Credit Suisse Places CHF3.8 Billion In 4% Convertible Securities
Credit Suisse Group (CS) Wednesday said it placed 3.8 billion Swiss francs of 4% Subordinated Mandatory and Contingent Convertible Securities ("MACCS"), which are mandatorily convertible into 233.5 million shares at a conversion price of CHF16.29 per share on March 29, 2013.
Swedbank 2Q Net Profit Drops, Sees Risk Of European Recession
Swedish lender Swedbank AB (SWED-A.SK) Wednesday said the macroeconomic outlook remains uncertain with a risk of recession in Europe as it reported a drop in second-quarter net profit, driven by higher loan losses following big reversals last year.
Wood struggles as Marlins beat Cubs 9-5 in Guillen's return to Chicago
Travis Wood was sailing along. Then, in a flash, that changed. Carlos Lee hit a grand slam and the Miami Marlins beat the Cubs 9-5 on Tuesday night, giving Ozzie Guillen a win in his first game back managing in Chicago. "Everything just kind of hit the fan," Wood said. "It happened quick." Wood got