Keycorp Clobbered
Forbes (Free subscription) | 10/10/2008
Shares fall 29% on concerns over whether the bank needs capital or a rescuer.
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Forbes (Free subscription) | 10/10/2008
Shares fall 29% on concerns over whether the bank needs capital or a rescuer.
Forbes (Free subscription) | 10/09/2008
Investors are worried that the bank may need a capital infusion or a buyer in order to survive.
PR News Wire (Free subscription) | 10/09/2008
CLEVELAND, Oct. 8 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: ) and its banking affiliates have lowered their prime lending rate to 4.50 percent from 5.00 percent, effective Thursday, October 9, 2008. Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $102 billion. Key companies provide investment management, retail and commercial...
Seattle Times (Free subscription) | 10/07/2008
The city of Seattle has regained $615,000 of $2.3 million lost in naming-rights revenue when KeyCorp agreed to renegotiate its deal and continue as the title sponsor of KeyArena.
The Puget Sound Business Journal (Free subscription) | 10/06/2008
KeyCorp will pay $300,000 this year and $315,000 next year to the city of Seattle to keep naming rights at KeyArena, city officials announced Monday. (KEY)
The Industry Standard (Free subscription) | 09/22/2008
A BMO Capital Markets analyst on Monday upgraded the shares of KeyCorp to "Outperform" from "Market Perform," saying that the bank is better positioned than many of its peers in terms of its capital and reserve building efforts. In a note to clients, analyst Peter Winter said he is encouraged by the Cleveland-based bank's efforts to manage its credit portfolio and reduce losses. As a result of its...
Business Wire (Free subscription) | 09/15/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest Analyst Interview. Today’s interview is with senior analyst Neena Mishra, who discusses National
Jim Cramer's Mad Money (Free subscription) | 09/10/2008
Jim Cramer’s Mad Money Stock Picks for Tuesday September 9 2008. These are all of Jim Cramer’s stock picks that are a Buy! I bold my picks. Buy: Covance (CVD) Frontline (FRO) Juniper Networks (JNPR) KeyCorp (KEY) Lehman Brothers (LEH) Onyx Pharmaceuticals (ONXX) UAL Corp (UAUA) Whirlpool (WHR) Sell: Juniper Networks (JNPR) Lehman Brothers (LEH) UAL Corp (UAUA) Always do your own research as these are...
Market Wire - Investment Opinion (Free subscription) | 09/08/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Bank of New York Mellon Corporation (NYSE: BK), KeyCorp (NYSE:...
PR News Wire (Free subscription) | 09/05/2008
CLEVELAND, Sept. 5 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: ) will announce third quarter 2008 earnings on Tuesday, October 21, 2008. A conference call will be held at 9:00 a.m. ET to review financial results. The call may also include forward looking information on financial trends, asset quality and earnings outlook. A live audio webcast of the conference call, as well as the earnings release and...
Smart Card Alliance (Free subscription) | 09/02/2008
Amsterdam, the Netherlands, Sept 1, 2008 –Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, today confirmed that it has completed the acquisition of Keycorp’s smart card business, the leading fabless provider of MULTOS™ products and services to the Financial Services and Government sectors, and of Multos Ltd, the company that operates the remote activation service and high-security...
Mish's Global Economic Trend Analys (Free subscription) | 08/29/2008
Bloomberg is reporting Iraq Safer Than Ohio Banks Stung by Credit Crisis . Iraq's bonds are delivering the biggest returns in emerging markets as oil export revenue bolsters government finances and violence declines. The country's $2.7 billion of 5.8 percent bonds due 2028 gained 45 percent since August 2007, according to Merrill Lynch & Co. indexes. Investors demand 4.84 percentage points more in...
PR News Wire (Free subscription) | 08/28/2008
CLEVELAND, Aug. 28 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: ) announced today that Chairman and Chief Executive Officer Henry L. Meyer III, and Chief Financial Officer Jeffrey B. Weeden, will present at the Lehman Brothers Global Financial Services Conference in New York City on Monday, September 8, 2008, at 3:15 p.m. ET. The presentation may include forward looking information on financial trends,...
Business Wire (Free subscription) | 08/22/2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following classes from two KeyCorp Student Loan Trusts: KeyCorp Student Loan Trust 1999-A
Seeking Alpha (Free subscription) | 08/20/2008
The bond market has become highly allergic to the large regionals’ debt, Bloomberg says . National City (NCC) bonds have fallen by 17 cents on the dollar since June, and now yield more than 10 percentage points above Treasuries--which means they're now considered "distressed." KeyCorp (KEY), Fifth Third (FITB) and Comerica (CMA) paper also getting pummeled. A manager at Pimco isn’t a buyer because...