| Date | Title | | 12/22/05 | National City Corporation and Allegiant Capital Trust II Announce Fourth Quarter Dividend on Trust Preferred Securities| CLEVELAND, Dec 22, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- National City Corporation
(NYSE: NCC) and its subsidiary, Allegiant Capital Trust II, (Nasdaq: ALLEP)
today announced the payment of the dividend on the Trust's 9.0% Cumulative
Trust Preferred Securities. The dividend of $0.5625 per trust preferred
security, liquidation amount $25 per security, is payable on December 30, 2005
to record holders at the close of business on December 27, 2005.
(Logo: http://www.newscom.... |
| | 12/22/05 | National City to Expand Presence in St. Louis| Agreement Reached to Acquire Forbes First Financial Corporation
CLEVELAND, Dec. 22 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today announced that it will further expand its presence in St.
Louis through a definitive agreement to acquire the privately held Forbes
First Financial Corporation. Terms of the cash transaction -- expected to
close in the second quarter of 2006 -- were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATION... |
| | 12/19/05 | National City To Hold Fourth Quarter and 2005 Earnings Conference Call| CLEVELAND, Dec. 19 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) expects to report its fourth quarter and 2005 earnings the morning
of January 17, 2006. Supplemental financial data will be available at the
time of release.
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National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Tuesday, January 17, 2006 to discuss the fourth
quarter and 2005 ... |
| | 12/19/05 | TIMOTHY R. FITZWATER ANNOUNCES RETIREMENT AFTER DISTINGUISHED 36-YEAR CAREER WITH NATIONAL CITY — DAVID P. BOYLE NAMED PRESIDENT AND CEO OF NATIONAL CITY NORTHEAST OHIO | Garry L. Mrozek Adds Responsibility as Northeast Ohio Market Executive for Natonal City's Private Client Group
AKRON, OH – DECEMBER 19, 2005 – Timothy R. Fitzwater, president and chief executive officer of National City Bank, Northeast Ohio, has announced his retirement, effective in June 2006. Fitzwater, a 36-year veteran of National City, has led the bank's Northeast Ohio region for the past eight years. He will be succeeded by David P. Boyle, who currently serves as president and chief... |
| | 12/13/05 | National City Corporation Raises Prime Rate to 7.25%| CLEVELAND, Dec. 13 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 7.00 percent to 7.25 percent, effective immediately. The rate
was last changed on November 1, 2005, when National City raised its prime rate
from 6.75 percent to 7.00 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), ... |
| | 12/13/05 | National City Files Mid-Quarter Financial Update With SEC| CLEVELAND, Dec. 13 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) filed a Current Report on Form 8-K with the United States
Securities and Exchange Commission today. The report includes selected
monthly financial and operating statistics through November 2005, as well as
commentary on current trends. The complete text of the filing is available at
http://www.nationalcity.com.
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About Nat... |
| | 12/13/05 | NATIONAL CITY CORPORATION APPOINTS DANIEL J. FRATE AS EXECUTIVE VICE PRESIDENT | CLEVELAND — December 13, 2005 — National City Corporation (NYSE: NCC) has announced the appointment of Daniel J. Frate as executive vice president.
Frate joined National City in 2003 in the Consumer and Small Business Financial Services retail banking unit, where he managed the retail product line. In his new role as an executive vice president of the Corporation, Frate oversees National City's seven-state retail network of more than 1,200 branches, with continued responsibility for the com... |
| | 12/09/05 | Housing Overvaluations Increase During Third Quarter| 38% of Housing Stock 'Extremely Overvalued' in Global Insight/National City
Housing Valuation Analysis of Top 299 Metro Areas
WALTHAM, Ma. and CLEVELAND, Dec. 9 /PRNewswire-FirstCall/ -- The third-
quarter update of the Global Insight/National City Housing Valuation Analysis
released today shows 38% of the top 299 metro housing markets are extremely
overvalued and at risk for a price correction. The number of extremely
overvalued markets actually declined to 65 from 67 i... |
| | 12/08/05 | TERRI HAMILTON BROWN JOINS NATIONAL CITY AS HEAD OF CORPORATE DIVERSITY| CLEVELAND—December 8, 2005—National City Corporation (NYSE: NCC) is pleased to announce that Terri Hamilton Brown has joined National City as head of Corporate Diversity. In her new role, Brown acts as the single point of contact for National City's diversity and workforce inclusion programs, policies and procedures.
“We're proud Terri has decided to join our team,” said Dave Daberko, chairman and CEO, National City Corporation. “Terri's new role underscores our commitment to developing and i... |
| | 12/05/05 | NATIONAL CITY IN MICHIGAN APPOINTS FINANCIAL SERVICES VETERAN TED M. PARKER AS PRESIDENT AND CEO| DETROIT — December 5, 2005 — National City Corporation (NYSE: NCC) today announced the appointment of financial services veteran Ted M. Parker as president and chief executive officer for National City in Michigan. Parker, who joined National City in 1988, most recently served as chairman and chief executive officer of Allegiant Asset Management Company, a wholly owned, indirect subsidiary of National City.
“Ted is a seasoned executive with an extraordinary track record of success in a nu... |
| | 12/05/05 | NATIONAL CITY PROMOTES JOHN G. ABUNASSAR TO PRESIDENT AND CEO OF ALLEGIANT ASSET MANAGEMENT COMPANY| CLEVELAND – DECEMBER 5, 2005 – National City Corporation (NYSE: NCC) today announced the promotion of John G. Abunassar to chief executive officer of Allegiant Asset Management Company.
“John is highly qualified to serve as the senior executive of Allegiant Asset Management,” said National City Vice Chairman Jeffrey D. Kelly. “He brings a depth of experience, proven leadership and a track record of driving growth as Allegiant strives to become a world-class asset management firm. I look f... |
| | 11/29/05 | National City Corporation to Present at the Goldman Sachs Financial Services CEO Conference| CLEVELAND, Nov 29, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- David A. Daberko, Chairman &
CEO, and Jeffrey D. Kelly, Vice Chairman & CFO of National City Corporation
(NYSE: NCC), will present at the Goldman Sachs Financial Services CEO
Conference to be held in New York City on Tuesday, December 6, 2005 at
approximately 2:15 p.m. ET. Messrs. Daberko and Kelly will update the
listening audience on National City's business strategies.
