Dow Jones

DES MOINES - Recurrent rumors that U.S. Bancorp may be an acquisition target apparently fueled a run-up last week in the regional bank holding company's shares.

The stock fell $1.25 to $24.125 in a market downdraft Friday, but had gained 20.3% in the seven previous trading days. Dutch banking giant ABN Amro Holding and Firstar Corp. of Milwaukee were mentioned as potential buyers. U.S. Bancorp and Firstar declined to comment and Amro could not be reached.

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