0
0.0
Aug 12, 2024
08/24
by
FBC
tv
eye 0
favorite 0
quote 0
keycorp is up 12%. nvidia is up for nearly 5%, insula and comerica. have we done the nasdaq winners, starbucks, decks come, micron and take two interactive all up. still ahead christian whiton on israel bracing for another direct attack from iran, border guy tom homan on here is promising to fix our broken immigration system. doctor siegel on a new drug the doctors say could help in the opioid crisis. the 11:00 o'clock hour is next. ♪ ♪ i have type 2 diabetes, but i manage it well ♪ ♪ it's a little pill with a big story to tell ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's staaart ♪ ♪ as time went on, it was easy to seeee ♪ ♪ i'm lowering my a1c ♪ jardiance works 24/7 in your body to flush out some sugar. and for adults with type two diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital, yeast, or urinary tract infection
keycorp is up 12%. nvidia is up for nearly 5%, insula and comerica. have we done the nasdaq winners, starbucks, decks come, micron and take two interactive all up. still ahead christian whiton on israel bracing for another direct attack from iran, border guy tom homan on here is promising to fix our broken immigration system. doctor siegel on a new drug the doctors say could help in the opioid crisis. the 11:00 o'clock hour is next. ♪ ♪ i have type 2 diabetes, but i manage it well ♪ ♪...
0
0.0
Aug 12, 2024
08/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
scarlet: so, that is a look from scotia bank, but what does it do for keycorp?will dilute their shareholders but investors seem positive, so there have to be some advantages that they see. >> absolutely. if you recall they are one of the regional banks that got hit quite hard last year during the regional bank crisis in the united states and part of the reason was the very high costs of funding. the bank has been working to reposition its balance sheet. the ceo, christopher gorman, said today that they would use half of the proceeds they got from the deal to reposition the securities that they own towards shorter duration hider -- higher yield securities. so, because they will be changing the costs of funding, they are hoping to see a significant increase in net interest income, which is a part of why you are seeing investors really loving that deal for them today. scarlet: the stock up at the moment, christine, thank you for joining us. we are closely watching another firm, shares of brian riley. the founder said that he and the firm received subpoenas from the
scarlet: so, that is a look from scotia bank, but what does it do for keycorp?will dilute their shareholders but investors seem positive, so there have to be some advantages that they see. >> absolutely. if you recall they are one of the regional banks that got hit quite hard last year during the regional bank crisis in the united states and part of the reason was the very high costs of funding. the bank has been working to reposition its balance sheet. the ceo, christopher gorman, said...
0
0.0
Aug 12, 2024
08/24
by
CNBC
tv
eye 0
favorite 0
quote 0
up 8% and this after scotia bank in canada, inks a deal to take a nearly 15% stake in keycorp for $2.8lion in cash and another tranche in the beginning of next year, but overall keycorp benefiting from some of that minority investment coming from scotia bank and we'll see if that spurs activity in the regional lenders, kelly. i'll send things back over to you. >> very curious to see if that's the case, dom, thanks. >> my next guest says when it comes to markets expect the unexpected especially as they start to ease. let's bring in aaron dunn. good to have you here all of the way down from boston. >> glad to be here. what's the significance? i know it's an obvious question, but as you think through it, what are the ops as they start to ease? >> i think there's a global easing cycle coming. we saw it in london. we saw it in the uk and we saw it in australia and it caused the yen carry trade to unwind which is very technical and it's good to see the markets calm down from last week and i'm pretty positive about that. what we're really looking at in our view is the restrictive monetary pol
up 8% and this after scotia bank in canada, inks a deal to take a nearly 15% stake in keycorp for $2.8lion in cash and another tranche in the beginning of next year, but overall keycorp benefiting from some of that minority investment coming from scotia bank and we'll see if that spurs activity in the regional lenders, kelly. i'll send things back over to you. >> very curious to see if that's the case, dom, thanks. >> my next guest says when it comes to markets expect the unexpected...
0
0.0
Aug 12, 2024
08/24
by
CNBC
tv
eye 0
favorite 0
quote 0
keycorp the top gainer on the s&p 500 on a new investment from the bank of nova scotia.
keycorp the top gainer on the s&p 500 on a new investment from the bank of nova scotia.
0
0.0
Aug 12, 2024
08/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> and market winners and se.s keycorp rising 14% and starbucks.l sentiment s help you find and unlock opportunities in the market. e*trade from morgan stanley with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley ♪♪ some things stand the test of time, like a family car. the hartford has been insuring experienced drivers for generations. many who switch to the aarp auto insurance program from the hartford. saved an average of $577. for what's worth protecting, the hartford is here. to get your free quote, go to the buck's got your back. >>> rising geopolitical tensions in the middle east and recession fears keeping the energy sector on edge. joining us now is goldman sachs head of oil research. great to see you here. kind of in this offsetting currents, i guess, in the energy markets. oil's been in a range. what do you think is, i guess, the key
. >>> and market winners and se.s keycorp rising 14% and starbucks.l sentiment s help you find and unlock opportunities in the market. e*trade from morgan stanley with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley ♪♪ some things stand the test of time, like a family car. the...