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| | 11/29/05 | National City Corporation and Provident Capital Trust III Announce Redemption and Final Interest Payment| CLEVELAND, Nov. 29 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) and its subsidiary, Provident Capital Trust III, today announced
the redemption and final quarterly interest payment on the Trust's 10.25%
Trust Preferred Securities, payable on December 30, 2005 to record holders at
the close of business on December 28, 2005. The redemption will be at 100% or
$25 per capital security.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Abo... |
| | 11/15/05 | National City Announces Decision to Exit Indirect Retail Auto and Motorsports Lending Business| Quantifies Charges Expected for Fourth Quarter
CLEVELAND, Nov. 15 /PRNewswire-FirstCall/ -- National City Corporation
today announced its decision to exit the indirect retail auto and motorsports
lending business. Continued low returns and volume challenges were the
primary factors in the company's decision.
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National City will continue to serve the automotive dealer community with
compr... |
| | 11/10/05 | National City Wins 2005 Brandon Hall Excellence in Learning Award| CLEVELAND, Nov. 10 /PRNewswire-FirstCall/ -- The Brandon Hall Excellence
in Learning Awards recently presented National City (NYSE: NCC) with the
Silver Award in the Outstanding Case Study Category for the company's entry
entitled, "Customer Education: A New Application of E-Learning."
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The National City case study focused on a program to inform, train and
convert more than 5,000 corporate customers from o... |
| | 11/09/05 | National City Corporation to Present at The Merrill Lynch Banking & Financial Services Conference| CLEVELAND, Nov. 9 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO and Peter E. Raskind, Vice Chairman of National City Corporation
(NYSE: NCC) will present at the Merrill Lynch Banking & Financial Services
Conference to be held in New York City on Wednesday, November 16, 2005 at 1:10
p.m. ET. Messrs. Daberko and Raskind will update the listening audience on
National City's business strategies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOG... |
| | 11/01/05 | National City Corporation Raises Prime Rate to 7.00%| CLEVELAND, Nov. 1 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 6.75 percent to 7.00 percent, effective immediately. The rate
was last changed on September 20, 2005, when National City raised its prime
rate from 6.50 percent to 6.75 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), ... |
| | 11/01/05 | National City Introduces New Health Savings Account for Individuals with High Deductible Health Plans| Product Available in all National City Branches, Online and by Phone
CLEVELAND, Nov. 1 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) has announced the launch of a new retail Health Savings Account
(HSA) product available for eligible customers with qualified high deductible
health plans. An HSA is an account that provides customers with the
convenience and flexibility to pay for healthcare expenses on a tax-advantaged
basis. The National City HSA product will b... |
| | 10/24/05 | National City Announces Additional Stock Repurchase Authorization| CLEVELAND, Oct. 24, Oct. 24 /PRNewswire-FirstCall/ -- The Board of
Directors of National City Corporation (NYSE: NCC) has authorized the
repurchase of up to 40 million shares of outstanding common stock, subject to
an aggregate purchase limit of $1.6 billion. This new authorization will be
incremental to the previously announced 25 million share repurchase authorized
in December 2004. There are less than two million shares remaining under the
existing authorization. The shares will ... |
| | 10/24/05 | National City Presents U.S. Economic Outlook IV Webcast: Housing in America ... is Boom Over?| Chief economist Richard J. DeKaser discusses current economic climate
CLEVELAND, Oct. 24 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) will hold an informative webcast "U.S. Economic Outlook IV:
Housing in America ... is Boom Over?" on Thursday, November 10, 2005 at
12:00 p.m. ET. National City senior vice president and chief economist
Richard J. DeKaser, ranked by USA TODAY as one of the most accurate economic
forecasters, is returning for the fourth in his seri... |
| | 10/19/05 | PFGI Capital Corporation Confirms Cash Payment on Series A Preferred Stock and Announces Financial Results for the Quarter Ended September 30, 2005| CLEVELAND, Oct. 19 /PRNewswire-FirstCall/ -- PFGI Capital Corporation
announced that the scheduled cash payment on its Series A Preferred
(NYSE: PFGIP.PK) will be paid on November 17, 2005. The distributions,
accruing from August 18, 2005 through November 17, 2005, are payable to
holders of record on November 1, 2005, at a rate of $.4844 per Series A
Preferred stock held.
PFGI Capital Corporation also announced financial results for the quarter
and year-to-date periods ended Se... |
| | 10/19/05 | National City Offers International Trade Strategies Seminar in St. Louis| 'Inside Trade Finance' Seminar Designed to Help Local Businesses Create
Effective Import/ Export Plans
CLEVELAND, Oct. 19 /PRNewswire-FirstCall/ -- The Global Trade and Treasury
division of National City Corporation (NYSE: NCC) will sponsor "Inside Trade
Finance," a one-day, in-person seminar on strategies for competing in the
international marketplace, on Tuesday, November 8, 2005 at National City Bank,
121 South Meramec Avenue, in St. Louis. Thunderbird, T... |
| | 10/18/05 | National City Reports Third Quarter Earnings| CLEVELAND, Oct. 18 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today reported third quarter 2005 net income of $478 million, or
$.74 per diluted share, compared with $591 million, or $ .86 per diluted
share, for the third quarter of 2004. Returns on average common equity and
assets for the three months ended September 30, 2005 were 14.6% and 1.3%,
respectively. For the nine months ended September 30, 2005, net income was
$1.6 billion, or $2.45 per diluted share, c... |
| | 10/13/05 | Extreme Overvaluation in Housing Market Becomes More Pervasive During Second Quarter| Global Insight/National City Housing Valuation Analysis of Top 299 Metro Areas
Sees Increase in At-Risk Markets
WALTHAM, Mass., and CLEVELAND, Oct. 13 /PRNewswire-FirstCall/ -- The
second-quarter update of the Global Insight/National City Housing Valuation
Analysis released today shows the single-family housing market became more
overvalued from the first quarter. Fifty-six of the 299 metropolitan areas
studied, accounting for 32 percent of the total single-famil... |
| | 10/06/05 | National City Strengthens Global Trade and Treasury Capabilities| National City bolsters treasury management for businesses with total strategic investment for ease-of-use; Company will showcase enhanced services for 2006 at AFP Annual Conference, October 9-12
CLEVELAND, Oct. 6, 2005— National City business clients are reaping the benefits of the banks' strategy to ensure that global trade and treasury offerings are making electronic trade and treasury management easier and more complete.
