Credit Suisse reported Thursday that its profit rose in the first quarter, profit was up 2 percent to 2.06 billion Swiss francs, or $1.93 billion, from 2.01 billion francs in the first quarter of last year. That beat the average forecast of 1.99 billion francs of analysts polled by Bloomberg.
Renato Fassbind, the bank’s chief financial [...]
Apr
22
2010
22
2010
Credit Suisse reports $1.93B profit in Q1
Apr
22
2010
22
2010
Credit Suisse Posts Q1 Profit, meets analyst expectations
Swiss bank Credit Suisse Group (NYSE:CS, $50.73, -$0.36, -0.70%) said Thursday its first-quarter net income of CHF2.1 billion ($1.96 billion). The results met analyst expectations and are a marginal improvement on the bank’s 2 billion francs net profit during the first quarter of 2009.
Credit Suisse said in a statement that its Private Banking unit, which [...]
Feb
12
2010
12
2010
Credit Suisse group back in profit
Credit Suisse group reported profit of 6.7bn Swiss francs in 2009 against a loss of 8.2bn Swiss francs recorded last year. The company posted a net income of CHF 793 million or CHF 0.56 per share for the fourth quarter, compared to a loss of CHF 6.02 billion or CHF 5.34 per share recorded in [...]
Feb
9
2010
9
2010
iPod prices to slide
Consumer is the king for he decides what should be the price of a product, particularly if the economy is picking up from a recession.
The latest indication of the consumer’s power is seen in the Apple’s reported decision to cut the price of its iPod, a portable media player.
Reports quoted Credit Suisse analyst Bill Shope [...]