0
0.0
Aug 7, 2024
08/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> i own keycorp for the dividend but the stock is stuck in the $14 a $16 range, should i keep it? is federalist. a conclusion of the lighting around. >> the lightning round is sponsored by charles schwab. >> coming up, crypto was crushed in the selloff but jim cramer is not throwing away the tokens. appreciate it so much. thank you. doors are new beginnings. -surprise! -surprise! your dedicated fidelity advisor can help you open those doors. for you, mama. through personalized money management that can evolve with new chapters. and they can proactively view your entire portfolio. with an eye on taxes and the impact of risk. so you can enjoy moments together. because doors were meant to be opened. >> it is the turn of crypto in the woodshed, we are transfixed by the evisceration of bitcoin during the downturn of the s&p 500, told this should not be crushed with the stock market. if anything, they should hold the room if not go higher. the theorem is made by the recently made fidelity theorem fund which fell from $32 to $24 , wasn't this the transactional crypto that can be used to
>> i own keycorp for the dividend but the stock is stuck in the $14 a $16 range, should i keep it? is federalist. a conclusion of the lighting around. >> the lightning round is sponsored by charles schwab. >> coming up, crypto was crushed in the selloff but jim cramer is not throwing away the tokens. appreciate it so much. thank you. doors are new beginnings. -surprise! -surprise! your dedicated fidelity advisor can help you open those doors. for you, mama. through...
0
0.0
Aug 12, 2024
08/24
by
FBC
tv
eye 0
favorite 0
quote 0
scotia bank will pay $17.17 a share for its taking keycorp the stock is at 1589 and expected to closey the first quarter of 2025. b riley financial is still having a lot of difficulty it is tumbling 53% the financial services company says it expects a net loss of 435 - $475 million for the second quarter be brightly shares plummeted on a probe by the security and exchange commission into whether properly disclose the financial health and asset risks with investors, b riley says it expects a non-cash marked out of 330 - $370 million on the investment and franchise groups. in the vintage capital loan which led the b riley company to suspend its dividend. when you suspend the dividend that is a problem as part of intel's problem, they suspended their dividend. israelis are on high alert, they are not the only ones possible retaliatory strikes by iran and the militant groups against israel at the entire region on edge and quietly picking sides. were going to get to a live report from the pentagon in just a second and the 2024 presidential race also looming what are the candidates plans an
scotia bank will pay $17.17 a share for its taking keycorp the stock is at 1589 and expected to closey the first quarter of 2025. b riley financial is still having a lot of difficulty it is tumbling 53% the financial services company says it expects a net loss of 435 - $475 million for the second quarter be brightly shares plummeted on a probe by the security and exchange commission into whether properly disclose the financial health and asset risks with investors, b riley says it expects a...
0
0.0
Aug 12, 2024
08/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i could see why keycorp wanted to do it., their shareholders didn't seem to be happy almost taking out the entire amount of the deal, although we got to -- it was down that much in canadian dollars, i know u.s. dollar purchase was more. i think it's sort of an interesting deal for both of them, actually, and because bank of nova scotia now can be from canada to the u.s. to mexico. i get that people didn't like it. should give it a little more time. >> look at the kre at the beginning of august has not traded well at all. i think this will continue. it's not unlike what we have seen in the iwm, which obviously had that huge sort of relief rally, and it's given the entire thing back. the two go hand in hand. i believe the unemployment rate is going higher. i believe the consumer is 70%ish of the economy. if that is, in fact, the case, almost by definition, i think these banks are going to have difficulty here. >> i think it's an interesting deal. there's some sense that the combined banks, also the repositioning of the securit
i could see why keycorp wanted to do it., their shareholders didn't seem to be happy almost taking out the entire amount of the deal, although we got to -- it was down that much in canadian dollars, i know u.s. dollar purchase was more. i think it's sort of an interesting deal for both of them, actually, and because bank of nova scotia now can be from canada to the u.s. to mexico. i get that people didn't like it. should give it a little more time. >> look at the kre at the beginning of...
0
0.0
Aug 12, 2024
08/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
keycorp has about 1000 u.s.assets and was among the hardest hit regional banks and last year's crisis after the fed hiked interest rates. a mix of economic uncertainty and a weak period for earnings forecast is likely to cap stock market gains, according to morgan stanley's mike wilson. he expects the s&p 500 to rage 5000to 5400 as he sees no clear signals for the short term. wilson says we're likely to see analysts put downgrades that outnumber upgrades with seasonal weakness. counterparts at j.p. morgan also said they expect a mix outlook do this summer months. that is your bloomberg brief. lisa: we're going to take a poll about whether people should be leisure or leisness in terms of blending them. up next, testing the soft landing pieces. >> up to five cuts before the end of the year with only three meetings seems massively obsessive, completely priced the fed wrong. lisa: that is next. this is "bloomberg surveillance." ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives
keycorp has about 1000 u.s.assets and was among the hardest hit regional banks and last year's crisis after the fed hiked interest rates. a mix of economic uncertainty and a weak period for earnings forecast is likely to cap stock market gains, according to morgan stanley's mike wilson. he expects the s&p 500 to rage 5000to 5400 as he sees no clear signals for the short term. wilson says we're likely to see analysts put downgrades that outnumber upgrades with seasonal weakness. counterparts...