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Considerable Movers: Credit Suisse Group AG (NYSE:CS), Eagle Materials Inc. (NYSE:EXP), SunTrust Banks, Inc. (NYSE:STI)

Considerable Movers: Credit Suisse Group AG (NYSE:CS), Eagle Materials Inc. (NYSE:EXP), SunTrust Banks, Inc. (NYSE:STI)
Written by
Ryan Mitchell
Published on
October 20, 2014
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Credit Suisse Group AG (NYSE:CS) reported that Helman Sitohang will suppose the role Chief executive Officer of Asia Pacific. Jim Amine and Tim O'Hara have been hired to the Executive Board as well as will join Gaël de Boissard to head the Investment Banking Division. Eric Varvel has decided to step down from the Executive Board as well as assume the role of Chairman Asia Pacific and Middle East Regions. Credit Suisse Group AG (NYSE:CS) stock hit highest price at $25.75, beginning with a price of $25.49 and reported a gain of 1.67% to the closed at $25.60 with a day range of $25.40-$25.75. The total market capitalization remained 40.959 Billion, total volume of 1.01 Million shares held in the session was surprisingly higher than its average volume of 1101.19 shares.Eagle Materials, Inc. (EXP) has decided to purchase CRS Proppants LLC and its units, comprising Great Northern Sand LLC, an established supplier of high-quality northern-white frac-sand to the energy industry. Subject to adjustments for working capital along with other items, the cash release price of about $225M would be funded by operating cash flow and borrowings under Eagle's bank credit facility. Eagle Materials Inc. (NYSE:EXP) stock has highest price of $90.00 in last session, beginning with a price of $90.00 and reported an advance of 2.76% to the closed at $87.77 with a day range of $87.06-$90.00. The stock is going forward its 52-week low with 25.22% and moving down from its 52 week high price with -16.88%.SunTrust Banks, Inc. (NYSE:STI) released that its third-quarter 2014 net income accessible to common shareholders surged to $563M\ or $1.06 a share, from $179M or $0.33 per share in the similar quarter previous year. Excluding certain items, EPS for the quarter were $0.81 compared to $0.66 last year. Shares of SunTrust Banks, Inc. (NYSE:STI) traded at $35.84 by moving up 2.58% with price volatility of 2.72% for a week and 1.87% for a month. Its beta stands at 1.56 times.

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