john b. emerson, the u.s. ambassador to germany.credit suisse shares are up despite posting a second straight loss as the bank deepens cuts. we will hear from the ceo, who has been speaking to our very own francine lacqua. the best day for the stock in a month. ♪ guy: 44 minutes into the equity market session. let's talk about what's going on. here's the bloomberg business flash with shery ahn. lower this morning after a cut in profits, to a minimum of 1.4 billion euros. that's compared with previous guidance of 1.6 billion to 1.9 billion. germany's largest steel maker also adjusted earnings before interest and taxes. earlier20% from a year to 326 million euros. that beat analyst estimates of $295.6 million. the cfo told us how this deal glut is impacting the industry. >> clearly, we need to see some price increases, that price increases to reach the 1.6 or 1.9 makeup 1/3 of what we need to get there, so it's not only about price increases. igher. ing shares are hir the dutch lindner says -- the from aender said it slid year earlier