Foreign Money Center Banks Equities Technical Review - HSBC Holdings, UBS Group, The Royal Bank of Scotland Group, and East West Bancorp
PR Newswire - Thu Jul 07, 7:05AM CDT
On Wednesday, July 06, 2016, the NASDAQ Composite ended the trading session at 4,859.16, up 0.75%; the Dow Jones Industrial Average edged 0.44% higher, to finish at 17,918.62; and the S&P 500 closed at 2,099.73, up 0.54%. The gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: HSBC Holdings PLC (NYSE: HSBC), UBS Group A.G. (NYSE: UBS), The Royal Bank of Scotland Group PLC (NYSE: RBS), and East West Bancorp Inc. (NASDAQ: EWBC). Learn more about these stocks by accessing their free notes at:
EWBC: 35.15 (+0.95), HSBC: 31.54 (+0.46), RBS: 4.87 (+0.15), UBS: 12.82 (+0.31), WTBA: 18.98 (+0.09)
US Pension Fund Fitness Tracker: Funding Ratios Drop 3% in Q2 as Rates Continue to Fall
BusinessWire - Wed Jul 06, 10:15AM CDT
The UBS Asset Management US Pension Fund Fitness Tracker saw the funding ratio of the typical corporate US pension plan drop by approximately three percentage points to 80% in the second quarter of 2016.
UBS: 12.82 (+0.31)
UBS Declares Coupon Payments on Twenty-Three ETRACS Exchange Traded Notes
BusinessWire - Wed Jul 06, 9:00AM CDT
--MLPQ: linked to the Alerian MLP Infrastructure Index
UBS: 12.82 (+0.31)
Downgrade Alert for UBS (UBS)
Comtex SmarTrend(R) - Wed Jul 06, 3:28AM CDT
UBS (NYSE:UBS) was downgraded from Neutral to Underperform at Macquarie today. The stock closed yesterday at $12.36 on volume of 3.2 million shares, above average daily volume of 2.9 million. UBS AG is a wealth management, investment banking, and asset management firm. The Company provides a variety of financial services to individuals, institutions, corporations, governments, and financial intermediaries around the world.
UBS: 12.82 (+0.31)
BofA's Merrill Lynch Agreed to a $415M Settlement with SEC
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 9:15AM CDT
Bank of America's (BAC) Merrill Lynch unit agreed to pay $415 million to the SEC to settle the probe related to breach of the rules designed to protect client accounts.
GS: 156.92 (+4.73), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), UBS: 12.82 (+0.31)
BofA Nears Accord with SEC Over Client Accounts Case
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 4:59PM CDT
Per a Wall Street Journal report, Bank of America (BAC) may shell out $400 to $450 million to settle allegations related to breach of rules designed to protect client accounts.
GS: 156.92 (+4.73), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), UBS: 12.82 (+0.31)
SmarTrend Watching for Potential Pullback in Shares of UBS After 2.39% Gain
Comtex SmarTrend(R) - Tue Jun 21, 4:20PM CDT
UBS (NYSE:UBS) traded in a range yesterday that spanned from a low of $15.36 to a high of $15.50. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $15.26 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
UBS: 12.82 (+0.31)
Major Swiss Banks to Raise More Capital Amid Revised Rules
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 2:56PM CDT
Switzerland's central bank said that UBS Group AG (UBS) and Credit Suisse Group AG (CS) need to raise billions more in order to meet the nation's new capital requirements.
CS: 11.07 (+0.31), UBS: 12.82 (+0.31)
Zacks Industry Outlook Highlights: BBVA Banco Francés, Deutsche Bank, UBS Group, Royal Bank of Canada and Shinhan Financial Group
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 8:30AM CDT
Zacks Industry Outlook Highlights: BBVA Banco Francés, Deutsche Bank, UBS Group, Royal Bank of Canada and Shinhan Financial Group
BFR: 20.28 (-0.11), RY: 60.66 (+1.10), DB: 14.10 (+0.80), UBS: 12.82 (+0.31), SHG: 33.37 (+0.70)
Foreign Money Center Banks Stocks Highlight - UBS Group, HSBC Holdings, The Royal Bank of Scotland Group, and East West Bancorp
PR Newswire - Fri Jun 10, 6:40AM CDT
On Thursday, June 09, 2016, the NASDAQ Composite ended the trading session at 4,958.62, down 0.32%; the Dow Jones Industrial Average edged 0.11% lower to finish at 17,985.19; and the S&P 500 closed at 2,115.48, down 0.17%. ActiveWallSt.com has initiated coverage on the following equities: UBS Group A.G. (NYSE: UBS), HSBC Holdings PLC (NYSE: HSBC), The Royal Bank of Scotland Group PLC (NYSE: RBS), and East West Bancorp Inc. (NASDAQ: EWBC). Learn more about these stocks by accessing their free trade alerts at:
EWBC: 35.15 (+0.95), HSBC: 31.54 (+0.46), RBS: 4.87 (+0.15), UBS: 12.82 (+0.31), WTBA: 18.98 (+0.09)
Upgrade Alert for UBS (UBS)
Comtex SmarTrend(R) - Fri Jun 10, 3:13AM CDT
UBS (NYSE:UBS) was upgraded from Equal Weight to Overweight at Barclays Capital today. The stock closed yesterday at $14.75 on volume of 1.8 million shares, below average daily volume of 2.9 million. In the past 52 weeks, UBS share prices have been bracketed by a low of $14.01 and a high of $23.19 and closed yesterday at $14.75, 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.6%.
