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Stock Market & Financial Investment News

News Breaks
January 13, 2013
17:53 EDTKEYKeyCorp looks prosperous, could be worth $11 per share, Barron's says
With an estimated Tier I common-equity ratio of 11.4%, KeyCorp (KEY) is currently trading at a 5% discount to book value. The bank continues to repurchase shares below book value and a dividend increase is feasible, Barron's contends. Reference Link
News For KEY From The Last 14 Days
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July 28, 2015
08:22 EDTKEYKeyCorp publishes "company run" Dodd-Frank Act Mid-Cycle Stress Test Results
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July 16, 2015
09:18 EDTKEYKeyCorp says doesn't expect to see 'much of a' rate increase this year
Says believes there could be rate increase this year, but very late in the year. Says that when rates do go up, will see increase in NII and margins.
09:13 EDTKEYKeyCorp says 'committed' to meeting FY15 outlook
Says credit quality "strong." Says company "well positioned" for 2H15. Expects continued higher levels of liquidity in Q3. Says may see near term pressure on margin, but expects FY15 margin to be relatively stable with Q2. Expects FY15 investment banking and debt placement fees to exceed FY14. Says committed to generating cost savings. Says expense guidance remains unchanged, sees FY15 expenses relatively stable with FY14. Says "on track" for FY guidance, says committed to meeting FY15 outlook. Sees credit quality remaining "a good story" for FY15. Says will continue share repurchases in FY15. Comments taken from the Q2 conference call.
06:44 EDTKEYKeyCorp still targeting long-term efficiency ratio below 60%
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06:36 EDTKEYKeyCorp reports Q2 EPS 27c, consensus 28c
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July 15, 2015
14:53 EDTKEYNotable companies reporting before tomorrow's open
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