California pistachio giant sued, accused of ‘gambling' with future of the family farm [Yahoo! Finance]
U.S. Bancorp (USB)
Last u.s. bancorp earnings: 4/15 06:45 am
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Source: Yahoo! Finance
U.S. Bank National Association filed a breach of contract lawsuit in federal court this week — one day after the Fresno County pistachio farmers were hit with a $700 million lawsuit from two other lenders, Prudential Insurance Company of America and PGIM Real Estate Finance. Both lawsuits are asking a federal judge to appoint a receiver to take possession of the Assemi's pistachio operation to either run it or liquidate its assets. The Assemi brothers, Farid, Farshid and Darius, could not be reached for comment Thursday. But court documents reveal how their once-thriving companies, Maricopa Orchards and Touchstone Pistachio Company, have descended into near financial ruin, despite being one of the largest growers in California with more than 50,000 acres. Pistachios, Wonderful and the Assemi family For years, the brothers sold their pistachio and almonds to the Wonderful Growers Cooperative and the Wonderful Almond Cooperative, the dominant processor in the industry. But as
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- U.S. Bancorp: Share Repurchase Plan, Dovish Fed Give Compelling Arguments To Buy [Seeking Alpha]Seeking Alpha
- U.S. Bank Hosts Celebration of Crenshaw Branch with Operation HOPE [Yahoo! Finance]Yahoo! Finance
- U.S. Bank Decreases Prime Lending Rate to 8.00 Percent [Yahoo! Finance]Yahoo! Finance
- U.S. Bank Decreases Prime Lending Rate to 8.00 PercentBusiness Wire
- $11.5 Million in Community Possible Grants Boost Local Communities [Yahoo! Finance]Yahoo! Finance
USB
Earnings
- 7/18/24 - Beat
USB
Sec Filings
- 9/20/24 - Form 424B2
- 9/20/24 - Form 8-K
- 9/19/24 - Form 424B2
- USB's page on the SEC website