KeyCorp (KEY)

[Entangled Proton]

Key bank has launched an advertising campaign.

[Entangled Proton]

9/01/09 Key Private Bank Hires Director of Sales and Strategy and Chief Investment Officer
http://www.marketwatch.com/news/story/key-private-bank-hires-director/story.aspx?guid=%7BBCB09E6A%2D7411%2D4C28%2D86E7%2D02D93941394A%7D&newsid=969885795&&dist=bigchartssymb=KEY&sid=4506

[Entangled Proton]

8/28/09 KeyCorp to Present at the Barclays Capital Global Financial Services Conference
http://www.marketwatch.com/news/story/keycorp-present-barclays-capital-global/story.aspx?guid=%7B1902C683%2D274F%2D408F%2D9984%2D9BE0FBC948F3%7D&newsid=969565413&&dist=bigchartssymb=KEY&sid=4506

[Entangled Proton]

8/24/09 Pillar Extends Life of Cash for Clunkers for Storage Industry
http://www.marketwatch.com/news/story/pillar-extends-life-cash-clunkers/story.aspx?guid=%7BD42DAF41%2DE43E%2D48E8%2DA3D7%2D092FDA7F4579%7D&newsid=969021600&&dist=bigchartssymb=KEY&sid=4506

[Entangled Proton]

8/19/09 KeyCorp Announces Revised Record Date For Series A Preferred Stock Dividend
http://www.marketwatch.com/news/story/keycorp-announces-revised-record-date/story.aspx?guid=%7B889A4C2E%2DF471%2D47F9%2D9BA9%2D3E0DAE03A853%7D&newsid=968593006&&dist=bigchartssymb=KEY&sid=4506

[Entangled Proton]

8/18/09 Elavon Secures Three Year Extension for KeyCorp Joint Venture -
http://www.marketwatch.com/news/story/elavon-secures-three-year-extension/story.aspx?guid=%7B7E669F49%2D4321%2D438A%2D9A11%2D20A21D277987%7D&newsid=968447565&&dist=bigchartssymb=KEY&sid=4506

[thesource]

And thats probably a smart long term play. With the company reducing its divs to $.01, there's not a lot to attach investors to hold long term IMO. I have been loading up on dips and then waiting for the stock to recover to sell off covered call options on the stock. Right now I have about 2000 shares of it averaged in at around $4.80ish and sold August 09 $5.00 calls on the stock. Best case is I keep the stock and the cash if it closes under $5.00 a share when the options expire. Worst case, the options get executed and I make $.15-.17 a share plus the cash I collected for the options. Either way I win.

[jhnvtjll]

I'm holding this for the long term, so not really concerned what happens in the next several weeks or even months.

[thesource]

Yeah not bad but don't get too happy. Its ran up pretty decent from that $4.40 dip. I expect it to pretty much trade in the $4.60-$5.50 channel for the next several weeks with an occasional dump or bump above that channel. Once Obama releases those reports on the economy that were due in August but have been delayed could spell trouble for the markets in general.

[jhnvtjll]

Nice day today.

[thesource]

Yeah it was but lets wait and see if it holds up.

[jhnvtjll]

Good thing it bounced today.

[thesource]

It was tested and bounced off of it. Not a bad little rebound if you grabbed the stock around $4.40-4.50 a share.

[MWM]

If $4.40 Support breaks, she might be in big trouble...

[jhnvtjll]

I bought at 7, sold at 8, and got back in at 5.85. Going to hold this for a while. This will be back in the teens.

[stock2windaily]

I'm just fine now - I think KEY is a GREAT long-term hold! At least we now know they are financially sound.

[newmny65]

Are you still nervous??? Seems to have recovered just fine. I come home from work and watch my acct. basketball daily-it dont even phase me anymore, however I've added more in the last 2 days- my best preset order hit at 4.50- WOWWW I LOVE it. I'm LONG TERM in the majority of my stocks.

[loniee]

looking at the charts that was a great place to buy,who would have thought it would have fell through..known we have some heavey resistance from 6.60 to 6.80 6.60 TO 6.80 imo

[stock2windaily]

Congrats - I started buying at $6.50 - LOL

[loniee]

thats where I bought in tuesday..

