SHENZHEN, CHINA, July 14, 2024 (GLOBE NEWSWIRE) -- July 14, 2024 - In the rapidly evolving tech landscape, Innocn stands out with its latest 4K monitors featuring USB Type-C connectivity, redefining visual clarity and connectivity for professionals and enthusiasts alike. Imagine effortlessly connecting your monitor to various devices with a single cable, enabling seamless data transfer and laptop charging simultaneously. Innocn's integration of USB Type-C technology achieves this convenience and versatilit ...

SHENZHEN, CHINA, July 14, 2024 (GLOBE NEWSWIRE) -- July 14,2024 – With great pleasure, INNOCN announces a special Prime Day offer on its highly regarded 32-inch 4K laptop USB C monitor. Customers can take advantage of a substantial $85 discount off the standard price of the monitor from July 16 to July 17. This limited-time offer drops the monitor's original $349.97 price to just $264.99. The INNOCN 32 Inch 4K Laptop USB C Monitor is designed for versatility and high performance, tailored to meet the deman ...

Analysts on Wall Street project that U.S. Bancorp (USB) will announce quarterly earnings of $0.96 per share in its forthcoming report, representing a decline of 14.3% year over year. Revenues are projected to reach $6.81 billion, declining 4.6% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period ...

The market expects U.S. Bancorp (USB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 17, 2024, might help the stock move higher if these key numbers are bette ...

Lafayette, July 02, 2024 (GLOBE NEWSWIRE) -- Lafayette, Colorado - Encore Data Products has announced the addition of new USB-C compatible audio products to their extensive technology supplies. This new range features the Cyber Acoustics ACM-6005C Headphones, HamiltonBuhl USB-C Earbuds, and the AVID AE-36 Headphone/Headset with USB-C Plug. These products are tailored for use in schools, libraries, and businesses, meeting the rising demand for USB-C technology, which has quickly become a common interface in ...

U.S. Bancorp’s (USB) wholly-owned subsidiary, Elavon, recently launched the Elavon Cloud Payments Interface. This is an innovative Application Programming Interface (API), which is intended to simplify managing digital and in-person payment experiences for hotels and other entities related to hospitality.The new Payments Interface integrates payments seamlessly and securely for its guests and business clients. The cloud-based system allows guests to pay anywhere and anytime while ensuring that payment data ...

VANCOUVER, Wash., June 18, 2024 (GLOBE NEWSWIRE) -- Cyber Acoustics, the leading manufacturer of edtech for all classroom environments, will be showcasing its complete line of education solutions at ISTE 2024 in booth #776, including its newest USB-C offering, the AC-4014. The AC-4014 USB-C headset joins Cyber Acoustics’ extensive lineup of durable, affordable education headphones and headsets, offering a range of connectivity for both modern and legacy devices. The AC-4014 will be available in July 2024, i ...

Summary of U.S. Bancorp Conference Call Company Overview - **Company**: U.S. Bancorp (NYSE: USB) - **Participants**: Andrew Cecere (Chairman and CEO), John Stern (CFO) - **Conference Date**: June 11, 2024 Key Industry Insights - **Economic Outlook**: The economy is described as constructive and resilient, with healthy consumer spending but tepid loan growth due to business uncertainty [4][5] - **Loan Growth**: Anticipated to be modest, aligning with industry trends, particularly in commercial and industrial (C&I) sectors [32][33] Financial Performance and Guidance - **Net Interest Income**: Expected to remain stable at approximately $4 billion for Q2, with full-year guidance between $16.1 billion and $16.4 billion [5][26] - **Fee Growth**: Projected mid-single-digit growth year-over-year, driven by unique business segments such as payments and corporate trust [5][16] - **Expenses**: Full-year expenses expected to be $16.8 billion or lower, reflecting cost savings from the Union Bank integration [6][46] Strategic Priorities 1. **Revenue Growth**: Focus on leveraging unique business segments, particularly in payments and corporate trust [9][10] 2. **Operational Efficiency**: Emphasis on positive operating leverage and efficient growth following significant investments [10][49] 3. **Risk Management**: Continued focus on financial discipline and credit underwriting [10] Integration and Growth Opportunities - **Union Bank Integration**: Successfully integrated with a focus on expanding customer relationships and product offerings [7][8] - **Customer Base Expansion**: Added approximately 1 million customers through the Union Bank acquisition, with plans to deepen relationships [8][11] Regulatory Considerations - **Category II Migration**: Expected to achieve Category II status by 2027, with current infrastructure capable of handling regulatory requirements [12][14] - **Capital Accretion**: Anticipated capital generation of 20-25 basis points quarterly, with a focus on maintaining a strong CET1 ratio [15][64] Credit Quality and Charge-Offs - **Charge-Off Expectations**: Anticipated net charge-offs in the high 50s basis points for Q2, approaching 60 basis points later in the year [6][55] - **Credit Normalization**: Credit quality is normalizing towards pre-pandemic levels, with specific attention to commercial real estate and credit card portfolios [54][57] Technology and AI Investments - **Technology Spending**: Current technology expenses are stable at $2.5 billion, with a shift towards offensive investments in product capabilities [49][51] - **AI Integration**: Establishment of a Center of Excellence for AI, focusing on operational efficiencies and customer service improvements [51][52] Conclusion - **Competitive Advantage**: U.S. Bancorp's unique set of fee-oriented businesses and integrated banking capabilities are highlighted as key competitive advantages [74] - **Investor Focus**: Emphasis on driving top-line growth, positive operating leverage, and high tangible returns to enhance investor confidence [75]

U.S. Bancorp’s (USB) robust loan pipeline, investment portfolio repositioning efforts and stable deposits are likely to enhance net interest income (NII). Diverse revenue streams and rising fee income are expected to support top-line growth. However, an escalating expense base remains a concern.U.S. Bancorp has experienced strong growth in total loans and deposits in the past few years. This growth is mainly driven by efforts to strengthen relationships with existing customers, acquire new ones and increase ...

The SM770 supports up to three 4K 60Hz UHD displays and up to 144Hz display, allowing flexible connections with PC notebooks, ideally for commercial use, shared office users, and gamers.TAIPEI and MILPITAS, Calif., June 3, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing controller solutions for display interface and NAND storage, today announced the launch of the SM770 USB display interface SoC for USB docking stations to simplify conne ...