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Vice President/General Manager tvnewscheck.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvnewscheck.com Daily Mail and Mail on Sunday newspapers.
The shares of Credit Suisse Group AG (NYSE: CS) dropped in early trade in Switzerland on Thursday, even as the company surprised with a significant annual profit for the financial year 2019.
What Happened
Credit Suisse reported a net profit of $3.5 billion, up 69% from the $2 billion net. Read More.
On a per-share basis, the Irving, Texas-based company said it had net income of $4.42.
The television broadcaster posted revenue of $1.11 billion in the period.
Nexstar shares have risen 36% since the beginning of the year. The stock has more than doubled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NXST at https://www.zacks.com/ap/NXST