Markets
Credit Suisse Q3 Net Income Surges
Net revenues for the third quarter, however, slid 8 percent to 4.972 billion francs, and adjusted net revenues were down 2 percent to 5 billion francs. But Mr Thiam said the bank's third quarter net profits of Sfr244m (£186m) - the first time the lender has posted three consecutive quarters of profits during his tenure - provided "ample evidence" his strategy was starting to bear fruit. [Full Article...]
Free Subway sandwiches for World Sandwich Day
Members who registered their Subcard account before October 30 will be able to claim their free sandwich . "Last year, our customers helped us make history with the largest single-day donation to Feeding America in its existence - 11 million meals", said Subway® President and CEO Suzanne Greco. [Full Article...]
Multiple People Dead After Shooter Opens Fire in Lower Manhattan: Details
Law enforcement officials told the Times that the man was shot by police after he jumped out of the Home Depot truck with two fake guns. Update 5/31, 5:38 pm: As the NYPD and FBI continues its investigation, "people should go about their business", de Blasio said. [Full Article...]
Marathon Oil Corporation (MRO) Position Raised by Everence Capital Management Inc
The firm earned "Buy" rating on Wednesday, October 18 by Citigroup. BidaskClub upgraded Marathon Oil Corporation from a "strong sell" rating to a "sell" rating in a report on Wednesday, July 5th. Textron had 30 analyst reports since September 2, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Tuesday, October 3 to "Neutral". [Full Article...]
NY terrorist attack: Alleged killer Sayfullo Saipov has NJ ties
Both the NY and Newark FBI's Joint Terrorism Task Forces will be operating 24/7, in conjunction with the NYPD, on the investigation. Mr Saipov, who is actually from Tampa, Florida , remains in police custody in the hospital. Numerous law enforcement officers also were seen at the Passaic Home Depot Tuesday evening. The van was parked near the Home Depot's rental trucks. [Full Article...]
SBI cuts home, auto loan rates by 5bps
For all other borrowers, the bank charges 5 basis points above the rates charged to women borrower. Home loans from India's largest bank are available at 8.30 per cent with effect from November 1 against 8.35 per cent earlier. The RBI past year unveiled the MCLR system, which sought to remove the discretion of commercial banks have to set lending rates. The reduction in marginal cost of funds ... [Full Article...]
Analyst's Viewpoint About INSYS Therapeutics, Inc. (INSY), FireEye, Inc. (FEYE)
FireEye, Inc . (NASDAQ: FEYE ) received a Buy rating from 2 analysts. Furthermore, FireEye's strategy of growing through acquisitions is encouraging. INSYS Therapeutics, Inc. (INSY) have shown a high EPS growth of 16.50% in the last 5 years and has earnings decline of -86.60% yoy. The stock was sold at an average price of $14.19, for a total value of $34,992.54. [Full Article...]
Herndon Capital Management LLC Sold shares of Valero Energy Corp. (VLO)
Wells Fargo & Company restated an "outperform" rating and issued a $87.00 price objective (up from $74.00) on shares of Valero Energy Corporation in a research note on Tuesday, October 17th. JP Morgan maintained the shares of CHRW in report on Thursday, October 12 with "Underweight" rating. The stock of Valero Energy Corporation (NYSE: VLO ) earned "Neutral" rating by Piper Jaffray on Friday, ... [Full Article...]