Podcasts about pnc financial

First-quarter bank earnings highlighted mixed results as some banks saw an uptick in originations and leasing volume, while credit performance largely improved.  Ally Financial's auto originations increased 4.1% year over year as lease originations were up 28.6% YoY. The bank's retail auto delinquencies declined 9 basis points (bps) YoY to 3.79%. Across the regional banks, Huntington Bank's auto originations rose 25% YoY, while U.S. Bank's indirect loan and lease originations were down 27.3% YoY. Fifth Third Bank, PNC Financial and Truist joined several auto lenders in reporting declines in delinquencies and credit losses in Q1. Meanwhile, new-vehicle affordability hit the best level in 45 months in March but auto tariffs are expected to lead to price increases and contribute to lower sales in the coming months.  Prolonged tariffs are also projected to contribute to a decline in auto asset-backed securitization volume and increased delinquencies across securitized auto loans. In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris and associate editor Aidan Bush discuss Q1 bank earnings and top trends across affordability and consumer health for the week ended April 18. 

You should be prepared for the upcoming stock market correction! At Wilsey Asset Management we are prepared for an upcoming correction in the stock market. That doesn't mean we or you should sell all your positions and go to cash. What it does mean is you should take a close look at your portfolio and see if you're over concentrated in certain positions, especially those that are trading at lofty valuations based on earnings, sales, book value, and cash flow. Many investors think that their stock or stocks will never decline and will just keep increasing forever. This is because they have no history or way of valuing what they hold in their portfolio. They are just happy because it keeps going up, which is obviously unsustainable. It is important for investors to realize that roughly every 19 months or so stocks go through a correction of 10% or more. If you look back in history, the last correction we had was roughly 20 months ago in March 2023 because of the regional banking crisis. What will cause the next correction? It could be concerns on tariffs, it could be due to global unrest, or perhaps it will be something that no one even thought of. The average correction lasts 3 to 4 months, but investors should be prepared for a longer period because an average is simply the average, and it will not be the same for every correction. Mentally, investors should be prepared for corrections, and they should understand it is not a matter of if it will it happen, but when it will happen, and you should not be emotionally disappointed when it does happen. As an investor, you have to realize it does happen, but if you have a strong diversified portfolio with investments that you understand you can weather the storm. If most of your stocks in the portfolio pay dividends that might make you feel better and also the income helps offset a potential decline in your portfolio. Also think like famed investor Warren Buffett that when a correction happens many equities go on sale and that is time to start buying. Don't, however, buy with the intention that you make money in the next month or two. Realize that you're buying a small piece of large company on sale that should do well for you in years to come.   Technology has changed and improved oil drilling Thanks to advancements in technology and artificial intelligence, the United States now out produces any other country in the world when it comes to oil. Much of the success has come from the Permian Basin which is 75,000 square miles located in Texas and New Mexico. The area produces almost 50% of US oil. There have been huge efficiency advantages in US oil production which have increased 60% or more a day while using 40% less workers. It used to take 18 months to find oil when drilling in the ocean with seismic imaging. Thanks to advances in technology, it now takes only 18 days. Companies like Chevron also claim they can drill 80% more feet in a day than they did five years ago. When you think of oil drilling, you may think of the new show Landman on Paramount+ and all the dirty oil. While that is still part of it, it is to a much smaller degree because now there are workstations with computers and 20 to 30 workers controlling thousands of pieces of equipment from many miles away. All this new efficiency will benefit the consumer as this will stabilize oil prices to some degree. I believe this will occur because the breakeven for oil in the Permian has dropped over 50% to $40 a barrel and could fall even further. What this means is more and stable profits for the oil companies. The consumer will benefit as well as oil companies cost decline and the price of gasoline at the pump could decline further.   Should we start to question the progress on inflation? The November Consumer Price Index (CPI) came in at 2.7%, which was in line with expectations but higher than October's reading of 2.6%. Core CPI, which excludes food and energy came in at 3.3%, which also matched expectations. The concern here is that this was the sixth month in a row that we have been at 3.3 or 3.2%. I have spent a lot of time talking about shelter costs, but those are finally starting to decelerate. The shelter index showed a gain of 4.7% compared to last year and while it still accounted for 40% of the monthly CPI increase, it was the smallest 12-month increase since February 2022. I continue to believe this index will continue to decelerate moving forward. The big question here is should we be concerned with this report? It looks like since it came in right along expectations the market is now with near certainty pricing in a cut at the Fed's meeting next week. I do have to say though it is somewhat concerning we are still a decent ways off from the Fed's target and it appears we have stalled out. We have come a long way from when the CPI was 9% in June 2022, but I believe if the Fed sticks to being “data dependent” they will want to see further progress before cutting rates much further next year. There are still some positives with areas like shelter and auto insurance that should be less burdensome next year, but other areas like energy will have a tough comparison considering the lower prices this year. Overall, I continue to believe the economy is in a good spot, but this report confirms my thoughts that those hoping for a lot of rate cuts next year may be getting too far ahead of themselves.   Make your Charitable Gifts Count this Season If you currently receive required minimum distributions (RMDs) from a retirement account and you make charitable donations, you should be using your required distributions to make those charitable gifts.  This is called a qualified charitable distribution (QCD) and it is a tax advantaged way to make the donations to charity that you were already doing.  After the tax changes in 2017, the number of tax filers who itemize dropped substantially.  Charitable donations are typically an itemized deduction, so for the majority of tax filers, charitable gifts do not provide any tax benefit.  When taking a required distribution from a retirement account, the distribution is reportable as income.  However, any required distribution that is instead sent to a charity does not need to be recognized as income, meaning the giver is guaranteed to receive both the federal and state income tax benefit, even if they don't itemize.  Not only that, but since the charitable distribution is not included in income, it results in a lower adjusted gross income which is the income level that determines the cost of Medicare premiums (IRMAA).  A normal itemized charitable donation only reduces taxable income, not adjusted gross income, so even people who itemize are still better off making qualified charitable distributions rather than itemized charitable donations. These QCDs are a great way to help a cause you believe in while getting the most tax benefits possible.   Companies Discussed: The Cigna Group (CI), The Kroger Co. (KR), The PNC Financial Services Group, Inc. (PNC) & The Hershey Company (HSY)

Sr. VP of PNC Financial has the list to the theme of "12 Days of Christmas" for a little holiday fun!

