CS - Credit Suisse Group AG
| Previous Close | 12.15 |
| Open | 12.26 |
| Bid | 0.00 x 28000 |
| Ask | 0.00 x 1000 |
| Day's Range | 12.19 - 12.41 |
| 52 Week Range | 10.23 - 19.98 |
| Volume | 3,693,008 |
| Avg. Volume | 4,709,959 |
| Market Cap | 31.53B |
| Beta (3Y Monthly) | 1.35 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.14 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.26 (2.21%) |
| Ex-Dividend Date | 2018-05-04 |
| 1y Target Est | 16.23 |
- Market Realist•2 hours ago
Stanley Black & Decker: Analysts’ Recommendations
Stanley Black & Decker: What to Expect from Its Q4 Earnings(Continued from Prior Part)Analysts’ recommendations The number of analysts following Stanley Black & Decker (SWK) has remained consistent in the past six months. Currently, 21
Market Realist•3 days agoCan US Steel Production Continue to Favor CLF Stock in 2019?
Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?(Continued from Prior Part)US steel productionDomestic steel production is one of the major demand drivers for Cleveland-Cliffs’ (CLF) iron ore pellets. Therefore, in this part,
- Reuters•3 days ago
MOVES-Credit Suisse names new head of Indonesia Coverage
Financial services provider Credit Suisse AG on Friday named Eric Winarta as head of Indonesia Coverage in its Asia Pacific Investment Banking & Capital Markets department. Winarta, who has more than 19 ...
- Zacks•4 days ago
Is iShares Edge MSCI Multifactor Intl ETF (INTF) a Strong ETF Right Now?
Smart Beta ETF report for INTF
- Yahoo Finance•4 days ago
Credit Suisse: 'Sell into this stock rally'
Credit Suisse analysts are telling clients to take advantage of the recent gains in stocks by selling positions instead of building new ones. Credit Suisse analysts see more upside in stocks before another downturn Summary: Credit Suisse analysts are telling clients to take advantage of the recent gains in stocks by selling positions instead of building new ones.
- Zacks•5 days ago
New Strong Sell Stocks for January 16th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
- Market Realist•5 days ago
Credit Suisse: Less Bullish on SPY, Still Positive
Bulls versus Bears: Who Will Rule the Stock Markets in 2019?(Continued from Prior Part)Credit Suisse cut SPY’s targetLike many other equity strategists, Credit Suisse (CS) also slashed the S&P 500’s (SPY) target for the end of 2019 from
- Reuters•6 days ago
UK watchdog says has downgraded probe into Credit Suisse over Mozambique loans
Britain's financial watchdog has dropped a criminal probe into Credit Suisse related to an alleged fraud in Mozambique, but is still checking the bank and individuals for any breaches of conduct rules, the watchdog said on Tuesday. In 2016, the Financial Conduct Authority (FCA) launched an investigation into the Swiss bank's activities in Mozambique, where around $2 billion of loans to state-owned companies pushed the country into a debt crisis. Appearing before British lawmakers on Tuesday, FCA chief executive Andrew Bailey confirmed a newspaper report that the watchdog had downgraded its investigation in August, saying it had no power to prosecute under Britain's anti-bribery law.
- PR Newswire•7 days ago
Commodities Decreased on Dampened Global Growth Expectations
NEW YORK, Jan. 14, 2019 /PRNewswire/ -- Commodities decreased as a lower global growth outlook reduced the demand expectations for crude oil and base metals. Industrial Metals decreased 5.12% as skepticism surrounding the ability to timely renegotiate the terms of a new agreement between the US and China remained by the end of December, keeping demand expectations for base metals low. Agriculture fell 2.39%, led down by Cotton, due to reduced consumption forecasts from Asia, strong production in China with the help of government subsidies and low US export demand.
