|Day's Range||1.9500 - 1.9500|
An alleged fraud case involving a large payroll company in the Midwest touched multiple banks, and KeyBank has said the case could cost the bank up to $90 million. The situation has parallels to the MyPayrollHR collapse — and some important differences.
CLEVELAND , Sept. 13, 2019 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE: KEY), today announced it has received the 2019 Wealth Management "Trust" Industry ...
KeyCorp Chairman and CEO Beth Mooney told investors this week that the $144.5 billion-asset company isn't interested in buying another depository institution.
CLEVELAND, Sept. 11, 2019 /PRNewswire/ -- KeyBank (KEY) has joined Entrepreneur Magazine's list of Top Franchise Suppliers, (https://bit.ly/2UrJA5z) ranking the regional bank among some of the best in the nation to empower franchisees to launch, grow, expand or evolve their businesses. Only twelve banking and financial institutions that provide services to the franchise industry were awarded the Top Franchise Suppliers accolade. "Over the years, KeyBank has helped hundreds of different franchise concepts and their franchisees obtain the capital they need to run their businesses," said Jim Fliss, Senior Vice President and leader of KeyBank's SBA and Franchise businesses.
Farmers just began harvesting their crops but a wet spring and the U.S.-China trade war are creating uncertainty that is depressing crop prices.
KeyCorp (NYSE:KEY) is about to trade ex-dividend in the next 3 days. You can purchase shares before the 26th of August...
Can a quarter of a percent rate cut, or any amount of rate cuts for that matter, address or even alleviate the market's concerns? asks Kelley Wright, dividend expert and editor of Investment Quality Trends.
KeyBank N.A. is pushing forward with a focus on financial well-being. The Cleveland-based regional lender and second-largest deposit-holder in Western New York bolstered its “financial wellness” program this month with the introduction of a trio of products and services meant to help customers take control of their money. The tools – a 2 percent cashback credit card, a debt paydown tool and a no-fee overdraft protection service – are available to retail customers.
Last summer Leah Villagomez had an opportunity to land a full-time job at KeyBank N.A. The West Seneca native was one of 21 college interns from Buffalo and Rochester selected for the first half of the retail management associate program. Of those 21, the bank chose seven to return this summer to begin the second half of the program, a full-time paid training position in retail banking. “I’m not sure where I’d like to end up in the bank, but the path I’m on will open up a lot of different opportunities.” KeyBank’s retail management associate program has a long history in the bank’s hometown of Cleveland.
CLEVELAND, Aug. 5, 2019 /PRNewswire/ -- KeyBank is announcing a new suite of digital and banking tools that will make it easier for clients to take steps toward achieving financial wellness. Combined, the new Key Cashback credit card, EasyUpSM and $0 Overdraft Protection Option tools empower clients to save money and pay down debt faster, while earning money back and avoiding unnecessary extra costs. "Financial Wellness is a unique journey for every client.
CLEVELAND , Aug. 1, 2019 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chairman and Chief Executive Officer Beth E. Mooney and Vice Chairman and Chief Financial Officer Don Kimble will present ...
CLEVELAND , July 31, 2019 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 5.25 percent from 5.50 percent, effective tomorrow, August 1, 2019 . About ...
CLEVELAND , July 31, 2019 /PRNewswire/ -- KeyCorp (NYSE: KEY ) will announce third quarter 2019 earnings on Thursday, October 17, 2019 , before the market opens. A conference call will be held at 9:00 ...
Investor sentiment upbeat on banks' Q2 earnings, with the financial firms displaying top-line strength with higher rates and a decent lending scenario.
Joey Williams, a former Dayton city commissioner and executive in the local banking industry, is no longer an employee of KeyBank, a spokesperson confirmed nearly three months after he was indicted for bribery.
