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Local News

Courtesy of the Dayton Daily News

National City mum on talk of sale

the Associated Press

Thursday, October 09, 2008

CLEVELAND — National City Corp. isn't talking about a report that it's looking for a buyer.

The Wall Street Journal cites anonymous sources in reporting Thursday, Oct. 9., that National City is in talks with several banks.

The newspaper says Pittsburgh-based PNC Financial Services Group Inc. and Toronto-based Bank of Nova Scotia are among the potential buyers.

National City spokeswoman Kristen Baird Adams wouldn't deny that the bank is looking for a buyer. She says the bank doesn't comment on rumors and speculation.

National City has been hit hard by high-risk mortgage loans and was forced to arrange a $7 billion capital infusion in April.

Shares of National City were up about 5 percent Thursday at $2.35 but are down from a 52-week high of $25.93.

Have fun

An Excuse to Celebrate

December 2

cocktails

Today is St. Bibiana's Day. Don't know who she is? You probably just forgot because St. Bibiana is a the patron saint of drunks and hangovers. What better way to honor her than by heading to the bars? Bars and clubs guide »

Best of Dayton

You Decide What's the Best

Best Cup of Coffee [poll]

Best Dayton Ohio Cup of Coffee

Here's where you get to tell the world what you think. Every week you get to vote on the best that the Dayton area has to offer in entertainment, restaurants, recreation & and a few other bizarro categories.

Voting in this category ends on Dec. 8.

We have REVISED our official rules »

Colleges

Find Local College Events

University of Dayton

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Sinclair Community College

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Wright State University

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Things to Do

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Holiday events to get on your radar … and we're not just talking Christmas lights here [things to do]

Holiday events

There's never a shortage of holiday events in the area to occupy your time until the New Year rings itself in. This year, all the usual suspects are present — Woodland Lights, RiverScape ice skating, Lebanon's Carriage Parade — with a couple of brand new additions to the mix, including 50 Under $50, a collaborative collection of area artists, getting together for a Friday/Saturday shopping and entertainment experience at 20 N. Jefferson St. downtown this weekend, the same place the recent Dayton LadyFest made its mark; Sandstorm Middle-Eastern Dance Company's Ho Ho Hafla — a holiday show like no other; and a pub crawl for a good cause. More »

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Movies

Movies & Showtimes

'Australia'[movies]

A big action adventure with big, big stars Nicole Kidman and "Sexiest Man Alive" Hugh Jackman. Set in Australia (duh) on the brink of World War II, the plot follows English aristocrat Kidman and cattledriver Jackman as they fight to save the land she inherited. More »

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Restaurants

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Food & More

Local Dining

Wine & Dine: More local restaurants are offering wine tasting/dinner pairings [review]

Wine glasses

Some are searching for new customers. Others are looking for a test market for new appetizers or entrees. Others want customer feedback on which new wines to add to the wine list. Whatever their reasons, more restaurants in the Dayton area are using wine tastings and wine dinners to try to get new, fresh faces to cross their doorsteps. A decade ago, diners could easily count on one hand the number of restaurants that held regular wine events. Now, the number exceeds a dozen and is growing. More »

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