Want to join the conversation?
In 2Q16, $PNC said net interest income declined by $30MM versus 1Q16, primarily due to lower purchase accounting accretion. Total non-interest income increased by 10% linked-qtr. primarily due to strong customer-driven activity in all fee categories. Non-interest expense grew 3% versus 1Q16 as expenses continue to be well-managed.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.