|Bid||11.00 x 46000|
|Ask||0.00 x 900|
|Day's Range||11.04 - 11.39|
|52 Week Range||11.04 - 19.98|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.26 (2.20%)|
|1y Target Est||18.94|
Vincent Chan of Credit Suisse says Chinese unicorns tend to be users, rather than generators, of technology. On the other hand, the U.S. has a more "diverse portfolio" of unicorns.
Nov.30 -- John Woods, Asia-Pacific chief investment officer at Credit Suisse, discusses the meeting between Donald Trump an Xi Jinping this weekend in Buenos Aires, what he expects will come from the meeting and his view on Fed policy. He speaks on "Bloomberg Markets: Asia."
There’s pressure for Chief Executive Officer Tidjane Thiam to follow in the footsteps of Sergio Ermotti, head of rival UBS Group AG, and use company money to buy back shares, SonntagsZeitung said, citing unidentified sources. It also said the share buyback would be for just over 3 billion francs ($3 billion).
NEW YORK , Dec. 7, 2018 /PRNewswire/ -- On December 3, 2018 , Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 11/30/18 Ex-Date Record Date ...
Among 39 European bank stocks tracked by Bloomberg, Credit Suisse was second from the bottom this quarter. “It’s been a relentless restructuring, but what I want to see now from Thiam is that he can grow the bank and generate new business," said Javier Lodeiro, an analyst at Zuercher Kantonalbank in Zurich, who recommends buying Credit Suisse shares. Since taking the leap from British insurer Prudential Plc in mid-2015, Thiam’s objective has been as clear as it has been fierce: demolish Credit Suisse’s reliance on investment banking and build an institution dedicated to serving the needs of billionaires.
Analysts have provided “buy” recommendations on most of the stocks in the airline industry (PEJ). The stocks include Goldman Sachs (GS) and Credit Suisse’s (CS) favorite picks. Goldman Sachs’ top picks are American Airlines (AAL) and Alaska Air Group (ALK). Apart from Alaska Air, Credit Suisse’s favorite picks also include Delta Air Lines (DAL) and United Continental (UAL).
Why Did Airline Stocks Rally in November? In November, the rally in airline stocks was driven by positive remarks on the entire industry from two investment research firms—Goldman Sachs (GS) and Credit Suisse (CS). On November 12, Goldman Sachs analyst Catherine O’Brien launched coverage on the airline industry with an attractive rating.
Until the middle of October, airline stocks had been among the most battered stocks due to concerns about overcapacity and rising fuel prices—except for United Continental (UAL) and Spirit Airlines (SAVE). However, airline stocks have been gaining solid momentum since late October.
Curaleaf Holdings Inc (OTC: CURLF) has become one of the largest cannabis companies in the U.S., with 33 dispensaries, 12 cultivation sites and 10 processing facilities across 12 states. Curaleaf went public Oct. 29 on the Canadian Stock Exchange following a reverse takeover transaction after conducting an oversubscribed private placement in which it raised $400 million. The RTO valued Curaleaf at a whooping $4.5 billion, confirming its status as one of the largest U.S. cannabis companies.
American Airlines (AAL) has remained one of the most battered airline stocks in the year so far due to concerns about its high debt load and rising oil prices eroding profits. On November 12, she launched coverage on the airline industry with an attractive rating. In her note to clients, she wrote that robust travel demand along with a strong revenues growth trend and cost control measures would lead the airline industry to witness margin expansion in 2019.
American Airlines (AAL) stock popped ~15% in November on multiple tailwinds including strong third-quarter results, slumping oil prices, the robust air travel demand environment, and analysts’ positive remarks on the entire industry. Since the start of the year through late October, American Airlines was the most battered stock in the airline industry. American Airlines stock was down ~42% on a YTD basis through October 24.
The number of analysts following Stanley Black & Decker (SWK) fell marginally after its third-quarter earnings. Currently, 20 analysts are actively tracking Stanley Black & Decker. Among the analysts, 60% recommended a “buy,” while 40% recommended a “hold.” None of the analysts recommended a “sell” for Stanley Black & Decker.