Bank earnings last week highlighted mixed results as some institutions saw an uptick in auto originations while others' portfolios shrank.  Bank of America's auto originations rose 16.2% year over year to $7.9 billion in the third quarter, while U.S. Bank's indirect auto loan and lease originations jumped 65% YoY to $1.8 billion. Huntington Bank's auto originations rose 71.4% YoY to $2.4 billion.  Ally Financial's originations, however, declined 11.3% YoY to $9.4 billion in Q3. Other regional banks' portfolios saw slight growth in Q3, with Fifth Third Bank's auto outstandings up 3.3% YoY to $15.9 billion and PNC Financial's auto portfolio up 1.3% YoY to $15.1 billion. Truist's auto portfolio declined 11.1% YoY to $22.1 billion. Meanwhile, affordability was a resounding theme throughout Auto Finance Summit 2024 last week, with executives highlighting challenges related to rising consumer debt, slowly declining interest rates and worsening credit performance. In this episode of the “Weekly Wrap” Auto Finance News Editor Amanda Harris and Associate Editor Ashley Savage discuss key takeaways from third-quarter bank earnings and Auto Finance Summit 2024.  

Second-quarter bank earnings continue to point to mixed loan production volume and a rise in leasing spurred by EVs. U.S. Bank originated $1.9 billion in Q2, up 21.5% year over year while outstandings fell 30.6% YoY to $8 billion. PNC Financial's auto outstandings dipped 1.6% YoY to $14.8 billion, and Citizens' auto book continued to run off. Ally Financial originated $639 million in battery EV and hybrid leases during Q2.

Der S&P 500 konnte gestern den neunten Rekord in Folge verbuchen. Wir sehen eine Fortsetzung eines Comebacks der ungeliebten Kandidaten, mit dem Russell 2000 für Nebenwerte auf dem höchsten Niveau seit Januar 2022. Im Fokus steht die Berichtssaison, mit fünfzig Quartalszahlen allein in dieser Woche. Die vor dem Opening gemeldeten Ergebnisse der Bank of America, wie auch von Morgan Stanley, PNC Financial, State Street und UnitedHealth, lagen alle über den Zielen des Marktes. Außerdem bestätigt die UBS für den S&P 500 das Jahresendziel von 5600. Ende 2025 soll der Index die Marke von 6000 erreichen. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Werbung | Exklusiver CLARK Deal ➡️ https://www.clark.de/landing/social/wallstreet74/ Lade zwei bestehende Versicherungen hoch und erhalte einen 30€ Gutschein! Werbung | Sichere dir jetzt einen kostenlosen Jahresvorrat Vitamin D3 & K2 und 5 praktische AG1 Travel Packs GRATIS und informiere dich auf https://www.drinkag1.com/wallstreet zu den gesundheitsbezogenen Angaben. Hole dir AG1 im Abo nach Hause, ganz ohne Vertragslaufzeit. +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Ein Podcast - featured by Handelsblatt. Der S&P 500 konnte gestern den neunten Rekord in Folge verbuchen. Wir sehen eine Fortsetzung eines Comebacks der ungeliebten Kandidaten, mit dem Russell 2000 für Nebenwerte auf dem höchsten Niveau seit Januar 2022. Im Fokus steht die Berichtssaison, mit fünfzig Quartalszahlen allein in dieser Woche. Die vor dem Opening gemeldeten Ergebnisse der Bank of America, wie auch von Morgan Stanley, PNC Financial, State Street und UnitedHealth, lagen alle über den Zielen des Marktes. Außerdem bestätigt die UBS für den S&P 500 das Jahresendziel von 5600. Ende 2025 soll der Index die Marke von 6000 erreichen.

Hawks v. PNC Financial

In recent news, big banks have made major layoffs, with Citi laying off a total of 2,000 employees in the first three months of 2024, with other banks such as PNC Financial and Wells Fargo following suit. But this news presents a challenge, how do banks maintain a good customer experience with reduced staff? Should banks be cutting headcount or training employees more efficiently?Bradley Cooper, editor of ATM Marketplace discussed bank layoffs in light of CX with Mack Turner, a 30 year veteran of the financial services industry and managing director of Mack Turner Marketing Consulting and Insight LLC during this episode of the Bank Customer Experience Summit Podcast.Turner discussed a number of key topics during the interview including:How do layoffs impact employee morale and customer service?How does this news impact smaller regional banks?How should banks be looking at branch strategy?What role does digital play in smaller banks' strategy?How should banks be training employees to deliver impactful CX?

The stock market retreated Tuesday, with the Nasdaq giving up its Thursday-Friday gains to record highs. Software stocks were big losers Tuesday, including Duolingo. Bank stocks such as PNC Financial continue to do well, while homebuilders like Lennar are holding up well.

PNC Financial's Q4 2023 earnings call, unedited

On hour two with Chris and Amy, Mike Scully from PNC Financial talks about the 2023 cost of the 12 Days of Christmas. Then Matt Pauley discusses Sonny Gray coming to the Cardinals. Plus Chris called some of his High School friends by the wrong names.  

