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Real Estate & Property Law

: Housing Wire

PNC Posts $248 Million Q4 Loss, Amid National City Acquisition

By KELLY CURRAN

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PNC Financial Services Group, Inc. (PNC: 27.46 -14.67%) reported Tuesday morning a loss of $248 million, or $.77 per diluted share, for the fourth quarter of 2008 — driven by costs tied to its takeover of ailed Cleveland-based National City Corp. — compared with a net income of $178 million in the fourth quarter of [...]

Full post as published by Housing Wire on February 03, 2009 (boomark / email).

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