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S&P Global downgrades the credit ratings of several U.S. banks two weeks after Moody's took similar action.
S&P Global Ratings downgraded five regional US banks by one notch and signaled a negative outlook for several others on Monday.
S&P Global on Monday cut credit ratings and revised its outlook for multiple U.S. banks, following a similar move by Moody's, warning that funding risks and weaker profitability will likely test the s

Is KeyCorp Stock a Buy?

08:19am, Thursday, 17'th Aug 2023
KeyCorp has struggled this year, but it is trading below book value. It has a high dividend yield of 7.4%.
Investors turn bearish on JPMorgan (JPM), Bank of America (BAC), Comerica (CMA), Western Alliance (WAL) & KeyCorp (KEY) as banks brace for another ratings downgrade, this time from the Fitch.

3 Top Value Stocks to Buy Right Now

05:07am, Wednesday, 16'th Aug 2023
The banking liquidity crisis from earlier this year was only a crisis for a handful of banks. KeyCorp wasn't one of them -- and still isn't.

Financial stocks weaken on multiple headwinds

11:10am, Tuesday, 15'th Aug 2023
Financial stocks are among the worst-performers in the S&P 500 SPX on Tuesday, after more than one fresh challenge in the sector. FDIC Chairman Martin Gruenberg said large regional banks should face n
The S&P 500 rose 0.6% on Monday, Aug. 14, 2023, while the Dow and Nasdaq gained as well, as semiconductor stocks boosted the indexes.
I'm no more certain than the next speculator regarding the fate of bank stocks in 2023. We're all aware that this year has been a tough one for the sector.
Bank stocks as a group were dramatically underperforming the overall stock market on Tuesday. Ratings agency Moody's downgraded or changed its outlook on several banks, and placed others under review

Why KeyCorp Stock Jumped 33% in July

03:26pm, Monday, 07'th Aug 2023
KeyCorp missed both revenue and earnings estimates in the second quarter. It has a high dividend yield.
Advance Auto Parts is by far the worst performer on the broad-market index. KeyBank has gotten tripped up by the regional banking crisis.
During the first five months of 2023, there were investors who had difficulty believing in a sustained stock-market rally because the action was dominated by the largest technology companies. But the
Yahoo Finance's Myles Udland and Seana Smith discuss regional bank stocks following earnings and the regional bank crisis.
Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.
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