Small Cap Movers

National City jumps on possible sale

Jennifer Schonberger | Oct 09, 2008 08:42am EDT | 2 Comments
Rating: Unrated

Shares of National City Corp. (NYSE:NCC) have gained some 14% in pre-market trading after news that the regional bank is said to be in talks with several banks, including PNC Financial Services Group (NYSE:PNC) and Bank of Nova Scotia (NYSE:BNS), for a possible sale, according to The Wall Street Journal.

Shares jumped 14%, or $0.31, to $2.54 in pre-market trading. For detailed price information and news stories on National City, click NCC.

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Jennifer Schonberger

About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.