Blogs about NCC - Stockpickr! Your Source for Stock Ideas

Blogs about NCC

Blogs	Description	Date Updated
National City in Buyout Talks	One really has to think this was only a matter of time... The WSJ Reports:As the scramble to resolve the Wachovia (WB) situation continues (Wells Fargo (WFC) and Citigroup (C) are sorting it out), National City Corp. (NCC) , a Cleveland-based regional bank crippled by bad real-estate loans, is in talks with a number of banks about a possible sale, people familiar with the situation said.Among the potential buyers are PNC Financial Services Group Inc. (PNC), a Pittsburgh-based lender that has dod...	October 09, 2008
More on National City (video)	Here is more on the recent purchase of National City (NCC) shares. Disclosure ("none" means no position):Long NCCVisit the ValuePlays Bookstore for Great Investing Books Enter your Email Preview \| Powered by FeedBlitz...	October 01, 2008
Buying National City	Bought shares of National City this morning at $2. Here is why. National City has said it has no exposure to adjustable rate mortgages and exposure to residential market is substantially less than Wachovia (WB) and Washington Mutual (WM). Q2 results (ending 6/30) were as follows:* Net Loss of $1.8 Billion Driven By Actions to Increase Loss Reserves on Liquidating Loan Portfolios; Includes $1.1 Billion After-Tax Non-Cash Goodwill Charge Related to Previous Acquisitions — No Effect on Regulator...	October 01, 2008
Wells Fargo in Lead For Wachovia, "Bailout" Necessary?	At the rate this is going, the "bailout" may not be necessary. Last week JP Morgan (JPM) swallowed Washington Mutual (WM) and now it appears Wells Fargo (WFC) has the inside track to acquire Wachovia (WB).The WSJ Reports:The troubles at Wachovia, based in Charlotte, N.C., and of Fortis, based in Utrecht and Brussels, signal the first time that major commercial banks are now at risk of being forced into sales or breakups since the onset of the credit crisis a little more than a year ago. Wachovia...	September 29, 2008
Jim Cramer’s Lightning Round	Bullish AT&T (T), Verizon (VZ), Barrick Gold (ABX), Yamana Gold (AUY), Exelon (EXC), El Paso (EP), Nucor (NUE) and SandRidge Energy (SD) Bearish EMC (EMC), American Express , National City (NCC) and Annaly Mortgage (NLY). Chat and share ideas with the best small cap traders LIVE each day free at Stocknetworkonline.com...	September 21, 2008
Jim Cramer’s Lightning Round & Sudden Death	Lightning Round Bullish Research In Motion (RIMM), Wachovia (WB), US Bancorp (USB), Chemical Financial (CHFC) and TiVo (TIVO). Bearish Valero Energy (VLO) and National City (NCC). Sudden Death Cramer was bullish on FMC Corp (FMC) and bearish on MEMC Electronics (WFR) and Seaspan Corp (SSW). Chat and share ideas with the best small cap traders LIVE each day free at Stocknetworkonline.com...	September 10, 2008
Worst 10-year performers: National City mauled by mortgage meltdown	Filed under: Major movement, Bad news, S and P 500, HousingIn this series, we take a look at the 25 stocks on the S&P 500 Index (SPX) that have turned in the worst performance during the past decade -- what went wrong, and what happens next. The suspense is over -- National City Corporation (NYSE: NCC) is the fourth and final Ohio-based regional bank to appear on our list of laggards. Based out of Cleveland, National City appeared to be faring well in the late 1990s. The bank had just compl...	July 31, 2008
Naked Shorting Judgement Day - Tuesday	Cramer pointed out to investors that on Tuesday the Securities and Exchange Commission (SEC) will decide if the “emergency rule” against naked short-selling should continue with 19 bank stocks. Cramer said that no stock should be victimized by naked shorting, not just the banks. He warned investors that if the SEC gets rid of the emergency rule the hedge funds will come back and bang the financial stocks lower again. Cramer said that he supports the rule and hopes the SEC will extend...	July 28, 2008
Financials......Is it for Real?	I think it depends on what you own..Just as I am skeptical when something falls 49% in a couple days barring extreme circumstances I am equally un-enthused when the converse happens. Watch the following discussion: Now, holders in JP Morgan (JPM) and Wells Fargo (WFC) can be assured that the rally in their share is for real for the simple reason that the sell-off in them was far overdone. A word of caution, this isn't really so much a rally of enthusiasm that "bad news is done" as much as it is...	July 18, 2008
Cramer Slams WSJ Columinst Jason Zweig	“It’s time to unlearn a common myth about investing,” Jim Cramer told fans of his “Mad Money” TV show Monday. “The best way to invest is not to buy a bunch of stocks and just sit on them,” he said. Cramer explained the view that trading frequently costs too much is just false. He said commission have been very cheap for years and the taxes on gains is a good thing because it means you made money. Cramer criticized Wall Street Journal columnist Jason Zwei...	July 14, 2008

Enter search text here: