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PNC Financial Services Group Inc

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  • Bank Takeover Boom Friday, 24 Oct 2008 | 4:16 PM ET

    Like we told you days ago consolidation in the financial services sector appears to be taking hold.

  • Busch: U.S. Not Doing A Great Job In Credit Crisis Friday, 24 Oct 2008 | 1:46 PM ET

    The equity market collapse began in the Far East as Sony shares slide 14 pct after they issued a profit warning. The electronics maker cut its profit forecast in half as the strong Japanese yen and the ongoing credit crisis is hurting demand for its cameras and flat TVs.

  • The Good News On Inflation Thursday, 16 Oct 2008 | 9:17 AM ET

    At least there was some good economic news today: both CPI and core CPI were below expectations, so inflation concerns are indeed receding.

  • Week Ahead: Thawing The Glacial Credit Freeze Sunday, 12 Oct 2008 | 9:14 PM ET
    Traders at the NY Stock Exchange

    Stocks will take their cue from credit markets in the week ahead and whether they are responding to any of the government's efforts to thaw the glacial credit freeze.

  • Recap Plan: Better? Maybe, for the Right Banks Thursday, 9 Oct 2008 | 5:25 PM ET
    Financial Crisis

    The US Treasury’s plan to inject cash directly into banks may be more effective in battling the credit freeze than having the government buy the banks' troubled mortgage debt ... provided the right banks get the cash. 

  • Citigroup’s Heartache Friday, 3 Oct 2008 | 6:51 PM ET

    Getting dumped stinks. You think you’ve found a wonderful partner only to realize those feelings aren’t returned. Poor Citigroup! Find out what Dick Bove has to say about the mess.

  • Stop Trading!: Rise of the Superbanks Friday, 26 Sep 2008 | 3:33 PM ET

    If Congress doesn't act quickly, deals like the one between JPMorgan and Washington Mutual will be the norm – until there are no small S&Ls left.

  • Techs Carry the Torch Amid Bailout Blues Wednesday, 24 Sep 2008 | 4:49 PM ET

    Stocks got an early boost from Buffett's vote of confidence in Wall Street but the meandering hearings on the bailout sucked the air out of the trading floor. By the closing bell, financials had fallen and only techs were left carrying the torch of hope.

  • Spurt of Optimism Gives Stocks a Lift Wednesday, 24 Sep 2008 | 4:25 PM ET

    Stocks made a modest advance Wednesday,  boosted by Buffett's investment in Goldman Sachs and optimism that a bailout could boost tech spending.

  • Stocks Wander as Banks Rise, Anxiety Lingers Wednesday, 24 Sep 2008 | 1:46 PM ET

    Stocks made a modest advance Wednesday after Warren Buffett, one of the most highly-regarded investors, calmed the anxious market with a $5 billion investment in Goldman Sachs.

  • Buy Commercial Banks, Says Bove (Pt. 1) Wednesday, 24 Sep 2008 | 1:01 PM ET

    Don't judge all financial stocks by the Lehman-AIG-Merrill meltdown. Commercial banks look strong and will get stronger, according to Richard Bove and Jack Bouroudjian. The expert strategists offered their recommendations to CNBC. (Part One)

  • Today's Top Videos: Wall Street, Buffett & More... Monday, 22 Sep 2008 | 5:50 PM ET

    AIG's new CEO Edward Liddy discusses his new role at AIG while Dick Bove shares perspectives on what the regulation of Goldman Sachs and Morgan Stanley means for banks. Following are today's top videos:

  • Lesser stocks are fetching more. Why?

  • Fundamentals Will Again Matter--Soon Monday, 22 Sep 2008 | 9:11 AM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Futures are practically unchanged, with many traders noting this morning that hedge fund and mutual fund companies are continuing to see redemptions, and the profit outlook is still poor. As a result, there is debate about how strong buying interest will be here.

  • Smart Moves In Challenging Times Friday, 19 Sep 2008 | 3:08 PM ET

    If you have a strong stomach and like a good gamble, the current volatility may be a good opportunity to put some money in play to beef up your portfolio gains in what's been a rocky year. While the pickings may seem slim, investment strategists say there are some opportunities within certain sectors, and if you are considering making broader bets, using options strategies can provide a good way to maximize gains while limiting losses.

  • When stadium naming rights started taking hold in the sports stadium building boom of the 90s, the airlines swooped in. Delta bought the rights to the arena in Utah in 1991, America West took Phoenix in 1992, United bought the Chicago Bulls and Chicago Blackhawks venue in 1994.

  • Traders See More Bank M&A's As REITS Hit Hard Monday, 15 Sep 2008 | 1:11 PM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    The Street has been making this distinction for months, and it is now accelerating. For example, look at some of the smaller regional banks that have less exposure to construction/real estate than others, and how they have performed in the last year:

  • Are There Any Good Financial Stocks? Friday, 12 Sep 2008 | 9:05 AM ET

    With all this news about Fannie, Freddie, Lehman, WaMu, and others, you might be asking yourself, are there any good banks out there.  Here is a screen for stocks from the S&P Financials sector that are actually doing well for the year.

  • Bove's Bank Stock Picks after Fannie, Freddie Move Tuesday, 9 Sep 2008 | 7:41 AM ET

    A number of U.S. banks stand to gain after the government takeover of Fannie Mae and Freddie Mac, Dick Bove, analyst at Ladenburg Thalman & Co., told CNBC.

  • Oil prices, which have plunged 26% in the past month and a half, could continue moving lower in the coming weeks, analysts believe.