ADVFN - Advanced Financial Network.
HOME» NYSE » U » USB Stock Price » USB Stock News

Us Bancorp Share News

 U.s. Bancorp (de) Stock Price
USB Stock Price
 U.s. Bancorp (de) Stock Chart
USB Stock Chart
 U.s. Bancorp (de) Stock News
USB Stock News
 U.s. Bancorp (de) Company Information
USB Company Information
 U.s. Bancorp (de) Stock Trades
USB Stock Trades

ABB, US Bancorp Propel Corporate Bond Issuance To Five-Week High

By Patrick McGee Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Two issuers placed jumbo deals in the high-grade corporate bond market Thursday, but new volume otherwise slowed down as participants digested a flurry of issuance from earlier in the week. The financing arm of power and technology company ABB Ltd. (ABBN.VX) sold $2.5 billion in a three-part debt deal, while U.S. Bancorp. (USB) priced $1.25 billion in a single tranche of five-year debt. The deals follow the fifth-busiest session for new issuance this year. Six large borrowers tapped the market Wednesday, pricing more than $12 billion of debt. With today's new deals, new issuance for the week is around $21 billion, according to Dealogic, making it the busiest week since late March. April volume was subdued given renewed market volatility coupled with earnings-related "blackout" periods preventing companies from selling bonds. Investors who have been building up cash have been rewarding recent-issues with favorable pricing. ABB priced its five-, 10-, and 30-year bonds at 95 basis points, 120 basis points, and 145 basis points respectively over comparable Treasurys. The respective yields were 1.772%, 3.129%, and 4.568%. The U.S. Bancorp deal was sold at a yield of 1.689%, or 87.5 basis points over Treasurys. Among smaller deals, Korea Western Power Co. sold a $500 million five-year bond at a yield of 235 basis points over comparable Treasurys, or 3.169%. The deal was at least five times oversubscribed. Meanwhile, bonds weakened in the secondary market ahead of April's nonfarm payrolls report, due Friday at 8:30am EST. The CDX North America Investment-Grade Index, a barometer of sentiment in the corporate bond market, deteriorated 1.9% in late trading. -By Patrick McGee, Dow Jones Newswires; 212-416-2382; patrick.mcgee@dowjones.com

Stock News for Us Bancorp (USB)
DateTimeHeadline
12/02/201614:56:00U.S. Bancorp to Speak at the Goldman Sachs US Financial Services...
12/02/201609:07:00U.S. Bank Named a Best Brand for Business
11/30/201616:00:00U.S. Bancorp to Release Fourth Quarter Earnings Results and Host...
11/29/201617:04:00U.S. Bancorp to Speak at the Goldman Sachs US Financial Services...
11/18/201609:00:00Elavon, System Innovators Team Up to Protect Government Payment...
11/17/201616:17:47Statement of Changes in Beneficial Ownership (4)
11/17/201616:17:22Statement of Changes in Beneficial Ownership (4)
11/16/201616:36:58Statement of Changes in Beneficial Ownership (4)
11/15/201616:29:14Statement of Changes in Beneficial Ownership (4)
11/14/201617:11:14Statement of Changes in Beneficial Ownership (4)
11/14/201617:06:46Statement of Changes in Beneficial Ownership (4)
11/10/201605:00:00U.S. Bank AP Optimizer Named 2016 New Product of the Year for...
11/09/201616:19:03Statement of Changes in Beneficial Ownership (4)
11/09/201616:00:00U.S. Bancorp to Speak at the Bank of America Merrill Lynch Future...
11/04/201616:18:22Statement of Changes in Beneficial Ownership (4)
11/04/201613:07:56Quarterly Report (10-q)
11/04/201611:39:06Form 13f Holdings Report (13f-hr)
11/04/201607:47:17Current Report Filing (8-k)
11/01/201616:35:54Statement of Changes in Beneficial Ownership (4)
11/01/201616:33:19Statement of Changes in Beneficial Ownership (4)

Us Bancorp and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US