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US Stock Futures Lower Following Friday’s Rally; Tesla In Focus

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Monday after recording sharp gains in the previous session. The Dow Jones jumped by around 750 points on Friday. All the three major indices recorded their best week since June, with the S&P 500 and Dow adding 4.7% and 4.9%, respectively last week.

AVEO

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Credit Suisse Group Reaches Settlement in French Legacy Case; Fine Comprising a Profit Disgorgement of €65.6M, Payment of Additional €57.4Ml; €115M to French State

Credit Suisse announces today that it has reached a settlement with the Parquet National Financier (PNF) to resolve a legacy matter in relation to an investigation into historical cross-border private-banking services. The settlement provides for a public interest fine comprising a profit disgorgement of EUR 65.6 million and the payment of an additional amount of EUR 57.4 million.

CS

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3 Double-Digit Yielding Stocks This Hedge Funder Is Trading, With 1 Reporting Record Net Income

Oaktree Capital Management, a hedge fund with at least $159 billion in assets under management, utilizes a diversified mix of global investment strategies in four categories: credit, private equity, real assets, and listed

CHK

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US Stock Futures Signal Lower Start On Wall Street; Verizon, American Express Earnings In Focus

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after closing lower in the previous session. The Dow Jones dropped by 90 points on Thursday. US initial jobless claims declined by 12,000 to 214,000 in the week ending October 15th, compared to market estimates of 230,000.

AXP