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Big Bank Roundup: These Stocks Kick Off Earnings Season With A Mixed Bag Of Results
Friday, October 14, 2022 - 2:59pm | 559Big U.S. bank stocks kicked off third-quarter earnings season on Friday with a mixed bag of numbers on a difficult day for the market. Here's an overview of the highlights for JPMorgan Chase & Co (NYSE: JPM), Citigroup Inc. (NYSE: C), US Bancorp (NYSE: USB), Morgan Stanley (NYSE: MS),...
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Wells Fargo Morning Summary (BLC, CAG, KEY, STI, ACN, GIB, ORCL, FITB, PNC, RIMM, PAYX)
Friday, March 25, 2011 - 10:19am | 164Wells Fargo is initiating coverage on Belo Corp. (NYSE: BLC) with an Outperform rating. It is raising estimates on ConAgra Foods (NYSE: CAG), KeyCorp (NYSE: KEY), SunTrust Banks (NYSE: STI), Accenture (NYSE: ACN), CGI Group (NYSE: GIB) and Oracle (NASDAQ: ORCL). It is lowering estimates on Fifth...
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Cramer Loves This Bank
Thursday, September 30, 2010 - 11:31pm | 103On CNBC's Mad Money today Jim Cramer presented a bank that he is totally behind. The bank in question is PNC Financial (PNC). PNC has a done a nice job of navigating the financial crisis and has managed to keep its stock price high unlike many banks. Cramer said that “PNC is that perfect hybrid of...
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PNC Financial Services (PNC) Leads Regional Banks Higher
Monday, February 22, 2010 - 12:14pm | 84Shares of PNC Financial Services Group Inc. (NYSE: PNC) led regional bank shares higher after Bernstein upgraded its rating of the stock from Market Perform to Outperform. Regional banks like PNC Financial Services Group and Zions Bancorporation (Nasdaq: ZION) are not seen as facing as much as much...
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PNC Financial Services Group (PNC) Upgraded To Buy
Friday, February 12, 2010 - 9:15am | 129Deutsche Bank upgraded PNC Financial Services Group Inc. (NYSE: PNC) from Hold to Buy and changed the stocks price target from $45 to $57. According to Deutsche Bank, "PNC shares have lagged (down 13% vs. overall banks down 4% since 1/20/10)--mostly given much larger than expected dilution from...
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Bank of New York Mellon (BK) To Purchase PNC Services Unit
Tuesday, February 2, 2010 - 10:52am | 115Bank of New York Mellon Corp. (NYSE: BK) has made a deal with PNC Financial Services Group Inc. (NYSE: PNC) to acquire PNC Global Investment Servicing, PNC's back office operations unit, for $2.31 billion. PNC Financial Services Group Inc. put the unit up for sale months ago in an effort to raise...