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KeyCorp’s (NYSE:KEY) Acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) Is Hit by High Merger Related Charges

At a cost of $45 billion, KeyCorp (NYSE:KEY) is just about to conquer the acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) even as the merger-related charges threaten to rise. The related charges come during the second quarter of the company’s operations and apparently, they are almost double what the company spent acquisitions during the […]

Trending Stocks: KeyCorp (NYSE:KEY), Wayfair Inc (NYSE:W), Knowles Corp (NYSE:KN)

Boston, MA 10/16/2014 (wallstreetpr) – KeyCorp (NYSE:KEY) stock was down by 5.82 percent during trading on 15th October. This was a direct result of the firm announcing third quarter operational results earlier in the day. It reported a big dip in its net income for the quarter. 3Q14 net income came in at $197 million […]

KeyCorp (NYSE:KEY) Witnesses Average Loan Growth Of 5% In 3Q

Boston, MA 10/15/2014 (wallstreetpr) – KeyCorp (NYSE:KEY) witnessed average loan growth of 5% in the third quarter ended September. It was primarily fueled by uptick in agricultural, commercial and financial loans. It pointed out that it realized lower benefits from leveraging lease terminations and principal investing. CEO Comments The company’s Chairman and CEO, Beth Mooney, […]

Fitch Affirms All The Rankings of KeyCorp (NYSE:KEY) Student Loan Trust 2005-A Group II

Boston, MA 09/15/2014 (wallstreetpr) – According to reports, Fitch Ratings has affirmed all the rankings given to KeyCorp (NYSE:KEY) Student Loan Trust 2005-A Group II. There were a few outstanding notes that KEY student loan trust issued sometime back. Currently, the cumulative default exceeds 17%; therefore, the company has put a subordinate note principal trigger […]

Student Loan Trust 1999-B of KeyCorp (NYSE:KEY) Gets Affirmation From Fitch

Boston, MA 05/30/2014 (wallstreetpr) – The leading financial institution of United States of America KeyCorp (NYSE:KEY) gets affirmation for its student Loan Trust 1999-B from the leading credit rating agency Fitch. Details: According to the reports, Student Loan Trust 1999-B mezzanine notes of KEY got AAAsf ratings from Fitch, while at the same period subordinate notes […]

KeyCorp (NYSE:KEY) Announces Ex-Dividend Announcement Date

Boston, MA 05/30/2014 (wallstreetpr) – KeyCorp (NYSE:KEY), the leading organization of United States of America seems on a role these days. According to the recently published reports, the company had announced the ex-dividend few days back.  The company managed to perform up to the expectations and thus announced recently that it would pay a cash dividend […]

KeyCorp (NYSE:KEY) Delivers First-Quarter Earnings Above Estimates

Boston, MA 04/17/2014 (wallstreetpr) – There is a reason for KeyCorp (NYSE:KEY)‘s investors to rejoice and it is none other than the bank’s above par performance in the first quarter of the year 2014. In Line With Expectations During the first quarter earnings, KeyCorp (NYSE:KEY) said that it was able to cut down its expenses in […]

KeyCorp (NYSE:KEY): Little To Show For Executive Restructuring

Boston, MA 04/11/2014 (wallstreetpr) – Shares of financial services provider KeyCorp (NYSE:KEY), fell almost 4 percent in the last session. The stock tumbled just a few days after the company announced a new executive structure. The company is struggling to cut expenses by taking some of its operations online and on mobile. The bank is […]

KeyCorp (NYSE:KEY) – Is Now To Experience Their New Co-President’s Work

Boston, MA 04/10/2014 (wallstreetpr) –  KeyCorp (NYSE:KEY) works as a bank holding company and performs various tasks for KeyBank National Association. It provides bank centric financial service as retail banking, commercial banking, investment management, commercial leasing, and investment banking for individuals as well as corporate and institutional clientele. Segmentation of the role: The major news […]

Occidental Petroleum Corporation (NYSE:OXY) Merck & Co., Inc. (NYSE:MRK) and KeyCorp (NYSE:KEY)

Boston, MA 02/18/2014 (wallstreetpr) – Occidental Petroleum Corporation (NYSE:OXY) the oil and gas exploration and production company began Feb 2014, with a firm footing, with good fourth quarter results which beat estimates. Only wrong note for the quarter for OXY was the drop in production. The first week saw OXY committing to NuStar to use […]

KeyCorp (NYSE:KEY), Applied Materials, Inc. (NASDAQ:AMAT) And Southwest Airlines Co. (NYSE:LUV) Reveal Concerns

Boston, MA 01/31/2014 (wallstreetpr) – KeyCorp (NYSE:KEY) is under pressure on the continued increase in its expenses. In its recent earnings call, the company appeared to display an inefficient ratio for the fourth quarter. The company noted that there was little on part of the management to better or improve the efficiency ratio and nearly […]

Why These Stocks Are Hot: Groupon Inc (NASDAQ:GRPN), BG Medicine, Inc. (NASDAQ:BGMD), KeyCorp (NYSE:KEY)

Boston, MA 01/29/2014 (wallstreetpr) – Groupon Inc (NASDAQ:GRPN)’s rocky stock price journey could be coming to an end soon if a recently released note by analysts at Wells Fargo (WFC) is anything to go by. Wells Fargo has sought to assure investors that looking at Groupon’s valuation and fundamentals, the company has cleared a lot […]

KeyCorp (NYSE:KEY) Shows An Increase In Insider Trading

Boston, MA 10/31/2013 (wallstreetpr) – KeyCorp (NYSE:KEY) operates as the holding company for KeyBank National Association that provides various services like investment banking products, commercial leasing and commercial banking among others. In the last one month there has been an increase in employees of the company buying shares of the company, that increases their stake in […]