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Fox Business Happy Hour2 days ago
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Take a look at mosaic today. 85,000 calls trades in there. The stock has continued to there’s a CREDIT SUISSE conference coming up. The catalysts are out there for growth in this industry. It was oversold. I think right now even though it’s moving I think there’s still more up there. >> they should make aed by for2 days ago
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Down in zurich, the big story is that aussie gruble or saint ozzie, the man who rescued CREDIT SUISSE has now become the new ceo of ubs. My sources tell me that the big corner there is that the swiss government may try to force through some kind of a merger between ubs and cs.4 days ago
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A weak open in the marketplace. They’re ready to roll in mixed a lot looking at the pharmaceutical stocks today. All three being initiated as outperformers at CREDIT SUISSE this morning particularly teva. They think that stock is in a very unique position after acquiring barr labs. It widens its gab.5 days ago
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Pressure on the swiss bank to cough up all the u.S. Clients it has. Ubs down 16%, still down 13% and dragging other swiss banks down with it. CREDIT SUISSE down 9%. Also there are more signs of the struggling economy in the euro zone. Activity in both manufacturing and the service sectors today falling in a lot sharper than expected.10 days ago
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Rebecca: and that’s — >> we’ve had 1.5 million foreclosures in the last, since the recession began. And we’re now looking at, the depending who you listen to, CREDIT SUISSE, others, ten to 13 million more I don’t think people heading towards foreclosure to get a better deal especially because nobody knows what the deal is going to be. That is why the government really hasn’t stepped up and12 days ago
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Sec options back dating charges, top four execs at the company will pay over 1.5 million dollars in charges among taking several other actions and shares are down 71/2%. CREDIT SUISSE also getting hit at this hour and falling on news it’s been ordered to pay $400 million dollars in st12 days ago
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They’re cash rich and making their numbers. Biotech, too. Acquisitions and big approvals from many of the majors. In january’s doing better. CREDIT SUISSE says things have last night you heard knight capital telling us things were improving and I know goldman sachs, nod terrible trust name, is doing better because credit, or at least bonds are being16 days ago
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Now, a couple of stocks have been weighing on the nasdaq from big tech all day today. Research in motion’s down 3 1/2%. Sun microsystems down by just about the same amount. Both stocks were downgraded, rim cut to underperform over CREDIT SUISSE on microsystem added to goldman sachs’s conviction sell how about ticketmaster? We continue to watch this developing story between ticketmaster and live nation and that perhaps the potential merger I should say between16 days ago
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To provide its android software on the brand new smart phone and also google’s youtube division, ceiling a deal with sony music, CREDIT SUISSE, applied materials cutting top executive salaries by 10% across the board and point star living on earnings as well the acquisition of red star. Biotech on the flip side kind of17 days ago
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Are keeping their earnings how are we looking over at the >> we’ve opened flat. We’re down about a couple of points or so. I’ve been watching research in research in motion shares cut to underperform over at CREDIT SUISSE. This was a stock that was up some 40% as of a few days ago, then came out with that weak outlook. The stock took a pretty big slide there. It is down again after getting17 days ago
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>> i’m looking at lloyds, 3 to 41/2, 533 was the last trade in that one and we will talk about lloyds and talking about that. The banking stocks key to watch and watching CREDIT SUISSE and j.P. Morgan cutting the price target on CREDIT SUISSE today and wells fargo dirk it out and how many people actually caught it, but wells fargo saying that it will write dun a group of fourth largest bank, certainly17 days ago
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Have all eight of these stocks higher, at least when you’re looking at financials. >> it’s interesting. If you look at the financials, they’re definitely having a bit of a snap back here today. What caught my eye, erin s1 of the stocks CREDIT SUISSE, I started looking around. There’s a real raft of adrs, these foreign stocks that trade here, that are doing very, very well today. They’re actually out with so in fact, there’s nine of them18 days ago
