SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
not a believer
PNC
|
|
|
+23.99%
in
54 days
(closed on 01/06/09)
Not willing to subscribe to the common 2008 theory that just because a bank is acquiring other banks, it's somehow able to shirk the financial industry problems-- or that a big bank is safer. Things not to like: They opened 20 new branches in 2007-- not a sign that mgt forsaw any of the obvious warning signs. Heavy in acquisitions: this has proved folly for banks, ESPECIALLY banks that made acquisitions before 2008 when they were expensive. Equity = $14 bn Now let's see what's so exciting on PNC's balance sheet... Assets = $140 bn (roughly) This means if PNC's assets suffer ...
|
Albertis $12.8B Bid to Lease PA Turnpike Expires With No Deal
PNC
|
|
|
-26.35%
in
416 days
<> Spanish infrastructure company Albertis and NY-based Citi Infrastructure have withdrawn their $12.8B bid to lease the Pennsylvania Turnpike for 75 years after state legislators failed to vote on the proposal before an early end to their legislative session to focus on the upcoming election. Earlier in September, the Federal Highway Administration rejected a PA proposal to make I-80 a toll road, resulting in a $450M shortfall in the state's transportation budget when coupled with the failed bid to lease the turnpi...
|
The Shakeout in Regional Banks
PNC
|
|
|
+5.03%
in
24 hours
(closed on 10/01/08)
<> 
The accompanying table presents the 25 lowest-rated stocks in my US-based Regional Banking Index. The index contains a total of 99 companies with market caps between $500 million to $20 billion which are classified as either regional banks or savings and loan companies. The ratings for each company are calculated quarterly based on a formula which considers the price-to-book ratio, the trailing 52-week stock price performance, and the percentage of total market caps represented by each company.
Since putting together the index...
|
Eleven Pennsylvania Banks Thriving During the Shake-Out in Financials
PNC
|
|
|
+1.28%
in
18 days
(closed on 09/30/08)
<> Amidst turmoil in the financial sector this week and over the past year, the following is a list of Pennsylvania-based banks and financial services companies with market caps over $100M that have recorded stock price gains over the past year. The 11 companies are listed in descending order by 52-week stock price performance and include the following top performers: Univest – biggest gainer at 38%, First Commonwealth (which I wrote about 15 months ago with a yield over 6%) – biggest dividend yield at< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />...
|
Bullish on PNC ...
PNC
|
|
|
-2.37%
in
516 days
Great solid company that has avoided the mortgage portfolio issues and has strong capitalization with good access to the capital markets.
|
From the Blogosphere
Zacks Analyst Blog Highlights: PNC Financial Services, Bank of America, Bank of New York Mellon Corp, MasterCard and JPMorgan Chase – Press Releases
|
|
|
For Immediate Release Chicago, IL – November 18, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PNC Financial Services (PNC), Bank of America (BAC), Bank of New York Mellon Corp (BK), MasterCard (MA) and JPMorgan Chase (JPM). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 <><>Here are highlights from Tuesday’s Analy<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< />< />< />< /><><><><>< /><><>< /><>< /><>< />< />...
|
Zacks Analyst Blog Highlights: JPMorgan Chase, Fifth Third Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial – Press Releases
|
|
|
For Immediate Release Chicago, IL – November 17, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan Chase (JPM), Fifth Third Bancorp (FITB), Zions Bancorp (ZION), SunTrust Banks (STI) and PNC Financial (PNC). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Monday’s Analyst Blog: <><>Ba...
|
BofA Continues CEO Hunt – Analyst Blog
|
|
|
Recently, William Demchak of the PNC Financial Services (PNC) was offered the position of the next CEO of the Bank of America (BAC). However, the offer was turned down by Demchak.
We suspect Demchak declined the offer as the pay package is likely to be among the least competitive in the industry, especially since the Obama administration's pay czar took the axe to seven institutions' pay plans, chopping the average high-end salary by 50%. Moreover, the bank is also operating under a memorandum of understanding with regulators, who are scrutinizing the top gun's every decision.
The present...
|
Bank Failures Rise to 123 – Analyst Blog
|
|
|
Regulators shut down 2 banks in Florida and 1 in California; U.S. bank failures reach 123 this year.
U.S. regulators on Friday shuttered two more banks in Florida and one in California. Though there are some early signs of economic recovery, bank failures continue unabated. This takes the total number of bank failures to 123, compared to 25 in 2008 and 3 in 2007.
The weak economy continues to weigh heavily on banks with a stream of loan defaults. As the industry has to tolerate bad loans that were made during the credit explosion, the trouble in the banking system goes even deeper, increa...
|
Zacks Analyst Blog Highlights: JP Morgan Chase, U.S. Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial – Press Releases
|
|
|
For Immediate Release Chicago, IL – November 10, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JP Morgan Chase (JPM), U.S. Bancorp (USB), Zions Bancorp (ZION), SunTrust Banks (STI) and PNC Financial (PNC). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Monday’s Analyst Blog: <><>Bank Fail...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
Be the first to start a discussion and earn 2 points.
More Resources
|
About The PNC Financial Services Group Inc.
- Answers.com