“National City has always believed in doing what is right for o... |
| | 10/03/05 | National City Presents Webcast: Importing, Exporting and Investing in China| CLEVELAND, Oct. 3 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) will hold an informative webcast "Importing, Exporting and
Investing in China" on Thursday, October 6, 2005 at 12:00 p.m. ET.
International finance expert, Alfred Ho who is vice president and manager for
Asia Pacific with the National City international markets and financial
institutions division, will discuss both the opportunities and challenges
while doing business with and in China. He will also shar... |
| | 10/03/05 | National City Declares Quarterly Dividend| CLEVELAND, Oct. 3 /PRNewswire-FirstCall/ --The Board of Directors of
National City Corporation (NYSE: NCC) today declared a $.37 per share cash
dividend on National City common stock payable November 1, 2005 to
stockholders of record October 13, 2005.
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About National City
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio,
is one of the nation's largest financial holding compan... |
| | 09/27/05 | National City Offers International Trade Strategies Seminar in Louisville| 'Inside Trade Finance' Seminar Designed to Help Local Businesses Create Effective Import/Export Plans LOUISVILLE, Ky., Sept 27, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- The Global Trade and
Treasury division of National City Corporation (NYSE: NCC) will sponsor
"Inside Trade Finance," a one-day, in-person seminar on strategies for
competing in the international marketplace, on Thursday,
October 6, 2005 at National City Tower, 101 South Fifth Street in Louisville.
Thunderbi... |
| | 09/26/05 | National City Offers International Trade Strategies Seminar in Detroit| 'Inside Trade Finance' Seminar Designed to Help Local Businesses Create
Effective Import/Export Plans
BIRMINGHAM, Mich., Sept. 26 /PRNewswire-FirstCall/ -- The Global Trade and
Treasury division of National City Corporation (NYSE: NCC) will sponsor
"Inside Trade Finance," a one-day, in-person seminar on strategies for
competing in the international marketplace, on Tuesday, October 4, 2005 at
National City, 1001 South Worth Street in Birmingham, MI. Thunderbi... |
| | 09/26/05 | Premier Networking and Educational Event for Women Business Owners Comes to Kentucky| Registration Opens for Second Women's Economic Development Outreach Tour -
October 17-21
LOUISVILLE, Ky., Sept. 26 /PRNewswire-FirstCall/ -- Women business owners
of Kentucky have the opportunity to participate in a half-day event designed
to connect them with the information and resources to help grow and enhance
their businesses. The second annual Kentucky Women's Economic Development
Outreach Tour (WEDO(SM)) will be coming to the state the week of O... |
| | 09/20/05 | National City Corporation Raises Prime Rate to 6.75%| CLEVELAND, Sept 20, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 6.50 percent to 6.75 percent, effective immediately. The rate
was last changed on August 9, 2005, when National City raised its prime rate
from 6.25 percent to 6.50 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO)
About National City
National City Corporation (N... |
| | 09/19/05 | National City to Hold Third Quarter Earnings Conference Call| CLEVELAND, Sept 19, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- National City Corporation
(NYSE: NCC) expects to report its third quarter 2005 earnings the morning of
October 18, 2005. Supplemental financial data will be available at the time
of release.
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National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Tuesday, October 18th to discuss the third quarter
20... |
| | 09/14/05 | National City Corporation and Allegiant Capital Trust II Announce Third Quarter Dividend on Trust Preferred Securities| CLEVELAND, Sept 14, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- National City Corporation
(NYSE: NCC) and its subsidiary, Allegiant Capital Trust II, (Nasdaq: ALLEP)
today announced the payment of the dividend on the Trust's 9.0% Cumulative
Trust Preferred Securities. The dividend of $0.5625 per trust preferred
security, liquidation amount $25 per security, is payable on September 30,
2005 to record holders at the close of business on September 26, 2005.
(Logo: http://www.n... |
| | 09/12/05 | National City Files Mid-Quarter Financial Update With SEC| CLEVELAND, Sept 12, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- National City Corporation
(NYSE: NCC) filed a Current Report on Form 8-K with the United States
Securities and Exchange Commission today. The report includes selected
monthly financial and operating statistics through August 2005, as well as
commentary on current trends. The complete text of the filing is available at
www.NationalCity.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
... |
| | 09/09/05 | National City Corporation to Present at The Lehman Brothers 2005 Financial Services Conference| CLEVELAND, Sept. 9 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO and Jeffrey D. Kelly, Vice Chairman & CFO of National City Corporation
(NYSE: NCC) will present at the Lehman Brothers 2005 Financial Services
Conference to be held in New York City on Tuesday, September 13, 2005 at
7:45 a.m. ET. Messrs. Daberko and Kelly will update the listening audience on
National City's business strategies.
Interested individuals may access the live audio Web cast and slides used
i... |
| | 09/01/05 | 71 Percent of Midwest Small Business Owners Favorable About Business Outlook and Hiring Plans| August Results of New National City Small Business Confidence Index Also
Reflect Negative Impact of Oil Prices, Possibly a Prelude to Lower Confidence
in Katrina's Wake
CLEVELAND, Sept. 1 /PRNewswire-FirstCall/ -- Seventy-one percent of
Midwestern small business owners are optimistic about economic conditions,
according to a new monthly survey by National City Corporation (NYSE: NCC).
More than 35,000 small businesses have been surveyed since January 2... |
| | 09/01/05 | AMERICAN RED CROSS TO RECEIVE $100,000 FROM NATIONAL CITY FOR HURRICANE KATRINA RELIEF EFFORTS| AMERICAN RED CROSS TO RECEIVE $100,000 FROM NATIONAL CITY FOR HURRICANE KATRINA RELIEF EFFORTS
National City also pledges to match employee contributions up to $400,000
National City also pledges to match employee contributions up to $400,000
CLEVELAND – September 1, 2005 – The American Red Cross, Greater Cleveland Chapter today announced that National City Corporation has committed $100,000 to help victims of Hurricane Katrina. The company also will match employee contributions to th... |
| | 08/26/05 | First Franklin Financial Corporation to Host Conference Call| CLEVELAND, Aug. 26 /PRNewswire-FirstCall/ -- Peter Raskind, Vice Chairman
of National City Corporation (NYSE: NCC) and Andy Pollock, Chief Executive
Officer of First Franklin Financial Corporation will host a conference call on
September 8, 2005 at approximately 8:00 a.m. Pacific Time (11:00 a.m. Eastern
Time) to discuss First Franklin Financial Corporation's business strategies.
