Advisors today declares December distributions for the following funds. The distributions will be allocated on a per-share basis on the common stock. The distributions have a December 1, 2008, ex-dividend date and will be...

Citigroup Breakup Speculation Sends Credit Default Risk Soaring

I have been saying for over a year that Citigroup would not survive in one piece. That option is looking increasingly likely as the Citigroup Board Weigh Options . Citigroup Inc.'s board meets today to discuss the bank's...

SunRun Announces Financing and Welcomes Solar Industry Veteran David Buzby to Our Board of Directors

We at SunRun are very happy to announce that we have received an initial tax equity commitment from an affiliate of U.S. Bancorp (NYSE: USB) as part of the financing for up to 2,000 residential solar facilities. We’re pleased...

Citi to use scalpel not axe in trimming Asia units

HONG KONG/SINGAPORE (Reuters) - Citigroup is scrambling to slash costs in the face of collapsing investor confidence, but the embattled bank is unlikely to retreat from Asia, its strongest performing region.

Market's bottom elusive

NEW YORK – As the stock market tumbled to its lowest level in nearly six years yesterday, Wall Street traders and many ordinary Americans were asking the same question: Where, oh, where is the bottom?