China’s growth slows as officials try to reassure investors [Advisor.ca (Canada)]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: Advisor.ca
The world’s second-largest economy already was cooling before a tariff war between Beijing and President Donald Trump erupted. Beijing tightened controls on lending last year to rein in a debt boom. That has weighed on housing sales and consumer spending. Car buyers are steering clear of dealerships. Credit controls and trade tensions are “taking a bite out of economic momentum,” said Bill Adams of PNC Financial Services Group in a report. The impact of Trump’s penalty tariffs of up to 25% on Chinese goods in a dispute over Beijing’s technology policy has been limited. But with the rest of their $12 trillion-a-year economy slowing, the communist leaderships has reversed course and ordered banks to lend. “Downward pressure has increased,” a government spokesman, Mao Shengyong, said at a news conference. Officials led by China’s economic czar, Vice Premier Liu He, tried Friday to reassure investors about a stock market that has sagged 30% since January. The decline is “creatin
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- PNC Reports First Quarter 2024 Net Income of $1.3 Billion, $3.10 Diluted EPS, or $3.36 Excluding a $130 Million FDIC Special Assessment [Yahoo! Finance]Yahoo! Finance
- PNC Reports First Quarter 2024 Net Income of $1.3 Billion, $3.10 Diluted EPS, or $3.36 Excluding a $130 Million FDIC Special AssessmentPR Newswire
PNC
Earnings
- 4/16/24 - Beat
PNC
Sec Filings
- 4/16/24 - Form 8-K
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- PNC's page on the SEC website