aggressively now to strengthen our competitive advantages in order to extend our lead and ensure future sustainable growth." Credit Suisse (target lowered to $40) expects major increases in sales, advertising, and R&D spend. Membership revenue
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ZURICH, Aug 19 (Reuters) - Credit Suisse has confirmed it arranged securities on behalf of crisis-hit Portuguese lender Banco Espirito Santo SA (BES), but said it had not sold those securities or advised any clients or affiliates of BES to buy them.
(Corrects story keywords to PORTUGAL-BES/CREDITSUISSE; also repeats to additional Reuters clients)
ZURICH, Aug 19 (Reuters) - Credit Suisse on Tuesday confirmed it arranged securities on behalf of Banco Espirito Santo SA, but said that it had not sold or advised any clients or affiliates of the crisis-hit Portuguese bank to buy them.
General Electric ( GE +1.4% ) hits $26 after Credit Suisse reinstates coverage with an Outperform rating and $30 price target, which looks for GE's industrial margin expansion to accelerate
requires lots of short-term debt for collateral purposes,” says Carl Lantz, head of US interest rate strategy at Credit Suisse . Tougher bank regulations make it a lot more expensive for dealers to fund repo trades, particularly once they start failing. Goldman