Investing.com – U.S. Bancorp (NYSE: USB) reported fourth quarter EPS of $1.07, $0.02 better than the analyst estimate of $1.05. Revenue for the quarter came in at $7.01B versus the consensus estimate of $6.98B. U.S. Bancorp’s stock price closed at $50.90.

Investing.com – Bank of America (NYSE: BAC) reported fourth quarter EPS of $0.82, $0.05 better than the analyst estimate of $0.77. Revenue for the quarter came in at $25.3B versus the consensus estimate of $25.1B. Bank of America’s stock price closed

By Summer Zhen HONG KONG (Reuters) – Steven Cohen’s Point72 Asset Management’s new artificial intelligence (AI)-focused fund posted a 14% gain after launching just three months ago, growing the fund to nearly $1.5 billion, according to sources familiar with the matter. Point72

(Reuters) – Bank of America reported higher profit on Thursday as its investment bankers capitalized on resurgence in dealmaking in the fourth quarter. The second-largest U.S. lender’s net income rose to $6.7 billion, or 82 cents per share, it said on

By Suzanne McGee (Reuters) – Capital Group on Thursday launched its first exchange-traded fund designed to track small and mid-cap U.S. stocks, a segment of the ETF market where new fund launches remain relatively rare. Of the more than $10 trillion in