The conference call, which will include presentations by various executives
from First Franklin Financial Corpo... |
| | 08/17/05 | 31 Percent of the Housing Market 'Extremely Overvalued' According to New Economic Analysis| National City Examination of Top 299 Metro Areas Shows California and Florida,
with parts of Massachusetts and New York, to have the highest concentration of overvalued markets
CLEVELAND, Aug. 17 /PRNewswire-FirstCall/ -- A study of the top 299 U.S.
real estate markets released today by the economics department of National
City Corporation (NYSE: NCC) concludes that 53 metro areas representing 31
percent of the total U.S. housing market are "extremely overvalued" and
confront a high ... |
| | 08/11/05 | National City Offers International Trade Strategies Seminar in Cleveland| 'Inside Trade Finance' Seminar Designed to Help Local Businesses Create
Effective Import/Export Plans
CLEVELAND, Aug. 11 /PRNewswire-FirstCall/ -- The Global Trade and Treasury
division of National City Corporation (NYSE: NCC) will sponsor "Inside Trade
Finance," a one-day, in-person seminar on strategies for competing in the
international marketplace, on Wednesday, August 24, 2005 at the National City
Operations Center in Highland Hills, 23000 Mill Creek Boul... |
| | 08/09/05 | National City Corporation Raises Prime Rate to 6.50%| CLEVELAND, Aug. 9 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 6.25 percent to 6.50 percent, effective immediately. The rate
was last changed on June 30, 2005, when National City raised its prime rate
from 6.00 percent to 6.25 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), headqua... |
| | 08/04/05 | Rescheduled: National City Presents U.S. Economic Outlook III Webcast: Housing overvaluation pervasive or not?| Chief Economist Richard J. DeKaser Discusses Current Economic Climate CLEVELAND, Aug 04, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) has rescheduled the informative webcast "U.S. Economic Outlook
III: Housing Overvaluation Pervasive or Not?" for Friday, August 19, 2005, at
12:00 p.m. ET. National City Chief Economist Richard DeKaser, ranked by USA
Today as one of the most accurate economic forecasters, is returning for the
third in his series of quarterl... |
| | 08/02/05 | National City Corporation to Present at the KBW 2005 Large Cap Bank Conference| CLEVELAND, Aug. 2 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO of National City Corporation (NYSE: NCC), will present at the KBW 2005
Large Cap Bank Conference on Monday, August 8, 2005 at approximately 9:15 a.m.
ET (8:15 a.m. CT). Mr. Daberko will update the listening audience on National
City's business strategies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Interested individuals may access the live audio Web cast by visiting the... |
| | 07/28/05 | National City Presents U.S. Economic Outlook III Webcast: Housing Overvaluation Pervasive or Not?| Chief economist Richard J. Dekaser discusses current economic climate
CLEVELAND, July 28 /PRNewswire-FirstCall/ -- 2005-National City
Corporation (NYSE: NCC) will hold an informative webcast "U.S. Economic
Outlook III: Housing Overvaluation Pervasive or Not?" on Thursday, August 11,
2005 at 12:00 p.m. ET. National City Chief Economist Richard DeKaser, ranked
by USA Today as one of the most accurate economic forecasters, is returning
for the third in his series of quarterly webcasts ... |
| | 07/21/05 | PFGI Capital Corporation Announces Optional Remarketing of Income PRIDES(SM) (CUSIP No. 74386X205)| CLEVELAND, July 21 /PRNewswire-FirstCall/ -- PFGI Capital Corporation
announces to the holders of its Income PRIDES(SM) (NYSE: PCEPRI) that they may
elect to have their Preferred Stock, which is a component of the Income
PRIDES(SM), participate in an optional remarketing on August 10, 2005.
Holders of these securities who wish to participate in the remarketing need
not take any action as their securities will be automatically tendered without
further action.
If the remarketing is su... |
| | 07/20/05 | PFGI Capital Corporation Confirms Cash Payment on Income PRIDES(SM), Series A Preferred Stock and Announces Financial Results for the Quarter Ended June 30, 2005| CLEVELAND, July 20, 2005 /PRNewswire-FirstCall via COMTEX/ -- PFGI Capital Corporation
announced that the scheduled cash payment on its Income PRIDES(SM)
(NYSE: PCEPRI) and Series A Preferred (NYSE: PFGIP.PK) will be paid on August
17, 2005. The distributions, accruing from May 18, 2005 through August 17,
2005, are payable to holders of record on August 1, 2005, at a rate of $0.5625
per each Income PRIDES(SM) held and $.4844 per Series A Preferred stock held.
(Logo: http://www.newscom... |
| | 07/15/05 | National City Reports Second Quarter Earnings| CLEVELAND, July 15 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today reported second quarter 2005 net income of $625 million, or
$.97 per diluted share, compared to $519 million, or $.83 per diluted share,
for the second quarter of 2004. Returns on average common equity and assets
were 19.7% and 1.8%, respectively. For the six months ended June 30, 2005,
net income was $1.1 billion, or $1.71 per diluted share, compared to $1.2
billion, or $1.99 per diluted share in th... |
| | 07/14/05 | National City To Hold Second Quarter Earnings Conference Call| CLEVELAND, June 16 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) expects to report its second quarter 2005 earnings the morning of
July 15, 2005. Supplemental financial data will be available at the time of
release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Friday, July 15th to discuss the second quarter
2005 financial results. Int... |
| | 07/11/05 | National City Presents Webcast: The Emergence of Private Equity| Learn about Trends in the Private Equity Market CLEVELAND, July 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) will hold an informative Webcast "The Emergence of Private Equity"
on Thursday, July 14, 2005, at 12:00 p.m. ET. Since 1994, over 900 domestic
private equity groups have raised more than $325 billion. Approximately $100
billion of these funds remain uninvested. J. W. Sean Dorsey, senior managing
director and head of investment banking at Nat... |
| | 07/08/05 | National City Employees Volunteer for Bank's Second Annual Community Appreciation Day in Chicagoland| Branches close early on July 13 so employees can serve charities
CHICAGO, July 8 /PRNewswire-FirstCall/ -- National City (NYSE: NCC) today
announced it will close its Chicagoland branches at 1:00 p.m. on July 13 as
part of its Second Annual Community Appreciation Week occurring July 11
through July 16. Approximately 300 National City employees will spend the
afternoon volunteering at charities in Chicago and the suburban neighborhoods
served by the bank. Cleaning apartments for senio... |
| | 07/01/05 | National City Increases Quarterly Dividend| CLEVELAND, July 1 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) is pleased to announce its Board of Directors today declared a
$.37 per share cash dividend on its common stock, an increase of 5.7% from the
$.35 paid last quarter and the 14th increase in the last 10 years.
