U.S. BANCORP

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Apple-mania spreads, Piper Jaffray sees $1,000 stock

Apple Inc shares set a record high on Tuesday after Piper Jaffray supported Topeka Capital Market's assertion that the stock should breach $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set.
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Justice Dept. Inviting More Banks to Join Mortgage Settlement

As the U.S. government nears a deal with top banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging settlement, according to a person familiar with the matter.
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Minnesota Vikings Stadium Funding Plan Up in Air

The Minnesota Vikings and state officials were scrambling to find funding for a proposed $1.1 billion stadium after state lawmakers rejected plans to increase a local sales tax without a public referendum.
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Major Banks Reconsider Debit Card Fees

Bank of America will keep the $5-a-month fee for debit card use that's scheduled to start early next year, while other banks, like J.P. Morgan Chase and Wells Fargo, announced Friday that they are shying away from the fees.
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Nara Bancorp to raise $55 mln in stock offering

Nara Bancorp Inc , which posted a better-than-expected third-quarter profit, said it had commenced an underwritten public offering of about $55 million of its common stock, nearly a fifth of its current market value.
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Q3 Bank Earnings Recap

With the majority of the banking industry by assets having reported third quarter results, FBR Capital Markets believes that some of the dire scenarios discussed may have hit bank valuations harder than underlying fundamentals indicate.
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Evergreen Solar files for bankruptcy

U.S. solar company Evergreen Solar Inc filed for bankruptcy on Monday, its once cutting-edge technology falling victim to competition from cheaper Chinese rivals and to solar subsidy cuts in Europe.
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Pre-Market Earnings on Jan. 19

The companies that reported earnings before the markets open on Wednesday are: Goldman Sachs, Wells Fargo, U.S. Bancorp, State Street, Northern Trust, Bank of New York Mellon and Hudson City Bancorp.

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