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December 12, 2013
07:31 EDTKEYKeyCorp multiple poised to increase, says Oppenheimer
Oppenheimer expects KeyCorp's profitability to be boosted by more consistent expense management and a business mix that continues to improve. The firm keeps a $14 price target and Outperform rating on the stock.
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April 17, 2014
06:39 EDTKEYKeyCorp dividend increase plan announced on March 26
06:37 EDTKEYKeyCorp plans to increase quarterly dividend to 6.5c
KeyCorp announced that subject to approval by its board, it plans increase the quarterly common share dividend to 6.5c per share. The bank said it completed its 2013 CCAR capital plan, including common share repurchases of $141M, in Q1. Key's 2014 CCAR capital plan includes common share repurchases of up to $542M, which are expected to be executed through Q1 of 2015.
06:34 EDTKEYKeyCorp reports Q1 EPS 26c, consensus 24c
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April 15, 2014
06:37 EDTKEYAleris looking to sell recycling, alloy segment, WSJ reports
Aleris Corp (ARS), an aluminum producer, has hired Credit Suisse (CS) and KeyBank (KEY) as its financial advisers in a move to sell its recycling and custom alloy manufacturing segment, the Wall Street Journal reports, citing sources. The unit could fetch over $400M in a sale, the sources say. Reference Link

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