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AmTrust Bank purchase could increase lending, competition in Cleveland market
For the last two years, AmTrust Bank has been like a zombie. The size of the Cleveland bank's deposits and assets shrank nearly in half, and the bank was under the gun from regulators to improve.
SchaeffersResearch.com Daily Market Blog
PNC Financial Services (PNC) Bucks the Broad-Market Trend, Baits Put Players
The shares of PNC surrendered nearly 7% yesterday, with some analysts attributing the drop to escalating concerns about the firm's TARP-repayment timeline.
Will Wells Fargo (NYSE: FC), PNC Financial Service (NYSE: PNC) or...
Markets were pleased with Bank of Americaa s decision to repay its debt to the federal government under the Troubled Asset Relief Program and now analysts are wondering which bank will be the next institution to repay its public debt.
Bank of America sets bar for TARP firms
Bank of America's surprise decision to pay off a $45 billion TARP investment it got from the government during the financial crisis may set the framework for the rest of the nation's banks which still need to pay back the taxpayers, analysts said Thursday.
The Cost of Christmas: A Relative Bargain?
On the twelfth day of Christmas, my true love sent to me Twelve drummers drumming, Eleven pipers piping, Ten lords a-leaping, Nine ladies dancing, Eight maids a-milking, Seven swans a-swimming, Six geese a-laying, Five golden rings, Four calling birds, Three French hens, Two turtle doves, And a partridge in a pear tree! - From "The Twelve Days of ...
Fairmont Hotel fairly confident
Prospects are high that the 185-room Fairmont Pittsburgh Hotel, Downtown, scheduled to open on March 29, will succeed, although many experts say the industry nationally won't turn around until 2011.
Analyst Choice Undertakes Analytical Revision within Financial, Healthcare and Services Sectors
This drove us to do research on the following 6 stocks CapitalSource Inc. , PNC Financial Services Group Inc.
PNC has sights set on becoming Kentuckya s megabank
The largest bank merger in the Louisville market is nearing completion, though the details - including a change in signage - are not final.
PNC: 12 Days to cost True Loves slightly more this Christmas
"The Twelve Days of Christmas" would cost $21,465.56 in 2009, a mere 1.8 percent increase over last year, according to PNC Wealth Management's 26th annual Christmas Price Index.
Hedge Funds Buy Stocks as Individuals Sell in Signal S&P 500 Gains Persist
Hedge funds are shoveling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poora s 500 Index is poised to extend its gains.
a 12 Days of Christmasa itemsa cost would top $87K
PITTSBURGH - Making one's true love happy will cost a whopping $87,403 this year, a minuscule increase from last year, according to the latest cost analysis of the items in the carol "The Twelve Days of Christmas." That's the grand total for the single partridge in a pear tree to the 12 drummers drumming, purchased repeatedly as the song suggests, ...
Federal Reserve Reportedly Says to Banks, a oeShow Us TARP Repayment Plansa
Those institutions which were able to "raise common equity and would continue to exceed capital buffers set in the stress tests," would have the option to settle their TARP borrowings soon.
Web site rallies shareholders for proxy fights
A group of West Chester capitalists has set up a Web site that invites dissident investors to recruit angry shareholders for corporate proxy fights.
U.S. banks less exposed to Dubai than Europe
U.S. banks are probably less exposed than European rivals to a potential debt default by Dubai World, but a lack of transparency and the interconnectedness of the modern financial system make it difficult to know which institutions are ultimately exposed, analysts said this week.
Financial Stocks: Financials off on broader economic gloom
Financial stocks traded slightly lower Tuesday, as a lack of corporate news and the approaching Thanksgiving holiday capped moves in the sector.
National City, PNC to complete combination in February
Almost a year after acquiring National City Bank, PNC Financial Services Group plans complete combining the banks' Louisville operations in February - a process that will leave fewer branches, the same number of employees and two downtown towers with "PNC" signs at the top.
Survey: Region's consumers say they are feeling more upbeat about economy
The "shaky" economic recovery may have an effect on this year's holiday sales, economists say.
Futures point to flat open after Case-Shiller data
U.S. stock index futures pointed to a flat open on Tuesday after data showed home prices rose for the fifth straight month in September, but the growth was less than expected.
Berkshire venture tops PNC for Capmark servicing
Capmark Financial Group Inc CPFNG.UL said on Tuesday it would sell its mortgage servicing business to a Berkshire Hathaway-Leucadia joint venture which raised its bid on Monday to about $468 million.
Reports on GDP and consumers signal modest rebound
The economy is growing modestly, with consumers too wary about spending to invigorate the recovery.
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