Chris Whalen of Whalen Global Advisors returns to Forward Guidance to share his views on the recently released third quarter earnings from banks such as Bank of America, Wells Fargo, JPMorgan Chase & Co., Citi, Charles Schwab, and Goldman Sachs. Whalen also discusses with Farley companies about to report such as American Express, PNC Financial, Bank of the Ozarks, and Truist. Filmed the afternoon of October 17, 2023. __ MetaMask Portfolio is your one-stop shop for all things web3. Instead of connecting to multiple exchanges, dapps, and tools, you just need to connect to one simple dapp to track and manage all your assets across different networks and accounts. MetaMask Portfolio provides a secure and convenient way to perform common tasks such as Buy, Sell, Swap, Bridge, and Stake. Try MetaMask Portfolio: https://blckwrks.co/MetaMaskForwardGuidance __ Follow Chris Whalen on Twitter https://twitter.com/rcwhalen Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:31) Bank Earnings For Third Quarter So Far Are "Cautiously Mediocre" (03:07) Commercial Real Estate (CRE) (10:22) Defaults Remain Within 2019 Levels (15:17) Chris Is Somewhat Bearish On Most Of U.S. Banking Sector (19:09) Charles Schwab ($SCHW) (34:48) Goldman Sachs ($GS) (42:42) Regional Banks (PNC, U.S. Bank, Truist) (46:40) Card Issuers Such As American Express, Discover, and Capital One (48:10) Private Equity & Private Credit (51:22) CRE Lenders Such As KeyCorp, Western Alliance, and Bank of the Ozarks (52:28) Risk Of Another Bank Failure (57:53) Potential Of "TARP 2.0" (01:01:30) Is Recent Bear Steepening In Bond Market Good For Banks' Earnings Power? __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. 

Chase Auto, PNC Financial and Wells Fargo kicked off third-quarter earnings season last week with mixed results, while consumer credit availability improved in September. In this episode of the “Weekly Wrap,” Deputy Editor Amanda Harris and Senior Associate Editor Riley Wolfbauer discuss the top stories for the week ended Oct. 13, and what to expect in the week ahead. 

Wir sehen eine Verschärfung der Lage in Israel und Gaza, was den Ölpreis um rund 4% anfacht. Marktteilnehmer dürften vor dem Wochenende erneut Zurückhaltung üben. Was die vor Handelsstart gemeldeten Ergebnisse betrifft, sehen wir auf breiter Front positive Reaktionen. Wie zu erwarten war, können die Quartalszahlen der Großbanken die stark gesenkten Ziele der Analysten übertreffen. Dazu gehören neben der Citigroup auch J.P. Morgan, Wells Fargo und PNC Financial. BlackRock steht vor allem wegen der überraschend hohen Kapitalabflüsse unter Druck. Absatz des Finanzsektors kann auch United Health von soliden Ergebnissen und angehobenen Aussichten profitieren. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Exklusives Angebot für unsere Hörer: Testet Handelsblatt Premium 4 Wochen für 1 € und bleibt zu den Entwicklungen an den Finanz- und Aktienmärkten informiert. Mehr zum Vorteilsangebot der Handelsblatt-Fachmedien erfahrt ihr unter: www.handelsblatt.com/mehraktien * Ein Podcast - featured by Handelsblatt. Helfen Sie uns, unsere Podcasts weiter zu verbessern. Ihre Meinung ist uns wichtig: www.handelsblatt.com/zufriedenheit Wir sehen eine Verschärfung der Lage in Israel und Gaza, was den Ölpreis um rund 4% anfacht. Marktteilnehmer dürften vor dem Wochenende erneut Zurückhaltung üben. Was die vor Handelsstart gemeldeten Ergebnisse betrifft, sehen wir auf breiter Front positive Reaktionen. Wie zu erwarten war, können die Quartalszahlen der Großbanken die stark gesenkten Ziele der Analysten übertreffen. Dazu gehören neben der Citigroup auch J.P. Morgan, Wells Fargo und PNC Financial. BlackRock steht vor allem wegen der überraschend hohen Kapitalabflüsse unter Druck. Absatz des Finanzsektors kann auch United Health von soliden Ergebnissen und angehobenen Aussichten profitieren. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/3tUqoRm * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung

Chris Holman welcomes back Kurt J. Rankin vice president and senior economist for The PNC Financial Services Group, Pittsburgh, PA, to discuss the CPI report. Kurt, how is inflation or the CPI Year-over-Year? Topline Consumer Price Index (CPI) undercut market expectations for May 2023 how did things shape up with June's numbers? Core CPI, less Food & Energy, were stubbornly remaining above expectations in May 2023, did anything change there? Food Away from Home continues to outpace Food at Home price growth, what does this reveal about consumer spending demand & habits? Shelter prices posted another large gain for May 2023, did that ease any in June? What are the bright spots? Is the Fed's activity having any impact on Consumer Price Index (CPI) inflation? » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/channel/UCqNX… » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

In this video, we'll perform a PNC stock analysis and figure out what PNC Financial Services Group looks like based on the numbers. We'll also try to figure out what a reasonable fair intrinsic value is for PNC Financial Services Group. And answer is PNC Financial Services Group one of the best bank stocks to buy at the current price? Find out in the video above! Global Value's PNC Financial Services Group stock analysis. Check out Seeking Alpha Premium and score a 14-day free trial. Plus all funds from affiliate referrals go directly towards supporting the channel! Affiliate link - https://www.sahg6dtr.com/H4BHRJ/R74QP/ If you'd like to try Sharesight, please use my referral link to support the channel! https://www.sharesight.com/globalvalue (remember you get 4 months free if you sign up for an annual subscription!) Discover new investing resources and directly support the channel by shopping my Amazon storefront! All commissions are reinvested to improve the quality of videos! https://www.amazon.com/shop/globalvalue PNC Financial Services Group ($PNC) | PNC Financial Services Group Stock Value Analysis | PNC Financial Services Group Stock Dividend Analysis | PNC Dividend Analysis | $PNC Dividend Analysis | PNC Financial Services Group Intrinsic Value | PNC Intrinsic Value | $PNC Intrinsic Value | PNC Bank Intrinsic Value | PNC Financial Services Group Discounted Cash Flow Model | PNC Financial Services Group DCF Analysis | PNC Discounted Cash Flow Analysis | PNC DCF Model #PNC #PNCBank #PNCstock #bankstocks #bankcrisis #stockmarket #dividend #stocks #investing #valueinvesting (Recorded May 29, 2023) ❖ MUSIC ❖ ♪ "Lift" Artist: Andy Hu License: Creative Commons Attribution 3.0 ➢ https://creativecommons.org/licenses/by/3.0/legalcode ➢ https://www.youtube.com/watch?v=sQCuf...

