Thursday, July 19, 2012

U.S. Bank passes on overheated commercial property markets

U.S. Bank reported on Wednesday a profit of $1.42 billion for the second quarter, or 71 cents a share, beating analysts? estimates of 69 cents, according to Zack?s Research. A year ago, the bank earned $1.2 billion, or 60 cents a share.

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/eebxXImA0L8/us-bank-avoiding-certain-markets-reports-2q-earnings

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