Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Credit Suisse

Banking exec fired after video captures violent outburst at Koreatown restaurant

Roman Cambell allegedly brawled with staff at Koreatown’s Shanghai Mong restaurant

The Independent UK

Read How Analysts Reacted To Devon Energy's RimRock Transaction

Mizuho Securities analyst Vincent Lovaglio raised the price target for Devon Energy Corp (NYSE:DVN) to $94 (an upside of 28%) from $92, reflecting the $865 million Rim Rock acquisition. The analyst states that the transaction adds 15kboed and 38k net acres to the company's existing 48kboed and 85k net acre Bakken position at ~4x free cash…

Benzinga

Credit Suisse Cuts REV Group Price Target By 9%

Credit Suisse analyst Jamie Cook lowered the price target on REV Group Inc (NASDAQ:REVG) to $10 from $11 while maintaining the Underperform rating on the shares. The analyst stated that within the quarter, REVG did not experience supply chain improvement as expected, and in some instances, the situation worsened. REVG now expects supply chain challenges…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Morning Brief: Top Financial Stories Dominating on Thursday, June 9

Reuters Blackstone Closes In Crown Bid After Australia Approvals: Reuters

Benzinga

State Street Might Tap Credit Suisse As Takeover Interest

Credit Suisse Group AG (NYSE: CS) could receive a takeover offer from U.S. financial giant State Street (NYSE: STT), stated a media report a day earlier.

Benzinga

Sanjeev Gupta’s GFG Alliance fails to get winding-up order thrown out

Credit Suisse, one of Gupta’s main creditors, started insolvency hearings against GFG companies last month

The Guardian - UK

Electric cars could get cheaper as a crucial component in them drops in price

The cost of electric cars could start to fall, with the price of a core component in EV batteries expected to reduce, according to Credit Suisse analysts.

ABC News

Read news from The Economist, FT, and more,
with one subscription

Decision on lifting EU sanctions against Alisher Usmanov and sisters expected soon

European court of justice deciding appeal filed by ‘one of Putin’s favourite oligarchs’

The Guardian - UK

Credit Suisse Warns On Q2 Loss, Mulls Workforce Reduction To Save Costs

Credit Suisse Group AG (NYSE:CS) is looking for another round of job cuts to manage costs after warning of a second-quarter loss, Bloomberg reported citing people familiar with the matter. The people said that the bank is mulling headcount reductions across divisions and regions. Final numbers are still to be decided, they said. …

Benzinga

Credit Suisse to increase cost cuts in wake of latest profit warning

CREDIT Suisse issued its third profit warning this year today, blaming volatile markets and caution from clients who are trading less in the wake of the Ukraine war.

Evening Standard

FTSE 100 Live: House prices rise 1% in May, Credit Suisse warning

House prices continue to defy the economic uncertainty after mortgage lender Halifax today reported further growth of 1% in May.

Evening Standard

Broker blames 'irrational' Vatican choices for London losses

One of the principal figures in the Vatican’s bungled London real estate venture says the Holy See would have turned a profit on its valuable investment if it hadn’t pulled its money out of a fund prematurely

The Independent UK

Here's Why Barclays, Credit Suisse Analysts Were Positive On Marqeta

While neither Block, Inc (NYSE:SQ) nor Afterpay Ltd (OTC:AFTPY) was new to Marqeta, Inc's (NASDAQ:MQ) platform, the synergies of the combined company were incremental to Marqeta, Barclays analyst Ramsey El-Assal acknowledged. El-Assal projected a ~$41 million midpoint of annual revenue upside for Marqeta from SQ/APT synergies and a ~600+ bps lift for FY23 revenue growth. Credit Suisse analyst Timothy Chiodo considered…

Benzinga

Why Snap Shares Are Falling Today

Snap Inc (NYSE: SNAP) shares are trading lower Tuesday after Credit Suisse cut its price target on the social media stock.

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Credit Suisse Slashed Snap's Price Target By 23.4%, Still Reiterated Outperform - Read Why

Snap Inc (NYSE:SNAP) recently shared its reduced expectations of Q2 FY22 revenue and EBITDA amid the challenging macroeconomic environment. Credit Suisse analyst Stephen Ju maintained an Outperform rating on Snap as it cut the price target from $77 to $59 (278.7% upside). Ju called out Snap's 1) minimal exposure to travel as consumer dollars flow from…

Benzinga

What Are Whales Doing With MercadoLibre

Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ:MELI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Independent UK

Banker says he warned Vatican about London fund investor

The Vatican’s longtime investment banker has testified that he repeatedly voiced concerns about a fund that was investing in a troubled London property, but said the Holy See insisted on pursuing the deal even as it lost money

Benzinga

Read How Analysts Reacted To Jack In The Box's Q2 Results

Analysts lowered the price target of Jack In The Box Inc (NASDAQ:JACK) following the company's Q2 results. Wedbush analyst Nick Setyan lowered the price target to $90 (35% upside) from $110 and maintained Outperform rating on the stock. The analyst thinks JACK's current valuation discounts an overly pessimistic view of the management's ability to…

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Why Autodesk Shares Are Gaining Today

Analysts appreciated Autodesk, Inc (NASDAQ: ADSK) for growing amid macro headwinds.

Benzinga

Analysts See Zscaler Benefiting From Economic Slowdown, Cloud Transition Post Q3 Beat

Analysts expressed the reasons behind their optimism on Zscaler, Inc (NASDAQ:ZS) post Q3 beat. Needham analyst Alex Henderson maintained a Strong Buy rating on Zscaler and set a price target of $185. Zscaler delivered a strong Q3, easily beating street estimates, and guided well ahead of Street forecasts for the July quarter. RPO growth of 83%,…

Benzinga

Gap Analysts React To Mixed Q1 Earnings: 'Disappointed, But Not Surprised'

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance.

Benzinga

As American Natural Gas Prices Start To Converge With Europe's, A Hedged Bet On Them Going Even Higher.

Zoltan Poszar's Predicted Commodities Disruptions

Benzinga

4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2022

Upgrades Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

Benzinga

Read How Analyst Reacted To Deere's Q2 Results

Deere & Company (NYSE:DE) reported second-quarter FY22 results on Friday; below are the reactions from the analysts. Wells Fargo analyst Seth Weber lowered the price target for Deere to $410 (an upside of 22%) from $455 while maintaining the Overweight rating on the shares. The analyst understands angst around the rebalance but doesn't…

1 … 19 20 21 22

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.