The dividend is payable August 1, 2005 to stockholders of record July 11,
2005.
About National City
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio,
is one of ... |
| | 06/30/05 | National City Corporation Raises Prime Rate to 6.25%| CLEVELAND, June 30 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 6.00 percent to 6.25 percent, effective immediately. The rate
was last changed on May 3, 2005, when National City raised its prime rate from
5.75 percent to 6.00 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), headquar... |
| | 06/16/05 | National City To Hold Second Quarter Earnings Conference Call| CLEVELAND, June 16 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) expects to report its second quarter 2005 earnings the morning of
July 15, 2005. Supplemental financial data will be available at the time of
release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Friday, July 15th to discuss the second quarter
2005 financial results. Int... |
| | 06/13/05 | National City Files Mid-Quarter Financial Update With SEC| CLEVELAND, June 13, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) filed a Current Report on Form 8-K with the United States
Securities and Exchange Commission today. The report includes selected
monthly financial and operating statistics through May 2005, as well as
commentary on current trends. The complete text of the filing is available
at www.NationalCity.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About Natio... |
| | 06/08/05 | National City Aligns Asset Management Units Under the Allegiant Name| CLEVELAND, June 8 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) announced today that its Institutional Asset Management business
line will soon adopt the name Allegiant Asset Management Group. Beginning June
13, the Allegiant name will encompass the unit's three distinct organizations:
- National City Investment Management Company (NCIMC) will become
Allegiant Asset Management Company;
- Armada Funds will become Allegiant Funds; and
- Allegiant In... |
| | 06/01/05 | National City Corporation and Allegiant Capital Trust II Announce Second Quarter Dividend on Trust Preferred Securities| CLEVELAND, June 1 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) and its subsidiary, Allegiant Capital Trust II, (Nasdaq: ALLEP)
today announced the payment of the dividend on the Trust's 9.0% Cumulative
Trust Preferred Securities. The dividend of $0.5625 per trust preferred
security, liquidation amount $25 per security, is payable on June 30, 2005 to
record holders at the close of business on June 15, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIO... |
| | 05/24/05 | National City Corporation To Hold Analysts' Conference| CLEVELAND, April 29 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO and the management team of National City Corporation (NYSE: NCC) will hold
its Analysts' Conference on May 26, 2005 in New York City beginning at
approximately 8:00 a.m. ET.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Interested individuals may access the live video Web cast by visiting the
National City Web site at www.NationalCity.com/investorrelations . An option
w... |
| | 05/23/05 | National City Introduces 'Identity Protect' To Help Customers Fight Identity Theft| CLEVELAND, May 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) has introduced "Identity Protect," a new product designed to help
customers fight identity theft. The new product provides subscribing National
City customers with unlimited access to their credit report from all three
credit bureaus, weekly credit monitoring, quarterly credit alerts, identity
theft insurance coverage and identity theft resolution services.
(Logo: http://www.newscom.com/... |
| | 05/19/05 | National City Offers International Trade Strategies Seminar in Chicago| 'Inside Trade Finance' Seminar Designed to Help Local Businesses Create
Effective Import/Export Plans
CHICAGO, May 19 /PRNewswire/ -- The Global Trade and Treasury division of
National City Corporation (NYSE: NCC) will conduct "Inside Trade Finance," a
one-day, in-person seminar on strategies for competing in the international
marketplace, on Tuesday, June 7, 2005. The seminar will be held at National
City Bank, One North Franklin Street in downtown Chicago... |
| | 05/18/05 | National City Opens the Doors to Homeownership for Latinos: Company Signs on to The First American/MSN Latino Finanzas Portal as Preferred Mortgage Lender| National City Takes on the Largely Untapped Latino Market by Offering Its New 'National Dream' Product to Consumers on MSN Latino and in Its Markets CLEVELAND, May 18, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City (NYSE: NCC) and
The First American Corporation (NYSE: FAF) have joined forces to present
National City Mortgage as a preferred mortgage lender on the First
American/MSN Latino "Finanzas" Personal Finance Center, offering National
City's new National Dream Mortgage produc... |
| | 05/16/05 | LaPorte Joins Armada Funds Board of Trustees| CLEVELAND, May 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- Dale C. LaPorte, partner in
the Securities and Capital Markets Group of Calfee, Halter & Griswold LLP,
former chairman of the firm's executive committee from 2000 to 2004, has been
elected to the board of trustees of the Armada Funds.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
"We're very pleased to welcome Dale and look forward to his valuable and
thoughtful perspective," said Robert D. N... |
| | 05/06/05 | National City Presents U.S. Economic Outlook Webcast: Inflation - Out of Control or Return to Normalcy?| Chief economist Richard J. DeKaser discusses current economic climate
CLEVELAND, May 6 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) will hold an informative webcast "U.S. Economic Outlook: Inflation
- Out of Control or Return to Normalcy?" on Thursday, May 12, 2005 at 12:00
p.m. ET. National City Chief Economist Richard DeKaser, ranked by USA Today
as one of the most accurate economic forecasters, is returning for the second
in his series of quarterly webcasts on ... |
| | 05/03/05 | National City Corporation Raises Prime Rate to 6.00%| CLEVELAND, May 3 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 5.75 percent to 6.00 percent, effective immediately. The rate
was last changed on March 22, 2005, when National City raised its prime rate
from 5.50 percent to 5.75 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), headqua... |
| | 05/02/05 | National City Corporation To Present at the Lehman Brothers 2005 Financial Services Conference| CLEVELAND, May 2 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO of National City Corporation (NYSE: NCC) will present at the Lehman
Brothers 2005 Financial Services Conference to be held in London on Thursday,
May 12, 2005 at approximately 5:20 a.m. ET (11:20 a.m. BST). Mr. Daberko will
update the listening audience on National City's business strategies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Interested individuals may access th... |