In der heutigen Folge „Alles auf Aktien“ sprechen die Finanzjournalisten Daniel Eckert und Holger Zschäpitz über das schwindende Momentum bei Momentun, die wie geschmiert laufende Berichtssaison an der Wall Street und Margen-Schluckauf bei einer KI-Aktie. Außerdem geht es um Arista Networks, On Semi, NXP Semiconductor, JPMorgan, Wells Fargo, Citi, US Bancorp, PNC Financial, First Republic Bank, Credit Suisse, Bitcoin, Deutsche Bank, Santander, Meta, Microsoft, Alphabet, Amazon, Nvidia, Tesla, iShares MSCI World Momentum ETF (WKN: A12ATF), Xtrackers MSCI World Momentum Factor (WKN: A1103G), iShares MSCI World ETF (WKN: A0HGV0), Lyxor Core MSCI World ETF (WKN: LYX0YD). Wir freuen uns über Feedback an aaa@welt.de. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

First-quarter earnings season kicked off last week to mixed results with CarMax Auto Finance, Chase Auto, PNC Financial and Wells Fargo reporting. In this episode of the Weekly Wrap, Editor Joey Pizzolato, Deputy Editor Amanda Harris and Associate Editor Riley Wolfbauer discuss the top stories for the week ending April 14 and what to expect in the week ahead. 

► Zur Opening Bell+: https://bit.ly/360kochpc * Ein Podcast - featured by Handelsblatt. Helfen Sie uns, unsere Podcasts weiter zu verbessern. Ihre Meinung ist uns wichtig: www.handelsblatt.com/zufriedenheit Die Futures tendieren nach dem verlängerten Wochenende und den robusten März-Arbeitsmarktdaten schwächer. Marktteilnehmer stellen sich auf eine volatile Woche ein. Neben den Verbraucherpreisen und Erzeugerpreisen am Mittwoch und Donnerstag, werden die Einzelhandelsumsätze gemeldet. Außerdem beginnt am Freitag die Berichtssaison, mit den Ergebnissen der Großbanken JP Morgan, Citigroup, Wells Fargo und PNC Financial. Auch BlackRock meldet an dem Tag Zahlen. Die Nachrichtenlage im Tech-Sektor fällt seit Ende letzter Woche negativ aus. Taiwan Semiconductor meldet insbesondere ab März eine Abkühlung der Umsätze, während Samsung Electronics für das erste Quartal eine Ertragseinbruch von 96% in Aussicht stellt. Um Angebot und Nachfrage im Gleichgewicht zu halten, soll die Chip-Produktion gekappt werden. Die Meldung hilft den Aktien von Micron. Was die PC-Branche betrifft, sind die Auslieferungen im ersten Quartal laut dem Marktforscher IDC um 29% gesunken. Vor allem bei Apple sei die Schwäche ausgeprägt gewesen. Investoren sollten beachten, wie stark der Tech-Sektor in diesem Jahr bereits gelaufen ist, mit NVIDIA 85%, Meta 79%, Tesla 50%, Salesforce 45% und AMD 42% im Plus. Apple, Microsoft und Amazon konnten 26% und jeweils 21% zulegen. Rund 90% der Performance des S&P 500 wurde in diesem Jahr durch nur 20 Aktien generiert. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/360kochpc * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung

Marktteilnehmer stellen sich auf eine volatile Woche ein. Neben den Verbraucherpreisen und Erzeugerpreisen am Mittwoch und Donnerstag, werden die Einzelhandelsumsätze gemeldet. Außerdem beginnt am Freitag die Berichtssaison, mit den Ergebnissen der Großbanken JP Morgan, Citigroup, Wells Fargo und PNC Financial. Auch BlackRock meldet an dem Tag Zahlen. Die Nachrichtenlage im Tech-Sektor fällt seit Ende letzter Woche negativ aus. Taiwan Semiconductor meldet insbesondere ab März eine Abkühlung der Umsätze, während Samsung Electronics für das erste Quartal eine Ertragseinbruch von 96% in Aussicht stellt. Um Angebot und Nachfrage im Gleichgewicht zu halten, soll die Chip-Produktion gekappt werden. Die Meldung hilft den Aktien von Micron. Was die PC-Branche betrifft, sind die Auslieferungen im ersten Quartal laut dem Marktforscher IDC um 29% gesunken. Vor allem bei Apple sei die Schwäche ausgeprägt gewesen. Investoren sollten beachten, wie stark der Tech-Sektor in diesem Jahr bereits gelaufen ist, mit NVIDIA 85%, Meta 79%, Tesla 50%, Salesforce 45% und AMD 42% im Plus. Apple, Microsoft und Amazon konnten 26% und jeweils 21% zulegen. Rund 90% der Performance des S&P 500 wurde in diesem Jahr durch nur 20 Aktien generiert. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

