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Francs News

⿻ 5 results found for 'FRN'.

Earnings preview: 3rd loss seen for Credit Suisse
Credit Suisse Group AG (CSGN.EB) releases its results Wednesday morning, less than a month after Swiss rival UBS Group AG UBS, +0.59% reported a deep loss having taken a hit from the U.S. tax reform. Here's what to look for: PROFIT FORECAST: Analysts expect Credit Suisse to report a fourth-quarter net loss of about 2.25 billion Swiss Francs ($2.39 billion) according to a forecast provided by the... (FRN )
Feb 13
04:02 AM
SNB Shares Continue to Spiral, Touching 6,000 Francs: Chart
The Swiss National Bank's stock just hit an all-time record high of 6,000 francs a share, more than tripling since the start of 2017, though the volume continues to remain low. The SNB is one of a handful of central banks with private shareholders, but their voting rights and the dividend payout are very limited. It is not clear why it's shares spiraled, though economists have speculated that in an environment of very low interest rates, they're being traded as a proxy for government bonds. (FRN )
Jan 26
01:32 AM
Ferrero buys Nestle's U.S. chocolate business
Ferrero International SA, the Italian confectionery maker, muscled further into the North America market, agreeing to pay 2.8 billion Swiss Francs ($2.9 billion) in cash to buy Nestl SA's U.S. chocolate business that includes the Butterfinger and BabyRuth brands. Ferrero beat out Hershey Co. as Nestl, based in Switzerland, carried out a monthslong sales process that also drew interest from several... (FRN )
Jan 16
11:13 AM
Switzerland's Old-Money Problem: One Billion in Expiring Francs
One of the world's most coveted currency notes, the Swiss franc, includes a feature that runs at odds with its reputation as a safe store of value: It has an expiration dateand for some notes, that is fast approaching. (FRN )
03:46 AM
BBVA FRANCS: Bank Posts Net Loss In Q2 After Tax Provision
Argentina's BBVA Francs reported a net loss of 282.9 million pesos (US$ 15.956 million) for the second quarter of 2017, after a 963.258 million pesos profit recorded a year earlier. (FRN )
06:01 AM

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