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You’re talking about gdp of $450 billion. Bank assets $1.6 trillion in sweden where they lowered interest rates by 1%. Switzerland, CREDIT SUISSE and ubs have been losing a lot of those banks have assets that far, far outstrip the swiss economy in terms of its gdp or its ability to withstand continued deterioration in those assets. CREDIT SUISSE, it wasn’t assets going bad as much as it was significant loss, private equity, for example. But they took a $5.2 billion net loss for the quarter at credit so yes, we have switzerland to19 days ago
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Markets on this side of the pond fairly mixed. We’re obviously waiting to see what exactly is going to happen when we get the u.S. Open on wall street. CREDIT SUISSE out with numbers. Yesterday ubs was out with figures. That’s a record loss for a swiss institution. CREDIT SUISSE looking better today but worse than expected. I have to say that as we speak speaking to braiddy duke. On the conference call he sounded a bit more positive. There are big negatives out there. But maybe green shoots in terms of CREDIT SUISSE’s place in the world. Talking about what happened with nokia up in finland today said it would be cutting production. That’s another negative in that.19 days ago
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At hbos, he denies wrongdoing, but says this is the right banks are down on mr. Geithner’s perceived lacks luster performance on outlining that rescue plan. Heard from CREDIT SUISSE losing fourth quarter. Bigger loss than expected, however, and I say however, they have a more bullish outlook for the stock down just 2% and we’ve heard from a number of19 days ago
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Alexis: all right. Murphy’s law. Rich edson, thank you very much. The latest on the european markets and what they’re doing and reaction to earnings today from the likes of CREDIT SUISSE, let’s get the update from mr. Ashley webster over in ashley: good morning alexis and the market having a hard time to get through. A lot of earnings that came out today, a mixed bag, some very19 days ago
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About a 10th of a percent. Suisse today. We heard from ubs yesterday, the other big swiss bank. It was lousy news today. CREDIT SUISSE announcing they lost 5.2 billion dollars in the fourth quarter. That is worse than expected. However, the bank saying that 2009 is starting a lot more19 days ago
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He should be concentrating on how to fix this instead of sound bites the spire time. Alexis: okay. You know, we have the likes of CREDIT SUISSE coming out today, we’ve had a couple you cannily announcements, but is the market overseas, I guess, as crucially dissecting everything that we’re doing here as we are?19 days ago
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Work out? Platitudes, this is not the we need meat on the bones. Ashley: thank you for talking to us about CREDIT SUISSE and the ongoing problems there. >>> coming up, president obama talks to the people and he takes his plan to the but is it just pr spin? We’ll look at that later. And everything from solar19 days ago
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Joining me with more on this is david buik, partner with bbc partners here in london, and fox business contributor charles payne in new york. David, I want to begin with you, if we can. Let me get your reaction first to CREDIT SUISSE’s fourth quarter earnings. >> as you say, ashley, and a very good morning to you. They’re slightly disappointing in terms of the fact in terms of swiss bank 6.1 billion loss for the fourth quarter, 8.2 billion19 days ago
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Half a percent. Dax index in frankfurt off not a lot of conviction in the european markets. >>> swiss bank reporting a loss. Yesterday ubs, today CREDIT SUISSE reporting a $5.2 billion loss in the fourth quarter. That is bigger than expected. But unlike its swiss rival, CREDIT SUISSE has not received a government bailout and has had a positive start to the new year. CREDIT SUISSE stock down >>> cutting rates may not be that word from bank of england governor mervyn king. All doom and gloom.19 days ago
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Ubs up 61/3%, there’s a kitchen sink report and the ceo saying now what, I think we can turn a profit this year. There is optimism looking forward. Looking back not so good. CREDIT SUISSE up 2%, that bank will be reporting tomorrow. The u.S. Dollar up against both the euro and the british pound, alexis back to you in thanks so much, ashley. Well, our next guest says that20 days ago
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Ubs also announcing today cuts, job cuts of another 2200 workers in their investment banking ubs shares though up 4% on hopes this could be the worst of it. Meanwhile shares of CREDIT SUISSE down 1%. CREDIT SUISSE the other big swiss bank will be reporting >>> there is a dire warning from the ceo of dutch belgium bank he says if shareholders vote down the proposal to sell20 days ago
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Something that you talk about a lot, jeff. Where you sort of get a bad news’ story but a good news’ move. Christmas suitecredit — CREDIT SUISSE will downgreat. This commentary not particularly good for a stock price and yet the commentary today and ge had one of its best days in a long time. >> right and the short-term20 days ago
