Breaking News Instant updates and real-time market news.

PNC

PNC Financial

$138.66

-1.52 (-1.08%)

07:00
07/17/19
07/17
07:00
07/17/19
07:00

PNC Financial sees Q3 NII 'stable' vs. Q2

Sees average loans up approximately 1% in Q3 vs. Q2, with fee income up in the low single digits. Sees "stable" noninterest income and loan loss provision of $150M-$200M. Comments from slides being presented on the Q2 earnings conference call.

  • 17

    Jul

  • 17

    Jul

  • 16

    Oct

PNC PNC Financial
$138.66

-1.52 (-1.08%)

02/08/19
02/08/19
NO CHANGE

Odeon's Bove says buy SunTrust, Midwest banks after deal announcement
Odeon analyst Dick Bove recommends investors buy shares of SunTrust (STI) following the company's announcement of an agreement to merge with BB&T (BBT), stating that the deal is expected to be accretive by 2021, but likely to be dilutive before this time. He also thinks investors should consider buying a group of Midwestern banks, as the deal puts "significant pressure" on those banks to merge. Banks such as Fifth Third (FITB) and KeyCorp (KEY) "need to join forces," while PNC (PNC) and U.S. Bancorp (USB) "need to buy more scale," Bove stated in his research note.
03/06/19
MACQ
03/06/19
UPGRADE
MACQ
Outperform
PNC Financial upgraded to Outperform from Neutral at Macquarie
Macquarie analyst David Konrad upgraded PNC Financial to Outperform from Neutral and raised his price target to $144 from $134 given recent multiple compression, high BlackRock estimates and potential regulatory change for capital deductions. Konrad said PNC's strong fee income growth remains a key differentiator and expects operating leverage benefits as the company lags peers in terms of their efficiency ratio.
03/06/19
03/06/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Kohl's (KSS) upgraded to Neutral from Underweight at Atlantic Equities. 2. Volaris (VLRS) double upgraded to Buy from Sell at Goldman Sachs. 3. Mylan (MYL) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst David Risinger saying he believes the stock "can finally outperform" for the remainder of 2019 following a substantial reset that has the shares trading near the bottom end of their historical range of the past five years and at a historical discount to peers. 4. PNC Financial (PNC) upgraded to Outperform from Neutral at Macquarie with analyst David Konrad citing recent multiple compression, high BlackRock estimates and potential regulatory change for capital deductions. 5. Ambarella (AMBA) upgraded to Buy from Hold at Craig-Hallum with analyst Richard Shannon saying he sees sales inflection coming in the second half, and as multiple indicators suggest growth in auto and security, supported by computer vision-enabled products. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/14/19
RAJA
06/14/19
NO CHANGE
RAJA
State Street, BofA, PNC among likely CCAR 'winners,' says Raymond James
Ahead of the Fed's release of its annual Comprehensive Capital Analysis Review, or CCAR, on June 27, Raymond James analysts led by David Long previewed the event, noting that "less complex" firms with $100B-$250B in assets have been effectively removed from this year after the central bank moved them to a two-year stress test cycle. Of the 18 total bank holding companies reviewed, and the seven of which the firm covers, Long and the team see State Street (STT), Bank of America (BAC) and PNC Financial (PNC) as "likely winners," they noted.

TODAY'S FREE FLY STORIES

RCKT

Rocket Pharmaceuticals

$13.63

0.35 (2.64%)

07:05
10/22/19
10/22
07:05
10/22/19
07:05
Hot Stocks
Rocket Pharmaceuticals announces FDA clearance of RP-L301 IND »

Rocket Pharmaceuticals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

GOOG

Alphabet

$1,246.23

-0.33 (-0.03%)

, GOOGL

Alphabet Class A

$1,244.23

-0.57 (-0.05%)

07:05
10/22/19
10/22
07:05
10/22/19
07:05
Recommendations
Alphabet, Alphabet Class A, Facebook, Twitter analyst commentary  »

Ad spending across major…

GOOG

Alphabet

$1,246.23

-0.33 (-0.03%)

GOOGL

Alphabet Class A

$1,244.23

-0.57 (-0.05%)

FB

Facebook

$189.82

3.865 (2.08%)

TWTR

Twitter

$40.09

1.11 (2.85%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 23

    Oct

  • 24

    Oct

  • 27

    Oct

  • 28

    Oct

  • 28

    Oct

  • 29

    Oct

  • 30

    Oct

UPS

UPS

$118.56

1.23 (1.05%)

07:05
10/22/19
10/22
07:05
10/22/19
07:05
Hot Stocks
UPS sees FY19 adjusted free cash flow over $4B »

"UPS delivered solid…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 29

    Oct

07:05
10/22/19
10/22
07:05
10/22/19
07:05
General news
FX Update: The dollar managed to lift against most currencies »

FX Update: The dollar…

AVRO

Avrobio

$14.18

0.38 (2.75%)

07:04
10/22/19
10/22
07:04
10/22/19
07:04
Hot Stocks
Avrobio appoints Holly May as Chief Commercial Officer »

Avrobio announced the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ABG

Asbury Automotive

$106.00

2.63 (2.54%)

07:04
10/22/19
10/22
07:04
10/22/19
07:04
Hot Stocks
Asbury Automotive reports Q3 same store results »

Q3 same store: Total…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 05

    Dec

JBLU

JetBlue

$17.54

0.59 (3.48%)

