Tuesday, July 17, 2007

UPDATE 1-U.S. Bancorp 2nd-quarter profit falls 4 percent

(Reuters) - Net income for the Minneapolis-based company fell to $1.16
billion, or 65 cents per share, from $1.2 billion, or 66 cents,
a year earlier. Revenue rose 1.5 percent to $3.51 billion.




Analysts on average forecast a profit of 67 cents per share
on revenue of $3.48 billion, according to Reuters Estimates.


Read more at Reuters.com Bonds News

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