A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Check out the companies making the biggest moves midday Monday: Cre...
Tag: Credit Suisse Group AG
Credit Suisse, Tesla, Myovant Sciences and more
Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its...
Credit Suisse: What’s going on, and why its stock is falling
Credit Suisse was trending for all the wrong reasons this weekend, as social media was in a frenzy debating whether one of the 30 global systemically important banks would collapse altogether. The ban...
Credit Suisse seeking to assure investors amid financial concerns: FT
A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with its major investors to reassure them amid rising c...
Rent the Runway, Oracle, Wolfspeed and more
Check out the companies making headlines before the bell: Rent the Runway — Shares dropped 22% after the fashion rental company said it’s laying off 24% its corporate workforce. Additionally, Re...
Job cuts, smaller bonuses loom for Wall Street bankers
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Investment bankers hit with a collapse in equity and debt issuance this ye...
Credit Suisse hit with stock and credit downgrades after earnings plunge
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse shares slipped on Wednesday after Goldman Sa...
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention t...
Credit Suisse CEO to step down from embattled investment bank, WSJ says
Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstei...
Credit Suisse to overhaul its risk management after Archegos and other scandals
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse has vowed to forge ahe...
RBC top analyst sees comeback
Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy...
Winnebago, La-Z-Boy, Revlon and others
Check out the companies making headlines before the bell: Winnebago (WGO) – The recreational vehicle maker saw its stock jump 3.4% after it beat top and bottom-line estimates for its latest quarter. W...
Campbell Soup, Moderna, Western Digital and others
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer’s shares rallied 3.7% in the premarket after Campbell reported an adjusted quarterly profit of 7...
Credit Suisse issues profit warning for second quarter
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse said on Wednesday that...
American Eagle Outfitters, Unilever, Nio and more
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy — Energy sto...
Yamana Gold, Credit Suisse, Unilever and more
Check out the companies making headlines before the bell: Yamana Gold (AUY) – The Canadian gold producer agreed to be acquired by Gold Fields (GFI) in an all-stock deal valued at $6.7 billion. Yamana ...
Ex-Unilever CEO namechecks Tesla, says firms should focus on long term
The ex-CEO of British consumer goods giant Unilever has shared his view on how businesses should operate in the years ahead, namechecking Elon Musk’s Tesla, Danish energy firm Orsted and Beyond ...
Credit Suisse faces fresh scrutiny over culture after client data leaks
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters LONDON — Credit Suisse is facing fresh scrutiny from Swiss regulators an...
Massive Credit Suisse leak reportedly reveals possible criminal ties among 18,000 accounts
A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse was scrambling Su...
Tesla climbs more than 10% on Monday after Credit Suisse upgrade
A Tesla mobile service vehicle outside a dealership in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Shares in electric vehicle maker Tesla climbed...
Alibaba, Citrix, 23andMe and others
Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company...
Credit Suisse needs to salvage reputation after chairman quits: Analysts
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters LONDON — Credit Suisse Chairman Antonio Horta-Osorio resigned on Sunday ...