Rochester, NY 6/25/2009 10:18:16 PM
Late Morning Report - KEY - Key Grants $1 Million To Cleveland Clinic - Sourced WhisperFromWallStreet.com
KeyCorp
Late Morning Report - KEY - Key Grants $1 Million To Cleveland Clinic - Sourced WhisperFromWallStreet.com
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KEYCORP,KEY
5.03 Down 0.13 (2.52%) 11:12AM ET
KeyCorp Chairman and CEO Henry L. Meyer III today presented a $1 million Key Foundation grant to Delos M. "Toby" Cosgrove, M.D., chief executive officer and president of The Cleveland Clinic. The grant endows in perpetuity a full-tuition minority student scholarship to The Cleveland Clinic Lerner College of Medicine in tandem with support for the clinic's multimillion dollar campaign for construction of a new Heart Center.
"More than ever, it's critically important for diversity in the medical community to keep pace with the rapid multicultural growth we're experiencing nationwide," says Cosgrove. "Strong doctor/patient relationships are essential to delivering quality healthcare, and diversity plays a pivotal role in our ability to understand and effectively communicate with patients and families we serve. There's a lot of good work to be done and, through the generosity of organizations like Key, scholarships of this kind are making a difference."
Last Trade: 5.02
Day's Range: 5.01 - 5.28
52wk Range: 4.40 - 17.30
Volume: 8,680,621
ABOUT
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company offers various deposit and loan products. Its deposit product portfolio includes NOW accounts, money market deposit accounts, savings deposits, certificates of deposit, and time deposits.
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