PNC Bank (PNC) Enters 191 ATM Placement Agreement with Harris Teeter (HTSI) (CATM)
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BUY (
Down)Dividend Yield: 2.7%
Revenue Growth %: -9.2%
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PNC Bank (NYSE: PNC) announced the addition of 191 PNC-branded ATMs in Harris Teeter (NYSE: HTSI) stores throughout the Carolinas and other states.
The ATMs will be accessible in 138 Harris Teeter grocery stores across North and South Carolina, as well as in 53 stores in Florida, Georgia, Virginia, Maryland and Delaware, between mid-July and Labor Day.
Cardtronics (Nasdaq: CATM) owns and operates the cash machines.
PNC entered the southeastern U.S. with its acquisition of RBC Bank (USA) in March 2012. Nearly 1 million consumers became PNC customers as part of its 9th acquisition since 2003. The Pittsburgh-based bank now serves more than 6 million customers through 2,900 branches in 19 states plus the District of Columbia, and more than 7,100 ATMs nationwide.
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The ATMs will be accessible in 138 Harris Teeter grocery stores across North and South Carolina, as well as in 53 stores in Florida, Georgia, Virginia, Maryland and Delaware, between mid-July and Labor Day.
Cardtronics (Nasdaq: CATM) owns and operates the cash machines.
PNC entered the southeastern U.S. with its acquisition of RBC Bank (USA) in March 2012. Nearly 1 million consumers became PNC customers as part of its 9th acquisition since 2003. The Pittsburgh-based bank now serves more than 6 million customers through 2,900 branches in 19 states plus the District of Columbia, and more than 7,100 ATMs nationwide.
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