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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:41 EDTUBSUBS downgraded to Neutral from Outperform at Credit Suisse
News For UBS 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

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