Credit Suisse ( CS) is trending after reporting its first-quarter earnings. The Swiss bank reported a 96% drop in profit after booking 1.5 billion Swiss francs in debt charges. The company posted a net profit of 44 million Swiss francs, down from 1.13 billion francs a year ago, but still beating the forecast of a 436 million franc loss.The company's sale of its stake in Aberdeen Asset Management helped offset the debt charges by 178 million francs. The company, which is currently shedding 7% of its workforce, said it doesn't expect any further job cuts. The bank said it is ahead of its cost-cutting target by 1.2 billion francs. Credit Suisse said it was "encouraged" by the first-quarter performance overall.
Nintendo 3DS is another popular search. Nintendo announced a sequel to "Super Mario Bros." for the 3DS device that will launch in August. The sequel will be targeted for on-the-go gaming, and is said to be a side-scrolling adventure game. It will hit both the U.S. and Japan this summer. Before the game hits, 3DS users will be able to update their systems Wednesday, April 25. The system update will give users new available functions on the device. Nintendo also announced recently that a Kirby anniversary title will also launch later in 2012.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.