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Credit Suisse Launches Electronic Trading of Credit Default Swaps on Bloomberg
Friday, November 12, 2010 - 11:57am | 56Credit Suisse (NYSE: CS) has launched electronic trading of Credit Default Swap (CDS) indices, marking a major step in the evolution of the credit derivatives market. Clients now have the ability to seamlessly execute a fully electronic trade with Credit Suisse's Credit Derivatives Desk from any...
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Company News for November 11, 2010 - Corporate Summary
Thursday, November 11, 2010 - 9:36am | 888• Wal-Mart (NYSE: WMT) said it will offer free shipping on its website through December 20 • Research In Motion (NASDAQ: RIMM) said it will offer its BlackBerry PlayBook tablet computer for less than $500, a move likely to undercut prices for Apple's (NASDAQ: AAPL) winning iPad • Cisco (NASDAQ:...
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Credit Suisse Launches Electronic CDS Trading on Bloomberg
Wednesday, November 10, 2010 - 11:24am | 43Credit Suisse (NYSE: CS) has launched electronic trading of Credit Default Swap indices. Clients now have the ability to seamlessly execute a fully electronic trade with Credit Suisse's Credit Derivatives Desk from any Bloomberg terminal.
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Company News for November 10, 2010 - Corporate Summary
Wednesday, November 10, 2010 - 9:30am | 693· Google (NASDAQ: GOOG) decided to raise salaries 10% for its 23,000 odd employees · UBS (NYSE: UBS) downgraded Las Vegas Sands (NYSE: LVS) from Buy to Neutral · Goldman Sachs (NYSE: GS) reiterated its Positive rating for Rackspace (NYSE: RAX) and raised its price...
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Credit Suisse Announces Exclusive Agreement As Global Distributor for KIMCO
Monday, November 8, 2010 - 9:49am | 51Credit Suisse (NYSE: CS) announced today through its Asset Management division that it has reached an agreement with KIMCO International PTE. LTD. to become KIMCO's exclusive distributor. KIMCO is a Singapore-based hedge fund manager that employs a Japanese equity long/short investment strategy.
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Company News for November 8, 2010 - Corporate Summary
Monday, November 8, 2010 - 9:39am | 684• UBS (NYSE: UBS) upgraded Intel (NASDAQ: INTC) to “buy” from "neutral," taking the price target to $25 from $20 • Shares of Boeing (NYSE: BA) weakened after reports in the Aviation Week asserted the firm had alerted several early Dreamliner customers of delays of up to ten months. However, the...
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Stock Market News for November 3, 2010 - Market News
Wednesday, November 3, 2010 - 9:00am | 1144Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more than six months as most of...
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JMP Group Inc. Declares Quarterly Dividend of 1.5 Cents
Wednesday, November 3, 2010 - 8:02am | 47JMP Group Inc. (NYSE: JMP) announced today that its board of directors has declared a dividend of $0.015 per share for the third quarter of 2010, to be paid on Friday, December 3, 2010 to common stockholders of record as of Friday, November 19, 2010.
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Le Gaga IPO Prices At Top End Of Range
Friday, October 29, 2010 - 4:31am | 128Le Gaga, China's largest vegetable producer, priced its U.S. IPO at the top end of the $7.50-$9.50, which will result in proceeds of $103.3 million from the sale of 10.9 million shares. The shares will start trading on the Nasdaq today under the ticker "GAGA." Le Gaga sells 100 varieties of...
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Deutsche Bank To Introduce 5 New Global ETFs
Thursday, October 28, 2010 - 7:26am | 124Deutsche Bank (NYSE: DB), Germany's largest bank, has filed plans with the SEC to launch five currency hedged equity ETFs. Deutsche Bank previously partnered with PowerShares on some of the more popular currency ETF offerings currently available to U.S. investors. The new funds will be: DBX MSCI...
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Zacks Analyst Blog Highlights: Valero Energy, UBS AG, Credit Suisse, Deutsche Bank AG and Banco Santander SA - Press Releases
Wednesday, October 27, 2010 - 2:33pm | 2064For Immediate Release Chicago, IL – October 27, 2010 – Zacks.com Analyst Blog features: Valero Energy Corporation (VLO), UBS AG (UBS), Credit Suisse Group (CS), Deutsche Bank AG (DB) and Banco Santander SA (STD ). Get the most recent insight from Zacks Equity Research with the free Profit...
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Postbank Lets Deutsche Bank Down - Analyst Blog
Wednesday, October 27, 2010 - 2:09pm | 570Deutsche Bank AG (DB) reported a third quarter 2010 net loss of €1.2 billion ($1.7 billion) or €1.75 per share, compared with a profit of €1.4 billion or €1.92 per share in the prior-year period, primarily reflecting the €2.3 billion in charges for the Deutsche Bank's stake in Postbank and the...
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Pacific Biosciences IPO Priced At $16
Wednesday, October 27, 2010 - 8:36am | 124Pacific Biosciences of California said its initial public offering will price at $16 a share, in the middle of the expected range. The company, which will trade under the ticker "PACB" will sell 12.5 million shares today, raising $200 million in proceeds. The company is also offering underwriters...
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US Stock Futures Down As Investors Await Earnings, Consumer Confidence Data
Tuesday, October 26, 2010 - 6:08am | 247US stock futures moved down, as investors are awaiting corporate earnings along with data on consumer confidence. Futures on the Dow Jones Industrial Average dropped 25 points to 11,090, while S&P 500 futures fell 0.10 points to 1,182.70. Nasdaq 100 futures declined 4.50 points to 2,104. US...
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UBS Posts Profit
Tuesday, October 26, 2010 - 2:34am | 122UBS (NYSE: UBS), Switzerland's largest bank, said it posted its fourth straight quarterly profit as third-quarter results came in at $1.71 billion, reversing a loss in the year earlier period as the company saw new inflows from wealth managment clients for the first time since 2008. UBS clients...