PNC Financial Services Group Inc
NYSE: PNC
$186.36
-$0.84 (-0.4%)
Closing Price on September 20, 2024
PNC Articles
We are seeing a very mixed picture among the analyst calls this morning over banks and financial stocks. We are seeing some very positive “BUY” calls and we are also seeing some new “SELL”...
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Reuters: GM will accept product liability on cars it has built in the past. Reuters: Obama could consider a second stimulus if necessary. Reuters: Rising office availability in NYC is...
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The Wall Street Journal, in a bit of investigative reporting, found that the CEOs of companies that have received federal bailout funds are still having fun using their firms’ private jets. Or, in...
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Standard & Poor’s may still have at least some relevance in its debt ratings. This morning we saw a wave of downgrades at banks by the debt ratings agency on systematic-risk and...
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Finally, the stress tests are out for the US banking and financial institutions. Of the banks, 10 of 19 banks need a combined $74 billion of equity.The good news is that a few companies were given...
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Back in mid-February we discussed the latest trend of big-name companies slashing their dividends and how the trend will likely grow. Well it is growing, and fast. In this horrible market, dividends...
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According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering funds to buy...
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It seems that Uncle Sam via Treasury and via Congress is going to give the markets what they want. TARP, TALF, Bad Bank, aggregation, accounting rule exceptions, and the rest. If you were...
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According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system. Reuters reports that car sales hit a 27-year low. Reuters reports that Obama plans to set...
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24/7 Wall St. set out to look at whether financial reporting at a number of companies, particularly banks ,is “reliable”? This process took into account the chances that a firm might have to...
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According to Reuters, investors and banks are in a struggle over whether financial companies should be able to change the way they value assets under accounting rules. Reuters writes that...
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NCC (NCC) was bought today by PNC in what most people would view as a classic "takeunder" The price of the deal was well below where the shares traded yesterday. NCC’s stock is down 20% on the...
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Today is one ugly day for financial stocks, and probably one of the crummiest days so far that you could pick to announce a merger. Yet hold on to your seats. PNC Financial Services Group, Inc....
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ROBERT W.BAIRD has initiated mostly cautious coverage on Banks and Financials this morning. Most are Neutral rated, although there are a few Outperform ratings in the coverage group. Here are the...
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