Analysts are bullish on the entire airline industry (JETS) and have provided “buy” recommendations on all three of Credit Suisse’s (CS) “outperform”-rated stocks United Continental (UAL), Delta Air Lines (DAL), and Alaska Air Group (ALK). Alaska Air has a consensus rating of ~2.25 from analysts polled by Thomson Reuters (TRI). About 63% of analysts have provided bullish recommendations on the stock.
This year so far hasn’t gone well for the entire airline (IYT) industry. Almost every air carrier has registered a decline in its share price, with a few exceptions—such as United Continental (UAL), which has risen 37.8% year-to-date or YTD.
Global personal wealth reached a record $201.9 trillion last year, according to Boston Consulting Group Inc. Giants including UBS, Morgan Stanley, and Bank of America seized the opportunity. The U.S. and Europe cracked down on tax evasion, driving clients to pull tens of billions of dollars out of Switzerland and forcing private banks there to seek new pockets of wealth.
Analysts’ interest in 3M (MMM) has been increasing gradually since its third-quarter earnings. Currently, there are 19 active analysts tracking 3M stock. Among the analysts, 37% recommended a “buy,” 42% recommended a “hold,” and 21% recommended a “sell.” Analysts’ views and recommendations are widely followed by investors to track the stock price movement.
Zahra Al-Rikabi, an attorney for the mystery bank, said during a court hearing on Thursday that her client is concerned about being publicly named in a lawsuit Credit Suisse Group AG is bringing against U.K. tax authorities. “Is that a serious submission?” Judge Matthew Marsh asked, and the attorney confirmed. The attempt is a sign of how the Credit Suisse lawsuit -- in which the bank is seeking to recoup money it paid under a levy that ultimately raised 3.4 billion pounds ($4.4 billion) -- is starting to draw in the rest of the industry.
Investing.com - Alaska Air led airlines higher Wednesday, just days after Credit Suisse delivered an upbeat note on the industry, indicating there was more room on the runway for airlines to grow performance.
Campbell Soup Co. received a $33 target price from Credit Suisse Group in a recent analyst report only to have it tweaked to $36 on Wednesday. Campbell Soup (NYSE: CPB) opened on Wednesday at $40.55 a share and slipped to $39.80 by press time. While Credit Suisse (NYSE: CS) analysts gave the company a "sell" rating, analysts at Wells Fargo & Co. (NYSE: WFC) recently set a $42 price target on Campbell Soup and gave the stock a “hold” rating.
NEW YORK, Nov. 20, 2018 /PRNewswire/ -- Credit Suisse AG announced today its inaugural Disruptive Technology Recognition (DTR) Program, an annual recognition of top companies who are disruptors of traditional enterprise information technology (IT Infrastructure). The annual program will provide a bilateral discussion framework with Credit Suisse to strategize, network and exchange ideas across the organizations. A joint initiative between the bank's Investment Banking and Capital Markets division and Group Chief Technology Officer function, the DTR Program offers participants the opportunity to work collaboratively to promote innovation at the bank and at the Partner firms.
Analysts have turned increasingly bearish on General Electric (GE) after the company reported dismal third-quarter results on October 30. Most research companies, including JPMorgan Chase (JPM) Barclays (BCS), Credit Suisse (CS), and Cowen and Company, have drastically cut their target prices on the stock. In a report to his clients, JPMorgan Chase analyst Stephen Tusa said that GE’s latest quarterly results were worse than expected.
A victim of convicted fraudster Patrice Lescaudron filed an application for discovery in the U.S. Southern District Court of Florida.
The 2018 Global Wealth Report from Credit Suisse breaks down the net worth needed to be among the top 1, 10 and 50 percent of people worldwide.
NEW YORK , Nov. 16, 2018 /PRNewswire/ -- Credit Suisse AG announced today that it will implement a 1-for-20 reverse split of its VelocityShares™ 3x Inverse Natural Gas ETNs ("DGAZ"), expected ...