| | 04/29/05 | National City Corporation To Hold Analysts' Conference| CLEVELAND, April 29 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO and the management team of National City Corporation (NYSE: NCC) will hold
its Analysts' Conference on May 26, 2005 in New York City beginning at
approximately 8:00 a.m. ET.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Interested individuals may access the live video Web cast by visiting the
National City Web site at www.NationalCity.com/investorrelations . An option
w... |
| | 04/28/05 | National City Responds to Wall Street Journal Story on Spitzer Investigation of Lending Practices| CLEVELAND, April 28 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) has responded to the story in today's Wall Street Journal
referencing New York Attorney General Eliot Spitzer's investigation of loan
practices. The company confirmed that it has received no such letter or
inquiry as described in the article.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), headquartered in... |
| | 04/20/05 | PFGI Capital Corporation Confirms Cash Payment on Income PRIDES(SM), Series A Preferred Stock and Announces Financial Results for the Quarter Ended March 31, 2005| CLEVELAND, April 20 /PRNewswire-FirstCall/ -- PFGI Capital Corporation
announced that the scheduled cash payment on its Income PRIDES(SM)
(NYSE: PCEPRI) and Series A Preferred (NYSE: PFGIP.PK) will be paid on May 17,
2005. The distributions, accruing from February 18, 2005 through May 17,
2005, are payable to holders of record on May 1, 2005, at a rate of $0.5625
per each Income PRIDES(SM) held and $.4844 per Series A Preferred stock held.
(Logo: http://www.newscom.com/cgi-bin/prnh... |
| | 04/19/05 | National City Reports First Quarter Earnings| CLEVELAND, April 19 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today reported first quarter 2005 net income of $484 million, or
$.74 per diluted share, compared to $710 million, or $1.16 per diluted share,
for the first quarter of 2004. Returns on average common equity and assets
were 15.35% and 1.42%, respectively.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Chairman's Comments
Chairman and CEO David A. Daberko commented... |
| | 04/18/05 | National City to Hold First Quarter Earnings Conference Call| CLEVELAND, March 21 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) expects to report its first quarter 2005 earnings the morning of
April 19, 2005. Supplemental financial data will be available at the time of
release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Tuesday, April 19th to discuss the first quarter
2005 financial results. ... |
| | 04/14/05 | National City Comments on Freddie Mac Announcement Regarding Unacceptable Mortgage Practices| CLEVELAND, April 14 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today commented on certain aspects of the Freddie Mac announcement
on April 13, 2005, that a limited number of California mortgages had been
originated in a manner that increased the likelihood that these mortgages
would prepay more quickly than comparable mortgages originated without such
practices. These practices were in violation of National City's loan
origination policies, and National City was unawa... |
| | 04/06/05 | National City Bank Extends its Tender Offer for the Provident Auto Lease Floating Rate Certificates, Series 2000-1 and Successfully Completes its Tender Offers for the Floating Rate Certificates, Series 2000-2 and Series 2001-1| CLEVELAND, April 6 /PRNewswire-FirstCall/ -- National City Bank ("National
City"), a wholly-owned subsidiary of National City Corporation, announced that
it is extending the expiration date of its tender offer to purchase all of the
outstanding Floating Rate Certificates, Series 2000-1 of Provident Auto Lease
ABS Pass-Through Trust 2000-1 (CUSIP No. 743833AJ4) (the "2000-1
Certificates"). The offer for the 2000-1 Certificates will now expire at
5:00 p.m., New York City time, on Tuesday, A... |
| | 04/04/05 | National City Presents Webcast: Trends in the Transportation and Logistics Industry| CLEVELAND, April 4 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) will hold an informative webcast "Trends in the Transportation and
Logistics Industries" on Thursday, April 14, 2005, at 12:00 p.m. ET. Jonathan
L. Ives, CFA and vice president of investment banking at National City, will
discuss current trends in transportation and logistics including the capital
market environment and industry trends for a number of different
transportation areas -- including air, marine,... |
| | 04/04/05 | National City Investment Management Company Hires Structured Equity Team Members| Addition of New Equity Team Strengthens Capabilities
CLEVELAND, April 4 /PRNewswire-FirstCall/ -- National City Investment
Management Company (NCIMC) today announced the hiring of four individuals from
Harris Investment Management, Inc. These individuals will comprise a new
Structured Equity Team at NCIMC. Members of the new team include Hitesh
Patel, Paul Kleinaitis, Rob Roquitte and Steven Greiner. These industry
veterans will continue to strengthen the firm's current equity cap... |
| | 04/01/05 | National City Declares Quarterly Dividend| CLEVELAND, April 1 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) is pleased to announce its Board of Directors today declared a
$.35 per share cash dividend on its common stock payable May 1, 2005 to
stockholders of record April 11, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio,
is one of the nation's largest financial holding compa... |
| | 03/28/05 | National City Opens Nashville Corporate Banking Office| National City office to serve middle-market businesses throughout Tennessee
NASHVILLE, TN-March 28, 2005 - National City (NYSE: NCC) announced today
that the company is furthering its commitment to its Tennessee clients by
opening a full-service corporate banking office in Nashville. The new office
will provide clients with a full-suite of corporate banking services such as
commercial lending, investment real estate financing, leasing, contractor
finance, asset-based lending, intern... |
| | 03/25/05 | PFGI Capital Corporation Announces Preferred Stock Repurchase Authorization| CLEVELAND, March 25 /PRNewswire-FirstCall/ -- PFGI Capital Corporation
announced that the Board of Directors has authorized the repurchase of three
million shares of its outstanding Series A preferred stock. The shares will
be acquired in privately negotiated transactions in accordance with applicable
regulations of the Securities and Exchange Commission.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About PFGI Capital Corporation
PFGI Capital ... |
| | 03/23/05 | National City Announces Business Scholarship Program Supporting Students in the Classroom and Workplace| Unique program provides students both financial assistance and hands-on
learning
LOUISVILLE, Ky., March 23 /PRNewswire/ -- National City Bank of Kentucky
launched a program today with four of the state's largest universities
designed to keep some of Kentucky's best and brightest business students in
the state after graduation. The program is the first of its kind in any of
the seven states where National City operates.
