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11/20/2020 9:45 AM
The PNC Financial Services Group, Inc. (NYSE:PNC) recently announced an agreement to acquire the U.S. side of BBVA’s business. With this acquisition, PNC Financial Services would become the largest...
10/14/2020 8:47 AM
The Dow Jones Industrial Average (DJI - 28,679.81) lost 157.7 points on Tuesday. The S&P 500 Index (SPX - 3,511.93) fell 0.6% yesterday, while the Nasdaq Composite (IXIC - 11,863.90) shed 0.1%. The Cb...
5/12/2020 11:30 AM
The shares of PNC Financial Services Group Inc (NYSE:PNC) are down 4% to trade at $98.86, following the firm's announcement that it's selling its 22% stake, worth roughly $17 billion, in BlackRock (B...
8/14/2019 3:06 PM
Wall Street has been rocked today by news of an inverted yield curve. The banking sector is getting hit the hardest, as evidenced in the price action in the Financial Select Sector SPDR Fund (XLF), ...
8/8/2019 1:21 PM
The recent market drawdown has been particularly painful for the financial sector, especially with the Fed lowering interest rates last week. However, this pullback could mark a buying opportunity for...