[stock2windaily]

Feels much better - still down - but not by much - LOL! Wishing now I would have pulled the trigger last night at 4.60 and doubled my position.

[loniee]

Pain releif comeing our way..NICE move today

[Twilson]

looking good today!Gooooo KEY!

[stock2windaily]

This is painful - still holding and have decided not to average down anymore - LOL!

[loniee]

No sir.I am going to hang in there on this one...one of the last bottom plays left on the banks...quickly aproching a pincher on the chart also..

[stocksniperz]

dang

[loniee]

looks like we have one more step to go through..
http://ih.advfn.com/p.php?pid=nmona&cb=1244061429&article=38050638&symbol=NY%5EKEY

[stock2windaily]

I do now!

KeyCorp Increases Previously Announced Capital Raise and Successfully Issues $1 Billion of Common EquityLast update: 6/2/2009 11:19:00 AM--'At-the-Market' offering exceeds $750 million goal CLEVELAND, June 2, 2009 /PRNewswire-FirstCall via COMTEX/ -- KeyCorp (KEY) today announced it has increased the aggregate gross sales price of the common shares to be sold in connection with its previously announced "at-the-market" offering from $750 million to $1.0 billion and that it has successfully issued all $1.0 billion in new common shares. Upon completion of the offering, Key will have issued 205,438,975 shares at an average price of $4.87 per share. With the completion of this offering, KeyCorp will have raised approximately $1.3 billion of $1.8 billion in additional common equity as it moves to adjust its capital mix as required by the Supervisory Capital Assessment Program (SCAP) buffer set by the U.S. Department of the Treasury and Federal banking regulators. The $1.3 billion total includes exchanges of approximately $154 million of its Series A Convertible Preferred Stock for its common shares and the sale of select securities and assets providing approximately $127 million in common equity. Key currently anticipates that further exchanges of its Series A Convertible Preferred Stock and trust preferred securities for its common shares, together with additional securities and other asset sales, will fund the balance of the $1.8 billion. "We are pleased to have completed this significant portion of our capital activities," said Henry L. Meyer III, KeyCorp chief executive officer. "We'll focus now on completing the remaining capital activities which will fortify Key should the economy deteriorate later this year and these conditions persist through 2010. It is our intention to be in a position to repay the TARP Capital Purchase Program investment as promptly as permitted." Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $97 billion. BusinessWeek Magazine named Key the top bank in its Customer Service Champ 2009 edition, ranking Key 11th out of the top-25 companies that include many known for their customer service acumen. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit https://. KeyCorp has filed registration statements (including a prospectus) with the SEC for the offerings to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the company has filed with the SEC for more complete information about the company and this offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at . Alternatively, KeyCorp or the sales agent will arrange to send you the prospectus if you request it by contacting KeyCorp, Investor Relations, at 216 689-4221 or Morgan Stanley at 866 718-1649. This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our financial condition, results of operations, asset quality trends and profitability. Forward-looking statements are not historical facts but instead represent only management's current expectations and forecasts regarding future events, many of which, by their nature, are inherently uncertain and outside of KeyCorp's control. KeyCorp's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Factors that may cause actual results to differ materially include, among other things: (1) adverse capital markets conditions and the inability to raise equity and other funding in the capital markets; (2) further downgrades in our credit ratings; (3) unprecedented volatility in the stock markets, public debt markets and other capital markets, including continued disruption in the fixed income markets;(4) changes in interest rates; (5) changes in trade, monetary or fiscal policy; (6) asset price deterioration has had (and may continue to have) a negative effect on the valuation of certain asset categories represented on KeyCorp's balance sheet; (7) continuation of the recent deterioration in general economic conditions, or in the condition of the local economies or industries in which we have significant operations or assets, which could, among other things, materially impact credit quality trends and our ability to generate loans; (8) continued disruption in the housing markets and related conditions in the financial markets; (9) increased competitive pressure among financial services companies due to the recent consolidation of competing financial institutions and the conversion of certain investment banks to bank holding companies; (10) heightened legal standards and regulatory practices, requirements or expectations; (11) the inability to successfully execute strategic initiatives designed to grow revenues and/or manage expenses; (12) increased FDIC deposit insurance premiums; (13) difficulty in attracting and/or retaining key executives and/or relationship managers; (14) consummation of significant business combinations or divestitures; (15) operational or risk management failures due to technological or other factors; (16) changes in accounting or tax practices or requirements; (17) new legal obligations or liabilities or unfavorable resolution of litigation; and (18) disruption in the economy and general business climate as a result of terrorist activities or military actions. For additional information on KeyCorp and the factors that could cause KeyCorp's actual results or financial condition to differ materially from those described in the forward-looking statements consult KeyCorp's Annual Report on Form 10-K for the year ended December 31, 2008, and subsequent filings with the Securities and Exchange Commission available on the Securities and Exchange Commission's website (). Forward-looking statements are not guarantees of future performance and should not be relied upon as representing management's views as of any subsequent date. We do not assume any obligation to update these forward-looking statements.

