4 May, 2015 by The TZ Newswire Staff Comments Off on UBS and Credit Suisse could combine investment banks – investor
UBS and Credit Suisse could combine investment banks – investor
Swiss bank UBS (UBSG.VX) could combine its investment banking arm with that of Credit Suisse (CSGN.VX) to create a top player, Eric Knight, head of activist investor Knight Vinke, was quoted as saying in an interview with a Swiss paper on Sunday. Knight Vinke said last month UBS should look at spinning off or merging its investment bank so the group can focus on its wealth and asset management businesses.
4 May, 2015 by The TZ Newswire Staff Comments Off on Boom in Takeovers Is Only the Beginning
Boom in Takeovers Is Only the Beginning
At $1.1 trillion, the value of completed takeovers in the last 12 months represents just over 4 percent of U.S. market capitalization, data compiled by Bloomberg and Credit Suisse Group AG show. Energy companies in the S&P 500 have snapped back more than 5 percent since Royal Dutch Shell Plc agreed to acquire BG Group Plc for $70 billion on April 8.
4 May, 2015 by The TZ Newswire Staff Comments Off on World stocks rise on China stimulus hopes, Wall St. rebound
World stocks rise on China stimulus hopes, Wall St. rebound
World stock markets were mostly higher Monday after Wall Street rebounded and China’s leaders promised to shore up slowing growth. KEEPING SCORE: In early trading, France’s CAC-40 rose 0.1 percent to 5,053.21 …
4 May, 2015 by The TZ Newswire Staff Comments Off on China factory index shows fastest deterioration in a year
China factory index shows fastest deterioration in a year
Chinese manufacturing suffered its sharpest contraction in a year in April, raising pressure on Beijing to roll out new stimulus to keep growth in the world’s No. 2 economy from slipping below the official …
4 May, 2015 by The TZ Newswire Staff Comments Off on Deal or no deal, Greece still faces bankruptcy
Deal or no deal, Greece still faces bankruptcy
Not everyone is convinced a deal can resolve Greece’s looming debt problem.
4 May, 2015 by The TZ Newswire Staff Comments Off on Here’s how we’re monetizing Watson: IBM’s Rometty
Here’s how we’re monetizing Watson: IBM’s Rometty
IBM is already making money on its Watson super computer in areas like health care, but profitability is a long term project, Gina Rometty tells CNBC.
4 May, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stocks: Futures gain ahead of factory orders, Fed speakers
Market Snapshot: U.S. stocks: Futures gain ahead of factory orders, Fed speakers
Stock futures rise ahead of factory order data and a couple of Fed speeches.
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