The National City Busi... |
| | 03/22/05 | National City Corporation Raises Prime Rate to 5.75%| CLEVELAND, March 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 5.50 percent to 5.75 percent, effective immediately. The rate
was last changed on February 2, 2005, when National City raised its prime rate
from 5.25 percent to 5.50 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NY... |
| | 03/22/05 | RICHARD DEKASER RANKED FOURTH MOST ACCURATE ECONOMIC FORECASTER, ACCORDING TO USA TODAY| National City's Chief Economist is the only forecaster to place in the top five for a second consecutive year
CLEVELAND, March 22, 2005 – Richard DeKaser, senior vice president and chief economist of National City Corporation (NYSE: NCC), placed fourth in USA Today's ranking of 2004's most accurate economic forecasters. DeKaser was the only forecaster to appear in the top five for two consecutive years; he ranked third on 2003's list.
The ranking, published in the March 21... |
| | 03/21/05 | National City to Hold First Quarter Earnings Conference Call| CLEVELAND, March 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) expects to report its first quarter 2005 earnings the morning of
April 19, 2005. Supplemental financial data will be available at the time of
release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Tuesday, April 19th to discuss the first quarter
2005 financi... |
| | 03/14/05 | National City Files Mid-Quarter Financial Update With SEC| CLEVELAND, March 14 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) filed a Current Report on Form 8-K with the United States
Securities and Exchange Commission today. The report includes selected
monthly financial and operating statistics through February 2005, as well as
commentary on current trends. The complete text of the filing is available
at http://www.NationalCity.com .
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About Nat... |
| | 03/08/05 | National City Bank Announces Tender Offer for Certain Certificates| CLEVELAND, March 8 /PRNewswire-FirstCall/ -- National City Bank ("National
City"), a wholly-owned subsidiary of National City Corporation, announced that
it has commenced three cash tender offers (each, an "Offer" and collectively,
the "Offers") to purchase all of the outstanding Floating Rate Certificates,
Series 2000-1 of Provident Auto Lease ABS Pass-Through Trust 2000-1 (CUSIP No.
74833AJ4), Floating Rate Certificates, Series 2000-2 of Provident Auto Lease
ABS Pass-Through Trust 2000-2... |
| | 03/02/05 | National City Corporation and Allegiant Capital Trust II Announce Fourth Quarter Dividend on Trust Preferred Securities| CLEVELAND, March 2, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) and its subsidiary, Allegiant Capital Trust II, (Nasdaq: ALLEP)
today announced the payment of the dividend on the Trust's 9.0% Cumulative
Trust Preferred Securities. The dividend of $0.5625 per trust preferred
security, liquidation amount $25 per security, is payable on March 31, 2005 to
record holders at the close of business on March 15, 2005.
(Logo: http://www.newscom.com/cgi-bin/pr... |
| | 02/22/05 | National City Presents the First Annual Tour of Hope| Donation of $400,000 to Six Hospitals Will Support Breast Cancer Prevention
and Education
CLEVELAND—February 22, 2005—National City, in conjunction with
the National Breast Cancer Foundation (NBCF), will be donating $400,000 in a
single day to six hospitals working in support of breast cancer prevention and
education. Janelle Hail, president and founder of the National Breast Cancer
Foundation, and officials from National City will present $150,000 to The Cleveland
Cli... |
| | 02/16/05 | National City Continues to Lead Cleveland District in SBA Lending
Bank also Ranked Top Lender to Minorities and #1 Lender in Ohio | CLEVELAND—February 16, 2005—The U.S. Small Business Administration
(SBA) announced today that, for the sixth consecutive year, National City (NYSE:
NCC) is the leading Small Business Administration lender in the Cleveland SBA
district. For the SBA fiscal year 2004, National City made a record-breaking
300 7(a) and SBA 504 loans in the Cleveland district, totaling $29,993,000.
The Cleveland SBA district includes the Akron, Canton, Cleveland, Toledo and
Youngstown metropoli... |
| | 02/15/05 | Provident Announces Extension of Tender Offer for SHERPAS Limited Class A Notes| CLEVELAND, Feb. 15 /PRNewswire-FirstCall/ -- The Provident Bank, a wholly-
owned subsidiary of National City, announced today that the tender offer by
The Provident Bank for all outstanding Class A Notes of SHERPAS Limited has
been extended until 5:00 p.m., New York City time, on Wednesday, February 16,
2005. Provident said the extension of the tender offer will allow additional
time for holders of the SHERPAS Limited Class A Notes to participate in the
tender offer.
(Logo: http://... |
| | 02/10/05 | Real Estate Study Finds Growing Risk of Housing 'Bubblettes'| National City Analysis of Top 99 Metro Areas Finds One-Fifth Of
Housing Stock Overvalued
CLEVELAND, Feb. 10 /PRNewswire-FirstCall/-- A study of the top 99 U.S.
real estate markets announced today by the economics department of National
City Corp. finds housing "bubblettes" in one-fifth of the U.S. housing stock,
labeled as areas with home premiums in excess of 20 percent, a metric that may
indicate future price corrections.
(Logo: http://www.newscom... |
| | 02/03/05 | National City Presents Mergers and Acquisitions Webcast| Learn about Trends in the Mergers and Acquisitions Market CLEVELAND, Feb 03, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) will hold an informative Webcast "Mergers and Acquisitions Market
Overview" on Thursday, February 17, 2005, at 12:00 p.m. ET. J. W. Sean
Dorsey, senior managing director of investment banking at National City, will
discuss current trends in the mergers and acquisitions market, including the
emergence of private equity, the ongoing sur... |
| | 02/03/05 | National City Corporation to Present at the Credit Suisse First Boston 2005 Financial Services Conference| CLEVELAND, Feb 3, 2005 /PRNewswire-FirstCall via COMTEX/ -- David A. Daberko, Chairman &
CEO and James R. Bell, Executive Vice President & Chief Risk Officer of
National City Corporation (NYSE: NCC) will present at the Credit Suisse First
Boston 2005 Financial Services Conference on Wednesday, February 9, 2005 at
approximately 9:30 a.m. ET. Messrs. Daberko and Bell will update the
listening audience on National City's business strategies.