It's Tuesday, March 21st, the first day of Spring, A.D. 2023. This is The Worldview in 5 Minutes heard at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Libya sentenced Christian convert from Islam to death Libya has gotten tougher on Christians.   Bibles are severely restricted; they are brought into the country with extreme difficulty and risk. For Christians, Libya is the fifth most dangerous country in the world on the Open Doors World Watch List.   Pray for a young man named Dhiaa al-Din Ahmed Miftah Balao. He was found guilty of leaving the Muslim faith to embrace the Christian faith, and sentenced to death last September. Who is funding Back Lives Matter and other leftist groups? The Claremont Institute just released their Black Lives Matter movement and related causes funding database — tracking donations to liberal revolutionary causes.  And, survey says, Silicon Valley Bank contributed $71 million to these causes. Black Lives Matter has received $832 million from leftist big money. Altogether, the leftist organizations have received $83.1 billion. The largest financiers of leftist causes in the U.S. are JP Morgan, Bank of America, Exelon Utilities in Chicago, Goldman Sachs, Bankcorp, Starbucks, Citigroup, PNC Financial, Facebook, New York Life, BlackRock, CVS Health, and PayPal. First Republic Bank bleeding out First Republic Bank stock is still bleeding out, even after receiving additional deposits of billions from other banking institutions. The stock hovered around $20 yesterday, losing 86% of its value in the last week. Trump expected to be arrested today Former President Donald Trump is expecting to be arrested and arraigned in a Manhattan court today, reports Business Insider.  The Manhattan District Attorney, Alvin Bragg, is suggesting the former president broke the law when he allegedly paid hush money, through an attorney, to cover up an alleged affair with Stephanie Clifford, an actress in disreputable movies bearing sexual content. Bragg has convened a grand jury on the matter — and received testimony thus far from Trump's former attorney Michael Cohen, Stephanie Clifford, and Trump advisors Hope Hicks and Kellyanne Conway. Let us all remember: “No creature is hidden from [God's] sight, but all are naked and exposed to the eyes of Him to whom we must give account.” (Hebrews 4:13) Wyoming bans Abortion Kill Pill Wyoming became the first state to ban the Abortion Kill Pill. Republican Governor Mark Gordon has signed the bill which would make it illegal to “prescribe, dispense, distribute, sell or use any drug for the purpose of procuring or performing an abortion.”   Wyoming has also just become the 18th state to ban boys, pretending to be girls, from competing in women's scholastic sports. Colorado eager to become most pro-abortion state Meanwhile, Colorado, just south of Wyoming, is positioning itself to be the most pro-abortion state in the country. The Colorado legislature is considering a bill to require insurance plans to provide coverage for the total cost of abortion care without copayments or policy deductibles.   Another bill would protect out-of-state patients, who wish to kill their babies in Colorado or pursue attempts to deface their God-given gender, from prosecution elsewhere.  Yet another Colorado bill would prevent a health-care provider from providing, prescribing, administering, or attempting medication abortion reversal. Plus, it further regulates advertising efforts on the part of pro-life centers in the state.  Amazon set to cut 9,000 jobs Amazon is planning another round of 9,000 job cuts, reports the Financial Times. This takes the number of tech job cuts to 139,000 in the first two and a half months of 2023. And, according to Layoffs.fyi, there were 161,000 layoffs in 2022. Companies laying off the most employees thus far this year include Meta at 21,000, Amazon at 19,000, and Google at 12,000.  25,000 people in Greece protest deadly train crash Civil unrest is on the rise in countries around the world.   (Sounds of petrol bombs and protesters in Greece) Those are the sounds of petrol bombs and launching tear gas canisters in Greece, reports Reuters. About 25,000 people faced off with the police in Athens — protesting a train crash that killed 57 people last month.  Parisians protest the raising of retirement age from 62 to 64 And these are sounds of more protests on the streets of Paris, France — where some have called it a battleground over the last few nights.  (Sounds of protests in Paris) Apparently, people are angry with French President Emmanuel Macron for increasing the retirement age from 62 to 64 -- without a vote. Other large protests over the last week have occurred in Great Britain, Israel, Venezuela, and South Korea.  The Carnegie Endowment Global Protest Monitor has already documented 15 protests per month this year. By contrast, the monitor identified 58 significant protests related to economic issues in 2022, and 16 in 2021.  God's precipitation And finally, God sends precipitation on the just and the unjust in His common grace.   The Colorado snowpack this year stands at 129% of average. The snowpack is the mass of snow on the ground that is compressed and hardened by its own weight. In addition, Minneapolis, Minnesota endured its eighth snowiest season. And Bismarck, North Dakota and Grand Rapids, Michigan got their third largest snowfalls in history.  Meteorologists are suggesting possible flooding, especially in the Mississippi Valley, come spring time.  Close And that's The Worldview on this Tuesday, March 21st in the year of our Lord 2023. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ. Print story Chinese president and Russian president met in Moscow Big meeting Monday between leaders of two of the most powerful nations on Earth. Chinese President Xi Jinping and Russian President Vladimir Putin met in Moscow, reports CBS News.  Jinping said the countries share the same goals, and “we can cooperate and work together to achieve our goals.”  He did not specify what those goals were.  Estonia's minister of defense Hanno Pevkur tweeted that the EU had decided to give Ukraine one million rounds of 155mm munition for the ongoing conflict with Russia.

Em um movimento dramático no domingo (12), o Tesouro dos Estados Unidos assumiu o comando e forneceu uma salvação para os clientes do Silicon Valley Bank (SVB) protegendo todos os seus depósitos além dos limites federalmente segurados.  Thiago de Aragão, de WashingtonEsta medida foi tomada após o banco PNC Financial recusar qualquer oferta de aquisição do SVB, que atende a uma série de empresas de tecnologia do Vale do Silício. Sem esta ação decisiva do governo americano, estes clientes poderiam ter grandes prejuízos. O SVB era uma potência no mundo financeiro, oferecendo recursos inestimáveis a empresas de tecnologia em setores-chave. Do software empresarial e fintech à tecnologia de fronteira e às ciências da vida, o empreendedorismo floresceu graças, em parte, à instituição, que proporcionava linhas de crédito para as start-ups.A falência de uma instituição financeira como o SVB, que não acontecia desde a crise de 2008, enviou ondas de choque ao mundo financeiro, mostrando que todos os sistemas bancários precisam permanecer vigilantes contra colapsos. Felizmente - embora não sem consequência - o Tesouro dos EUA interveio com uma ação decisiva que deu alguma garantia a outros bancos.Nos próximos dias, a administração Biden deve informar o Congresso sobre as decisões tomadas sobre o SVB, antes de seu colapso. Depois disso, será possível fazer um exame mais profundo do impacto que o banco teve na indústria tecnológica e o que deu errado com a instituição, tão influente no mundo das finanças.Em resposta à recente incerteza financeira, o Tesouro dos EUA pretende implementar medidas de proteção para investidores e clientes, para que episódios de instabilidade como o atual não se repitam no futuro.Parceiro de empresas chinesas e de tecnologiaA queda do SVB deixou muitos fundos de cobertura e empresas de tecnologia chinesas numa situação financeira arriscada. Sem acesso ao mercado americano, estas empresas estão agora desesperadas por financiamento para se manter solventes. O banco tinha se tornado um parceiro importante destas empresas, com os recursos necessários para expandir as suas operações nos EUA e na Europa.As empresas, que antes eram prósperas no Vale do Silício, e seus investidores entraram em pânico devido a um potencial efeito dominó do setor bancário, desencadeado pelo inesperado colapso da SVB. Os bancos devem se armar contra futuros choques financeiros, considerando os riscos de liquidez e flutuações das taxas de juros, bem como de instabilidade sistêmica. Medidas pró-ativas ajudarão a garantir que, independente de crises, as instituições estejam preparadas para resistir.Infelizmente, o colapso do SVB mostrou a rapidez com que uma tempestade pode se materializar, mas ainda há tempo para que outros bancos tomem medidas antes de enfrentar dificuldades semelhantes.

