Watch List: KeyCorp, Constellation Brands, Saks, FedEx Corporation

Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- 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:-

KeyCorp (NYSE:KEY) shares gained 1.42% to $10. 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.

How Should Investors Trade KEY After The Recent Price movement? Find out Here

Constellation Brands, Inc.(NYSE:STZ) shares jumped 1.41% and closed at $43.89. The company announced it will report financial results for its fiscal fourth quarter and full year ended Feb. 28, 2013, on Wed., April 10, 2013, before the open of the U.S. markets. A conference call to discuss financial results will be hosted by President and Chief Executive Officer Rob Sands and Executive Vice President and Chief Financial Officer Bob Ryder at 10:30 a.m. eastern time, April 10, 2013.

Is STZ a Strong Buying Opportunity After The Recent Slump? Find out Here

Saks Inc(NYSE:SKS) shares gained 1.40% to $11.62 in the last trading session. The company, on Feb. 26, announced results for the fourth quarter and fiscal year ended February 2, 2013. For the fourth quarter ended February 2, 2013, the Company recorded net income of $20.4 million, or $.13 per diluted share. For the fiscal year ended February 2, 2013, the Company recorded net income of $62.9 million, or $.41 per diluted share.

Is SKS a Pump & Dump Stroy? Let’s Find out Here

FedEx Corporation(NYSE:FDX) shares increased 1.35% and closed at $107.87. The company will begin trading ex-dividend on March 07, 2013. A cash dividend payment of $0.14 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased FDX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that FDX has paid the same dividend.

Is FDX a Strong Buying Opportunity After The Recent Gain? Find out Here

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