6Vote!
Business Wire (Free subscription) | 10/26/2009
BOCA RATON, Fla.--(BUSINESS WIRE)--First Capital, a leading financial services firm, announced that it had closed a $40 million financing facility with Key Equipment Finance, an affiliate of KeyCorp (NYSE: KEY). The senior-secured facility is a participation in one of First Capital’s existing financing facilities with WestLB. That facility was increased from $160 million to $200 million. Overall,...
5Vote!
SeekingAlpha.com (Free subscription) | 10/20/2009
KeyCorp ( KEY ) is expected to report Q3 earnings on Wednesday, October 21 before the market open, with a conference call scheduled for 9 am ET. Guidance Analysts are looking for EPS of (41c) on revenue of $1.11B. The consensus range is (62c)-(25c) for EPS and $1.07B-$1.16B for revenue, according to First Call. Complete Story »
4Vote!
MarketIntelligenceCenter.com (Free subscription) | 10/13/2009
KeyCorp (NYSE: KEY) opened at $6.28. So far today, the stock has hit a low of $6.26 and a high of $6.44. KEY is now trading at $6.41, up $.10 (1.58%). The stock hit its 52-Week high of $13.85 in November and set its 52-Week low of $4.40 in July. BofA/Merrill initiated coverage on KEY today with a Buy rating and set a price target of $8 o...
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PR News Wire (Free subscription) | 09/18/2009
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $98 billion. BusinessWeek Magazine named Key the top bank in its Customer Service Champ 2009 edition, ranking Key 11th out of the top-25 companies that include many known for their customer service acumen. Key companies provide investment management, retail and commercial banking,...
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MarketIntelligenceCenter.com (Free subscription) | 09/17/2009
KeyCorp (KEY) could be on the move today and is now at $6.82, down $0.20 (-2.85%) on volume of 8,944,427 shares traded. Over the last 52 weeks the stock has ranged from a low of $4.40 to a high of $15.25. KeyCorp stock has been showing support around $6.21 and resistance in the $7.47 range. Technical indicator...
4Vote!
Business Wire (Free subscription) | 09/17/2009
CALGARY, Alberta--(BUSINESS WIRE)--PicksThatMove.com opines promising trading opportunities with likely potential for gain. The companies we follow have favorable revenue models for business development at upward cycles. Please visit us at PicksThatMove.com to view more of our profiled stocks. Today’s hot stocks include: Rite Aid Corporation (NYSE:RAD), Fannie Mae (NYSE:FNM), American Cap Ltd...
5Vote!
PR News Wire (Free subscription) | 08/28/2009
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $98 billion. BusinessWeek Magazine named Key the top bank in its Customer Service Champ 2009 edition, ranking Key 11th out of the top-25 companies that include many known for their customer service acumen. Key companies provide investment management, retail and commercial banking,...
2Vote!
The Street (Free subscription) | 08/27/2009
KeyCorp shares might be cheap, but the bank's loan losses are growing as its assets shrink.
1Vote!
PR News Wire (Free subscription) | 08/19/2009
CLEVELAND, Aug. 19 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: ) previously announced that its Board of Directors approved a cash dividend of $1.9375 per share on the Corporation's outstanding 7.750% Non-cumulative Perpetual Convertible Preferred Stock, Series A (CUSIP No. 493267405). Consistent with the terms of the Series A Preferred Stock, the dividend is payable September 15, 2009, to holders of record...
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SeekingAlpha.com (Free subscription) | 08/12/2009
Eric Falkenstein submits: I was an official economist for a while, back at KeyCorp, and would sometimes have to give little presentations on the standard macro variables. I remember once in early 1995 having a little 5 minute presentation to the board of a large hardware supply company (a small 'Home Depot' type chain). About 20 suits in a room, and they were all very interested in where interest...
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Market Watch (Free subscription) | 08/05/2009
NEW YORK (MarketWatch) -- Shares of U.S. financial stocks rose again Wednesday as insurance broker Marsh & McLennan took its turn atop the leader board after posting better-than-expected financial results and margin growth. Marsh shares added almost 4%, helping lift the financial sector bellwether Financial Select Sector SPDR ETF 0.5%. Other top gainers included Citigroup , Bank of America , and...
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PR News Wire (Free subscription) | 08/05/2009
The Trust Preferred Exchange Offer expired at 11:59 p.m., New York City time, on August 4, 2009. Approximately $604 million aggregate liquidation preference of Trust Preferred Securities were validly tendered and not withdrawn in the Trust Preferred Exchange Offer. Because more than $500 million aggregate liquidation preference was tendered, the Trust Preferred Exchange Offer was oversubscribed. Consistent...
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PR News Wire (Free subscription) | 08/03/2009
Exchange Exchange
Ratio/ Ratio/
Number of Number of
Common Common
Shares Shares
per $25 per $25
Liquidation Liquidation
Preference Preference
of Trust of Trust
Preferred Preferred
Early Securities Securities
Tender Total (Early (Final
Title of Exchange Premium Exchange Tender Tender
CUSIP Securities Issuer Value Value Value Period) Period)
--------- ---------- ------ ------- ------- --------...
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Business Wire (Free subscription) | 07/31/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms 6 classes from the Group I Federal Family Education Loan Program (FFELP) student loan asset-backed notes issued by KeyCorp listed below.
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SeekingAlpha.com (Free subscription) | 07/23/2009
The Mole submits: Underwhelming banking results from Morgan Stanley ( MS ), Keycorp ( KEY ) and Wells Fargo ( WFC ) and a decline in energy prices dragged down a jaded looking Dow to a modest 0.39% decline on a listless day's trading. But over at the Nasdaq they made it 11 up days in a row, as it continued to bask in the warm afterglow of Apple’s ( AAPL ) stellar results on strong iPhone and...