Mass. police arrest woman for hiding 19 bags of crack cocaine in her braAugust 19th, 2009 Police: Mass. woman hid 19 bags of crack in braQUINCY, Mass.
Credit Suisse says new AIG chief Benmosche stepping down from bank's board after 7 yearsAugust 10th, 2009 New AIG chief leaves Credit Suisse boardZURICH —Robert Benmosche, who starts this week as the new president and CEO of American International Group Inc., has stepped down from Credit Suisse Group's board with immediate effect, the Swiss bank said Monday. The former chairman and chief executive of insurance company MetLife Inc.
Perrigo falls after analyst cuts rating to 'Neutral,' as shares are up 50 percent from lowsJuly 28th, 2009 Perrigo slips following Credit Suisse downgradeNEW YORK — Perrigo Co. shares dipped Tuesday after a Credit Suisse analyst downgraded the drugmaker's shares to "Neutral" from "Outperform."
Perrigo stock set an annual low of $18.54 on March 2, and as of Monday's closing price, is up 52.6 percent since that time.
Swiss bank Credit Suisse reports 29 percent rise in Q2 net profit to 1.6 billion francsJuly 23rd, 2009 Credit Suisse reports 29 percent rise in Q2 profitZURICH — Swiss bank Credit Suisse Group on Thursday reported a 29 percent increase in second quarter net profit after a strong performance in its investment banking unit drove up core revenues. The net profit of 1.57 billion Swiss francs ($1.41 billion) compared with 1.22 billion francs in the same quarter last year and matched most analysts' expectations.
Swiss bank Credit Suisse reports 29 percent rise in second quarter net profit to $1.41 billionJuly 23rd, 2009 Credit Suisse reports 29 percent rise in 2Q profitZURICH — Swiss bank Credit Suisse Group on Thursday reported a 29 percent increase in second quarter net profit after a strong performance in its investment unit drove up core revenues. The net profit of 1.57 billion Swiss francs ($1.41 billion) compared with 1.22 billion francs in the same quarter last year and matched most analysts' expectations.
Swiss bank Credit Suisse reports 29 percent rise in 2Q net profit to $1.41 billionJuly 23rd, 2009 Credit Suisse reports $1.41 billion 2ndQ profitZURICH — Swiss bank Credit Suisse Group has reported a 29 percent rise in second-quarter net profit to 1.57 billion francs ($1.41 billion). The bank says the results include one-time charges, legal costs and tax benefits.
Amy Winehouse, Blake Fielder-Civil granted divorce by a judge in LondonJuly 16th, 2009 Amy Winehouse, Blake Fielder-Civil granted divorceLONDON — Amy Winehouse and Blake Fielder-Civil have been granted a divorce by a judge in London. The judge approved the divorce decree for "Fielder-Civil B.
Huntsman announces $1.7 billion legal settlement, ending dispute with banks over buyoutJune 23rd, 2009 Huntsman announces legal settlement with banksTHE WOODLANDS, Texas — Chemicals maker Huntsman Corp. says it has reached a $1.7 billion settlement with two banks over its accusation they schemed to scuttle a $6.5 billion buyout of the chemicals maker last year.
Feds: Disgraced exec and wife divorcing in Conn. to avoid paying $3.2 billion in restitutionJune 18th, 2009 Feds: Exec's divorce a ploy to dodge $3.2B payoutBRIDGEPORT, Conn. — Federal prosecutors in Connecticut say a former executive involved in a major accounting scandal is trying to divorce his wife to get out of paying $3.2 billion in restitution.
Bankruptcy judge says Swiss bank's bid for posh Mont. club must include $42M in debt paymentMay 13th, 2009 To buy Mont. club, Swiss bank must repay $42M debtHELENA, Mont.
Federal bankruptcy judge says Credit Suisse loan to Yellowstone Club was predatoryMay 12th, 2009 Judge says loan to Yellowstone Club was predatoryHELENA, Mont. — A federal bankruptcy judge has ruled that a $375 million loan made by Credit Suisse to a Montana resort for the ultrarich was predatory and should be subordinated to other debts.
Financial giant Credit Suisse defends its $375M loan to Montana's fancy Yellowstone ClubMay 9th, 2009 Credit Suisse defends $375M loan to Montana resortMISSOULA, Mont. — Financial giant Credit Suisse is defending its $375 million loan to a now-bankrupt Montana resort for the rich, saying it was a legitimate transaction that reflected standard lending practices at the time.
Expert: $375M loan to exclusive Yellowstone Club in Montana was based on faulty projectionsMay 4th, 2009 Expert: Club's loan based on faulty projectionsMISSOULA, Mont. — A real estate expert says a $375 million loan to the Yellowstone Club before it sought bankruptcy protection was based on faulty assumptions that sales at the exclusive Montana club would be brisk.
Swiss banking giant Credit Suisse reports 1st quarter net profit of $1.72 billionApril 23rd, 2009 Credit Suisse reports 1Q net profit of 2B francsZURICH — Swiss banking giant Credit Suisse on Thursday reported a first-quarter net profit of 2 billion Swiss francs ($1.72 billion), following a turnaround in its investment bank, which had previously been hit hard by the credit crunch. The figure was better than analysts' expectations for a net profit of up to 1 billion francs and compared with a net loss of 2.15 billion francs in the same quarter last year.
Credit Suisse reports 1st quarter net profit of 2 billion Swiss francsApril 23rd, 2009 Credit Suisse reports Q1 net profit of 2B francsZURICH — Swiss banking giant Credit Suisse on Thursday reported a first-quarter net profit of 2 billion Swiss francs ($1.72 billion), following a turnaround in its investment bank, which had previously been hit hard by the credit crunch. The figure was better than analysts' expectations for a net profit of up to 1 billion francs and compared with a net loss of 2.15 billion francs in the same quarter last year.