On Thursday, Shares of KeyCorp (NYSE:KEY), subtract -3.07% and closed at $12.31 in the last trading session. The last trading range of the stock ranges between $12.20 and $12.57. KeyCorp’s (KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s leading bank-based financial services companies with assets of about $101 billion as of June 30, 2016. The acquisition of First Niagara Financial Group, which became effective on August 1, 2016, added assets of about $40 billion, based on June 30, 2016 balances. Key provides deposit, lending, cash administration, insurance and investment services to individuals and small and mid-sized businesses in 15 states under the names KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
Oclaro, Inc. (NASDAQ:OCLR), dropped -3.59% and closed at $8.06 in the last trading session. The last trading range of the stock ranges between $7.76 and $8.31. The company’s Market capitalization is $1.33 Billion with the total outstanding Shares of 165.90 million. Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The companys products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, counting pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, in addition to through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators.
Medical Properties Trust, Inc. (NYSE:MPW), jumped 0.35% and closed at $14.21 in the last trading session. The last trading range of the stock ranges between $14.03 and $14.55. During the 52-week trading session the minimum price at which share price traded, registered at $9.61 and reached to max level of $15.91. Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company also provides mortgage loans to healthcare operators, in addition to working capital and other term loans to its tenants/borrowers. As of February 24, 2011, its portfolio consisted of 58 properties, counting 22 general acute care hospitals, 17 long-term acute care hospitals, 9 inpatient rehabilitation hospitals, 2 medical office buildings, and 6 wellness centers, in addition to 2 non-owned general acute care facilities. The company has elected to be taxed as a REIT under the Tax Code. As a REIT, it would not be subject to federal income tax purposes, offered that it distributes at least 90% of its REIT taxable income to its shareholders.