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…

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Hot Alert – Oi SA (ADR) (NYSE:OIBR), Lentuo International Inc (ADR) (NYSE:LAS) , Delek US Holdings, Inc. (NYSE:DK) , CONN’S, Inc. (NASDAQ:CONN)

On 16 July 2014, Oi SA (ADR) (NYSE:OIBR) entered into a Memorandum of Understanding (“MOU”) with PT SGPS to establish the basis of an agreement between them in relation to financial investments in Rio Forte commercial paper (the “Securities”) made by the Oi Subsidiaries. Oi SA (ADR) (NYSE:OIBR) stock performance was 10.83% in last session…

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Hot News – Gogo Inc, (NASDAQ:GOGO), Casey’s General Stores Inc (NASDAQ:CASY), SeaWorld Entertainment Inc (NYSE:SEAS), National Fuel Gas Co. (NYSE:NFG)

Gogo Inc (NASDAQ:GOGO) announced Tuesday it received regulatory approval to provide Ku-band satellite connectivity service for aircraft flying over eastern and western regions of Russia. The approval was granted based on the agreements signed by the aero communications service provider and AltegroSky and RuSat to provide Ku-band satellite service. Gogo said it plans to launch the Ku-band satellite…

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Worth Watching Stocks – Plug Power Inc (NASDAQ:PLUG) , ShoreTel (NASDAQ:SHOR) , Cyan Inc (NYSE:CYNI) , Sevcon Inc (NASDAQ:SEV)

Plug Power Inc (NASDAQ:PLUG) on July 10 announced it had participated in the recent grand opening of Ace Hardware’s first all hydrogen material handling fleet at the company’s newly constructed Wilmer, Texas warehouse. In addition, Ace has ordered further GenDrive units for another distribution center being built in West Jefferson, Ohio. Plug Power Inc (NASDAQ:PLUG)…

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