Lakeway, NY -- (SBWIRE) -- 03/08/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
ICICI Bank Limited (ADR) (NYSE:IBN) shares gained 2.72% to $44.17. Business Standard last month reported that Telecom services provider Aircel in partnership with ICICI Bank Ltd has launched mobile banking service, Mobile Money, running on Visa's mobile managed service. The service financial services like cash deposits and withdrawals, third party money transfer and utility bill payments on user's mobile phones. The customers will be able to use the service without a data connection service, Aircel said in a statement. The service will be initially be available in Tamil Nadu, it said, adding that rollout to other parts the country will happen during 2013.
Is IBN a Strong Buy After The Recent Gain? Let’s Find out Here
KeyCorp (NYSE:KEY) shares gained 2.69% to $9.92. The company recently entered into a partnership with Genpact, a business and technology company with operations worldwide. Its work for Key will be based in India. About 60 jobs at Key, including 20 in Cleveland, will be eliminated as a result during the next 11 months. Additional jobs are expected to be cut in the future.
Additionally, the company has agreed to sell its investment management and broker-dealer units. The company said it plans to use the money it raises to buy back common stock.
Is KEY a Strong Buying Opportunity After The Recent Slump? Find out Here
The Boeing Company (NYSE:BA) shares gained 2.49% to $81.05. The Federal Aviation Administration is close to approving tests of Boeing’s approach to fixing the batteries on its 787 jets, and the tests could begin next week, federal and industry officials said on Mar. 6.
Additionally, the company, last month, announced that Air China has agreed to buy two Boeing 747-8 Intercontinentals, one 777-300ER (Extended Range) and 20 Next-Generation 737-800s. In addition, Air China Cargo, a subsidiary of Air China, has agreed to buy eight 777 Freighters. The airline plans to expand its capacity to meet growing demand in Asia-Pacific and China, the most dynamic market for commercial airplanes.
Should Investors Consider BA After The Recent price Action? Get Free Trend Analysis Here
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