| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "PNC"Banking stress tests previewThe information void over stress test results is creating speculation. Hiring: PNC seeks wealth advisersPNC Financial Services Group Inc.'s (NYSE:PNC) wealth management business is apparently looking for a few good advisers. Bank Watch: BofA drops below $5 againThe Dow rose 45.40 points to 7,598.00, the S&P 500 gained 4.17 points to 793.34, and the Nasdaq picked up 11.75 points to 1,482.41. Bank stocks were mixed. Bank Watch: Morgan Stanley to lay off 2,000Financial stocks were mixed Monday as the Obama administration hinted that it may unveil new measures to aid financial services and executive compensations this week or next. Bank Watch: Financials fall on Morgan Stanley lossesFinancial stocks slid Wednesday morning after Morgan Stanley announced worse-than-expected fourth-quarter results. The Dow sunk 94.06 points to 8,830.08, the S&P 500 slid 8.99 points to 904.19, and the Nasdaq fell 16.20 points to 1,573.69.... National City takeover gets Fed OKThe Federal Reserve Board Monday approved PNC Financial Services Group Inc.'s $5.58 billion acquisition of National City Corp.... PNC must sell Nat City branchesPNC Financial Services Group Inc. must sell 61 branches of National City Corp. in western Pennsylvania as a condition for acquiring the Cleveland-based bank, The Associated Press reports. National City's nearly 30,000 employees, from top managers to bank tellers, were being informed during the afternoon that the Department of Justice would announce the order late Thursday. PNC chairman James Rohr said divestitures in western Pennsylvania would be necessary when the $5.6 billion deal was announced Oct. 24. - Bill McConnell ... Bank Watch: Stocks slide, and Citigroup cancels ChristmasStocks dropped Tuesday as investors grew anxious over a decision on a bailout of the auto industry and further layoff announcements. The Dow fell 242.85 points to 8,691.33, the S&P 500 dropped 21.03 points to 888.67, and the Nasdaq slipped 24.40 points to 1,547.34. Financial stocks slipped.... Bank Watch: Stocks rally, and financials gainFinancial stocks were mostly in the green after a late day rally. The Dow increased 259.18 points to 8,635.42, the S&P 500 advanced 30.85 points to 876.07, and the Nasdaq shot up 63.75 points to 1,509.31.... Bank Watch: Goldman and PNC sinkBanks ended Tuesday mostly in the positive as the markets rallied. The Dow ended up 270.00 at 8,419.09, the S&P 500 climbed 32.60 points to 848.81, and the Nasdaq grabbed 51.73 points, ending the day at 1,449.80.... Bank Watch: Banks lead stocks up with FDIC and government plansStocks inched up Tuesday thanks to a jump-start in lending through the government's $800 billion consumer and mortgage lending plan. The Dow climbed 36.08 points to 8,479.47, the S&P 500 was up 5.58 points at 857.39, and the Nasdaq slid 7.29 points to 1,464.73. Though tech stocks were lagging, financial stocks rode high on the government's announcement. ... Bank Watch: Stocks on the rise, but a mixed bag for banksFor the first time since the election, stocks rose. The Dow climbed 58.86 points to 8,754.65, the S&P 500 increased 3.51 to 908.39, and the Nasdaq rose 9.75 points to 1,618.45. Stocks rose even though a report came out that U.S. employers cut 240,000 jobs in October. Banks' stocks were mixed, but were mostly in the green Friday morning.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "PNC." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