Die Futures an der Wall Street tendieren vor dem US-Opening leicht freundlich. Während die Aktien von United Airlines von den robusten Ergebnissen und Aussichten profitieren, tendieren die Aktien von PNC Financial und J.B.Hunt nach enttäuschenden Zahlen schwächer. Zahlreiche Medienberichte signalisieren, dass Microsoft womöglich noch heute den Abbau von 5% der Belegschaft melden wird. Bewahrheiten sich die Spekulationen, dürften 11.000 Stellen gestrichen werden. Teladoc Health hat vor dem Opening gemeldet, dass 6% der Belegschaft abgebaut werden. Außerdem sollen die Kosten auch in anderen Bereichen reduziert werden. Morgan Stanley stuft heute die Aktien von IBM ab, während die Citigroup die Aktien von Morgan Stanley abstuft. Mike Wilson, Investmentstratege von Morgan Stanley, und Marko Kolanovic, Quant-Stratege von J.P. Morgan, warnen erneut, dass Anleger der seit Jahresauftakt laufenden Rallye nicht mehr hinterherlaufen sollten. Die unlängst guten Nachrichten seien in den Kursen im Wesentlichen reflektiert, und die Risiken einer Rezession, enttäuschender Margen und Ergebnisse, wie auch einer zu stark straffenden US-Geldpolitik, seien nicht unterschätzen. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

► Zur Opening Bell+: https://bit.ly/360kochpc * Ein Podcast - featured by Handelsblatt. Die Futures an der Wall Street tendieren vor dem US-Opening leicht freundlich. Während die Aktien von United Airlines von den robusten Ergebnissen und Aussichten profitieren, tendieren die Aktien von PNC Financial und J.B.Hunt nach enttäuschenden Zahlen schwächer. Zahlreiche Medienberichte signalisieren, dass Microsoft womöglich noch heute den Abbau von 5% der Belegschaft melden wird. Bewahrheiten sich die Spekulationen, dürften 11.000 Stellen gestrichen werden. Teladoc Health hat vor dem Opening gemeldet, dass 6% der Belegschaft abgebaut werden. Außerdem sollen die Kosten auch in anderen Bereichen reduziert werden. Morgan Stanley stuft heute die Aktien von IBM ab, während die Citigroup die Aktien von Morgan Stanley abstuft. Mike Wilson, Investmentstratege von Morgan Stanley, und Marko Kolanovic, Quant-Stratege von J.P. Morgan, warnen erneut, dass Anleger der seit Jahresauftakt laufenden Rallye nicht mehr hinterherlaufen sollten. Die unlängst guten Nachrichten seien in den Kursen im Wesentlichen reflektiert, und die Risiken einer Rezession, enttäuschender Margen und Ergebnisse, wie auch einer zu stark straffenden US-Geldpolitik, seien nicht unterschätzen. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/360kochpc * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung

Bank of America, Chase Auto, Citizens Bank, Fifth Third Bank, Huntington Bank, PNC Financial, U.S. Bank and Wells Fargo have all reported sequential declines in outstandings for Q3. Citizens Bank recorded the largest quarter-over-quarter decline at 5.1%. Alternatively, Ally Financial and Truist are the only institutions to report sequential increases at 2.2% and 2.9%, respectively. 

Global banks are much better positioned from a capital and liquidity perspective than they were heading into the 2008 financial crisis, yet pockets of concern are beginning to percolate. Bloomberg Intelligence's analysis suggests solid credit quality is supported by considerable liquidity, but potential funding needs for U.S. Bancorp, PNC Financial, Truist and Mitsubishi UFJ may create bond-pricing anomalies, while Credit Suisse's ultimate fate is a major question mark. In this Credit Chat edition, Senior US, European and Asia Bank Analysts Arnold Kakuda, Jeroen Julius and Pri de Silva join Robert Schiffman, to share their views on bank balance-sheet flexibility, rising funding needs and increased volatility of bond and credit-default swap prices.

