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CS

Credit Suisse

$12.83

-0.28 (-2.14%)

17:41
10/13/16
10/13
17:41
10/13/16
17:41

Credit Suisse sold business development unit for $277M, law firm says

Legal firm Dechert LLP announced October 7 that it represented CION Investment Corp in its acquisition of Credit Suisse's business development company, Credit Suisse Park View BDC. "CION, through an acquisition subsidiary, Park South Funding, acquired one hundred percent of the common stock of CS Park View from Credit Suisse Alternative Capital," the firm noted. The cash transaction was valued at approximately $277M, and closed September 30. Reference Link

  • 23

    Oct

CS Credit Suisse
$12.83

-0.28 (-2.14%)

06/27/16
JPMS
06/27/16
DOWNGRADE
JPMS
Underweight
Credit Suisse downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Kian Abouhossein downgraded Credit Suisse to Underperform after cutting his estimates for European banks following the Brexit vote.
06/27/16
06/27/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on the today's top five analyst downgrades with this list compiled by The Fly: 1. UBS (UBS) downgraded to Underweight from Neutral by JPMorgan analyst Kian Abouhossein, who cut his estimates for European banks following the Brexit vote. The analyst also downgraded Barclays (BCS) Deustche Bank (DB), Lloyds Banking (LYG) and Credit Suisse (CS) to Neutral from Overweight and RBS (RBS) to Underweight from Neutral. Barclays was also downgraded at Jefferies, BofA/Merrill and Exane BNP Paribas, RBS was also downgraded at RBC Capital, Societe Generale, Jefferies, BofA/Merrill and Exane BNP Paribas and Lloyds was also downgraded at Barclays and BofA/Merrill. 2. Fiat Chrysler (FCAU) downgraded to Buy from Conviction Buy at Goldman by analyst Stefan Burgstaller, who cited slower European volume growth, a weaker North American market outlook in out years and updated currency assumptions following the UK referendum. The analyst cut his price target for the shares to $8 from $12.80. 3. LyondellBasell (LYB) downgraded to Sector Perform from Outperform at RBC Capital by analyst Arun Viswanathan, who sees limited near-term catalysts given soft ethylene and polyethylene momentum and is cautious on the large increase of ethylene capacity in 2017/18 and potentially higher ethane prices, combined with higher capex needs. The analyst cut his price target to $84 from $100. 4. AGCO (AGCO) downgraded to Underweight from Neutral at JPMorgan by analyst Ann Duignan, who cited weakening fundamentals in European agriculture. The company has the greatest exposure to Europe in our Machinery coverage, Duignan told investors in a research note. She cut her price target for the shares to $44 from $47. The analyst this morning also downgraded PACCAR (PCAR) and Parker-Hannifin (PH) to Underweight from Neutral. 5. NXP Semiconductors (NXPI) downgraded to Neutral from Buy at BofA/Merrill by analysts led by Vivek Arya, who lowered his price target to $90 from $100. Analysts lowered estimates given the company's heavy exposure to the Auto segment and industrial/infrastructure segment and likely pressure on top-line growth from Brexit. The analyst is less confidence NXP can grow top line year-over-year in 2016/17 and said the Freescale (FSL) acquisition and shareholder sales creates an overhang. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/28/16
RBCM
06/28/16
DOWNGRADE
RBCM
Sector Perform
Credit Suisse downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Fiona Swaffield downgraded Credit Suisse to Sector Perform with a CHF 12 price target.
07/11/16
BERN
07/11/16
INITIATION
Target $6.13
BERN
Underperform
Credit Suisse initiated with an Underperform at Bernstein
Target $6.13.

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ABB

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CELG

Celgene

$104.82

-1.18 (-1.11%)

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Juno Therapeutics

$45.60

-3.15 (-6.46%)

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Celgene

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JUNO

Juno Therapeutics

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DF

Dean Foods

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0.01 (0.09%)

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AAPL

Apple

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RGC

Regal Entertainment

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Polaris Industries

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  • 30

    Jan

DISH

Dish

$47.99

-1.49 (-3.01%)

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  • 18

    Jan

LBTYA

Liberty Global

$36.56

-0.31 (-0.84%)

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IR

Ingersoll-Rand

$90.26

-0.84 (-0.92%)

, MIELY

Mitsubishi Electric

$36.44

0.035 (0.10%)

05:42
01/17/18
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05:42
Hot Stocks
Ingersoll-Rand, Mitsubishi Electric establish JV for ductless and VRF systems »

Ingersoll-Rand (IR) and…

IR

Ingersoll-Rand

$90.26

-0.84 (-0.92%)

MIELY

Mitsubishi Electric

$36.44

0.035 (0.10%)

03/08/13
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  • 31

    Jan

EGHT

8x8, Inc.

$15.30

0.05 (0.33%)

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05:42
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NVS

Novartis

$86.73

0.08 (0.09%)

05:38
01/17/18
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05:38
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05:38
Hot Stocks
Novartis granted FDA priority review for Kymriah »

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SKX

Skechers

$37.91

-0.64 (-1.66%)

05:38
01/17/18
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WMT

Walmart

$100.69

-0.18 (-0.18%)

05:36
01/17/18
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Hot Stocks
Walmart launches opioid disposal solution »

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  • 20

    Feb

BLL

Ball Corp.

$38.39

0.49 (1.29%)

05:35
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  • 07

    Feb

PBYI

Puma Biotechnology

$90.85

-8.4 (-8.46%)

05:34
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ADTN

Adtran

$19.50

-0.2 (-1.02%)

05:30
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Earnings
Adtran reports Q4 adj. EPS 5c, consensus (4c) »

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PSTG

Pure Storage

$16.16

-0.31 (-1.88%)

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  • 14

    Mar

PSDO

Presidio

$17.74

-0.96 (-5.13%)

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JNPR

Juniper

$28.61

-0.28 (-0.97%)

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  • 30

    Jan

IDTI

Integrated Device

$31.75

-0.54 (-1.67%)

, MRVL

Marvell

$23.58

-0.26 (-1.09%)

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IDTI

Integrated Device

$31.75

-0.54 (-1.67%)

MRVL

Marvell

$23.58

-0.26 (-1.09%)

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  • 29

    Jan

WWR

Westwater Resources

$1.01

-0.0449 (-4.26%)

05:20
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05:20
Hot Stocks
Westwater Resources confirms receipt of $1.5M from Laramide, provides update »

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IBM

IBM

$163.85

0.71 (0.44%)

, AMZN

Amazon.com

$1,304.86

-0.34 (-0.03%)

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IBM upgraded to…

IBM

IBM

$163.85

0.71 (0.44%)

AMZN

Amazon.com

$1,304.86

-0.34 (-0.03%)

MSFT

Microsoft

$88.35

-1.25 (-1.40%)

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HPQ

HP Inc.

$22.88

-0.04 (-0.17%)

05:15
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WPZ

Williams Partners

$43.01

-0.18 (-0.42%)

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WMB

Williams

$32.59

-0.62 (-1.87%)

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