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Financials drive Wall St higher; Amazon up late

Oct. 22, 2009
NEW YORK (Reuters) - U.S. stocks rose on Thursday after quarterly results from insurer Travelers and regional bank PNC Financial gave a boost to financial stocks.
Related Stories from UPI.com

PNC Financial to cut 5,800 jobs

PITTSBURGH, Feb. 3 (UPI) -- PNC Financial Services Group Inc. in Pittsburgh said Tuesday it would cut 5,800 jobs after losing $248 million in the fourth quarter.

PNC shares rise on National City purchase

PITTSBURGH, Oct. 24 (UPI) -- PNC Financial Service Group shares jumped more than 5 percent after it said it would purchase Cleveland's National City Corp. for $5.6 billion.

PNC paying $6 billion to buy Mercantile

PITTSBURGH, Oct. 9 (UPI) -- Pittsburgh's PNC Financial Services Group Inc. is acquiring Mercantile Bankshares Corp. in a cash-and-stock deal worth about $6 billion.

PNC bags massive profit in BlackRock deal

PITTSBURGH, Feb. 15 (UPI) -- Pittsburgh-based PNC Financial Services Group Inc. said Wednesday it recorded a $1.6 billion profit on a merger of BlackRock and a Merrill Lynch unit.

Fed approves PNC purchase of Riggs

WASHINGTON, April 26 (UPI) -- The U.S. Federal Reserve said Tuesday it has approved a merger between PNC Financial Holdings of Delaware and the Riggs National Corp. of Washington, D.C.

PNC and Riggs head back to the altar

WASHINGTON, Feb. 10 (UPI) -- The board of Washington bank Riggs National Corp. has agreed to a reduced purchase price from on-again-off-again suitor PNC Financial Services Group Inc.

Riggs back in circulation (but suing PNC)

WASHINGTON, Feb. 9 (UPI) -- Riggs Bank is back in the merger market, courting suitors who may want to replace a Pittsburgh company once engaged to the troubled Washington bank.

Riggs National sues PNC over deal

WASHINGTON, Feb. 7 (UPI) -- Riggs National Corp., sued Pittsburgh-based PNC in Superior Court in Washington Monday for allegedly changing the terms of the banks' planned merger.

Fitch affirms PNC

CHICAGO, July 16 (UPI) -- Fitch Ratings of Chicago Friday affirmed all the ratings of PNC Financial Services Group Inc. and its affiliates.

PNC ICLC to pay $115 million

WASHINGTON, June 2 (UPI) -- The Justice Department said Monday PNC ICLC, a subsidiary of PNC Financial Services, will pay $90 million to a restitution fund and $25 million in penalties. Th
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch