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Bank-based financial services company $KEY posted higher 2Q16 earnings due to higher income before income taxes. Net income from continuing operations was $193MM, or $0.23 per diluted EPS vs. $230MM, or $0.27 per diluted share in 2Q15. Revenue was stable from 2Q15 and was up 3% from 1Q16.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.