Credit Suisse Shares No Longer Fit For New York Listing

[ad_1] Credit Suisse is listed in New York under a “Depositary Shares” scheme. Switzerland: Battered shares in crisis-hit Credit Suisse no longer meet criteria for listing on the New York Stock Exchange, the bank said Wednesday, adding that its upcoming sale to UBS would resolve the issue. “The New York Stock Exchange notified Credit Suisse … Read more

Pharma Giant Merck Acquires Prometheus for Nearly $11 Billion

[ad_1] Last Updated: April 17, 2023, 05:47 IST Merck’s financial results were better than expected in the fourth quarter of 2022 thanks in part to strong sales of its cancer drugs. (Image: Reuters) Prometheus’s share price was at $114.01 when the New York Stock Exchange closed on Friday Pharmaceutical giant Merck announced Sunday the purchase … Read more