Orlando, FL -- (SBWIRE) -- 09/09/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On KeyCorp (NYSE:KEY), Sprint Nextel Corporation (NYSE:S).
KeyCorp (NYSE:KEY) stock jumped 0.51% to $11.90. Credit Suisse analysts upgraded financial services firm KeyCorp (KEY) on Sep. 6, as they believe the company deserves a higher multiple based on a better capital deployment outlook. The analysts upgraded KEY from “Neutral” to “Outperform” and see shares reaching $14. Additionally, KEY’s stock was upgraded by analysts at Barclays Capital from an “equal weight” rating to an “overweight” rating in a report issued on Sept. 3.
Separately,, Randy Paine on August 23 has been named President of KeyBanc Capital Markets Inc., the broker/dealer subsidiary and corporate and investment banking platform of KeyCorp (NYSE: KEY). In connection with Mr. Paine's added responsibilities, he will also assume oversight of Key's Public Finance and Public Sector business segments.
Are investors worried about the recent updates with KEY? Find out with a free trend analysis HERE
Sprint Nextel Corporation (NYSE:S) shares closed at $6.47. The company on August 27 said it is eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, however, Sprint said it expects the company's work force to remain at about 40,000. Sprint Corp. said most of the affected workers were notified last Thursday. Others will be told next month after Sprint figures out which additional positions will be cut. The company said the cuts are at various locations across the country.
Additionally, the company on August 15 have teamed to achieve two significant milestones in speed and capacity on Sprint’s network. The trials validate Sprint’s leadership in deploying new network technologies designed to meet exponential growth in demand for data by Sprint business and consumer customers.
Is S going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)