Credit Suisse's Revival Gathers Pace as Restructuring Bears Fruit 
 

Credit Suisse reported its strongest quarterly profit in more than three years aided by its global markets and wealth management units, suggesting the Swiss bank's three-year restructuring is starting to pay off.

 
SoftBank to Invest $1 Billion in Payments Firm Wirecard 
 

Japan's SoftBank Group plans to invest about $1 billion in Wirecard, forging a partnership that allows SoftBank to take a minority stake in the German payments company.

 
Nissan Issues Second Profit Warning Amid Falling Sales 
 

Nissan Motor Co. issued its second profit warning for the year ended March 31 as it continues to struggle with falling sales, particularly in the U.S. and Europe.

 
Novartis Shares Gain on Guidance Hike 
 

Shares in Novartis rose in early trading, on track to regain lost ground after the Alcon spin-off earlier this month, after the Swiss drug giant raised its 2019 core operating income growth guidance on strong first-quarter sales.

 
SAP Upbeat on Outlook on Cloud Growth 
 

Germany's SAP raised its growth outlook after it posted a rise in first-quarter operating profit on a strong cloud performance.

 
Sonder Poised to Become Airbnb's Billion-Dollar Competitor 
 

The operator of a rentals marketplace for travelers is close to completing an investment round that will value the company at about $1 billion, according to people familiar with the matter.

 
ARA Asset Plans Singapore IPO of U.S. Hotel Assets 
 

Warburg Pincus LLC-backed ARA Asset Management Ltd. will start taking orders from investors Wednesday for an initial public offering in Singapore of its U.S. hotel assets that could raise as much as $450 million, a person with knowledge of the deal said.

 
CBS Suspends CEO Search, Extends Ianniello as Acting Chief Until Year-End 
 

CBS said it suspended its search for a new chief executive, extending the employment of acting CEO Joe Ianniello through the end of the year.

 
Google Wins First FAA Approval for Regular Drone Delivery of Consumer Items 
 

Wing Aviation, a unit of Alphabet's Google, received the first U.S. authorization to operate a fleet of consumer delivery drones-a move that could jump-start various companies' commercial drone services nationwide.

 
EBay Lifts Guidance as Revenue, Number of Buyers Rise 
 

EBay raised its revenue and profit outlook after posting stronger-than-expected results in its first quarter, sending shares up 5% in after-hours trading.

 
 

(END) Dow Jones Newswires

April 24, 2019 05:15 ET (09:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.