In this Real Estate News Brief for the week ending August 13, 2022… a surprise inflation report, how that might impact mortgage rates, and a solution for the housing crisis involving women and immigrants.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic NewsWe begin with economic news from this past week. The report on the Consumer Price Index, or CPI, shows a bigger-than-expected decline in July. According to the Labor Department, the annual rate of inflation dropped from 9.1% to 8.5%. Economists surveyed by Dow Jones had expected a reading of 8.7%. The decrease was mostly due to a big drop in gas prices. The core rate, which omits prices for fuel and food, was also better than expected at 5.9%. (1)Producer prices also put on the brakes in July. That index was down .5% after a 1% jump in June. As reported by Market Watch, it's the first drop in producer prices since April of 2020. (2)Jobless claims were up by about 14,000 to a total of 262,000 new claims for the week. There's been a slow increase in applications as the Fed tightens its monetary policy and companies tighten their belts, slightly. Stuart Hoffman at PNC Financial told CNBC: “The rise in initial claims since early April is a cool breeze blowing over a hot labor market.” Continuing claims also rose to a total of about 1.43 million. (3)Consumers are feeling a little better about the economy because of falling gas prices. The University of Michigan's Consumer Sentiment Index was up four points to 55.1 in August. MarketWatch reports that lower gas prices have put consumers in a better mood but they are still concerned about the cost of things like food and rent. (4)Mortgage RatesMortgage rates also jumped back over 5% last week. Freddie Mac says the average 30-year fixed-rate mortgage rose 21 basis points to 5.22%. The 15-year was 4.59%.Freddie says: “Although rates continue to fluctuate, recent data suggests that the housing market is stabilizing as it transitions from a surge of activity during the pandemic to a more balanced market.” (5)In other news making headlines…NAR: Mortgage Rates May Have Topped OutThe latest inflation reports have led some economists to believe that we won't see mortgages go much higher than they are now. The Chief Economist for the National Association of Realtors, Lawrence Yun, believes that the worst of the situation is now behind us. (6)He said in a realtor.com blog: “If there is a sustained decline in gasoline prices and more production of apartments and single-family homes, consumer prices will pull back, encouraging the Federal Reserve policy to be less aggressive.” And that: “Mortgage rates will fall.”Auction.com: Foreclosure Spike ExpectedForeclosure activity is expected to increase over the next 12 months, as pandemic-related protections expire for seriously delinquent homeowners. The information comes from a survey by Auction.com with dozens of clients. (7)The survey shows that nine in 10 mortgage servicers are expecting more foreclosures. 74% expect a “slight increase” while 15% expect a “substantial increase.”The expected foreclosure rate is below historical averages nationwide but some clients expect 30% or more of their delinquent inventory to end up in foreclosure. The survey shows that the loans most likely to foreclose are government-insured loans and properties in the Midwest.Women & Immigrants to the Rescue!Getting more women and immigrants interested in the construction industry could help solve the housing crisis. Home builders have been dealing with a severe labor shortage, and a Harvard researcher told members of Congress recently, that the industry could expand its workforce by promoting the industry to women and immigrants. (8)Harvard's Christopher Herbert says the industry is “overwhelmingly male” and needs more women on the job. He also pointed out that 20 years ago “we built two million homes a year… and a lot of that was through immigration.” Currently, about 25% of workers are immigrants although some states, like California and Texas, have a much higher percentage. About 11% of construction workers are women.That's it for today. If you'd like to read more about any of these topics, check the show notes (below) for links at newsforinvestors.com. And please remember to hit the subscribe button, and leave a review!If you haven't yet joined RealWealth, please sign up. It's free and will give you access to our members-only Investor Portal where you'll find data on specific markets, the property teams that we work with, and other resources. Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.marketwatch.com/story/coming-up-u-s-july-cpi-data-due-at-8-30-am-eastern-11660132986?mod=mw_latestnews2 -https://www.marketwatch.com/story/u-s-producer-prices-moderate-in-july-11660221842?mod=bnbh_mwarticle3 -https://www.marketwatch.com/story/u-s-jobless-claims-move-higher-in-latest-week-continuing-recent-trend-11660222483?mod=economic-report4 -https://www.marketwatch.com/story/falling-gas-prices-buoy-consumer-sentiment-temper-inflation-expectations-11660313127?mod=newsviewer_click5 -https://www.freddiemac.com/pmms6 -https://magazine.realtor/daily-news/2022/08/11/yun-slowing-inflation-suggests-mortgage-rates-have-topped-out7 -https://www.housingwire.com/articles/expect-a-foreclosure-spike-in-the-coming-months/8 -https://www.marketwatch.com/story/the-solution-to-the-labor-shortage-in-construction-more-women-and-immigrants-says-harvard-researcher-11657823746?mod=real-estate-construction

Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.

Last week, second-quarter earnings season kicked off with Chase Auto, PNC Financial and Wells Fargo Auto reporting drops in auto loan production, painting a less-than-optimistic outlook for the industry marked by on-going inventory shortages and rising interest rates. In this episode of the Weekly Wrap, the Auto Finance News editors discuss the top stories for the week ended July 8, and what to expect in the week ahead.

Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.

Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.

Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.

Auto finance institutions including Ally Financial, CarMax Auto Finance, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto kicked off 2022 first-quarter earnings reports last week with varying results as vehicle inventory remains crunched. In this episode of the Weekly Wrap, Auto Finance News Deputy Editor Amanda Harris and Associate Editor Whitney McDonald discuss last week's top stories, and what's to come in the week ahead.

Amanda Agati, Chief Investment Officer of PNC Financial Services Group, is our next guest with Kate Kelly and Jordana Green. The year 2021 has been full of uncertainty, volatility, and change and 2022 is at our doorstep. Amanda has been watching all this very closely as she is responsible for the firm's overall investment strategy, portfolio and risk management, investment solutions, as well as the developments and execution of investment policies. She is a frequent guest on CNBC, CNN, Wall Street Journal and many more. Hear Amanda's valued insight for her 2022 outlook. Plus, catch the famous PNC Christmas Price Index based on the 12 Days of Christmas.

The PNC Financial Services Group Inc Q2 2021 Earnings Call --- Send in a voice message: https://anchor.fm/earningspodcast/message Support this podcast: https://anchor.fm/earningspodcast/support

Last week, an Auto Finance News analysis provided a window into electric vehicle financing trends financed on Vroom's platform, and more banks, such as Fifth Third, PNC Financial and Citizens Bank, posted growth in their auto portfolio on the heels of a global pandemic that was expected to suppress origination volume. In this episode of the Weekly Wrap, Associate Editor Amanda Harris, Chief Executive JJ Hornblass and Editor Joey Pizzolato discuss the top stories for the week ended April 23, and what's to come this week.