[loniee]

should all ready be added..that is off of my S.T. info..they have stayed current on the big boards for me..so far

[cosmoworld7]

but does that 502 include the 200 added or will it go up to 700??

[loniee]

I am showing 502.5 mill

..............................................................

4.64/100
Bid/Size
4.65/21100
Ask/Size
4.60
Price Open

4.74
Previous Close
4.71
Day High
4.40
Day Low

0.44
Beta (5yr)
19.51/6/3/08
52wk High/Date
4.40/6/2/09
52wk Low/Date

2.3 Billion
Market Capitalization
502.5 Million
Shares Outstanding
146.40
Volatility Avg (20 day)

21.0 Million
Avg Vol (10 day)
NM
P/E Ratio
-5.01
EPS (TTM)

0.01 (6/15/09)
Declared QRTR Div

Declared Dividend
0.80%
Yield
5/29/2009
Ex-Date

............................................................
Short Interest
Shares Short (Current Month) 37.3M
Short Ratio 1.4x
Short Interest as % of Float 7.44%
Shares Short (Prior Month) 38.7M
*Data updated twice a month by the 18th and 29th respectively

[cosmoworld7]

so what is the total os now?

[loniee]

I did this morning..looks likey they have finished with the offering..and want to pay back tarp as soon as permited..
...............................................................


KeyCorp Increases Previously Announced Capital Raise and Successfully Issues $1 Billion of Common Equity
45 minutes ago - Pr Newswire

Related Companies
Symbol Last %Chg
KEY 4.60 -2.95%

As of 12:04 PM ET 6/2/09
KeyCorp (NYSE: KEY) today announced it has increased the aggregate gross sales price of the common shares to be sold in connection with its previously announced "at-the-market" offering from $750 million to $1.0 billion and that it has successfully issued all $1.0 billion in new common shares.

Upon completion of the offering, Key will have issued 205,438,975 shares at an average price of $4.87 per share.

With the completion of this offering, KeyCorp will have raised approximately $1.3 billion of $1.8 billion in additional common equity as it moves to adjust its capital mix as required by the Supervisory Capital Assessment Program (SCAP) buffer set by the U.S. Department of the Treasury and Federal banking regulators. The $1.3 billion total includes exchanges of approximately $154 million of its Series A Convertible Preferred Stock for its common shares and the sale of select securities and assets providing approximately $127 million in common equity.

Key currently anticipates that further exchanges of its Series A Convertible Preferred Stock and trust preferred securities for its common shares, together with additional securities and other asset sales, will fund the balance of the $1.8 billion.

"We are pleased to have completed this significant portion of our capital activities," said Henry L. Meyer III, KeyCorp chief executive officer. "We'll focus now on completing the remaining capital activities which will fortify Key should the economy deteriorate later this year and these conditions persist through 2010. It is our intention to be in a position to repay the TARP Capital Purchase Program investment as promptly as permitted."

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $97 billion. BusinessWeek Magazine named Key the top bank in its Customer Service Champ 2009 edition, ranking Key 11th out of the top-25 companies that include many known for their customer service acumen. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit https://www.key.com/.

KeyCorp has filed registration statements (including a prospectus) with the SEC for the offerings to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the company has filed with the SEC for more complete information about the company and this offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, KeyCorp or the sales agent will arrange to send you the prospectus if you request it by contacting KeyCorp, Investor Relations, at 216 689-4221 or Morgan Stanley at 866 718-1649.

