Diversified Capital Markets

Brady Dougan, Chief Executive Officer of Credit Suisse (NYSE: CS), received $17.9 million in compensation in 2009. The company declared that it paid 148.9 million francs to its 13 executive board members. The bank had posted strong financials for the year. However, its liberal payout has received...

The Wall Street Journal reports that Swiss banking group Credit Suisse (ADR) (NYSE: CS) said on Thursday that it paid its CEO Brady Dougan 19.2 million Swiss francs ($17.9 million) in compensation for 2009. The compensation was paid in cash and stock. This makes Dougan one of the highest paid...

Vornado Realty Trust (VNO), one of the largest real estate investment trusts (REITs) in the U.S., has recently announced an offering of $500 million aggregate principal amount of 4.25% senior unsecured notes due April 1, 2015. The debt offering is expected to raise net proceeds of approximately $...

• General Mills (NYSE:GIS) posted better than expected earnings on inline revenues. Fiscal third quarter earnings of 97 cents beat Zacks estimates by 4 cents versus 79 cents a year earlier, on inline revenues of $3.63 billion. The company said it sees full-year earnings of $4.57 to $4.59 per share...

In a recently released report, Credit Suisse (NYSE: CS) has stated that Merger & Acquisition activities are likely to drive growth in the regional bank segment. The report is focused on banks with assets greater than $4 billion. Credit Suisse has identified US Bancorp (NYSE: USB) as a potential...

Daniel Coleman, head of global equities at UBS (NYSE: UBS), has stepped down. The move is considered to be a part of an across-the-board reorganization process undertaken by the financial services giant. UBS’s (UBS) global securities Chief Neal Shear will be the interim global equities head. Shear...

Shares from the healthcare sector led the broader stock market higher Monday, as the contentious healthcare overhaul bill crossed the final hurdle after months of debate and uncertainty.  The 10-year, $940 billion bill will extend insurance to 32 million Americans who are currently without coverage...

The Wall Street Journal reports that European markets ended lower for a third straight session on Monday. Stoxx Europe 600 Index closed 0.07% lower at 259.3. Meanwhile, the FTSE 100 in U.K. fell 0.1% to close at 5,644.54. Germany’s DAX and France’s CAC-40 ended slightly higher, with the DAX rising...

• AIG (NYSE: AIG) former CEO Greenberg reached a deal with UBS (NYSE: UBS) to sell most of his shares in AIG, an estimated 10 million shares, for $278.2 million • Kimberly-Clark (NYSE: KMB) said it continues to see full-year earnings of $4.80-$5.00 • FBR raised its rating on Waddell & Reed (...

Credit Suisse (NYSE: CS) has issued an advisory to its bankers restricting their travels to Germany. The bank has undertaken the move after Germany instituted more than 1,000 probes against the bank’s clients. Germany is also investigating the bank’s staff for aiding evasion. A Credit Suisse (CS)...

SunPower (NASDAQ: SPWRA) announced that it intends to restate its earnings for 2008-2010, following the completion of an internal investigation into accounting issues, resulting in $33.2 million of additional expenses and a $16.9 million reduction in income. SPWRA has also reported a 70% downturn...

• Perry Ellis (NASDAQ:PERY) posted fiscal fourth quarter earnings a nickel above estimates at 64 cents versus a loss of $1.58 a year ago, on revenues of $196.4 million, slightly under estimates of $198.91 million. The retailer said it sees fiscal 2011 earnings of $1.25 to $1.40 • According to the...

The Wall Street Journal reports that European markets climbed higher on Friday on back of strong performance by bank stocks. Bank stocks received a boost after Lloyds banking Group (ADR) (NYSE: LYG) announced that it was expecting to return to profitability this year. Stoxx Europe 600 Index...

• Citigroup (NYSE:C) downgraded financial shares from "overweight" to "neutral," warning that early-cycle gains in financial sector shares, up 63% over the past year, may fade heading into the bull market's second year • After the close yesterday, Nike (NYSE:NKE) reported sharply-higher-than-...