Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »PNC shares gain after higher commercial lending leads to better-than-expected earnings report
Shares of PNC Financial Services rose nearly 2 percent in premarket trading Friday after beating estimates in its second-quarter earnings report. The regional bank reported earnings of $2.72 per share, beating estimates from analysts surveyed by Thomson Reuters by 14 cents. PNC also posted better-than-expected revenue, bringing $4.32 billion, compared …
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