US Bancorp second-quarter profit falls 18 percent (The Washington Times)
Story date: 2008-07-15 10:38:05
Added on: 2008-07-15 11:05:59
U.S. Bancorp said Tuesday its second-quarter earnings fell 18 percent as it more than tripled its provision for credit losses. The bank missed analysts' earnings expectations, but its stock price rose more than 1 percent.
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