07:04
10/22/19
10/22
07:04
10/22/19
07:04
Hot Stocks
JetBlue sees Q4 capacity up 4.5%-6.5%, FY19 up 6%-7% »

For Q4, capacity is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 10

    Nov

UPS

UPS

$118.56

1.23 (1.05%)

07:03
10/22/19
10/22
07:03
10/22/19
07:03
Earnings
Breaking Earnings news story on UPS »

UPS reaffirms FY19…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 29

    Oct

JBLU

JetBlue

$17.54

0.59 (3.48%)

07:03
10/22/19
10/22
07:03
10/22/19
07:03
Earnings
JetBlue reports Q3 adjusted EPS 59c, consensus 52c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 10

    Nov

UTX

United Technologies

$138.24

1.39 (1.02%)

07:03
10/22/19
10/22
07:03
10/22/19
07:03
Earnings
United Technologies raises FY19 adj. EPS view to $8.05-8.15 from $7.90-$8.05 »

Consensus $8.03. Raises…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

ABG

Asbury Automotive

$106.00

2.63 (2.54%)

07:03
10/22/19
10/22
07:03
10/22/19
07:03
Earnings
Asbury Automotive reports Q3 EPS $2.33, consensus $2.32 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 05

    Dec

BIIB

Biogen

$223.57

3.52 (1.60%)

, ALKS

Alkermes

$18.41

0.24 (1.32%)

07:02
10/22/19
10/22
07:02
10/22/19
07:02
Hot Stocks
Biogen preparing to launch Vumerity for multiple sclerosis »

Biogen (BIIB) said in its…

BIIB

Biogen

$223.57

3.52 (1.60%)

ALKS

Alkermes

$18.41

0.24 (1.32%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 23

    Oct

  • 06

    Nov

NVS

Novartis

$86.55

-0.305 (-0.35%)

07:02
10/22/19
10/22
07:02
10/22/19
07:02
Hot Stocks
Breaking Hot Stocks news story on Novartis »

Novartis reports Q3…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 28

    Oct

  • 06

    Nov

  • 07

    Dec

SHW

Sherwin-Williams

$551.04

-9.93 (-1.77%)

07:02
10/22/19
10/22
07:02
10/22/19
07:02
Earnings
Sherwin-Williams reports Q3 EPS ex-items $6.65, consensus $6.48 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 13

    Nov

UPS

UPS

$118.56

1.23 (1.05%)

07:02
10/22/19
10/22
07:02
10/22/19
07:02
Earnings
UPS reports Q3 adjusted EPS $2.07, consensus $2.06 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 29

    Oct

NVS

Novartis

$86.55

-0.305 (-0.35%)

07:02
10/22/19
10/22
07:02
10/22/19
07:02
Earnings
Novartis raises FY19 net sales view to up high single digits »

Previous guidance was up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 28

    Oct

  • 06

    Nov

  • 07

    Dec

TRV

Travelers

$141.77

0.33 (0.23%)

07:01
10/22/19
10/22
07:01
10/22/19
07:01
Hot Stocks
Travelers reports Q3 adjusted book value $90.09, up 3% from last year »

Reports Q3 underlying…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

MDR

McDermott

$2.04

-0.3 (-12.82%)

07:01
10/22/19
10/22
07:01
10/22/19
07:01
Hot Stocks
McDermott awarded 'large' contract for mixed feed cracker in Saudi Arabia »

McDermott announced it…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BMY

Bristol-Myers

$53.18

0.16 (0.30%)

07:00
10/22/19
10/22
07:00
10/22/19
07:00
Hot Stocks
Bristol-Myers: CheckMate -9LA Phase 3 trial met primary endpoint »

Bristol-Myers Squibb…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    Oct

  • 06

    Nov

  • 18

    Nov

NVS

Novartis

$86.55

-0.305 (-0.35%)

07:00
10/22/19
10/22
07:00
10/22/19
07:00
Earnings
Novartis reports Q3 core EPS $1.41, consensus $1.33 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 28

    Oct

  • 06

    Nov

  • 07

    Dec

TRV

Travelers

$141.77

0.33 (0.23%)

07:00
10/22/19
10/22
07:00
10/22/19
07:00
Earnings
Travelers reports Q3 core income $1.43, consensus $2.35 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

PG

Procter & Gamble

$119.04

1.55 (1.32%)

06:59
10/22/19
10/22
06:59
10/22/19
06:59
Hot Stocks
Procter & Gamble reports Q1 operating cash flow $4.2B »

Operating cash flow was…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

UTX

United Technologies

$138.24

1.39 (1.02%)

06:58
10/22/19
10/22
06:58
10/22/19
06:58
Earnings
United Technologies reports Q3 adj. EPS $2.21, consensus $2.03 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

PG

Procter & Gamble

$119.04

1.55 (1.32%)

06:58
10/22/19
10/22
06:58
10/22/19
06:58
Hot Stocks
Procter & Gamble CEO says 'we delivered strong top-line growth' in Q1 »

"We delivered strong…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

UA

Under Armour

$18.17

0.35 (1.96%)

, UAA

Under Armour

$20.09

0.39 (1.98%)

06:57
10/22/19
10/22
06:57
10/22/19
06:57
Hot Stocks
Under Armour appoints COO Patrik Frisk as CEO, effective Jan. 1 »

The board of Under Armour…

UA

Under Armour

$18.17

0.35 (1.96%)

UAA

Under Armour

$20.09

0.39 (1.98%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 04

    Nov

  • 04

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.