UBS AG's market strategists in the United States have become bearish on the stock market rally. 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 …
UBS Global Asset Management announces the listing of four ETFs on the London Stock Exchange. The funds track the Dow Jones Global Select Dividend and MSCI Emerging Markets SRI indices as well as the MSCI USA index (with …
Shares of Biogen Inc. ran up 3.9% in afternoon trade Monday, to turn positive on the year, after UBS backed away from its bearish rating on the belief valuation may have bottomed. Analyst Carter Gould raised his rating to neutral from sell and …
But while UBS may be an outlier, a roundup of 47 analysts by Yahoo Finance shows just one rating the stock a sell, ten rating it a hold and 36 calling it either a buy or strong buy. Ben Lovejoy is a British technology writer and EU Editor for …
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 …
UBS analyst Jonathan Golub and his team are out with note Thursday saying that the market’s consensus expectations for first-quarter earnings are too conservative vesus the strength of the economic recovery in the U.S. “As a result, we …
(RTTNews) - Shares of UBS Group AG (UBS) were gaining around 4 percent in the early morning trading after the Swiss banking giant reported Friday significantly higher profit in its first quarter, despite weakness in net interest income. The …
UBS's Chinese asset management subsidiary has been granted a license to manage money for institutions and wealthy investors onshore in China, part of the Swiss bank's efforts to stock up on local licenses. A UBS advertisement is …
will give clients access to more liquidity in interlisted stocks as well as better price settlement options through UBS’s vast foreign exchange network, the bank said. Traders will also have the ability to track stock volumes on Canadian and …
UBS' hedge fund unit will lay off more than one-third of its equity long/short team. UBS O'Connor plans to slash 16 positions from the fundamental long/short team, which currently employs 46 of its 80 employees. Most of the layoffs …