Latin American airline profits came in for a hard landing last year as the region’s economic woes grounded would-be passengers. Brazil-based Gol Linhas Aéreas posted a record-breaking loss of more than R$4.4 billion for the year, while Chile’s LATAM airlines reported a loss of US$219 million of its own. But this year promises loftier profits for the industry. And the prognosis is as simple as they come: As macroeconomic conditions improve across the region, Credit Suisse says...
Read More »What to Make of the Japanese Market
What’s next for Japanese corporate earnings? Well, that depends. Consider the April-to-June Japanese earnings season, which can be considered a pleasant surprise or a bleak portend based on which numbers you choose to accentuate. Where you stand on Japan depends on where you sit. The quarter was a winner in terms of performance relative to past expectations. Japanese companies beat consensus estimates for both operating and net profits by 11 percent, and twice as many companies beat...
Read More »Join us in the 3rd Credit Suisse High-Tech Forum in Tel Aviv on September 20, 2016
The “High-Tech Forum” is an exclusive platform bringing together innovative Israeli high-tech entrepreneurs, selected investors and designated high-tech experts from Israel and the global Credit Suisse network to exchange thought and facilitate introductions. #hightechIsrael Connect with us on: LinkedIn: http://www.linkedin.com/companies/cre... Twitter: http://www.twitter.com/creditsuisse Facebook: http://www.facebook.com/creditsuisse
Read More »Following-Up With CodeMonkey, Winner of The 2015 Credit Suisse Pitching Ring Award Win
Yishai Pinchover, VP Business Development CodeMonkey Studios and winner of the 2015 Start-up Pitching Ring Award tells us about his participation at the NOAH Conference in Berlin, June 8-9, 2016, together with Doron Averbuch, CEO of Credit Suisse Israel. This invitation to NOAH was part of the one year Credit Suisse scholarship award won at the Credit Suisse High-Tech Forum in Tel Aviv on October 21, 2015. #hightechIsrael To find out more about the Credit Suisse High-Tech Forum:...
Read More »A Rig-Driven Rally for Oilfield Services
Does the recent stabilization in oil prices portend better times ahead for energy companies? Investors in oilfield services companies (OFS), which provide equipment and support to exploration and production companies, certainly think so, as evidenced by the fact that the stocks of several such companies up by double-digit percentages this year. Can the rally continue? Equity strategists from Credit Suisse’s Global Markets team think so. Why? The answer lies in a single number:...
Read More »Optimism for Equities
Global equities have had quite the comeback since the Brexit referendum. After plummeting more than 5 percent in the two trading days following the surprise “Leave” result of the June 23 referendum, the S&P 500 took just ten days to reach a new all-time high. The Euro Stoxx 50 and MSCI All-Country World Index have likewise climbed, with both up more than 10 percent from their post-Brexit troughs. Can the rally continue? Equity strategists on Credit Suisse’s Global Markets team...
Read More »Credit Suisse 7th Annual China Investment Conference – Innovative China
This year our conference moves to China’s hub of innovation, Shenzhen. We will explore sectors including fintech, driverless vehicles, robotics, O2O, artificial intelligence, cloud computing, new medicine and new energy. With over 160 Corporates and 60 speakers, our three day conference shouldn’t be missed. Visit our website: https://www.credit-suisse.com Connect with us on: LinkedIn: http://www.linkedin.com/companies/cre... Twitter: http://www.twitter.com/creditsuisse Facebook:...
Read More »Europe’s New M&A Patron: China
It’s not shaping up to be a banner year for mergers and acquisitions in Europe. Deal value totaled about $400 billion as of July 26 and is on track to reach $800 billion by year-end, which will put it some $200 billion short of last year. And parts of the horizon beyond that aren’t exactly compelling, either: A Credit Suisse survey of European executives shortly after the U.K.’s June vote to leave the European Union found that the Brexit shock had already made business leaders more...
Read More »A Blueprint for Brazil’s Fiscal Reforms
It went down to the wire, but the stadiums are complete, the brand-new metro line is up and running, and the 2016 Olympic Games in Rio de Janeiro are officially underway. When it comes to the Brazilian economy, on the other hand, there is still more work to be done. While there has been some progress in resolving the political uncertainty dogging the country, the fiscal consolidation that needs to happen for the sake of Brazil’s longer-term economic health still seems to be far off....
Read More »Gusto for Gold Mines
It’s been a good year for gold. Gold spot prices hit $1,360 per ounce in early August, up 28% percent since the beginning of the year, buoyed by low interest rates and more recently, demand from investors seeking a safe haven from Brexit-related economic uncertainty. But for equities-minded investors, it’s worth considering the miners behind the metal. Gains by gold mining stocks have outpaced those of gold prices, with the NYSE Arca Gold Miners Index up more than 125% percent...
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