Credit Suisse Stories
S&P, Nasdaq up on claims but gains limited
The S&P 500 and the Nasdaq rose slightly on Thursday after encouraging data on the jobs market, but gains were limited by a stronger U.S. dollar.
MBIA sues Morgan Stanley over mortgage securities
Bond insurer MBIA Inc accused Morgan Stanley in a lawsuit of misrepresenting the quality of mortgage backed securities insured for over $223 million.
Wall St hits 2-year high after tax cut deal
U.S. stocks climbed to a fresh two-year intraday high on Tuesday as investors bet a deal to extend tax breaks will prompt increased spending and buoy the economy while preserving returns for shareholders.
Is Windows 7 Tablet-Only Edition On The Horizon?
As the tablet market is being crowded each day with more and more devices, time is ripe for Microsoft to unveil a new operating system exclusively for tablets.
Supply-demand picture darkens outlook for solar energy
Solar energy stocks received a load of bad news last week when an analyst at Credit Suisse downgraded the entire sector and lowered price targets, raising concerns about the industry's near-term prospects
S&P 500 index to trade in 1,100 to 1,300 range: analyst
Credit Suisse expects the S&P 500 index to trade in the 1,100 to 1,300 range, saying that most important potential source of turbulence in equity markets may be the actions of monetary policymakers.
Qualcomm upgraded to outperform at Credit Suisse
Credit Suisse upgraded chip maker Qualcomm to outperform from neutral and raised profit estimates of the company, citing improved visibility on earnings growth.
Top After-Market NASDAQ Losers (HEAT, APWR, LGCY, NXTM, BPOP)
The top after-market NASDAQ stock market losers are: SmartHeat, A-Power Energy Generation Systems, Legacy Reserves, Nxstage Medical, Popular, Career Education, Mattel, PetSmart, Sears Holdings, and BE Aerospace.
ECM deals total $23.3 billion last week: Dealogic
Equity capital market transactions totaled $23.3 billion last week, with 59 deals in the Asia Pacific region in the last week, a report by Dealogic said.
Ford CEO sees solid FY, cashflow positive 2011
Ford will be cashflow positive and improve overall performance next year after solid earnings in 2010, as it intensifies its focus on smaller, greener models, its chief executive Alan Mulally said on Monday.
Macquarie cuts jobs after profit warning -paper
Macquarie Group begun cutting jobs late on Monday after warning of a 25 percent drop in first-half earnings amid weak markets, The Australian newspaper reported on its website on Tuesday, citing unnamed fund managers.
GM sets pricing on $5 billion credit facility
General Motors Co will pay a spread of 400 basis points over the London Interbank Offered Rate, or LIBOR, if it draws on its $5 billion revolving credit facility in the first three months
FTSE 100 ends two-week losing run
The top share index rose 0.9 percent on Friday, lifted by telecoms, and ended two straight weeks of losses, though trading was thin as investors remained wary of the United States slipping back into recession.
BofA, Citi added as lead GM IPO underwriters: sources
General Motors Co has added Bank of America Merrill Lynch and Citigroup Inc to the slate of its lead underwriters for its initial public offering
Credit Suisse China JV launches largest bond fund
ICBC Credit Suisse Asset Management Co, the Chinese fund venture of Swiss bank Credit Suisse , said on Friday it raised more than 14 billion yuan ($2 billion) in China's biggest bond fund ever, as investors sidestep a weak stock market.
Dollar struggles in U.S. payrolls countdown
The dollar struggled near a 3 1/2-month low versus a currency basket on Friday as investors braced for U.S. data expected to show a fall in jobs for a second month, underlining the fragility of the labor market.
Currencies were generally little changed as traders steered clear of big positions before the much-anticipated data, leaving the dollar stranded close to a three-month low against the euro and an eight-month trough versus the yen hit earlier this week.
UBS outshines Deutsche Bank as wealth turnaround nears
UBS flagged a return to client inflows this year as strong equities and forex trading gains helped it outdo Deutsche Bank and other rivals, which were hit hard by Europe's sovereign debt crisis.
UBS outshines Deutsche Bank
UBS flagged a return to client inflows by year-end as strong equities and currency trading gains helped it outdo Deutsche Bank and other rivals, which were hit hard by the European sovereign debt crisis.
UBS beats forecasts in Q2, curbs outflows
Strong equities and currency revenues drove UBS's second-quarter net profit well above forecasts despite choppy market conditions and client money withdrawals fell to their lowest level since early 2008.
Hedge funds still attracting billions in new cash
Hedge funds pulled in $9.5 billion during the second quarter with nervous investors preferring to send their money to the biggest and best established managers, according to industry tracker Hedge Fund Research Inc on Tuesday.
NBTY to be bought by Carlyle Group for $3.8 billion
U.S. nutritional supplements maker NBTY Inc said it agreed to be bought by private-equity firm Carlyle Group for $3.8 billion.
Growth outlook cut running into next year
Recent evidence the economic recovery may be slowing has prompted analysts to scale back their expectations for the pace of growth into next year, a Reuters poll showed.
European bank tests put focus on capital hikes
European finance ministers will shift their focus next week onto a possible need for banks to raise more capital and on who will cover any shortfalls exposed by stress tests -- a sum which Credit Suisse estimated could reach 90 billion euros ($114 billion).
European bank tests focus shifts to possible capital hikes
European finance ministers will shift their focus next week onto a possible need for their banks to raise more capital and on who will cover any shortfalls exposed by stress tests -- a sum which Credit Suisse reckons could total 90 billion euros ($114 billion).
About $10 trillion up for grab for wealth managers: study
The global private banking sector has the potential to nearly double its size thanks to about $10 trillion of untapped wealth that is still up for grabs, according to the Scorpio Partnership's annual benchmark.
Corrected: About $10 trln up for grab for wealth managers: study
Wealth market has $10 trillion up for grabs: study
The global private banking sector has the potential to grow by 60 percent if it can get hold of about $10 trillion in untapped wealth, held back by depressed returns and lack of investor trust, Scorpio Partnership said.
Emerging market M&A gains share on West
A burst of corporate acquisition activity in Asia shows that executives throughout the region are gaining confidence in their financial outlook and expansion strategy, with cross-border deals on the upswing.
Senate urges tougher Volcker rule, with exemption
Banks would face stricter limits on risky trading and investing, but could make small investments in private equity and hedge funds under a modified Volcker rule backed by U.S. Senate Democrats on Thursday.
Gold broadly steady, seen picking up steam
Gold was broadly steady on Thursday, weighed slightly by traditional currency fundamentals as the dollar rose, but expectations for low interest rates and wider market jitters were keeping the metal's uptrend intact.