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Stock Market & Financial Investment News

News Breaks
April 14, 2014
15:26 EDTCS, LAZLazard's Spencer hired away by Credit Suisse, WSJ says
Jim Spencer has been hired away from Lazard (LAZ) and will join Credit Suisse (CS) in October as the new head of the bank’s Financial Institutions Group in the Americas, according to The Wall Street Journal, citing an internal memo. Reference Link
News For LAZ;CS From The Last 14 Days
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July 30, 2015
06:25 EDTCSSamson Resources plans to file for bankruptcy protection, NY Post reports
Samson Resources plans to file for bankruptcy protection "within days," the New York Post reports. KKR (KKR) is slated to lose its approximately $2B investment in the firm, the report says. Cerberus Capital Management, Silver Point Capital, and Credit Suisse (CS) are among the second-lien lenders that hold roughly $1B in debt and will take over Samson in exchange for their loans as part of a prepackaged bankruptcy, the report says. Reference Link
July 27, 2015
10:29 EDTCSCase against Credit Suisse over 'dark pools' prepped by NY AG, Fox Business says
New York Attorney General Eric Schneiderman is readying to bring a civil case against Credit Suisse over high-frequency trading abuses through its Crossfinder “dark pools,” according to Fox Business' Charlie Gasparino. Reference Link
July 24, 2015
13:48 EDTLAZTotal looks to sell 50% of Texas refinery
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July 23, 2015
07:03 EDTLAZLazard reports Q2 adjusted EPS 98c, consensus 77c
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05:47 EDTCSCredit Suisse reports Q2 EPS CHF 0.61 vs. (CHF 0.45) last year
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July 22, 2015
09:59 EDTCSCredit Suisse CEO considers possible acquisition, FT reports
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