Credit Suisse Stories
China's Sinohydro plans more than $2.5 bln Shanghai IPO
China's Sinohydro Group Ltd, the builder of the Three Gorges dam, plans to raise more than $2.5 billion in what could be mainland China's biggest initial public offering this year.
Credit Suisse may cut up to 2,000 jobs: report
Credit Suisse will likely announce cost savings measures including a cut of 1,500-2,000 jobs, a Swiss paper reported on Tuesday, without naming any sources.
Japan repeats warning on yen rise as calls for action grow
Japanese Finance Minister Yoshihiko Noda kept up his warning to markets against pushing up the yen too much, saying that he was aware of demands from the business sector for authorities to act against yen rises that hurt the export-reliant economy.
Credit Suisse unlikely to get help over U.S. tax probe
Switzerland's parliament would not vote for a second tax treaty to help settle U.S. charges that Credit Suisse bankers helped wealthy Americans evade taxes, Swiss politicians were quoted as saying on Sunday.
Express Scripts to Buy Medco Health For $29B, Shares Up
Express Scripts, Inc. (NASDAQ:ESRX) said it agreed to buy Medco Health Solutions, Inc. (NYSE:MHS) for $29.1 billion cash and stock deal that would see Express Scripts becoming the largest pharmacy-benefits manager in the U.S.
U.S. weighs Credit Suisse tax evasion charges-sources
Authorities are considering indicting Swiss bank Credit Suisse over its role in providing offshore private banking services that enabled scores of wealthy Americans to evade taxes, according to current and former senior government sources briefed on the matter.
UBS to axe 5,000 jobs, CS to cut 1,000: reports
UBS is set to cut around 5,000 jobs to save 1 billion Swiss francs ($1.20 billion) while rival Credit Suisse is planning to axe about 1,000 staff, Swiss newspapers reported on Thursday.
Baidu picks Microsoft for English search
China's Baidu is to partner with Microsoft for English-language search, giving the U.S. software giant a chance to expand its tiny Web presence in a market Google has stepped back from, and helping the Chinese company's international ambitions.
Analysts view: Geithner has not made decision on leaving
U.S. Treasury Secretary Timothy Geithner will not make any decision about leaving the Obama administration while focused on striking a deal to raise the U.S. debt limit, a U.S. Treasury official said on Thursday.
Get ready to pay more for a Coke
Coca-Cola company announces price increase.
Coca-Cola to raise prices in July
Coca-Cola Co plans to raise prices on its soft drinks by 3 percent to 4 percent in July, in addition to a 2 percent increase taken earlier this year, a company spokesman said on Friday.
Apple May Launch Cheaper iPhone Along with iPhone 5
It is more or less sure that Apple may be launching its next version of iPhone - dubbed as iPhone 5 - in late September or October to capitalize on holiday demand.
Best Buy ups dividend, sets $5 billion share buyback
Best Buy Co's board raised its quarterly dividend by 7 percent to 16 cents a share and approved a plan to buy back $5 billion of common stock, sending its shares up 3 percent.
Convicted ex-broker's term likely to stand: judge
An ex-Credit Suisse AG broker convicted on multiple counts of defrauding institutional investors out of $1 billion is likely still to face a five-year prison term despite a recent appeals-court dismissal of one of his convictions, a federal judge said.
Top After-Market NYSE Movers (XRS, BPZ, XUE, CNX, PWE, HYC, KV.A, ISS, MY, KMP)
The top after-market NYSE gainers on Monday are: TAL Education Group, BPZ Resources, Xueda Education, CONSOL Energy and Penn West Petroleum. The top after-market NYSE losers are: Hypercom, K-V Pharmaceutical, iSoftStone Holdings, China Ming Yang Wind Power Group and Kinder Morgan Energy Partners.
Sprint reduces voting rights in Clearwire
Sprint Nextel reduced its voting rights in Clearwire Corp to 49.8 percent from 54 percent, potentially giving it more flexibility to raise new debt or refinance existing debt.
Ex-Credit Suisse broker sentenced in $1 billion fraud
A former Credit Suisse Group AG broker will spend two more years in prison in addition to time already served for his role in running an investment scheme involving risky auction-rate securities.
Pre-market movers on June 6 (SEE, HK, TIE, YHOO, SMG, LYG, WLP, WFC, LOW, CI, CVH)
The companies whose shares are moving in pre-market trade on Monday are: Sealed Air Corp, Petrohawk Energy Corp, Titanium Metals, Yahoo, Scotts Miracle-Gro, Lloyds Banking, WellPoint, Wells Fargo, Lowes Companies, CIGNA and Coventry Health Care.
Windows 8 thrusts Microsoft into tablet wars [VIDEO]
Showing its upcoming flagship operating system -- dubbed Windows 8 -- Microsoft is packing new features and a sleek as it prepares to encroach into the Apple dominated tablet space.
CS to pool Lehman products and sell to third parties
Credit Suisse is offering clients that had invested in Lehman Brothers products the opportunity to bundle their capital and sell this to third parties, the bank said on Saturday, confirming a Swiss newspaper report.
With Windows 8, Microsoft sets sights on Apple [VIDEO]
Microsoft showed off its next flagship operating system, dubbed Windows 8, at various venues this week, promising to usher the company into the world of touch, reviving revenues along the way.
Ofer, Israeli shipping heavyweight, comes under fire for Iran deals
Ofer Brother Group, an Israeli family shipping business and the country’s one of the most powerful corporations, has been blamed for business deals with Iran.
Credit Suisse can't dodge auction-rate payout: court
Credit Suisse must pay hundreds of millions of dollars to a semiconductor manufacturer over failed auction-rate securities, though a U.S. appeals court on Thursday reduced an arbitrator's award against the bank by roughly $75 million.
Groupon Files For IPO
Groupon has become the next big social company to file for an IPO, following in LinkedIn's footsteps.
Uniqlo sees boost from light clothing in power-starved Japan
Fast Retailing Co <9983.T> Japan's leading apparel chain, said it expected a sales boost from shoppers seeking lighter clothing this summer as temperatures rise and half the nation turns its air conditioners on low to conserve power.
Sony bounces from 2-month low, relief over operating profit
Sony Corp's <6758.T> shares bounced from a two-month low on Tuesday after the company said it expected operating profit in the current year to be level with the year ended in March, easing worries about the impact of the massive March 11 earthquake and a hacking incident.
Pre-market movers on May 23 (SQNS, KKD, AKS, VLO, SNE, CCL, HES, FCX, DE, HAL)
The companies whose shares are moving in pre-market trade on Monday are: Sequans Communications, Krispy Kreme Doughnuts , AK Steel Holding, Valero Energy Corp, Sony Corp, Carnival Corp, Hess Corp, Freeport-McMoRan, Deere & Co and Halliburton Co.
Takeda says to buy Swiss drugmaker Nycomed for $13.6 billion
Takeda Pharmaceutical Co <4502.T>, Japan's largest drugmaker, said on Thursday it would buy privately held Swiss rival Nycomed for 9.6 billion euros ($13.6 billion) as it seeks to expand in Europe and emerging markets.
Market slams Hewlett-Packard (HPQ) after weak outlook
Hewlett-Packard (HPQ) was slammed by the market on Tuesday after posting inline results, but a reduction in its full-year outlook.
Apple: Five Investor Concerns Addressed
Credit Suisse have addressed five recurring concerns troubling the investors of Apple.