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Stock Market & Financial Investment News

News Breaks
July 10, 2014
06:45 EDTCSCredit Suisse asks sentencing for aiding tax evasion be delayed, WSJ reports
Credit Suisse says its billions of dollars of assets of pension plans will be at risk unless a U.S. court delays the sentencing following its guilty plea in May, reports the Wall Street Journal. In a motion filed Tuesday, the bank asked that the sentencing be pushed to "at least" the beginning of November because it hasn't been able to receive permission from the Department of Labor to continue to provide services to pension plans. Reference Link
News For CS From The Last 14 Days
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March 27, 2015
09:37 EDTCSGoldman Sachs overtakes JPMorgan in commodities rankings, Reuters says
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March 20, 2015
17:07 EDTCSCredit Suisse files automatic mixed securities shelf
March 19, 2015
06:06 EDTCSSunrun powers up for IPO later this year, WSJ reports
Sunrun, a solar-energy company, is said to be working with Credit Suisse (CS) and Goldman Sachs (GS) on a potential IPO for later this year, sources tell The Wall Street Journal, which adds that the company was valued at $1.3B as of March 2014. Other solar companies that have gone public in recent years include residential solar installers like Vivint Solar (VSLR), backed by Blackstone (BX), and SolarCity (SCTY), backed by Tesla's (TSLA) Elon Musk. Reference Link

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