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CREDIT SUISSE GROUP AG : Barclays keeps its Buy rating

Message : Required fields Analyst Amit Goel from Barclays research considers the stock attractive and recommends it with a Buy rating. The target price is decreased from CHF 14 to CHF 12. © MarketScreener with dpa-AFX Analyser 2021 All news about CREDIT SUISSE GROUP AG 05:29a

Investors Look for Answers From Credit Suisse Earnings After Archegos and Greensill Sagas

Several U.S. banks which also served as prime brokers to Archegos managed to exit their trading positions after the hedge fund failed to meet margin calls, and have since produced some eye-catching first-quarter profit beats. Credit Suisse has pointed out that aside from the Archegos and Greensill sagas, it was on course for its strongest underlying quarter for a decade in terms of financial performance. However, investors will be looking for answers from the bank as to the extent of its exposure to Archegos and Greensill and whether further hits can be expected in the second quarter. Questions unlikely to be answered

Trillium Renewable Chemicals to accelerate commercialization of feedstock-based chemical technology

Photo Credit: Trillium Renewable Chemicals Capricorn Partners (Leuven, Belgium) and Southern Research (Birmingham, Ala., U.S.) have jointly created a new Alabama-based startup company Trillium Renewable Chemicals (Birmingham). Southern Research has exclusively licensed its patented chemical manufacturing platform to Trillium to accelerate commercial development of this new technology. According to both companies, the majority of the more than 350,000 chemical products in circulation are currently made from oil or natural gas. However, bolstered by scientific advances, changing consumer preferences and regulatory pressures, a growing number of chemicals will be made from renewable feedstocks in the future. Trillium Renewable Chemicals is poised to address this fast-growing market segment through commercialization of the technology invented by Southern Research. The technology converts renewable feedstocks, such as sugar or glycerol to chemical products like acrylonitrile, propyl

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