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Credit Suisse had its best quarter in three years, cementing the case for CEO Tidjane Thiam's turnaround plans and possibly muting calls from activist shareholders to break up the Swiss investment bank.
U.S. stock futures point to further losses for Wall Street and global stocks slump on Wednesday; Facebook, Boeing and AMD report earnings; Takeda sweetens offer for Shire.
Global stocks are on the defensive Wednesday, pulling U.S. futures and European shares lower, as investor re-set expectations for corporate profits in the face of rising investment and input costs.