It was reported on 4 March 2015, that KeyCorp (NYSE:KEY) has named Mark Danahy president of its mortgage operations. The $91.8 billion-asset KeyCorp created the position as it looks to expand its residential mortgage business. Danahy has worked in the mortgage business for more than 25 years, most recently as managing director of Citigroup’s U.S. mortgage operation from July 2011 to May 2014. On Friday shares of KeyCorp. (NYSE:KEY) closed at $14.31. Company’s sales growth for last 5 years was -7.60% and EPS growth for next 5 years is recorded as 9.60%.
Analysts at Scotiabank downgraded shares of Domtar Corporation (NYSE:UFS) from a “sector outperform” rating to a “sector perform” rating and set a $45.50 price target on the stock in a research note on Tuesday, February 17th. Domtar Corporation (NYSE:UFS) in last trading activity increased 4.42% to close at $45.58. Company weekly performance is 0.84% while its quarterly performance stands at 11.50%. Domtar Corporation (NYSE:UFS) is -18.99% away from its 52 week high.
Kellogg Company (NYSE:K) pleased on 5 March 2015, to again be named among the “Top 50 Companies for Executive Women” by the National Association for Female Executives (NAFE). On last trading day Kellogg Company (NYSE:K) moved down -2.47% to close at $62.47. Its volatility for the week is 1.56% while volatility for the month is 1.43%. K’s sales growth for past 5 years was 3.00% and its EPS growth for past 5 years was -11.00%. Kellogg Company (NYSE:K) monthly performance is -5.55%.
NewBridge Bancorp (NASDAQ:NBBC) announced on 2 March 2015, that NewBridge Bank has successfully completed its merger and systems conversion with Premier Commercial Bank. The merger results in a community bank with total assets of $2.7 billion and an expanded banking presence in Greensboro, home to both financial institutions. NewBridge Bancorp (NASDAQ:NBBC) has 2.00% insider ownership while its institutional ownership stands at 49.40%. In last trading activity company’s stock closed at $8.26.
Cisco Systems, Inc. (NASDAQ:CSCO) is turning its M&A endeavours towards application. Chief Govt Officer John Chambers is aggressively pursuing program takeovers as he seeks to transform a corporation once acknowledged for Internet plumbing products these as routers into the world’s No. one info-technologies company. On Friday shares of Cisco Systems, Inc. (NASDAQ:CSCO) closed at $28.92. Company’s sales growth for last 5 years was 5.50% and EPS growth for next 5 years is recorded as 7.70%.