- InvestorPlace•7 days ago
The 9.75 Million Reasons Netflix Stock Remains a Great Investment
Netflix (NASDAQ:NFLX) shareholders have come to appreciate it that when Wall Street boosts subscriber forecasts, NFLX stock is usually quick to respond. And Wall Street, in this case Credit Suisse (NYSE:CS), on Friday upped their estimate of the number of net new subscribers the streaming service will add in the fourth quarter to 9.75 million. Netflix was expecting 9.4 million. The "usually quick to respond" market pushed NFLX stock up almost 4%, on a day when most of the major indexes saw red. "We continue to believe competition, content and cost concerns are overblown and that the Street is too conservative regarding the growth outlook for Netflix," said Credit Suisse's media team, led by Douglas Mitchelson. "The primary driver of Netflix shares will continue to be subscriber growth, especially if (average revenue per user), margins and (free cash flow) burn remain consistent with guidance and investor expectations," the analysts told clients InvestorPlace - Stock Market News, Stock Advice & Trading Tips This matters because the wall of worry for NFLX stock investors continues to be subscriber growth. Here in the U.S., things are slowing, albeit marginally, while internationally, business is pretty brisk. But can it stay this way? * Morgan Stanley: 7 Risky Stocks to Sell Now InvestorPlace feature writer James Brumley recently made the case that Hulu is encroaching on Netflix's U.S. beachhead, adding more domestic subscribers, suggesting those owning Netflix stock ought to be concerned. While Brumley makes some excellent points, I believe Netflix is still a great investment. ### A Concern About Growth To be sure, some analysts see weaker U.S. and international subscriber additions in the fourth quarter. Sun Trust (NYSE:STI) analyst Matthew Thornton cut his 12-month target price by $55 to $355 on Jan. 2. Although the analyst kept his "buy" rating on NFLX stock, he suggested that Netflix likely won't hit the 1.75 million estimate for U.S. subscriber additions in the fourth quarter and international subscriber additions could fall well short of the estimate of 7.3 million. Overall, Thornton sees global additions of 8.65 million, 11% lower than the estimate from Credit Suisse. Who will be right when Netflix reports its Q4 2018 earnings after the markets close on Jan. 17? Stay tuned. ### The Stat That Makes Netflix Stock Great I've made some brash predictions about Netflix in the past. In August, I made a case why its stock will go to $1,000, despite the fact it's never been higher than $423. At the time it was trading at $360, a price I thought was a steal for the world's largest video streamer. Now trading around $325, I'm not as confident about a $1,000 share price anytime soon (the markets do humble us all), but I'm not jumping off the Netflix bandwagon until I see its operating profit per subscriber begin to slow. * 7 Stocks at Risk of the Global Smartphone Slowdown Here's what I said about this subject: "Back in 2012, Netflix had 27.6 million paid subscribers, an operating profit of $50.0 million or $1.81 per subscriber and a market cap of $5.1 billion -- a multiple of 102 times its operating profit," I wrote August 29. "Fast forward to 2017, Netflix had 110.6 million paid subscribers, an operating profit of $838.7 million or $7.58 per subscriber and a market cap of $83.1 billion, a multiple of 99 times operating profit." Investors in 2017 were getting Netflix stock at a lower multiple to operating profit despite that profit being 17 times greater based on total dollars and four times greater per subscriber. ### What Will Q4 2018 Bring to NFLX Stock? Flash forward to its most recent figures from the third quarter. Netflix had an operating profit of $1.39 billion through the first nine months of the year. Annualize that and you get $1.85 billion. At the end of the third quarter, it had 130.42 million paid subscribers around the world which works out to $14.18 per subscriber, almost double what it was at the end of 2017. Based on a current market cap of $146 billion, investors are currently paying 79 times operating profit for Netflix stock. That's considerably cheaper than at any other time in the past, despite the fact it's making almost double the amount from each subscriber that it did at the end of 2017. I'll continue to say it. As long as this one metric looks good, I see NFLX stock as a great investment, no matter the short-term concerns about subscriber growth. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post The 9.75 Million Reasons Netflix Stock Remains a Great Investment appeared first on InvestorPlace.
- Bloomberg•10 days ago
Credit Suisse Plans $1.02 Billion Share Buybacks by End of 2019
The bank’s board has authorized purchases of as much as 1.5 billion francs this year “subject to market and economic conditions,” Credit Suisse said in a statement on Friday. Credit Suisse in December announced a plan to repurchase stock of as much as 3 billion francs over this year and the next.
- Zacks•11 days ago
Deutsche Bank to Reexamine Details of 20,000 Risky Clients
Deutsche Bank (DB) receives a deadline of June-end by the German regulator to complete the evaluation of risky clients.
- Zacks•11 days ago
New Strong Sell Stocks for January 10th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
- Moody's•12 days ago
Tender Option Bond Trust (Credit Suisse Liq.) -- Moody's assigns Aa3/VMIG 1 to Floater & Aa3 to Residual Certificates, Series 2016-XF2356 & Series 2016-XF2357
Moody's Investors Service (Moody's) has assigned the ratings Aa3/VMIG 1 to Floater Certificates and Aa3 to Residual Certificates of the Tender Option Bond Trust (Credit Suisse Liquidity), Series 2016-XF2356 and Series 2016-XF2357 (the Certificates). The long-term ratings of the Certificates are based upon the long-term ratings of the underlying bonds, Rutgers, The State University (The State University of New Jersey) General Obligation Bonds 2013 Series L (Tax-Exempt) (the Bonds) for Series 2016-XF2356 and New Jersey Economic Development Authority Rutgers University General Obligation Lease Revenue Bonds (College Avenue Redevelopment Project) Series 2013 (the Bonds) for Series 2016-XF2357, deposited into the trust.