(Logo: http://www.newscom.com/cgi-bin... |
| | 02/02/05 | National City Corporation Raises Prime Rate to 5.50%| CLEVELAND, Feb 02, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) announced on behalf of its subsidiary banks that it has raised its
prime rate from 5.25 percent to 5.50 percent, effective immediately. The rate
was last changed on December 14, 2004, when National City raised its prime
rate from 5.00 percent to 5.25 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE... |
| | 01/27/05 | National City Mortgage and ServiceLink Form a Joint Venture| MIAMISBURG, Ohio, Jan 27, 2005 /PRNewswire-FirstCall via COMTEX/ -- In a joint statement
released today, National City Mortgage, Inc. and ServiceLink, L.P., announced
the formation of a joint venture to be known as NationalLink, L.P.
NationalLink combines one of the nation's leading residential lenders with one
of the leading closing management companies. The new company will be located
in Aliquippa, Pennsylvania, which is also where ServiceLink, L.P. is
headquartered. National City Mort... |
| | 01/20/05 | National City Presents Inside Trade Finance Webcast| CLEVELAND, Jan 20, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) will hold an informative Webcast "Inside Trade Finance - Tools and
Techniques for Successfully Expanding Global Business" on Thursday, January
27, 2005, at 12:00 p.m. ET. Craig Schurr, National City senior vice president
and manager of Global Trade and Treasury, will discuss programs and banking
instruments available to assist companies in competing effectively to expand
and enhance the prof... |
| | 01/20/05 | National City Completes Acquisition of Charter One Vendor Finance| CLEVELAND, Jan. 20 /PRNewswire-FirstCall/ -- National City Bank today
announced that it has completed its acquisition of Charter One Vendor Finance,
LLC, formerly a subsidiary of Charter One Bank, N.A.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
Charter One Vendor Finance serves major vendors, such as manufacturers,
value-added resellers, and select specialized lessors, in middle- and large-
ticket equipment and software markets, and finances equipmen... |
| | 01/20/05 | National City Consumer Loan Services Earns Certification From BenchmarkPortal| Loss Mitigation Call Center Area Named “Center of Excellence”
CLEVELAND—January 20, 2005—National City Corporation (NYSE: NCC) announced that the loss mitigation department of Consumer Loan Services (CLS) has been awarded the prestigious BenchmarkPortal certification. The BenchmarkPortal recognition is given in conjunction with Purdue University's Center for Customer-Driven Quality. BenchmarkPortal collects data from more than 20,000 call centers worldwide and selects those that are in th... |
| | 01/19/05 | PFGI Capital Corporation Confirms Cash Payment on Income PRIDES(SM) & Announces Financial Results for the Quarter Ended December 31, 2004| CLEVELAND, Jan 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- PFGI Capital Corporation
announced that the scheduled cash payment on its Income PRIDES(SM)
(NYSE: PCEPRI) security will be paid on February 17, 2005. The distribution,
accruing from November 18, 2004 through February 17, 2005, is payable to
holders of record on February 1, 2005, at a rate of $0.5625 per each Income
PRIDES(SM) held.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
PFGI Capital Corp... |
| | 01/18/05 | National City Reports 2004 Results| CLEVELAND, Jan. 18 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today reported 2004 net income of $2.8 billion, or $4.31 per
diluted share, compared to $2.1 billion or $3.43 per diluted share for 2003.
For the 2004 fourth quarter, net income was $960 million, or $1.46 per diluted
share, compared to net income of $544 million or $.88 per diluted share in
2003. Both fourth quarter and full year net income included non-recurring and
unusual items described below and elsewh... |
| | 01/17/05 | National City Corporation to Present at the Smith Barney Citigroup Financial Services Conference| CLEVELAND, Jan. 17 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman &
CEO, and Peter E. Raskind, Vice Chairman of National City Corporation
(NYSE: NCC), will present at the Smith Barney Citigroup Financial Services
Conference to be held in New York City on Thursday, January 27, 2005 at
approximately 10:00 a.m. ET. Messrs. Daberko and Raskind will update the
listening audience on National City's business strategies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCIT... |
| | 01/17/05 | National City to Hold Fourth Quarter Earnings Conference Call| CLEVELAND, Dec 17, 2005 /PRNewswire-FirstCall via COMTEX/ -- National City Corporation
(NYSE: NCC) expects to report its fourth quarter 2004 earnings the morning of
January 18, 2005. Supplemental financial data will be available at the time
of release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
National City Corporation's executive management will host a conference
call at 11:00 a.m. (ET) on Tuesday, January 18th to discuss the fourth quarter
2004 fina... |
| | 01/11/05 | National City Corporation Appoints Senior Vice Presidents| CLEVELAND, January 11, 2005—National City Corporation (NYSE: NCC) announced today that Paul E. “Buck” Bibb, E. Kennedy “Ken” Carter, Jr. and L. Andrew “Andy”Pollock have been appointed senior vice presidents of the corporation. “Their contributions to National City have been significant and these appointments recognize the leadership roles they hold within the company,” said John Gellhausen, executive vice president of National Consumer Finance.
Mr. Bibb serves as chief executive officer o... |
| | 01/03/05 | National City Declares Quarterly Dividend| CLEVELAND, Jan. 3 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) is pleased to announce its Board of Directors today declared a
$.35 per share cash dividend on its common stock payable February 1, 2005 to
stockholders of record January 13, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/NATIONALCITYLOGO )
About National City
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio,
is one of the nation's largest financial holdin... |
| | 01/03/05 | National City to Contribute $100,000 to Aid Tsunami Victims in Southeast Asia| CLEVELAND—January 3, 2005—National City announced today that it will contribute $100,000 to help victims of the tsunami in the Indian Ocean. The contribution will be donated to the American Red Cross International Response Fund to provide food, shelter and other emergency needs. In addition, National City has also pledged to match all employee gifts to the American Red Cross tsunami relief made by January 15, 2005.
About National City
National City Corporation (NYSE: NCC), headqu... |
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