The Latest Breaking News from Credit Suisse

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Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Someone with a lot of money to spend has taken a bullish stance on HP (NYSE:HPQ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Investors seeking clarity about the future of Brazil's fiscal policy from 2023 on must wait for the outcome of October's presidential election, said the chief investment officer of Credit Suisse for Latin America.

 

Proposals involve scaling back the investment bank and reducing more than $1bn in costs

Workday, Inc (NASDAQ:WDAY) clocked 21.9% revenue growth in Q2 to $1.54 billion, which beat average analyst estimates. The subscription revenues of $1.37 billion were up 22.8%.  Workday reported EPS of $0.83, which beat average analyst estimates. Workday reported solid 2Q23 results highlighted with an uncertain macro backdrop pressuring sales much less than feared, Needham analyst…

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Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

A whale with a lot of money to spend has taken a noticeably bearish stance on MercadoLibre. Looking at options history for MercadoLibre (NASDAQ:MELI) we detected 23 strange trades.

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth.