CH0244767585 - Common Stock
HSBC and UBS are part of the Zacks Industry Outlook article.
Oil edged higher on Thursday in thin holiday trade.
UBS Group AG is considering reducing its workforce in France amid a weak economy and CS integration.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Relatively lower interest rates and business restructuring initiatives are likely to support Zacks Foreign Banks Industry stocks like HSBC Holdings and UBS Group amid uneven economic growth globally.
Juan Soto's $765 million contract with the New York Mets highlights the unprecedented wealth being created by pro athletes.
Chip stocks surged Monday, led by Broadcom and Advanced Micro Devices following bullish calls from analysts, citing their potential to gain from booming demand for artificial intelligence.
Wall Street is highly optimistic heading into 2025 after a massive market rally. Here are 25 stocks that UBS analysts love most right now.
Swiss business welcomed a new deal to overhaul the country's relationship with the European Union, bringing Christmas cheer to an economy that is set to be one of Europe's most resilient in a challenging 2025. Corporate lobbies, economists and firms say the agreement unveiled on Friday stabilises relations with the bloc - which accounts for over half of Swiss exports - even if it still faces a difficult ratification process involving a likely referendum. "Market access is crucial: European trade is a cornerstone of the Swiss economy," said Samad Sarferaz at the KOF Economic Institute at ETH, a university in Zurich.
Take a look at the top-ranked forecaster for the latest US jobs report and you’ll see Jonathan Pingle of Natixis North America LLC.
On the analyst front, Citi and UBS both described Novo’s readout as favorable for Eli Lilly.
UBS Asset Management’s Kevin Zhao plans to keep working during the holidays this year, hoping that if US Treasuries selloff amid thin trading volumes he’ll be there to buy.
UBS Group AG is looking at enacting job cuts in France in response to the country’s deteriorating outlook and the ongoing combination with Credit Suisse.
(Bloomberg) -- UBS Group AG is looking at enacting job cuts in France in response to the country’s deteriorating outlook and the ongoing combination with Credit Suisse.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Known Modernist Landmark in Buffalo“Due to a less favorable market environment and after t
UBS Group AG opened a credit line to commodity trader 2Rivers, three months before the company was sanctioned by the UK government, which declared it a “lynchpin” of Russian oil flows.
Arch rival UBS stepped in to buy Credit Suisse for a fraction of its value in a government-orchestrated rescue. In June 2023, parliament took the unusual step of forming a committee to probe the official response to the Credit Suisse meltdown. "The (committee) considers Credit Suisse's years of mismanagement to be the cause of the crisis," say the opening lines of a statement accompanying its report, translated from German.
Switzerland on Friday published a long-awaited parliamentary report into last year's collapse of Credit Suisse, an event that called into question the country's reputation for financial stability and prompted far-reaching questions about what went wrong. Following an 18-month inquiry, the parliamentary committee made 30 recommendations and requests it said could help prevent a similar crisis in the future. UBS bought Credit Suisse in an emergency rescue, leaving it as Switzerland's sole globally systemically important bank.
Private equity funds in Europe, even though flush with cash, are thinking twice about buying businesses that could be difficult to sell and carefully working through their exit plans before making more acquisitions, bankers and investors said. In one example, Brookfield walked away from making a binding offer for Spanish waste disposal firm Urbaser due to concerns over exit options, one source familiar with its strategy said. Urbaser owner Platinum Equity did not respond to a request for comment.
The Fed would need to lower interest rates by another 100 basis points for the final ingredient of a bubble to be added to the mix, UBS says.
Micron shares dropped as investors digested weak guidance. Analysts at Bank of America and UBS lowered their prices targets for the stock after earning.
The Fed would need to lower interest rates by another 100 basis points for the final ingredient of a bubble to be added to the mix, UBS says.
Canal+ shares plummeted after UBS Group AG said the stock was fairly valued, bucking the trend of analysts predicting gains following the French television company’s debut in London this week.
Why the high growth investor may take a look at UBS GROUP AG-REG (NYSE:UBS).