Credit Suisse Reports a Strong First Quarter

Credit Suisse CS earned CHF 1,026 million (CHF 0.76 per diluted share) in the first quarter compared with CHF 41 million in the year-ago quarter and CHF 221 million in the trailing quarter on better trading results and lower expenses. This quarter’s reported profit, which included CHF 80 million of noncash own-debt losses, amounted to an 11% return on equity. On a management-provided underlying basis, … Continue reading Credit Suisse Reports a Strong First Quarter

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Hot Runners: Baidu Inc (NASDAQ:BIDU), Weibo Corp (NASDAQ:WB), Cisco Systems, Inc. (NASDAQ:CSCO), Trina Solar Limited (ADR) (NYSE:TSL)

Baidu Inc (ADR) (NASDAQ:BIDU)’s shares were upgraded by zack from an underperform rating to a neutral rating in a research note issued to investors on Wednesday morning, AR Network reports. Zacks currently has $156.10 price target on the stock.Traded volume was 5,895,503 shares in the last session and the average volume of the stock remained 4,992,440 shares. The beta of the stock remained 1.95. Baidu … Continue reading Hot Runners: Baidu Inc (NASDAQ:BIDU), Weibo Corp (NASDAQ:WB), Cisco Systems, Inc. (NASDAQ:CSCO), Trina Solar Limited (ADR) (NYSE:TSL)