UBS: 12.82 (+0.31)
Foreign Banks Stock Outlook - June 2016
Kalyan Nandy - Zacks Investment Research - Thu Jun 09, 4:30PM CDT
Foreign Banks Stock Outlook - June 2016
BCS: 7.95 (+0.28), TD: 43.20 (+0.87), BFR: 20.28 (-0.11), CS: 11.07 (+0.31), RY: 60.66 (+1.10), DB: 14.10 (+0.80), HSBC: 31.54 (+0.46), UBS: 12.82 (+0.31), CM: 75.65 (+0.95), SHG: 33.37 (+0.70)
UBS to Cut Management Jobs, Overhaul U.S. Wealth Unit
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:23AM CDT
UBS Group AG (UBS) is planning to eliminate some management positions in its U.S. wealth-management division and reduce advisor recruitment by 40%
BMO: 64.33 (+0.83), RY: 60.66 (+1.10), UBS: 12.82 (+0.31), CM: 75.65 (+0.95)
UBS Wealth Management Americas Introduces New Operating Model
BusinessWire - Wed Jun 08, 4:30PM CDT
--Follows recent investments in technology and enhanced partnership with UBS's non-US Wealth Management business
UBS: 12.82 (+0.31)
UBS Declares Coupon Payments on Thirteen Monthly Pay ETRACS Exchange Traded Notes
BusinessWire - Fri Jun 03, 9:00AM CDT
--DVYL: linked to the Dow Jones U.S. Select Dividend Index
UBS: 12.82 (+0.31)
BofA's U.S. Trust to Add Advisers & Grow Wealth Management
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:13AM CDT
In a bid to boost wealth management revenue, Bank of America's (BAC) U.S. Trust business is planning to hire over 100 financial advisers.
BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), UBS: 12.82 (+0.31), MS: 27.37 (+0.91)
Canadian Imperial (CM): Q2 Earnings and Revenues Strong
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:14AM CDT
Canadian Imperial Bank of Commerce (CM) reported second-quarter fiscal 2016 earnings (ended Apr 30) on May 26. Adjusted earnings per share came in at C$2.40, up from C$2.28 in the prior-year quarter.
RY: 60.66 (+1.10), RBS: 4.87 (+0.15), UBS: 12.82 (+0.31), CM: 75.65 (+0.95)
Royal Bank of Canada Q2 Earnings and Revenues Up Y/Y
Zacks Equity Research - Zacks Investment Research - Fri May 27, 6:32AM CDT
Royal Bank of Canada (RY) reported second-quarter fiscal 2016 (ended Apr 30) net income of C$2.6 billion ($1.96 billion), up 3% from the prior-year quarter.
RY: 60.66 (+1.10), DB: 14.10 (+0.80), RBS: 4.87 (+0.15), UBS: 12.82 (+0.31)
LIBOR Lawsuits Revived Against 16 Banks, Fines to Follow?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:27AM CDT
A federal appellate panel reinstated the private antitrust lawsuits against 16 banks related to the rigging of LIBOR, indicating no respite for the banks from their past wrongdoings.
BCS: 7.95 (+0.28), JPM: 63.20 (+0.93), CS: 11.07 (+0.31), C: 43.44 (+1.15), HSBC: 31.54 (+0.46), DB: 14.10 (+0.80), BAC: 13.54 (+0.33), UBS: 12.82 (+0.31)
BofA's $1.27B 'Hustle' Penalty Overturned: A Huge Relief
Zacks Equity Research - Zacks Investment Research - Tue May 24, 6:54AM CDT
In a major win for BofA, penalty related to the 'Hustle' lawsuit has been overturned. What does this mean to the bank and other parties related to the case?
MET: 40.76 (+0.98), BAC: 13.54 (+0.33), RBS: 4.87 (+0.15), UBS: 12.82 (+0.31)