Tag Archives: NYSE:PNC

Financial Sector Hikes; Capital One Financial (COF) and PNC Financial (PNC) Announces Fiscal Q4 Results – COF, PNC, BAC, SUBK, FITB, HGT

Last trading session data showed that financial sector reacted positively with +0.35% change. Suffolk Bancorp (NASDAQ:SUBK) and Fifth Third Bancorp (NASDAQ:FITB) were major percentage gainer in this sector while key loser was Hugoton Royalty Trust (NYSE:HGT).

Capital One Financial Corp …

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Wells Fargo (NYSE:WFC) Shares Under Pressure as Net Interest Margin Tumbles

Shares of Wells Fargo & Company (NYSE:WFC) are under pressure after the San Francisco, California based financial giant announced its net interest margin plunged over forecasted, however its earnings move up.

Wells Fargo reported profit in the fourth-quarter moved up …

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Wells Fargo (NYSE:WFC) Posts Record Profit in Fiscal Fourth Quarter; Stock Tumbles – WFC, USB, KEY, PNC

Wells Fargo & Company (NYSE:WFC) announced a 24% boost in fiscal Q4 earnings as the biggest United States home lender broadened more credit. Shares of the company plunged as margins narrowed and mortgage applications waned.

The San Francisco-based Wells Fargo …

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U.S. Treasury Department’s Inspector General to Impose Sanction on JPMorgan Chase (NYSE:JPM) –, JPM, KEY, USB, PNC

The United States Treasury Department’s inspector general has threatened to penalize JPMorgan Chase & Co (NYSE:JPM) for failing to turn over documents to watchdogs investigating the financial giant’s ties to Bernard Madoff’s Ponzi scheme.

Inspector General Eric Thorson offered the …

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KeyCorp’s (NYSE:KEY) Third Quarter Profit Hikes; Tops Analysts Guidance – KEY, USB, WFC, PNC

KeyCorp (NYSE:KEY) reported on Thursday that net income moved up in the Q3 as the lender made additional revenue from charges and interest on loans. The results surpass analysts’ forecasts, and KeyCorp stock moved up in morning trading session.

The …

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Citigroup (C) Turns Red Following Pandit’s Resign – C, BAC, HBC, SPY, QQQ, IWM, WFC, TVIX, PNC

Citigroup Inc. (C) shares plunged surprisingly nearly 1% in early Tuesday trading following VikramPandit, its chief executive, gave his resignation effective immediately. Stock of the company was off their lows from the early trading session, when they had declined nearly …

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