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New York, NY -- (SBWIRE) -- 10/18/2012 -- KeyBanc (NYSE: KEY) issued its quarterly earnings data on Thursday. The company reported $0.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.21 by $0.02. KeyBanc’s revenue was up 8.1% compared to the same quarter last year. KeyBanc (KEY) traded up 4.93% on Thursday, hitting $8.825. KeyBanc (KEY) has a 52-week low of $6.34 and a 52-week high of $9.12. The company has a market cap of $8.326 billion and a price-to-earnings ratio of 9.59. A number of research firms also recently commented on KEY. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of KeyBanc in a research note to investors on Tuesday, October 9th. They now have a $9.00 price target on the stock. On a related note, analysts at FBR Capital reiterated a “market perform” rating on shares of KeyBanc in a research note to investors on Monday, October 8th. They now have a $8.00 price target on the stock.
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Huntington Bancsh (NasdaqNM: HBAN) reported EPS in 0.62. For the Current Fiscal year, the company is expected to report EPS of 0.67. For the Next Quarter and Next Year, the company is expected to report EPS of 0.17 and 0.67 respectively. At Current Market Price, HBAN is in distance of -1.90% from its 50-day Moving Average price of $6.9114 and +4.00% from its 200-day Moving Average price of $6.5191. Huntington Bancshares Inc announced that the Board of Directors declared a quarterly cash dividend on common stock of $0.04 per common share. The dividend is payable January 2, 2013, to shareholders of record on December 18, 2012. The Company also announced that the Board of Directors has declared a quarterly cash dividend on 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock of $21.25 per share.
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MGM Resorts (NYSE:MGM) International said Thursday that the Macau government granted the company's Chinese unit a lease to develop a luxury resort and casino in Macau's Cotai district, though the project still awaits official approval to begin construction.MGM China Holdings Ltd. paid the government about $56 million as the initial payment for a land concession.The resort, with a budget of $2.5 billion, is expected to be built on a 17.8-acre site and include roughly 1,600 hotel rooms, 500 gambling tables and 2,500 slot machines. Construction is expected to take up to three years. Official statistics showed Macau's gambling revenue in September increased 12 percent year-on-year to 23.87 billion patacas ($2.99 billion). The city posted a 42 percent rise in gambling revenue in 2011 compared to 2010.
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AT&T (NYSE: T)‘s stock had its “equal weight” rating reiterated by equity research analysts at Barclays Capital in a research note issued to investors on Wednesday. They currently have a $39.00 price target on the stock.T has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of AT&T in a research note to investors on Tuesday. They now have a $31.00 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of AT&T in a research note to investors on Monday, October 8th. They now have a $38.00 price target on the stock. Finally, analysts at Piper Jaffray reiterated an “overweight” rating on shares of AT&T in a research note to investors on Thursday, October 4th. They now have a $40.00 price target on the stock.AT&T traded up 0.94% on Wednesday, hitting $35.732. AT&T has a 52-week low of $27.41 and a 52-week high of $38.58. The company has a market cap of $206.1 billion and a price-to-earnings ratio of 47.26.
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