Technical Analysis on Citigroup Inc. and PNC Financial Services

Technical Analysis on Citigroup Inc. and PNC Financial Services Group
Inc. -- Positive Trends for Money Center Banks in the Third Quarter 
NEW YORK, NY -- (Marketwire) -- 11/05/12 --  For companies operating
in the money center banks industry, such as The PNC Financial
Services Group Inc. and Citigroup Inc., the recent disruptions caused
by Super-storm Sandy have made quite a stir. As offices in the area
begin to open up once again, a number of industry players have
recently announced their commitment to waiving and refunding a
variety of fees for the affected period. has initiated
technical analysis on Citigroup Inc. (NYSE: C) and The PNC Financial
Services Group Inc. (NYSE: PNC) which serves the Money Center Banks
industry. These reports are free upon registration. Rest assured that
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Stronger economic growth is important to money center banks, but the
wider effect of the hurricane on the economic recovery in the U.S.
remains unclear. Estimates predict a $25 billion cut in output for
the fourth quarter, as millions of employees were forced to stay home
and innumerable businesses shut down. Read our technical analysis on
Citigroup Inc. by clicking on  
During the third quarter, money center banks like The PNC Financial
Services Group seem to have enjoyed some positive trends. However,
some were negatively impacted by one time charges and higher mortgage
repurchase costs. Many continue to report modest loan growth and
improved non-interest income, while in some cases strong mortgage
banking results have also propelled companies forward. Investors
looking for technical analysis on The PNC Financial Services Group
Inc. are encouraged to use the link below  
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