- Zacks•12 days ago
Deutsche Bank (DB) Likely to Reduce Bonus Pool for 2018
Deutsche Bank (DB) is expected to pay bonuses selectively to employees who helped generate revenues.
Bloomberg•13 days agoBitcoin Mining Chip Maker Canaan Considers U.S. IPO
Any deal would add to the $9.1 billion that Chinese companies have raised through U.S. IPOs over the past year, according to data compiled by Bloomberg. Jianping Kong, Canaan’s co-chairman, declined to comment.
- Financial Times•13 days ago
[$$] Tuna bond scandal may spell more trouble for Credit Suisse
When the US Department of Justice charged three former Credit Suisse bankers with fraud and overseas bribery, the allegations had a familiar ring. that the trio had conspired with Mozambique’s former finance minister to borrow more than $2bn to fund a state fishing fleet and divert some of the proceeds into bribes and kickbacks.
- Investing.com•14 days ago
Chinese Automaker Geely Down 11% on Lower Sales Expectations, Rating Downgrades
Investing.com - Chinese auto giant Geely Automobile Holdings Ltd (HK:0175) saw its share price plunged 11.3% to HK$10.24 by 1:06 AM ET (06:06 GMT) on Tuesday in Asia after it announced a sales volume target lower than market expectations.
Reuters•14 days agoCredit Suisse settles New York state RMBS lawsuit
Credit Suisse has settled a 2012 New York state lawsuit alleging misconduct over residential mortgage-backed securities (RMBS), with a source familiar with the deal saying the bank would pay much less than prosecutors had originally sought. The settlement, which was made last week, takes Credit Suisse a step closer to wrapping up an expensive chapter linked to the financial crisis a decade ago, although some civil claims remain unresolved. "Credit Suisse is pleased to have settled this legacy case," the bank said in a statement, confirming the deal, though not what it is paying in the pact with the New York State Attorney General's office.
- PR Newswire•14 days ago
Credit Suisse AG Reduces The Daily Investor Fee Factor For Its VIIX ETNs
The Daily Investor Fee Factor is used to calculate the Daily Investor Fee, which in turn reduces the Closing Indicative Value on each calendar day. The Daily Investor Fee reduces the return (or increases the loss, as applicable) on the ETNs, as set forth in the Pricing Supplement for the ETNs accompanying this media release.
- Reuters•14 days ago
Credit Suisse settles New York state RMBS lawsuit
Credit Suisse (CSGN.S) has settled a 2012 New York state lawsuit alleging misconduct over residential mortgage-backed securities (RMBS), with a source familiar with the deal saying the bank would pay much less than prosecutors had originally sought. The settlement, which was made last week, takes Credit Suisse a step closer to wrapping up an expensive chapter linked to the financial crisis a decade ago, although some civil claims remain unresolved. "Credit Suisse is pleased to have settled this legacy case," the bank said in a statement, confirming the deal, though not what it is paying in the pact with the New York State Attorney General's office.
- PR Newswire•17 days ago
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")
NEW YORK , Jan. 4, 2019 /PRNewswire/ -- On January 2, 2019 , Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 12/31/18 Ex-Date Record Date ...
- PR Newswire•17 days ago
Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol "MLPO").
NEW YORK, Jan. 4, 2019 /PRNewswire/ -- On January 2, 2019, Credit Suisse declared a Coupon Amount for the Credit Suisse S&P MLP Index ETN (the "ETN"). * The "Current Yield" equals the current quarterly Coupon Amount, annualized and divided by the Closing Indicative Value of the ETN on December 31, 2018. † The Current Yield is not indicative of future quarterly Coupon Amounts, if any, on the ETNs.
- Reuters•17 days ago
Ex-Credit Suisse bankers arrested on U.S. charges over Mozambique loans
Three former Credit Suisse Group AG bankers were arrested in London on Thursday on U.S. charges of involvement in a fraud involving $2 billion in loans to state-owned companies in Mozambique, U.S. prosecutors said. Andrew Pearse, 49, Surjan Singh, 44, and Detelina Subeva, 37, were charged in a federal court in Brooklyn, New York, with conspiring to violate U.S. anti-bribery law and to commit money laundering and securities fraud.
