Check out the companies making the biggest moves in premarket trading: KeyCorp — Shares of the Cleveland-based regional bank jumped 18% after the announcement of a minority investment from The Bank of Nova Scotia. The deal gives Scotiabank 14.9% of KeyCorp's common stock for roughly $2.8 billion in cash. Starbucks — Shares of the coffee chain added 2.
Hawaiian Electric Industries — The electric services stock plunged nearly 10% after Hawaiian Electric Industries said it does not yet have a financing plan for the payment of a $1.71 billion Maui windstorm and wildfire settlement. The company also posted a consolidated net loss of $1.30 billion in the second quarter, compared to net income of $55.1 million in the year-ago period, citing a goodwill impairment charge.
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