Tuesday, April 17, 2007

UPDATE 1-KeyCorp 1st-qtr profit rises 21 pct, cuts forecast

(Reuters) - The Cleveland-based company also lowered its full-year profit forecast, citing a difficult interest-rate environment.

Net income rose to $350 million, or 87 cents per share, from $289 million, or 70 cents, a year earlier. Profit from continuing operations was $358 million, or 89 cents per share.


Read more at Reuters.com Market News

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