Markets

Markets

U.S. Bancorp’s Second-Quarter Results Beat Views on Net Interest Income Growth

U.S. Bancorp’s Second-Quarter Results Beat Views on Net Interest Income Growth

U.S. Bancorp (USB) on Wednesday reported better-than-expected results for the second quarter, with its chief executive crediting net interest income growth that was driven by solid loan and deposit trends. The Minneapolis-based bank said its per-share earnings rose to $1.09 in the quarter ended June 30, above $1.02 for the […]

by × July 17, 2019 × 0 comments

Markets

La-Z-Boy Posts Mixed Results

La-Z-Boy Posts Mixed Results

Furniture retailer La-Z-Boy (LZB) posted mixed results for its fiscal fourth quarter, with a decline in upholstery sales partly offsetting gains in the company’s retail segment, which was buoyed by contributions from two acquisitions. The Monroe, Mich.-based company, generated sales of $453.8 million in the three months ended April 27, […]

by × June 19, 2019 × 0 comments