On Thursday, Shares of U.S. Bancorp (NYSE:USB), gained 0.02% to $42.63.
U.S. Bank is expanding a small-business tool in order to start assisting consumers make smarter decisions about their personal finances with Score Board, an online expense-reporting tool. ScoreBoard provides trending and reporting data so customers can monitor their own credit-card spending and compare their spending to general consumer trends.
Score Board is a free application available to U.S. Bank’s cardholders who use credit, debit cards and credit lines through U.S. Bank. Available through U.S. Bank internet banking, Score Board features easy-to-read charts and graphs that provide a monthly snapshot of credit-card purchases and payments, such as travel, home improvement and gas purchases.
In addition, U.S. Bank cardholders may use Score Board to download reports as HTML, Excel or PDF files for their specific financial needs.
“ScoreBoard is unique because it gives our customers the ability to monitor their own spending and gain insight into how their spending trends compare to previous years,” said Cliff Cook, U.S. Bank Payment Services, senior vice president. “For our customers who have U.S. Bank credit and debit cards, this has the potential to assist consumers make the most of their financial decisions and plan for a more secure future.”
U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.
Shares of Quanta Services Inc (NYSE:PWR), inclined 3.91% to $20.73, during its last trading session.
Quanta Services, Inc. (PWR) declared results for the three and nine months ended September 30, 2015. Revenues in the third quarter of 2015 were $1.94 billion contrast to revenues of $2.15 billion in the third quarter of 2014. Net income from ongoing operations attributable to common stock was $43.2 million, or $0.23 per diluted share, in the third quarter of 2015 contrast to $87.9 million, or $0.40 per diluted share, in the third quarter of 2014. Comprised within net income from ongoing operations attributable to common stock for the three months ended September 30, 2015 are charges of $2.2 million, or $0.01 per diluted share, associated with acquisition-related items. Adjusted diluted earnings per share from ongoing operations attributable to common stock (a non-GAAP measure) was $0.30 for the third quarter of 2015 contrast to $0.58 for the third quarter of 2014. The third quarter of 2014 reflects a net $0.13 reduction in diluted earnings per share for certain charges more fully described in the footnotes to the accompanying supplemental data and reconciliation of non-GAAP financial measures. On August 4, 2015, Quanta accomplished the formerly declared sale of all of its fiber optic licensing operations.
“While our results for the third quarter and the first nine months of this year have been below our expectations, the underlying drivers of our business remain intact and we are confident in opportunities for profitable growth over the next several years,” said Jim O’Neil, president and chief executive officer of Quanta Services. “Evidencing our positive multi-year outlook and confidence in our business, we have purchased nearly $1.5 billion of our common stock this year alone. Backlog in our oil and gas segment, driven by new mainline pipe awards, supports our expectations for improved financial performance in 2016.”
Revenues for the first nine months of 2015 were $5.67 billion contrast to revenues of $5.72 billion in the first nine months of 2014. Net income from ongoing operations attributable to common stock was $122.9 million, or $0.59 per diluted share, in the first nine months of 2015 contrast to $208.8 million, or $0.95 per diluted share, in the first nine months of 2014. Adjusted diluted earnings per share from ongoing operations attributable to common stock (a non-GAAP measure) was $0.81 per diluted share for the first nine months of 2015 contrast to $1.37 per diluted share for the first nine months of 2014.
Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities.
Finally, Shares of AVG Technologies NV (NYSE:AVG), ended its last trade with -15.86% loss, and closed at $20.26.
AVG Technologies, declared that it is initiating a Chief Financial Officer transition. During this period, John Little will remain CFO and maintain all of his existing duties until a successor is named and the transition is complete.
Gary Kovacs, AVG’s chief executive officer, said, “For the past eight years, John has led AVG’s finance function during a period of rapid growth and expansion, counting a successful initial public offering in 2012. On behalf of the entire company and all of our stakeholders, I thank him for his years of service and his many contributions, in addition to for his assist in ensuring a smooth transition.”
The company will engage an executive recruiting firm to assist identify a successor who will continue to scale, grow, and develop our financial systems, capital administration, and planned planning commensurate with AVG’s growth.
AVG Technologies N.V., an online security company, develops and sells online service solutions and Internet security software under the AVG brand name. It offers software and online services, such as security, PC optimization, online privacy, cloud-based desktop administration, mobile security, content filtering, remote monitoring, and other products on various desktop and mobile operating systems.