...paying back the government's Troubled Asset Recovery Program loan early. Fifth Third isn't alone in cutting its dividend, though: KeyCorp, Wachovia, and Citigroup (NYSE: C) have all reduced their payouts. Fifth-Third has been making some very wise decisions...
...of 5 percent annually for the first five years and 9 percent afterward. Park joins Huntington Bancshares, JPMorgan Chase, KeyCorp, Fifth Third Bancorp and U.S. Bancorp as locally operating banks that have benefited from the Emergency Economic Stabilization...
...on any stocks within this industry. Weaknesses The banks with high exposure to housing and Commercial Real Estate loans like KeyCorp (KEY), Zions Bancorporation (ZION), and Comerica Incorporated (CMA) will continue to remain under pressure. We also maintain...
...said Brown intends to reintroduce it next year. One financial firm did notify Massachusetts of pending layoffs. Cleveland bank KeyCorp notified state officials of the pending layoff of 64 of its 200 employees here. Bank spokeswoman Laura Mimura said she wasn't...
...www.zacks.com Zacks Equity Research highlights Cypress Biosciences (Nasdaq: CYPR) as the Bull of the Day and KeyCorp (NYSE: KEY) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bristol-Myers Squibb, Inc. (NYSE: BMY), Diamond...
...Minneapolis-based bank could soon try and expand its footprint, possibly by acquiring some of its harder-hit Midwestern peers such as KeyCorp (KEY, Fortune 500) or Fifth Third (FITB, Fortune 500). Analysts also cite PNC (PNC, Fortune 500) as one bank that...
...in particular some of the firms with big concentrations in areas of the country with lots of cyclical industries, for example KeyCorp (NYSE: KEY), Fifth Third Bank (Nasdaq: FITB) and Comerica (NYSE: CMA). US Cellular Calls for Tightening U.S. Cellular...
...to 1 cent a share sparked concerns others may be required to take similar action. Fifth Third fell 6 per cent to $7.51 while KeyCorp lost 4 per cent to $8.33. Among other consumer stocks, ConAgra Foods and General Mills jumped 8 per cent to $16.25 and 0.2...
...Corporation, SunTrust Banks, Inc., M&T Bank Corporation, Regions Financial Corporation, Fifth Third Bancorp, National City Corporation, KeyCorp and Marshall & Ilsley Corporation. Wachovia Corporation (NYSE: WB) is one of the nation's largest diversified financial...
...the actions of Congress. In Western New York, the list of banks that have applied for and accepted government funds includes KeyCorp, Bank of America, JPMorgan Chase, First Niagara Financial Group and Financial Institutions Inc., which operates Warsaw-based...