Best Idea Credit Suisse Disappoints
Narrow-moat Best Idea Credit Suisse reported third-quarter pretax profits of CHF 0.7 billion. This represents a 68% year-on-year increase and it was in line with consensus expectations for the quarter but below our expectations. Restructuring charges continue to be higher than we anticipated and the low-interest-rate environment continues to place pressure on net interest income. We cut our estimates for the full-year by 10%. We believe our long-term investment case remains intact and we maintai...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.