New Strong Sell Stocks for July 12th
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 8:25AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday
EURN: 8.98 (+0.09), UFS: 34.80 (+0.83), CS: 11.07 (+0.31), CCE: 35.95 (+0.27), ALGT: 148.50 (+1.57)
Credit Suisse Releases Mid-Year Hedge Fund Investor Sentiment Survey
PR Newswire - Tue Jul 12, 7:15AM CDT
Credit Suisse today announced the results of its mid-year Hedge Fund Investor Sentiment Survey, which polled over 200 global institutional investors representing almost USD 700 billion in hedge fund investments. Participants were surveyed on their hedge fund activities during the first half of the year as well as strategy appetite and allocation plans for the second half of the year. This survey follows Credit Suisse's Annual Global Investor Sentiment Survey that was conducted in January 2016.
CS: 11.07 (+0.31)
Credit Suisse Group Down 23.2% Since SmarTrend Downtrend Call (CS)
Comtex SmarTrend(R) - Wed Jul 06, 1:33PM CDT
SmarTrend identified a Downtrend for Credit Suisse Group (NYSE:CS) on April 6th, 2016 at $13.38. In approximately 3 months, Credit Suisse Group has returned 23.21% as of today's recent price of $10.27.
CS: 11.07 (+0.31)
Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol "MLPO"
PR Newswire - Wed Jul 06, 7:30AM CDT
-- On July 5, 2016, Credit Suisse declared a Coupon Amount for the Credit Suisse S&P MLP Index ETN ("the ETN"
CS: 11.07 (+0.31), MLPO: 14.89 (-0.25)
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links Exchange Traded Notes (the "ETNs"
PR Newswire - Wed Jul 06, 7:30AM CDT
-- On July 5, 2016, Credit Suisse declared coupon payments for the following ETNs:
GLDI: 10.81 (-0.05), SLVO: 10.71 (-0.07), CS: 11.07 (+0.31)
Downgrade Alert for Credit Suisse Group (CS)
Comtex SmarTrend(R) - Wed Jun 29, 3:42AM CDT
Credit Suisse Group (NYSE:CS) was downgraded from Outperform to Sector Perform at RBC Capital today. The stock closed yesterday at $10.55 on volume of 11.4 million shares, above average daily volume of 3.0 million. Credit Suisse Group (NYSE:CS) has potential upside of 125.8% based on a current price of $10.55 and analysts' consensus price target of $23.82. The stock should run into initial resistance at its 50-day moving average (MA) of $14.71 and subsequent resistance at its 200-day MA of $20.95.
CS: 11.07 (+0.31)
3 European Banking Stocks Down More Than 35% in 2 Days
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 3:20PM CDT
The U.K.'s decision to exit the EU will undoubtedly make matters worse for the European economy, which is already plagued by fundamental weakness.
BCS: 7.95 (+0.28), GS: 156.92 (+4.73), JPM: 63.20 (+0.93), CS: 11.07 (+0.31), DB: 14.10 (+0.80), BAC: 13.54 (+0.33), RBS: 4.87 (+0.15), LYG: 3.02 (+0.15), MS: 27.37 (+0.91)
21.9% Return Seen to Date on SmarTrend Credit Suisse Group Call (CS)
Comtex SmarTrend(R) - Tue Jun 28, 1:50PM CDT
SmarTrend identified a Downtrend for Credit Suisse Group (NYSE:CS) on April 6th, 2016 at $13.38. In approximately 3 months, Credit Suisse Group has returned 21.86% as of today's recent price of $10.45.
CS: 11.07 (+0.31)
McDonald's (MCD) Stock Falls On Brexit Fears, Credit Suisse Downgrade
Adam Clark - Zacks Investment Research - Mon Jun 27, 4:44PM CDT
McDonald's joined the list of stocks finishing Monday in the red, as the company has a high level of exposure to Europe and had its price target lowered by Credit Suisse.
CS: 11.07 (+0.31), MCD: 122.25 (+0.25)
Brexit Fallout: Collapse without Hysteria
Mark Vickery - Zacks Investment Research - Mon Jun 27, 8:46AM CDT
The silver lining here might just be this most orderly of fall-outs since the Brexit decision was made.
BCS: 7.95 (+0.28), CS: 11.07 (+0.31), DB: 14.10 (+0.80), RBS: 4.87 (+0.15)
Credit Suisse (CS) Under Justice Dept. Probe
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:41PM CDT
Legal hassles continue for Credit Suisse Group AG (CS) as the Swiss banking giant is under Justice Department scrutiny for its operations in Israel. US regulators are investigating the Zurich-based banking giant's procedures relating to handling of American clients.
BMO: 64.33 (+0.83), CS: 11.07 (+0.31), CM: 75.65 (+0.95)
Goldman (GS) Third Round Layoffs: 98 in New York
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:30PM CDT
As a part of big overhaul, The Goldman Sachs Group, Inc. (GS) has commenced the third round of layoffs with the elimination of 98 staff in New York.
GS: 156.92 (+4.73), CS: 11.07 (+0.31), DB: 14.10 (+0.80), BAC: 13.54 (+0.33)
Major Swiss Banks to Raise More Capital Amid Revised Rules
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 2:56PM CDT
Switzerland's central bank said that UBS Group AG (UBS) and Credit Suisse Group AG (CS) need to raise billions more in order to meet the nation's new capital requirements.
CS: 11.07 (+0.31), UBS: 12.82 (+0.31)
SmarTrend Watching for Potential Pullback in Shares of Credit Suisse Group After 3.64% Gain
Comtex SmarTrend(R) - Fri Jun 17, 2:45PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $12.28 to a high of $12.54. Yesterday, the shares gained 3.6%, which took the trading range above the 3-day high of $12.19 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CS: 11.07 (+0.31)
Digital Banking Revolution to Cause More Layoffs at BofA?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 7:50AM CDT
More than 8,000 employees are set to be eliminated in Bank of America's (BAC) consumer banking business in the wake of shifting inclination of the customers toward digital banking.
CS: 11.07 (+0.31), DB: 14.10 (+0.80), BAC: 13.54 (+0.33), MS: 27.37 (+0.91)
Watch List for Foreign Money Center Banks Equities -- Banco Santander, Barclays, Lloyds Banking Group, and Credit Suisse Group
PR Newswire - Wed Jun 15, 7:00AM CDT
On Tuesday, June 14, 2016, the NASDAQ Composite ended the trading session at 4,843.55, down 0.10%; the Dow Jones Industrial Average edged 0.33% lower to finish at 17,674.82; and the S&P 500 closed at 2,075.32, down 0.18%. Stock-Callers.com has initiated coverage on the following equities: Banco Santander S.A. (NYSE: SAN), Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), and Credit Suisse Group A.G. (NYSE: CS). Learn more about these stocks by accessing their free trade alerts at:
BCS: 7.95 (+0.28), SAN: 4.21 (+0.25), CS: 11.07 (+0.31), LYG: 3.02 (+0.15)
Watch for Credit Suisse Group to Potentially Rebound After Falling 2.01% Yesterday
Comtex SmarTrend(R) - Mon Jun 13, 3:00PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $12.06 to a high of $12.40. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $12.38 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.07 (+0.31)