This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our financial condition, results of operations, asset quality trends and profitability. Forward-looking statements are not historical facts but instead represent only management's current expectations and forecasts regarding future events, many of which, by their nature, are inherently uncertain and outside of KeyCorp's control. KeyCorp's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements.

Factors that may cause actual results to differ materially include, among other things: (1) adverse capital markets conditions and the inability to raise equity and other funding in the capital markets; (2) further downgrades in our credit ratings; (3) unprecedented volatility in the stock markets, public debt markets and other capital markets, including continued disruption in the fixed income markets;(4) changes in interest rates; (5) changes in trade, monetary or fiscal policy; (6) asset price deterioration has had (and may continue to have) a negative effect on the valuation of certain asset categories represented on KeyCorp's balance sheet; (7) continuation of the recent deterioration in general economic conditions, or in the condition of the local economies or industries in which we have significant operations or assets, which could, among other things, materially impact credit quality trends and our ability to generate loans; (8) continued disruption in the housing markets and related conditions in the financial markets; (9) increased competitive pressure among financial services companies due to the recent consolidation of competing financial institutions and the conversion of certain investment banks to bank holding companies; (10) heightened legal standards and regulatory practices, requirements or expectations; (11) the inability to successfully execute strategic initiatives designed to grow revenues and/or manage expenses; (12) increased FDIC deposit insurance premiums; (13) difficulty in attracting and/or retaining key executives and/or relationship managers; (14) consummation of significant business combinations or divestitures; (15) operational or risk management failures due to technological or other factors; (16) changes in accounting or tax practices or requirements; (17) new legal obligations or liabilities or unfavorable resolution of litigation; and (18) disruption in the economy and general business climate as a result of terrorist activities or military actions.

For additional information on KeyCorp and the factors that could cause KeyCorp's actual results or financial condition to differ materially from those described in the forward-looking statements consult KeyCorp's Annual Report on Form 10-K for the year ended December 31, 2008, and subsequent filings with the Securities and Exchange Commission available on the Securities and Exchange Commission's website (www.sec.gov). Forward-looking statements are not guarantees of future performance and should not be relied upon as representing management's views as of any subsequent date. We do not assume any obligation to update these forward-looking statements.

SOURCE KeyCorp

https://www.key.com/
g

...............................................................

[cosmoworld7]

Do you think this is a good time to buy?

[stock2windaily]

Getting nervous and still holding - thinking of selling now - can't seem to find a bottom!

[stock2windaily]

I bought at $6.15 - I then doubled my position at $5.25 - I couldn't believe it hit $4.73 - that was a shocker!

I am hoping that KEY will announce that it has sold shares and raised the money it has needed to pass the stress test.

This would BOOM after news like that! I think it will happen - just a matter of patience.

[newmny65]

I jumped in 5.10s- LONG HOLD for me, naturally it drops after I buy- looking to add if it hits 4.70s again. THOUGHTS ANYONE??

[stock2windaily]

Well - due to the SWINE Flu - I sold my shares of KEY today!

[Quaaflac]

Anyone experience problems with this bank ? Customer service sucks.imo

[profiteer11]

http://www.courier-journal.com/article/20081122/BUSINESS/811220432/1003

[profiteer11]

http://www.marketintelligencecenter.com/articles/703984

[profiteer11]

http://www.schaeffersresearch.com/commentary/content/keycorp+earnings+projections+lowered+at+ladenburg+thalmann/observations.aspx?ID=88813

[profiteer11]

http://www.apply-best-credit-card.com/keycorp-shares-dip-as-analyst-cuts-profit-estimate/

[profiteer11]

Puttin the time away

[profiteer11]

I'm shortin this one

[profiteer11]

“We have experienced the most severe financial crisis any of us has known in our business lifetime,” said Henry Meyer, chief executive of KeyCorp.

http://www.ft.com/cms/s/0/990fe3ce-9fb2-11dd-a3fa-000077b07658.html?nclick_check=1

[profiteer11]

Bad News and still it went up

[AMA]

Just dumped my $9.40's from yesterday

[stock2windaily]

I didn't add today - but I have it on watch also - if it gets to the 9's again - I am adding.

[PSChaser]

I'm looking for another point to buy more. Would love to see it move (temporarily) into the 8's--I doubt it will make 9's. This stock moves so quick. Good news out of Kudlow's interview with Paulson (on a few fronts).