UBS said on Thursday that a rogue trader in its investment bank ... In one such area, index arbitrage, traders try to capitalize on slight differences in the price of stock indexes and index futures. Analysts have offered conflicting theories …
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 …
UPDATE: Tesla Motors' shares closed down 5.49 percent to $266.77 on Tuesday. Original story begins here: Tesla Motors Inc. (Nasdaq:TSLA) shares hit their second-highest price on record this week, but a prominent Wall Street analyst says …
Tesla’s stock price has officially gone into “ludicrous” mode. At least that’s the message from UBS, which is urging investors to slam the brakes on Tesla. The investment bank slapped a rare “sell” rating on the Elon Musk company on …
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 …
BANGALORE, Dec 13 (Reuters) - Second-quarter trends at Nike Inc (NKE.N) are better than expected, and the No. 1 player in the athletic shoe and clothing market is seeing strong orders at key global markets, UBS said, upgrading the …
--(BUSINESS WIRE)--UBS Wealth Management Americas and Certent today announced the launch of their Next
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 …
(CNN)-- A rogue trader has cost UBS an estimated $2 billion ... Shares in UBS were down 11% on the U.S. stock exchange at midday trading, though, even as European markets closed higher Thursday. Police arrested a man on …
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NEW YORK (Reuters) - Stock offerings in Brazil are likely to increase by about 20 percent in number and in amount of money raised this year from a record 2006, the head of equity underwriting at UBS said on Monday. A downturn three …