First Thing: Kremlin says talk of Biden-Putin summit is ‘premature’ Two leaders could meet if necessary but no concrete plans in place, says spokesperson. Plus: meet the ‘millennial parent whisperer’ The Guardian - UK · Feb 21, 2022
Revealed: king of Jordan used Swiss accounts to hoard massive wealth Leak shows King Abdullah was beneficial owner of at least six Credit Suisse accounts The Guardian - UK · Feb 21, 2022
UK business activity strongest since June, led by travel and leisure; prices surge – as it happened Eurozone growth also booms, as European stock markets are mixed amid rising tensions on the Ukraine-Russia border The Guardian - UK · Feb 21, 2022
Monday briefing: Credit Suisse leak unmasks fraudsters and corrupt politicians Massive leak reveals secret owners of £80bn held in Swiss bank … Biden and Putin agree in principle to summit … and Charlie Brooker on being Mr Dystopia The Guardian - AU · Feb 21, 2022
Credit Suisse: Huge data leak reveals details on 30,000 of bank’s clients Swiss bank ‘strongly rejects the allegations and insinuations’ after probe by dozens of media outlets The Independent UK · Feb 21, 2022
Credit Suisse had clients tied to corruption, reports say Credit Suisse Group AG managed accounts for clients involved in human rights abuses, corruption and drug trafficking, according to newspaper reports based on leaked data on more than 18,000 accounts that together held more than $100 billion. Tribune News Service · Feb 21, 2022
Leak gives details on over 30,000 Credit Suisse bank clients A German newspaper and other media say a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavory — and points to possible failures of due diligence in checks on many customers The Independent UK · Feb 20, 2022
Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades The Guardian - UK · Feb 20, 2022
Credit Suisse leak raises painful questions for the bank Analysis: Bosses will have to prove their aversion to dubious wealthy clients if they are to regain trust of markets and regulators The Guardian - UK · Feb 20, 2022
Credit Suisse responds to Suisse secrets disclosures Statement from Switzerland’s second-largest lender on revelations about its business practices The Guardian - UK · Feb 20, 2022
What is the Suisse secrets leak and why are we publishing it? Banking secrecy is an issue of global public interest that can have a profound impact on the world’s poorest The Guardian - UK · Feb 20, 2022
Read How Analysts Reacted To Generac's Q4 Results Analysts updated the price target for Generac Holdings Inc. (NYSE:GNRC) post Q4 results. Canaccord analyst Jed Dorsheimer lowered the price target to $556 from $575 and maintained a Buy rating on the shares. The analyst believes margin pressures from the supply chain, logistics, and inflation will peak in 1Q22 and subsequently succumb to the power… Benzinga · Feb 17, 2022
Read How Analysts Reacted To Allegion's Q4 Results Analysts lowered the price target for Allegion PLC (NYSE:ALLE) post Q4 results. Mizuho analyst Brett Linzey lowered the price target to $145 (an upside of 26.7%) from $170 and maintained a Buy rating on the shares post the Q4 results. Linzey mentions Allegion's Q4 operational results were modestly ahead of expectations, with Americas driving the outperformance.… Benzinga · Feb 16, 2022
4 Arista Networks Analysts Weigh In On Sustainability Of Strong Growth Following Q4 Print Arista Networks, Inc. (NYSE: ANET) shares are steadily advancing following the cloud networking company's strong quarterly results. Benzinga · Feb 15, 2022
Benzinga · Feb 11, 2022 Here's Why Momentive Shares Are Trading Higher Today Momentive Global Inc (NASDAQ:MNTV) reported fourth-quarter FY21 revenue growth of 16% year-on-year to $117.3 million, missing the consensus of $120.9 million. Enterprise sales revenue was $40.0 million, an increase of 34% Y/Y. Self-serve revenue was $77.4 million, an increase of 9% Y/Y. Paying users totaled 888,700, an increase of 8% Y/Y. The average…
The Independent UK · Feb 10, 2022 Credit Suisse posts $2.2B loss to end 'challenging year' Credit Suisse has reported a fourth-quarter loss of $2.2 billion as the top-drawer Swiss bank wrapped up “a year of challenges” marked by bad bets on a hedge fund, set asides for legal costs, and accounting changes due to its acquisition of a U.S. investment bank over 20 years ago
The Guardian - UK · Feb 10, 2022 Wall Street drops as interest rate rises loom after US inflation hits 7.5% – as it happened Rolling coverage of the latest economic and financial news
Benzinga · Feb 9, 2022 Credit Suisse, Citi Cut Jacobs Engineering's Price Target Post Q1 Results Credit Suisse analyst Jamie Cook lowered the price target on Jacobs Engineering Group Inc (NYSE:J) to $161 (an upside of 25.6%) from $175 and maintained an Outperform rating on the shares. The analyst notes that Jacobs stock closed down 3% after reporting a largely in-line quarter while maintaining the full year 2022 adjusted EBITDA and EPS…
Benzinga · Feb 7, 2022 Read How Analysts Reacted to Eaton's Q4 Results Analysts updated the price target for Eaton Corp PLC (NYSE:ETN) after Q4 results. Baird analyst Mircea Dobre lowered the price target to $167 from $177 and maintained a Neutral rating on the shares. The analyst said its recent shortfall was due to supply chain disruptions and, with current guidance, detects conservativism in Electrical given strong order…
The Independent UK · Feb 7, 2022 Credit Suisse faces trial in drug-tied money laundering case A Swiss criminal court is opening a trial on charges that Credit Suisse failed to do enough to stop money laundering linked to drug trafficking by a Bulgarian criminal organization
The Guardian - UK · Feb 7, 2022 UK house prices hit record high but slowdown looms; eurozone bond yields rise – as it happened Rolling coverage of the latest economic and financial news
Benzinga · Feb 4, 2022 Analysts Cut Pinterest Price Target Post Q4 Results Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares. While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…
Benzinga · Jan 31, 2022 Deutsche Bank, Credit Suisse Cut Caterpillar Price Target Deutsche Bank analyst Nicole Deblase lowered Caterpillar Inc's (NYSE:CAT) price target to $242 from $245 and maintained a Buy rating on the shares. Deblase mentions that the stock sold off post earnings on lower forward earnings estimates. Related: Caterpillar Clocks 23% Revenue Growth In Q4, Beats Analyst Expectations. Credit Suisse analyst Jamie Cook lowered the price target to…
Benzinga · Jan 31, 2022 Credit Suisse Cuts Price Target On This Consumer Goods Giant- Read Why Credit Suisse analyst Kaumil Gajrawala lowered the price target of Colgate-Palmolive Co (NYSE: CL) to $90 from $95 and kept an Outperform rating on the shares, implying a 9.3% upside.