On Thursday, Shares of KeyCorp. (NYSE:KEY), lost -0.78% to $15.17.
KeyCorp, declared second quarter net income from ongoing operations attributable to Key common shareholders of $230 million, or $.27 per common share, contrast to $222 million, or $.26 per common share, for the first quarter of 2015, and $242 million, or $.27 per common share, for the second quarter of 2014.
For the six months ended June 30, 2015, net income from ongoing operations attributable to Key common shareholders was $452 million, or $.52 per common share, contrast to $474 million, or $.53 per common share, for the same period one year ago.
KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.
Shares of CSX Corp. (NYSE:CSX), declined -0.71% to $32.17, during its last trading session.
CSX, launched the company’s fifth annual Corporate Social Responsibility Report, Moving Forward, highlighting progress in 2014 toward company aims related to business performance, employee empowerment, environmental sustainability and community investment.
“CSX practiced one of the most dynamic years in our nearly 190-year history in 2014, and we have many achievements to celebrate,” said Michael J. Ward, chairman and chief executive officer. “Our employees bring Corporate Social Responsibility to life every day by operating responsibly in the communities where we live and work – and we take great pride in that. This report is about our work to meet the needs of our various stakeholders and our plan to continue anticipating the demands of tomorrow.”
CSX Corporation, together with its auxiliaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers.
Finally, Nabors Industries Ltd. (NYSE:NBR), ended its last trade flat, and closed at $12.85.
Nabors Industries, declared the execution of an amendment to its existing committed, unsecured revolving credit facility. Under the terms of the amendment, the borrowing capacity under the revolving credit facility has been raised to $2.2 billion . In addition, the term of the revolving credit facility has been extended until July 2020. The current rate under the revised facility has been reduced to LIBOR plus 125 bps with standby fees of 15 bps applying to the undrawn commitment. Nabors anticipates to use the extended facility to provide financial flexibility for planned investment opportunities, debt refinancing and other corporate uses.
Under the terms of the revolving credit agreement, as amended, Citigroup Global Markets Inc., Mizuho Bank , Ltd., HSBC Bank USA , N.A. and Wells Fargo Bank Securities, LLC., are joint lead arrangers and bookrunners. The lenders participating in the facility are Citibank, N.A., Mizuho Bank , Ltd., HSBC Bank USA , N.A., Wells Fargo Bank, N.A., HSBC Bank Canada, Bank of America, N.A., Bank of Tokyo-Mitsubishi UFJ, Ltd., PNC Bank, National Association, Deutsche Bank AG New York Branch, Morgan Stanley Bank, N.A., Compass Bank, U.S. Bank National Association, Goldman Sachs Bank USA , Sumitomo Mitsui Banking Corporation, Australia and New Zealand Banking Group Limited, Arab Banking Corporation, Grand Cayman Branch, and Riyad Bank , Houston Agency.
Nabors Industries Ltd., together with its auxiliaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services.
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