GO
Loading...

Credit Suisse Group AG

More

  • NEW YORK, April 19- In January 2014, veteran short-seller Bill Fleckenstein said he was readying a new fund to bet on falling stock prices. Despite lackluster U.S. economic data, a world grappling with slow growth, concern that Greece and Ukraine could default on their debts, the U.S. stock market has been more than resilient. "It all comes down to free money and that old...

  • The drilling recovery will likely to be slower to emerge due to a growing reserve of wells that have been drilled but not yet hydraulically fractured and increased activity in re-fracking wells that are running dry, Schlumberger Ltd Chief Executive Paal Kibsgaard said in a conference call Friday. Schlumberger expects the rebound in U.S. onshore drilling "...

  • April 17- Chinese e-commerce company Baozun Inc filed with U.S. regulators for an initial public offering of American Depository Shares, becoming the second e-commerce firm from the country that has filed to list in the United States this year. Morgan Stanley, Credit Suisse and BofA Merrill Lynch are underwriting the IPO, the company said in a preliminary...

  • Chinese e-commerce company Baozun files for U.S. IPO Friday, 17 Apr 2015 | 4:17 PM ET

    April 17- Chinese e-commerce company Baozun Inc filed with U.S. regulators for an initial public offering of American Depository Shares. Morgan Stanley, Credit Suisse and BofA Merrill Lynch are underwriting the IPO, the company said in a preliminary prospectus filed with the U. S Securities and Exchange Commission on Friday. Baozun counts Alibaba Investment...

  • April 16- Engaged Capital LLC has written to Rovi Corp, which sells television guide programs to cable providers, seeking changes to the company's board. Engaged Capital, which owns a 0.49 percent stake in Rovi, is seeking to replace three of Rovi's long-term directors, Andrew Ludwick, James Meyer and James O'Shaughnessy. "Rovi has recommended its stockholders...

  • April 16- Engaged Capital LLC has written to Rovi Corp, which sells television guide programs to cable providers, seeking changes to the company's board. Engaged Capital, which owns a 0.49 percent stake in Rovi, is seeking to replace three of Rovi's long-term directors, Andrew Ludwick, James Meyer and James O'Shaughnessy. Reuters reported in March that Rovi had...

  • April 15- Party City Holdco Inc's initial public offering has been priced at $17 per share, an underwriter said, valuing the largest U.S. party goods retailer at about $1.97 billion. The company's IPO will raise about $372 million at that price, the high end of an expected range of $15- $17 per share. Operating in the $10 billion retail party goods industry, the...

  • April 15- Party City Holdco Inc's initial public offering has been priced at $17 per share, an underwriter said, valuing the largest U.S. party goods retailer at about $1.97 billion. The company's IPO will raise about $372 million at that price, the high end of an expected range of $15- $17 per share. Goldman Sachs, BofA Merrill Lynch, Credit Suisse and Morgan Stanley...

  • April 14- Shopify Inc, a Canadian e-commerce software maker, filed with U.S. regulators for an initial public offering of Class A common stock in Canada and the United States. Morgan Stanley, Credit Suisse and RBC Capital Markets are among the major underwriters for the IPO, the company said in a filing with the U. S Securities and Exchange Commission on Tuesday.

  • LONDON, April 14- Nestle is in advanced talks to sell its frozen food unit Davigel to Brakes Group, owned by buyout fund Bain Capital, a person familiar with the situation said on Tuesday. Credit Suisse is handling the sale for Nestle, which is expected to raise between 200 million and 300 million euros, said a second source. Nestle declined to comment, while Brakes...

  • INSIGHT-Banks see talent flee amid healthcare M&A boom Tuesday, 14 Apr 2015 | 1:00 AM ET

    JPMorgan Chase& Co and Bank of America have both lost senior healthcare investment bankers to boutique investment bank Guggenheim Partners, showing that banks face challenges in being able to pay competitive rates. Healthcare has been the busiest sector for deals so far this year, fueled by transactions such as Pfizer Inc's $17 billion offer for Hospira Inc...

  • European equity rally slows after poor Chinese data Monday, 13 Apr 2015 | 7:08 AM ET

    *Miners fall after China data, Citi downgrade. *M&A speculation boosts Nokia, Alcatel. LONDON/ PARIS, April 13- European shares stalled on Monday after a recent rally as poor Chinese trade figures knocked mining shares, although mergers and acquisition activity helped keep pan-European indexes afloat.

  • COLOMBO, April 13-- Position: Central Bank. -Mahendran, an Oxford- educated graduate, has nearly 30 years of experience in the financial services industry across Asia, having served in both private companies and public sector organisations. -He holds an MA in Philosophy, Politics, and Economics from Oxford and his most recent position was chief investment officer at...

  • SAO PAULO, April 10- The assets management unit of Brazilian bank Bradesco has proposed two candidates for seats on the board of the state-run oil company Petroleo Brasileiro SA, or Petrobras. Petrobras said in a filing on Friday that Bradesco Asset Management SA had nominated Eduardo Bunker Gentil and Otavio Yazbek as candidates for the board.

  • Hedge fund machines cash in—again Thursday, 9 Apr 2015 | 12:46 PM ET
    Systematica Investments' CEO Leda Braga in their offices, Geneva, Switzerland last February.

    Hedge funds that catch macroeconomic trends using algorithms made a killing in the first quarter, besting other investing styles.

  • Wall Street mania propels Prosper to $2B value Thursday, 9 Apr 2015 | 7:00 AM ET

    Following LendingClub's blockbuster IPO last year, smaller rival Prosper has raised $165 million, valuing the company at $1.87 billion.

  • *Retailers jump, Takashimaya gains after earnings. TOKYO, April 8- Tokyo's benchmark index hit a 15- year high on Wednesday after Japanese retail investors ploughed a sizable amount of cash into new stock mutual funds and as regional bourses appeared to benefit from rotation of funds out of U.S. equities. Retailers and other domestic-demand oriented shares led...

  • *Julius Baer touches record high on bid speculation. PARIS, April 8- European energy shares outperformed other sectors on Wednesday after Royal Dutch Shell's $70 billion bid for BG sparked a rally. Royal Dutch Shell fell 5.3 percent, reflecting the premium it is paying for BG.

  • WASHINGTON— It turns out we may be able to breathe easier about the slowdown in hiring last month. A new Labor Department report Tuesday showed that job openings surged 3.4 percent to 5.1 million in February— a 14- year high. The sharp rise in available jobs "is a reassuring sign that the fundamentals of the labor market have continued to improve," said Jeremy...

  • *Offering of 21.9 mln shares at $15- $17/ shr. *To list on the New York Stock Exchange. The company, backed by buyout firm Thomas H. Lee Partners LP, operates 900 party superstores in the United States and Canada that sell party supplies including paper and plastic tableware, metallic and latex balloons and gifts for everyday.