MILAN (Bloomberg) -- Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles NV, picked UBS Group AG to help manage its initial public offering in New York later this year, people with knowledge of the matter told …
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 …
MUMBAI: UBS has upgraded Tech Mahindra to ‘buy’ from ‘sell’ and raised its target price as it expects weaker rupee and pick-up in growth to boost earnings. The brokerage expects cost of revenue additions for Tech Mahindra to remain …
With 2013 in the record books, we continue scanning our Wall Street firms for their top stock picks for 2014. The U.S. equity strategy team at UBS is out with their prognostications for 2014 in a new research report. The firm has a positive …
UBS said Tuesday that it lost $356 million on Facebook's IPO due to Nasdaq's trading glitches during the company's market debut in May -- and it plans to sue the stock exchange for every cent of it. "UBS's loss resulted from …
A rogue trader at UBS AG (NYSE ADR: UBS) lost $2 billion on a series of unauthorized transactions, the bank disclosed yesterday (Thursday) despite internal risk controls designed to prevent such activity. An employee of the London UBS …
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 …
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 …
UBS stock rose sharply on Monday, with investors cheered by the prospect of the bank paying out to shareholders the capital freed up as a result of the overhaul. However, there is still plenty of uncertainty surrounding the plans to wind …
--(BUSINESS WIRE)--UBS Wealth Management Americas and Certent today announced the launch of their Next …