4 Financial Stock Stories Getting Noticed on Thursday

Lloyds Banking Group (NYSE:LYG): Current price $4.50

Lloyds reported Thursday that second quarter profit has more than doubled, as the bank gets closer to privatization. Lloyds said that profit climbed to £1.4 billion, or $2.1 billion, from £547 million year-over-year, while revenue increased slightly to £4.8 billion. The iconic bank has been ridding itself of assets and shrinking its balance sheet, as it endeavors to increase profitability prior to the beginning of the government’s potential divestiture of its stake in the company.

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The Royal Bank of Scotland Group (NYSE:RBS): Current price $10.15

According to The Wall Street Journal, citing inside sources, RBS hopes to name Ross McEwan as its new CEO to replace outgoing Chief Executive Stephen Hester, who said in June that he is stepping down by the end of 2013.

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U.S. Bancorp (NYSE:USB): Current price $37.70

U.S. Bank is providing over $17.7 million in financing to help Yarco Companies and Catholic Charities of Kansas City – St. Joseph build the first phase of St. Michael’s Veterans Center. Created as a comprehensive housing and support services campus for military veterans having special needs, the first phase of development will bring 58 one-bedroom affordable housing units to Kansas City by May of next year.

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Aetna Inc. (NYSE:AET): Current price $63.74

On Thursday, Aetna announced five accountable care accords in Maine. The deals set up payment for medical services at major health systems in the state with improved quality, efficiency, and patient experiences. The accountable care arrangements are with Martin’s Point Health Care of Portland, Mercy Health System of Portland, InterMed, P.A. of Portland, MaineHealth of Portland, and MaineGeneral Health of Augusta. It is expected that these agreements should help improve the quality of care for Aetna members in Maine, facilitate the healthcare experience for members, and reduce overall healthcare costs.

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