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Stock Market & Financial Investment News

News Breaks
March 2, 2014
14:04 EDTBUD, UBSUBS, AB InBev look good, Barron's says
After their respective restructuring and reviving their businesses, UBS (UBS) and Anheuser-Busch InBev (BUD) look like good bets as Europe recovers, Barron's contends in its International Trader - Europe column. Reference Link
News For UBS;BUD From The Last 14 Days
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July 27, 2015
06:44 EDTUBSUBS says U.S.-based brokerage business not for sale, Reuters reports
UBS CEO Sergio Ermotti told analysts following the company's Q2 results that its U.S-based brokerage business, which posted a 6% decline in Q2 profit before tax, is not up for sale, Reuters reports. UBS formed the unit when it bought PaineWebber in 2000, and Ermotti says the unit is "critical" to the bank's overall private banking strategy. Reference Link
05:49 EDTUBSUBS reports Q2 EPS CHF 0.32 vs. CHF 0.21 last year
Reports Q2 adjusted profit before tax CHF 1.6B. Reports Q2 CET1 capital ratio 14.4%. Reports Q2 total book value per share CHF 13.71.
July 26, 2015
20:42 EDTUBSUBS to report 25% growth in Q2 profits, Reuters says
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July 24, 2015
06:25 EDTUBSUBS steps back from Puerto Rico bond funds, Reuters reports
UBS is backing away from its Puerto Rico bond funds, telling clients that they can no longer use them as collateral for some loans after Puerto Rico's financial troubles resulted in major credit agency downgrades, Reuters reports, citing a July 13 letter to clients. UBS' Puerto Rico unit said it will contact investors to discuss alternative options, the report says. Reference Link
July 21, 2015
10:01 EDTBUDOn The Fly: Analyst Initiation Summary
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10:01 EDTBUDOn The Fly: Analyst Downgrade Summary
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05:26 EDTBUDAB InBev downgraded to Neutral from Buy at Nomura
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July 20, 2015
16:43 EDTBUDAB InBev initiated with a Buy at Sterne Agee CRT
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11:33 EDTBUDAB InBev downgraded to Neutral from Buy at Nomura

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