Credit Suisse

Credit Suisse goes Neutral on Sony as earnings flatten

Credit Suisse has headed to the sidelines on Sony (SNE +0.7%), downgrading to Neutral from Outperform as it sees a plateau in profit growth even as …

Business

Kadant declares $0.21 dividend

Kadant (NYSE:KAI) declares $0.21/share quarterly dividend, in line with previous.<p>Forward yield 0.89%<p>Payable Nov. 9; for shareholders of record Oct. …

Business

Credit Suisse expects interest rate hike in November, but warns Bank of England this would be a "policy mistake"

Credit Suisse believes a UK interest rate rise later this year would be a “policy mistake” by the Bank of England.<p>In a note today, analysts at the …

Economy

CREDIT SUISSE: It’s 'difficult to see light at the end of the tunnel' for Bed Bath & Beyond (BBBY)

Shares of Bed Bath & Beyond are plunging more than 15% on Wednesday after the retailer announced disappointing quarterly results.<p>The home furnishings chain reported earnings of $0.67 a share, well shy of the $0.95 that Wall Street had expected.<p>Bed Bath & Beyond is certainly not alone in its …

Business

Swiss economy set for worst performance in eight years

By: Reuters | Zurich |<p>“The Swiss economy is only gradually returning to a dynamic growth path,” SECO said in a statement.<p>Micromax Canvas Infinity …

Economy

Gap: Stick With The Rally

GPS stock has rallied big recently.<p>Investors like the company's long-term plan to optimize real estate and take costs out of the system.<p>We see upside …

Stocks

Why Credit Suisse Warmed Up To Gap

Is TheGap (GPS) better off than Wall Street thinks? Credit Suisse’s Christian Buss and his crew appear to believe so. The team of analysts upgraded …

The City

Plumbers’ merchant Ferguson gains despite Amazon threat

Plumbers’ merchant Ferguson was among Tuesday’s biggest gainers as analysts played down the threat of Amazon encroaching on its market.<p>Ferguson has …

The City

Bitcoin's fate untethers from China

<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Even as a number of smaller Chinese cryptocurrency exchanges suspended all operations last week, two of the country's largest trading venues, Huobi and OKCoin, said they would …

Business

Economists see Bank of England mistake in cutting rates now - Reuters poll

LONDON (Reuters) - The Bank of England will raise interest rates for the first time in a decade at its next meeting, a Reuters poll of economists …

Economy

Wednesday’s analyst upgrades and downgrades

<i>Inside the Market's roundup of some of today's key analyst actions</i><p><b>Air Canada</b> (AC-T) laid out a "strong argument for continued outperformance" at its Investor Day on Tuesday, according to Canaccord Genuity analyst Doug Taylor.<p>He believes the airline revealed new financial targets for 2018 through …

Markets

ASX sags as caution prevails ahead of Federal Reserve meet

by Sarah Turner and Patrick Commins<p>The ASX pulled off early lows to end the day marginally lower on Wednesday, as investors braced for the outcome of …

Economy

Best Logistics to slash size and price of planned IPO

Best Logistics, which was to launch the biggest Chinese initial public offering in New York this year, has slashed its price range and offering size …

Markets

Nintendo tags nine-year high amid Tencent deal, upgrade

Nintendo (OTCPK:NTDOY) is up 5.3% in U.S. trading after earning an upgrade to Outperform from Credit Suisse, which sees much stronger sales of its …

Business

Credit Suisse warms up to Gap

Gap (NYSE:GPS) is higher in early action after Credit Suisse lifts its rating to Neutral from Underperform. The firm notes the recent improvements in …

Business

Nikkei scales over 2-yr high on weak yen, snap election hope

* Nintendo hits 9-year high after Credit Suisse (SIX:CSGN) raises rating<p>* Automakers, banks, brokerages, insurers outperform<p>TOKYO, Sept 19 (Reuters) …

Markets

Credit Suisse reshuffles investment banking leaders

Swiss bank promotes long-serving duo to run banking and capital markets in Emea, as Drew and Echlin take new roles<p>Credit Suisse has appointed new …

Banking

ASML: Big Boost from DRAM, Says Susquehanna, Credit Suisse Disagrees

Shares of ASML Holding NV (ASML) are up $3.74, or 2%, t $166.15, after an upgrade by Mehdi Hosseini of Susquehanna Financial Group, but this remains …

The City

AustralianSuper takes pressure off Syrah Resources

The nation's largest superannuation fund has emerged as a significant supporter of Syrah Resources' surprise equity raising.<p>Sources said …

Australian News

Credit Suisse shakes up top executives at European investment bank

Credit Suisse has made a sweeping set of personnel changes at the top of its European investment bank in a bid to promote a younger generation of …

Investing

2 Experts: How To Invest In Emerging Markets At New Highs

Implied volatility fell across every major asset class last week, with interest rates and equities in the lead, but emerging markets were no …

Economy

Is ‘Rocket Man’ spicing up defence industry dealmaking?

With North Korea threatening to strike US allies, the arms race to defend South Korea and Japan as well as key American military bases in the Pacific …

RocketMan

Credit Suisse Silver Shares Covered Call ETN goes ex-dividend tomorrow

Credit Suisse Silver Shares Covered Call ETN (NASDAQ:SLVO) has declared $0.0971/share monthly dividend.<p>Payable Sept. 25; for shareholders of record …

Business

Treasurer Scott Morrison backs market to drive social service delivery

Treasurer Scott Morrison says a new social impact investment fund managed by Social Ventures Australia will help drive better social services …

Australian News

U.S. Asset Management: It’s not That Bad

The asset management industry has been dealing with a number of disruptive trends. Money has been cycling into passive from active, to alternatives …

Finance

Credit Suisse looks to make an impact with new investment wing

ZURICH (Reuters) - Credit Suisse (S:CSGN) has set up a new department to nurture socially conscious investing, the latest effort by a major bank to …

The City

Asian shares slip as investors await Fed meeting for rate clues

TOKYO (Reuters) - Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary …

Stock Markets

FTSE picks itself up from four-month low

LONDON (Reuters) - The FTSE 100 advanced on Monday, rebounding from the previous session's four-month low as shares in financials rose and higher oil …

Markets

Premarket analyst action - healthcare

Athenex (NASDAQ:ATNX) initiated with Outperform rating and $25 price target by Credit Suisse.<p>GenMark Diagnostics (NASDAQ:GNMK) initiated with Buy …

Business

The unbearable blandness of sportsmen

None of you understand it because none of you do it!” The new film about John McEnroe’s 1980 duel with Björn Borg lacks the vigour of its subjects, …

John McEnroe