Tag: UBS

Enterprise, Industries

Deal for UBS to buy Credit Suisse sends shares tumbling

March 20, 2023

Via: ABC News

Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global […]

Financial Services, Industries

UBS Q3 Profit Rises, Plans Buyback; Stock Up

October 26, 2021

Via: Markets Insider

Shares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up […]


Stocks making the biggest moves midday: Tesla, Crocs, UBS & more

April 27, 2021


Tesla — Shares of the electric vehicle company slipped nearly 2%, despite headline beats on earnings and revenue for Tesla’s first quarter. The company’s net profit was boosted by regulatory credits and a $101 million benefit from selling bitcoin. CEO […]

Finance Tech, Liquidity

Good data or not, UBS still expects a half-point rate cut

July 15, 2019

Via: Market Watch

The U.S. may have added 224,000 nonfarm jobs in June, and core inflation may have climbed by the fastest amount in more than a year. Economists at UBS still anticipate a half-point cut from the Fed at the upcoming Federal […]

Financial Services, Industries

Deutsche Bank shares hit record low as UBS downgrades stock to ‘sell’

May 20, 2019


Shares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a “sell” rating from “neutral.” Pointing to tough external events and the low interest rate environment, UBS slashed its price […]

Finance Tech, News, Trading

Trump’s trade war is heating up – here are 11 stocks UBS says to avoid

March 14, 2018

Via: Business Insider

Fears of a global trade war have been ratcheted up in recent days amid warnings from China that it won’t take President Donald Trump’s newly proposed tariffs lying down. Earlier in March, the nation said it will respond in kind […]


A hidden risk is lurking under the surface of the economy – and income inequality is to blame

February 23, 2018

Via: Business Insider

Amid all of the US market’s recent turbulence, one running narrative has remained largely unchanged: The economy is still in great shape, despite whatever else is going on. UBS disagrees. It argues that beneath the seemingly stable veneer of the […]