whytestocks
6 years ago
News: $PNC Aetna, Anthem, Health Care Service Corporation, PNC Bank and IBM announce collaboration to establish blockchain-based ecosystem for the healthcare industry
ARMONK, N.Y. , Jan. 24, 2019 /PRNewswire/ -- Aetna, Anthem (NYSE: ANTM ), Health Care Service Corporation (HCSC), PNC Bank (NYSE: PNC ) and IBM (NYSE: IBM ) today announced a new collaboration to design and create a network using blockchain technology to improve transparenc...
Read the whole news https://marketwirenews.com/news-releases/aetna-anthem-health-care-service-corporation-pnc-bank-and-ibm-announce-collaboration-to-establish-blockchain-based-ecosystem-for-the-healthcare-industry-7548534.html
fourkids_9pets
13 years ago
Earnings Updates & Surprises ~ PNC
Updates, advisories and surprises
By MarketWatch.com
Friday, Jan. 20
PNC Financial net income, revenue falls(7:23 am ET)
NEW YORK (MarketWatch) -- PNC Financial Services Group Inc. (PNC: news, chart, profile) on Wednesday said its fourth-quarter profit fell to $493 million, or 85 cents a share, from $820 million, or $1.50 a share, in the year-ago period. Excluding 30 cents a share in one-time costs for foreclosure-related expenses and a non-cash charge of 24 cents a share, the Pittsburgh lender earned $1.39 a share in the latest period, compared to $1.40 a share in the year-ago period, excluding one-time items. Revenue fell to $3.5 billion from $3.9 billion. Wall Street analysts expected PNC to earn $1.44 a share on revenue of $3.52 billion, according to a survey by FactSet Research.
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what a pos co. with a puke of a ceo and how very telling
what gets to be a *one time charge* TAKEN
>>> here's to various state AG's adding PNC to their *focus*
oh and gotta love those analysts .. always on top of the *rigged* game :0
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4kids
all jmo
56Chevy
13 years ago
Buy PNC: A Bank That Prospers As Europe Falters
November 18, 2011
Ever since the European debt crisis became the issue that the markets trade alongside, bank stocks have risen and fallen together. Correlation in the banking sector, much like the overall stock market, is at record levels, as investors paint all financial firms with the same broad brush. But, the truth is that not all banks are created the same. There are some that can rise above the challenges presented in Europe and can thrive in such an environment. And we would like to highlight just such a bank today.
PNC Financial (PNC) is a large regional bank that caters to the eastern United States. PNC is currently the 12th largest bank holding company in the U.S. by assets. As a regional bank, it has none of the European exposure that is currently plaguing many of its peers, yet it is trading as if it was exposed to Europe.
While it is true that PNC has outperformed the broader financial sector, it has underperformed the S&P 500. We see little reason for this other than the sentiment surrounding the financial industry.
< read more >
http://seekingalpha.com/article/308967-buy-pnc-a-bank-that-prospers-as-europe-falters
56Chevy
13 years ago
Flagstar Completes the Sale of its Georgia Retail Bank Franchise
Flagstar Bancorp (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today announced that the Bank has completed its previously announced agreement to sell its 27-branch retail bank franchise in Georgia to PNC Bank, N.A., part of The PNC Financial Services Group, Inc. (NYSE: PNC) ("PNC").
http://ih.advfn.com/p.php?pid=nmona&article=50376858