Business News

New York TimesCredit Suisse Will Raise $4 Billion and Scrap IPO of Swiss UnitNew York TimesTidjane Thiam, the chief executive of Credit Suisse, is shifting its business model away from riskier, capital-intensive trading and banking. Credit Denis Balibouse/Reuters. LONDON — Credit Suisse said on Wednesday that it would raise $4 [...]
Wed, Apr 26, 2017
Source: Google Business News
CNBCNetflix has a foot in the door in China, but it might not be a big dealCNBCNetflix may have just secured a foothold in the world's second-largest consumer market but that could be a non-event, for now. The streaming giant announced it had clinched a licensing deal with iQiyi, a [...]
Wed, Apr 26, 2017
Source: Google Business News
CNBCCredit Suisse to raise 4 billion Swiss francs in rights offering; IPO off table for nowCNBCCredit Suisse has just reported first quarter earnings which show Switzerland's second-largest bank beating expectations, helped by a strong performance across the board. The bank simultaneously announced its intention to pursue a 4 billion swiss [...]
Wed, Apr 26, 2017
Source: Google Business News
MarketWatchUS STOCKS-Nasdaq tops 6000 as earnings boost Wall St; U.S. tax code eyedBusiness InsiderNEW YORK, April 25 (Reuters) - The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America. Caterpillar closed up [...]
Wed, Apr 26, 2017
Source: Google Business News