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.

Property developer and construction concern Lend Lease Corp. (LLC.AU) said Wednesday it is part of a consortium selected by Queensland Health to build the A$2 billion Sunshine Coast University Hospital.

Credit Suisse Group (CS) said Wednesday its second-quarter net profit rose 3.6% from a year earlier, and it is planning to increase its capital by 15.3 billion Swiss francs ($15.6 billion).

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.

Philippine conglomerate Ayala Corp. (AC.PH), whose existing investments are mainly in the property, telecom, financial services and water distribution sectors, said Wednesday it will spend up to $1 billion over the next five years investing in the country's infrastructure and power industries.

India's Jindal Steel & Power Ltd. (532286.BY) is close to buying a controlling stake in Canadian coal mine owner CIC Energy Corp. (ELC.T), the Economic Times daily reported Wednesday, citing people close to the development.

Roy Oswalt baffled Oakland's batters to beat the Athletics for the first time, and Josh Hamilton and Adrian Beltre each hit solo home runs in the Texas Rangers' 6-1 victory Tuesday night.

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