All news was interpreted as good news on Tuesday, driving the S&P 500 0.68% higher. That was the second-highest close ever for the index, and positions the market for a run to another record despite what's usually a bearish time of year.Source: Shutterstock Snap (NYSE:SNAP) set the pace, gaining nearly 5% during regular market hours and then another 8% in after-hours action in response to a big-time beat of its second-quarter revenue estimates. It was Yeti Holdings (NYSE:YETI) that logged the most noteworthy gain for the session though. Shares of the company that makes coolers and insulated cups jumped more than 12% after Cowen analysts upped their target price, explaining the company could drive "continued growth in the DTC channel without margin deterioration."Holding the market back, to the extent it could anyway, was PulteGroup (NYSE:PHM). The homebuilder's stock fell more than 8%, despite topping its quarterly sales and earnings estimates, after posting a lackluster outlook for total sales volume in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund As for the top trading prospects headed into today's action, however, it's the stock charts of KeyCorp (NYSE:KEY), CF Industries Holdings (NYSE:CF) and General Electric (NYSE:GE) that hold the most promise. Here's a closer look. General Electric (GE)For months, General Electric shares have been hammering away at a rebound. None of the efforts ever took hold though, being up-ended before getting going in earnest. Analysts have been quick to quell those moves.With Tuesday's strong surge though, and with the right context behind it, GE stock is closer to a sustained breakout move than it has been in years. One more good day could get the stock over the hump for good. If that happens, the potential upside is significant given the several months' worth of compression within a narrow trading range. * Click to EnlargeYesterday's move has pushed General Electric above a frequent ceiling around $10.50, marked in yellow on both stock charts. * Better still, Tuesday's advance took shape with a push up and off of the 100-day moving average line plotted in gray. It also moved higher on strong volume, which has been the missing ingredient thus far. * The next, and perhaps biggest, resistance from here is around $10.76, marked in red on the daily chart, where GE stock peaked a couple of times a month ago. * If that ceiling is breached, the next most plausible ceiling is as high as $16.70, where the 38.2% Fibonacci retracement line awaits. KeyCorp (KEY)At the beginning of July, KeyCorp finally punched through a long-standing resistance line that made up the upper boundary of a long-standing wedge pattern. The same move also carried KEY stock above the critical 200-day moving average line, marked in white in both stock charts. The move didn't last though. It hobbled on for a couple of days, but petered out in the middle of the month.The effort was rekindled last week, but bolstered in a big way on Tuesday. In fact, though the surge from yesterday was a bit too strong to last without at least a slight cooling first, another key ceiling is now being chipped away. * 10 Tech Stocks That Are Still Worth Your Time (And Money) * Click to EnlargeThe ceiling in question is just under $18, marked in blue on the daily chart, where KEY stock has topped out several times since February. That was yesterday's cap, more or less. * Zooming out to the weekly chart puts the recent bullishness in perspective. It's a break out a converging wedge pattern that started to take shape in late-2018. * Although the bulls may want to regroup one more time and restart the well-founded recovery effort, it would happen in the shadow of a so-called "golden cross," where the purple 50-day moving average has crossed back above the 200-day line. CF Industries Holdings (CF)Finally, CF Industries has been rallying well since its late-April low, forming a double-bottom near $39 that ultimately became the floor of a sideways trading range between $39 and $45.60. That range was snapped in June, and then re-snapped in an even more decisive fashion this month.The end result is an overbought stock that's fast-approaching a near-term resistance level. Nevertheless, if the advance can cool off without falling apart, the bigger-picture gain could last for some time. * Click to EnlargeThe near-term ceiling in question is currently at $48.98, plotted as a white dashed line, lining up the past two key peaks since April. * As of Tuesday, CF Industries shares have the advantage of rallying after another golden cross. Even if the stock slides back to regroup, the fact that the 50-day line is above the 200-day average says the longer-term trend is bullish. * The weekly chart largely explains how and why the range-bound action from earlier this year finally gave way to new bullishness. March's as well as June's low were made by a floor that extends back to late-2016 lows.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 5G Stocks to Connect Your Portfolio To * 7 Stocks to Sell This Summer Earnings Season * 6 Upcoming IPOs for July The post 3 Big Stock Charts for Wednesday: KeyCorp, CF Industries and General Electric appeared first on InvestorPlace.