Midday movers: Deere, Credit Suisse, Nordstrom and more
By Liz Moyer investing.com -- Stocks were struggling for direction as investors awaited the release of the Federal Reserve's most recent meeting minutes. Here are the midday movers for Nov....
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Credit Suisse ADR News & Analysis
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Nordstrom, Apple, VMware fall premarket; Deere, HP rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, November 23rd. Please refresh for updates. Nordstrom (NYSE:JWN) stock fell 7.7% after the upstream clothing...
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Credit Suisse slumps after flagging $1.6 billion loss; capital raise approved
By Geoffrey Smith Investing.com -- Credit Suisse (SIX:CSGN) stock slumped again on Wednesday after the fallen Swiss banking giant said it expects to lose around $1.6 billion in the...
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Credit Suisse shareholders greenlight $4.2 billion capital raise
Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc ($4.2 billion) capital raise aimed at financing the embattled lender's massive strategic overhaul.
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Credit Suisse shareholders approve 4 billion Swiss franc capital raise
ZURICH (Reuters) – Credit Suisse shareholders approved on Wednesday a 4 billion Swiss franc ($4.20 billion) share capital hike intended to fund the embattled Swiss bank’s...
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Credit Suisse Warns of $1.6 Billion Loss After Clients Pull Money
The customer outflows come at a precarious time for the bank, which weeks ago launched a sweeping overhaul of its operations.
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Credit Suisse flags $1.6 billion fourth-quarter loss amid net-asset outflows
Credit Suisse flags $1.6 billion fourth-quarter loss amid net-asset outflows
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Dow Jones Newswires: Credit Suisse flags $1.6 billion 4Q loss as wealth management comes under strain
Lower deposits and assets under management are set to lead to reduced net interest income and recurring commissions and fees, which will drag wealth management into a loss in the three...
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Credit Suisse projects $1.6 billion fourth-quarter loss as it embarks on strategy overhaul
Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.
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Credit Suisse update says cash outflows accelerated at start of Q4
ZURICH (Reuters) – Credit Suisse gave an updated outlook for its fourth quarter on Wednesday as the embattled Swiss bank prepared to ask its shareholders for permission to raise new...
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Blackstone shares fall on Credit Suisse downgrade to underperform
Blackstone Inc. shares fell 2.5% on Tuesday after Credit Suisse downgraded the alternative investment manager to underperform from neutral and cut its price target to $67.50 a share from...
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: Fastly started at neutral with $9.50 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: HubSpot started at outperform with $400 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: Upland Software started at neutral with $8 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: Freshworks started at neutral with $14 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: Dropbox started at underperform with $20 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: PowerSchool started at outperform with $23 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: 2U started at neutral with $8 stock price target at Credit Suisse
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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Credit Suisse lays off one-third of China-based investment bankers – sources
By Summer Zhen and Selena Li HONG KONG (Reuters) – Credit Suisse has laid off about one-third of its China-based investment banking team and nearly half of its research department,...
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8 analyst picks to watch: Nvidia, Netflix
As we head into the new week, keep an eye on these stocks that Wall Street analysts upgraded or initiated positively last week, all first covered on InvestingPro+. 1. Advanced Micro Devices...
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Credit Suisse wealth boss De Ferrari targets growth markets, tech boost
By Oliver Hirt, Noele Illien and Michael Shields
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Credit Suisse to sell "significant" part of securitized products unit to Apollo
By Scott Kanowsky Investing.com -- Credit Suisse Group AG (SIX:CSGN) announced on Tuesday that it has agreed to sell a "significant" portion of its securitized products business and...
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Credit Suisse strikes deal to sell securitized-products group to Apollo
Credit Suisse strikes deal to sell securitized-products group to Apollo
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Dow Jones Newswires: Credit Suisse strikes deal to sell securitized-products group to Apollo
The deal with Apollo and the sale of other assets to third-party investors would slash the value of assets under its securitized-products group to roughly $20 billion from $75 billion , said...
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Credit Suisse to sell bulk of Securitized Products Group to Apollo
ZURICH (Reuters) – Credit Suisse has entered into definitive agreement to sell a significant part of its Securitized Products Group and other related financing businesses to Apollo...
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Credit Suisse to sell majority of its securitized products business to Apollo
Credit Suisse said it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group to Apollo.
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Saudi National Bank not concerned about Credit Suisse’s governance
LONDON (Reuters) – Saudi National Bank (SNB) said on Friday it had not come across any information that might raise concerns over the governance of Credit Suisse and was supportive of...
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Credit Suisse cuts eight jobs in southeast Asia amid restructuring push - Reuters
By Scott Kanowsky Investing.com -- Credit Suisse Group AG (SIX:CSGN) has slashed eight jobs from its investment banking and capital markets unit in southeast Asia, according to two...
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Credit Suisse cuts about 8 jobs in SEA, part of Asia job cuts -sources
SINGAPORE (Reuters) – Credit Suisse has cut about eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks...
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Credit Suisse’s (NYSE:CS) Secret American Accounts Continue to Dodge the Bank
Swiss banking giant Credit Suisse Group AG (NYSE:CS) (DE:CSX) is facing heightened pressure from the U.S. Department of Justice (DOJ) regarding hidden accounts of American clients. The bank...
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Credit Suisse Faces Fresh Pressure Over Untaxed Americans
The re-emergence of the 2014 tax cheating case is the latest challenge for the Swiss lender’s new management team.
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Credit Suisse launches $2 billion, 11-year bond issue – source
LONDON (Reuters) – Credit Suisse has launched a $2 billion, 11-year bond issue, a source familiar with the matter told Reuters on Wednesday.
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Credit Suisse set to raise 3 billion euros from new debt issue
LONDON (Reuters) – Credit Suisse was on Wednesday set to raise three billion euros from the sale of a bond due in March 2029 by its holding company, Refinitiv’s capital markets news...
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Credit Suisse announces new head of product within asset management division
ZURICH (Reuters) – Credit Suisse on Wednesday named Scott Ebner as the new head of product within the bank’s asset management division. Ebner is scheduled to take on the new role on Nov....
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