PNC Financial Services Group Inc Q1 2021 Earnings call --- Send in a voice message: https://anchor.fm/earningspodcast/message Support this podcast: https://anchor.fm/earningspodcast/support

US sharemarkets rose after the release of strong company earnings and economic data. Morgan Stanley posted stronger-than-expected earnings, but the bank's shares fell 2.8% as it also disclosed an almost US$1 billion loss from the collapse of private fund Archegos. Shares of PNC Financial gained 2.3% after the bank beat estimates for its first-quarter report. The Dow Jones index rose by 165 points or 0.5% and the S&P 500 index gained 0.4% -both closing at record highs. The Nasdaq index added 14 points or 0.1%. For the week, the S&P 500 index rose 1.4%, the Dow Jones index added 1.2% and the Nasdaq index gained 1.1%.    This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial or taxation situation and needs and, if necessary, seek appropriate professional advice. This report is produced by Commonwealth Research based on information available at the time of publishing. We believe that the information in this correspondence is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.

PNC Financial Services Group Inc ( PNC ) Q4 2020 Earnings Call --- Send in a voice message: https://anchor.fm/earningspodcast/message Support this podcast: https://anchor.fm/earningspodcast/support

PNC Financial Services Group Inc. (NYSE: PNC) Q3 2020 earnings call dated Oct. 14, 2020 Full Transcript: https://news.alphastreet.com/pnc-financial-services-group-inc-pnc-q3-2020-earnings-call-transcript/ Corporate Participants: Bryan Gill — Director of Investor Relations William S. Demchak — Chairman, President & Chief Executive Officer Robert Q. Reilly — Chief Financial Officer Analysts: John Pancari — Evercore ISI — Analyst Ken Usdin — Jefferies — Analyst Erika Najarian — Bank of America Merrill Lynch — Analyst Gerald Cassidy — RB Capital Markets — Analyst Bill Carcache — Wolfe Research — Analyst Mike Mayo — Wells Fargo — Analyst --- Send in a voice message: https://anchor.fm/earningspodcast/message Support this podcast: https://anchor.fm/earningspodcast/support

This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances for credit losses despite a dip in delinquencies and charge-off rates, a trend the banks are largely attributing to robust deferral programs aimed to slow the economic damage wrought by COVID-19. In fact, many auto lenders have now transitioned to case-by-case deferral programs to help consumers with payments. Still, there is concern that the repossession industry may not be equipped to handle an expected increase in attempted recoveries due to the coronavirus pandemic.

Gus Faucher- Chief Economist with PNC Financial- The Corona Virus and the Economy

Joyce welcomes Greg Pollock,vice president of Human Resources and Accessibility Officer at PNC Financial Services. He currently works at PNC's corporate headquarters in Pittsburgh, PA.. He will discuss the commitment of of PNC to hire a diverse workforce, including those with disabilities.

Joyce welcomes Steven Van Wyk, executive vice-president and head of technology and operations, with The PNC Financial Services Group, to the show. Mr. Van Wyk will discuss the commitment at PNC from the top management, and throughout the organization to hire people with disabilities to enhance their workforce. He will also share his background in Denmark and explain its views on employing people with disabilities and how that is different from the United States.

Joyce welcomes Steven Van Wyk, executive vice-president and head of technology and operations, with The PNC Financial Services Group, to the show. Mr. Van Wyk will discuss the commitment at PNC from the top management, and throughout the organization to hire people with disabilities to enhance their workforce. He will also share his background in Denmark and explain its views on employing people with disabilities and how that is different from the United States.

Trading Block: U.S. stocks rally from 3-Month lows as energy, healthcare lead. Goldman plans to cut up to 10% of fixed-income traders, salespeople. Before the bell: JP Morgan Chase. What crisis? JPMorgan Chase reports $5.4 billion profit. After the bell: Intel Corporation. ATM Straddle - $1.45, ADV 72K contracts, today: 115K. Odd Block: Puts trade in Fiat Chrysler Auto NV (FCAU), calls trade in KKR and Co. LLP (KKR), and calls trade in Blackstone Group (BX) Mail Block: Listener questions and comments Question from Kddidy - Thanks for answering my questions! I want to protect a stock position with puts at a strike 2% below market but there is not a strike there. I thought of dividing my purchase between two different strikes to get an average of 2% but I do not want all the guys to call me stupid. Mom always said I was a genius but it is hard to feel like one when buying something called a Put Stupid. What should I do instead? Regards, Mr. Smart Question from Mark B. - How would u have structured the short stock hedged by long calls trade that made 10 milly on OB 477? Around the Block: Earnings season kicks off: The Big Banks: Citigroup Inc., Blackrock, PNC Financial, US Bancorp, and Wells Fargo and Company

Trading Block: U.S. stocks rally from 3-Month lows as energy, healthcare lead. Goldman plans to cut up to 10% of fixed-income traders, salespeople. Before the bell: JP Morgan Chase. What crisis? JPMorgan Chase reports $5.4 billion profit. After the bell: Intel Corporation. ATM Straddle - $1.45, ADV 72K contracts, today: 115K. Odd Block: Puts trade in Fiat Chrysler Auto NV (FCAU), calls trade in KKR and Co. LLP (KKR), and calls trade in Blackstone Group (BX) Mail Block: Listener questions and comments Question from Kddidy - Thanks for answering my questions! I want to protect a stock position with puts at a strike 2% below market but there is not a strike there. I thought of dividing my purchase between two different strikes to get an average of 2% but I do not want all the guys to call me stupid. Mom always said I was a genius but it is hard to feel like one when buying something called a Put Stupid. What should I do instead? Regards, Mr. Smart Question from Mark B. - How would u have structured the short stock hedged by long calls trade that made 10 milly on OB 477? Around the Block: Earnings season kicks off: The Big Banks: Citigroup Inc., Blackrock, PNC Financial, US Bancorp, and Wells Fargo and Company