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PR News Wire (Free subscription) | 11/18/2009
PHILADELPHIA, Nov. 18 /PRNewswire-FirstCall/ -- The recession has left a large number of America's wealthy cautious about re-investing in the stock market and skeptical about a strong economic recovery, according to a survey by PNC Wealth Management, a member of The PNC Financial Services Group, Inc. (NYSE: PNC).
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BloggingStocks (Free subscription) | 11/01/2009
Filed under: Options , Stocks to Buy The Pittsburgh Pirates may not be putting much on the field these days, but Pittsburgh-based PNC Financial Services Inc. (NYSE: PNC ) has jockeyed itself into a lead position in the financial recovery. Since hitting its lows in March, at just below $20, PNC is up around 150% at its current price of near $50. I think that the stock will continue to lead the financials...
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PR News Wire (Free subscription) | 10/28/2009
PITTSBURGH, Oct. 28 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Senior Vice Chairman William S. Demchak will discuss business performance and strategy at the BancAnalysts Association of Boston Financial Services Conference at 10:45 a.m. (ET) on Friday, November 6.
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SeekingAlpha.com (Free subscription) | 10/22/2009
PNC Financial Services Group ( PNC ) Q3 2009 Earnings Call October 22, 2009; 8:30 am ET Complete Story »
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The Street (Free subscription) | 10/22/2009
PNC Financial Services came in well ahead of analyst expectations for the third quarter, lifted by higher revenue, lower costs, and the benefits of its deal for National City.
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Market Watch (Free subscription) | 10/22/2009
LONDON (MarketWatch) -- PNC Financial Services Group said that its third-quarter net profit jumped to $467 million, or $1.00 a share, from $248 million, or 70 cents a share, a year ago. Analysts had been expecting earnings of 31 cents a share according to data compiled by FactSet. Total revenue was $4.0 billion, up from $1.7 billion last year. Total assets were $271 billion at Sep. 30, down from $280...
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PR News Wire (Free subscription) | 10/22/2009
PITTSBURGH, Oct. 22 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $559 million, or $1.00 per diluted common share, for the third quarter of 2009 compared with net income of $207 million, or $.14 per diluted common share, for the second quarter of 2009. For the first nine months of 2009, the company earned net income of $1.30 billion, or $2.17...
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BloggingStocks (Free subscription) | 10/18/2009
Filed under: Earnings reports , Forecasts , Apple Inc (AAPL) , Chipotle Mexican Grill'A' (CMG) , Gilead Sciences (GILD) , Travelers Companies Inc. (TRV) Last week, Goldman Sachs Group Inc. (NYSE: GS ) and JPMorgan Chase & Co. (NYSE: JPM ) reported stellar quarterly results . Lots more third quarter reports from the big banks are due this week. However, analysts surveyed by Thomson Reuters anticipate...
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Market Watch (Free subscription) | 10/08/2009
NEW YORK (MarketWatch) -- Wells Fargo & Co. (WFC), PNC Financial Services Group Inc. (PNC) and several other large regional banks face bigger credit strains than their stock prices would suggest, UBS AG (UBS) said Thursday as it started coverage of ten large regional banks with "sell" or "neutral" ratings.
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PR News Wire (Free subscription) | 10/02/2009
PITTSBURGH, Oct. 2 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the third quarter on Thursday, October 22, 2009. PNC Chairman and Chief Executive Officer James E. Rohr and Executive Vice President and Chief Financial Officer Richard J. Johnson will hold a conference call for investors the same day at 8:30...
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SeekingAlpha.com (Free subscription) | 07/27/2009
Reggie Middleton submits: It looks as if a BoomBustBlogger subscriber has made it into the news with a large option trade - STOCKS NEWS US-Bears flock to PNC Financial put options PNC Financial Services fell 4.33 percent to $35.79. It reported a steep drop in quarterly earnings, hurt by credit losses and in its options, bears clawed at puts in the November contract, said Andrew Wilkinson, market analyst...
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Market Watch (Free subscription) | 07/23/2009
NEW YORK (MarketWatch) -- PNC Financial Services Group Inc. said Thursday that its second-quarter net income fell to $207 million, or 14 cents a share, from $517 million, or $1.45 a share, in the year-earlier period. The Pittsburgh-based bank said that the latest results include a special FDIC assessment of 19 cents a share and integration costs of 20 cents a share. On average, analysts polled by...
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PR News Wire (Free subscription) | 06/08/2009
"With the acquisition of National City Corp., our company has doubled in size at a time of great challenge in the financial services industry," said Karen Larrimer, PNC's chief marketing officer. "We are confident Deutsch has the experience and capabilities to be a strong, strategic partner as we seek new and innovative ways to serve our customers, prospects, and communities through...
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