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I owned all three coming in today, knock on wood, because of unusual patterns that our systems picked up. And all of those made dramatic moves to the upside. I think a lot of them still just like CREDIT SUISSE and ubs have said this week, have great deposit bases, have been thrown out baby with the bath water. So, I think those that survive here are going to thrive, and that’s why I would continue to23 days ago
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Some people selling the mbs’s may be liable. The perp walks. >> liz: the bear stearns guys– >> the hedge funds, only seeing the bear stearns hedge funds. >> liz: that’s a year and a half >> and that’s right, the CREDIT SUISSE brokers under arrest, but we’re hearing a bumper crop here here, why? It’s so complicated, the cases are complex. By the way, the sec has come26 days ago
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25 wall street frauds. What’s happening the equivalent as we know it of basically getting the rot out of the system and so, bear stearns, lehman brothers, fannie mae, freddie mac, CREDIT SUISSE, aig, all under investigation. The sec also looking at literally dozens of ponzi scams along with the fbi, and fbi director robert mueller, he had said he will go as high up the26 days ago
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On the cac 40 in paris up3/4 after percent as you can see on the dax 30 up 1%. News today about european banks, especially from switzerland, CREDIT SUISSE that’s switzerland’s second largest cutting bonuses 55%, following more than 13 billion dollars worth of credit write-downs and seems only fair. CREDIT SUISSE down. Shares of ubs have been moving higher getting a nice boost on reports of the swiss bank reportedly considered selling27 days ago
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Ftse 100 in london higher now close to 1% or around 35 points. A couple of interesting stories concerning european banks, both in switzerland. CREDIT SUISSE, switzerland’s second largest bank plans to cut bonuses by investment bankers 55%, following more than 13 billion dollar worth of credit shares down 2%.27 days ago
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God, up till now our acquisition is not bad. Yes, they’ve been affected, but they are much less affected than the others, and some still we are doing well. Still we are profiting like our transaction with CREDIT SUISSE, still it sounds good. With barclays it is a little bit but it’s not like what we see in some banks. >> would you consider putting more money into barclays right27 days ago
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>>> pfizer, this stock was the worst performer in the dow last week. Falling about 16.5%. After the company announced it is buying wyeth. But today CREDIT SUISSE upgrade the stock to outperform and chairman and ceo jeff kimler continued his campaign in defense of this deal, making an encore appearance here on cnbc. And that’s worth about 2 1/2% but the biggest dollar gainer in27 days ago
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Other big pharma considering a is that a fair comment? >> I don’t really know what they’re referring to there. There’s commentary out today from CREDIT SUISSE that’s very positive about the deal and the strategic benefits of it. The tremendous accretion that we expect to achieve and the flexibility. In 2012, we’ll be in a net cash28 days ago
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Ambilin, down 7% in trading they had lower than expected sales of their key diabetes drug that’s a franchise drug for them. Ciena cut to underperform at CREDIT SUISSE. The target cut down to 6. Starbucks is up. They reported their earnings after today’s closing bell. Sharon at the nymex. >> oil traders can’t get too excited about what’s going none1/28/2009
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We’ll lose even more than if >> this is politics. This is not an economic decision. This is being driven by sheila bair at fdic the only thing she could come up to say this is going to work study by CREDIT SUISSE. CREDIT SUISSE says her plan this is completely political. And cost taxpayers more. David: danger what is happening, fed has been more or less insulated from there are times it does get1/27/2009
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Sold despite today’s misplaced downgrade by morgan stanley. Walmart still delivering positive numbers and although smacked down by candidatecredit — candidate — CREDIT SUISSE. Northern trust, a bank, it actual&y beat the number. Vaulted $13. And pnc beat $will and when it reported a decent number you have to admit it smoked the1/21/2009
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Citigroup updating harley-davidson to a hold from a sell saying that business was bad for the motorcycle maker. U.S. Sales are still beating wall street expectations. CREDIT SUISSE downgrading meanwhile to a neutral from outperform, slower same-store sales the reason here as well as increasing competition from rival target. Laboratories today to sell from a neutral.1/21/2009