UBS downgraded Joy Global (NYSE: JOY) from Neutral to Sell with a price target of $8.00 (prior $9). Analyst Steven Fisher thinks earnings will continued lower as commodity headwinds intensify, and in his view consensus is not reflecting the …
In a new report, “Past the Sweet Spot,” the firm said that equity markets are “unlikely to match the above-normal returns posted during the first quarter,” and recommend that investors take some gains and reinvest in commodities. “We're …
Batten down the hatches, because a Perfect Storm is coming to global stock markets, at least according to the technical analysis team at UBS. A new report from UBS analysts Michael Riesner and Marc Müller highlights that all of the …
NEW YORK (Reuters) - The former chief executive of American International Group Inc, Maurice “Hank” Greenberg, reached a deal to sell most of the shares he holds in the insurer to a unit of Swiss bank UBS. Greenberg’s investment …
In an almost unheard-of action for a Wall Street investment banking firm, UBS downgraded Tesla Motors Inc. (TSLA-$267.39) to a “sell”, driving the price of the shares down 5.5 percent, or -15.49. Such action in favor of the customer’s …
Shares in UBS Group traded lower on 10 February after the lender warned over the impact of the surging Swiss franc and negative interest rates in Switzerland and the eurozone. Shares in UBS were down 3.35% by 09:55 CET in Zurich, after …
(RTTNews) - Shares of UBS Group AG (UBS) were gaining around 2 percent in the morning trading after the Swiss banking giant reported Friday higher profit in its third quarter on the back of improved Global wealth management performance. …
Philippine investors have a knack for making money whenever the nation elects a new president—and history will repeat itself this year, the UBS AG says. Investors should buy retail and infrastructure stocks to catch a post-election rally …
The deals that Big Finance was cranking out for years were often ridiculously large and unsustainable and so were the bonus payouts. Many of these organizations have shifted a lot of pay over to stock so that the deal makers are more …