‘Like horse trading’: Credit Suisse retail investors challenge UBS takeover Fresh legal claim planned by group of almost 1,000 shareholders to rushed rescue in March The Guardian - UK · Aug 13, 2023
UBS ends billions in taxpayer-funded support that paved way for Credit Suisse takeover Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS, the country’s largest bank, take over its ailing rival Credit Suisse The Independent UK · Aug 11, 2023
Over $200 billion of Apple's market cap has been vaporized since Thursday. Here's what's going on “The gravity of a challenging smartphone market particularly in developed regions that should continue…is a headwind for the stock,” UBS analyst David Vogt said. Fortune · Aug 7, 2023
Stocks Gain on Positive Q2 Earnings Results What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. Stocks this morning are moderately higher on optimism that... Barchart · Aug 7, 2023
Markets Today: Stocks Push Higher on Earnings Optimism Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.28%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.41%. Stock indexes this morning are moderately higher on optimism that Q2 corporate earnings results will continue to outperform. M&A activity also boosted stocks after Campbell... Barchart · Aug 7, 2023
Pickleball injuries spike as popularity rises Medical costs for pickleball-related injuries are expected to reach $250 million to $500 million this year, according to investment banking company UBS. Chicago Sun-Times · Aug 4, 2023
Looking for a new car? Don’t expect prices to drop just yet Electric vehicles have seen price cuts, but so far the trend has stayed within that small segment of the market. Chicago Sun-Times · Jul 27, 2023
Tough Crowd: Nearly 6 Million Q2 Subscription Adds Not Enough For Unhappy Netflix Investors, Stock Craters Netflix stock was down over 9% during Thursday Nasdaq trading Broadcasting & Cable · Jul 20, 2023
Big growth plans for the world’s smallest gelateria ‘The first 500 machines delivered from China were built upside down’ Evening Standard · Jul 18, 2023
Stocks Fall Back as Inflation Expectations Climb What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. Stocks Friday initially moved higher, with the S&P 500... Barchart · Jul 14, 2023
Stocks Mixed After Positive Q2 Bank Earnings What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.11%. Stocks today are mixed this afternoon. Earlier this morning... Barchart · Jul 14, 2023
Stocks Post Moderate Gains on Positive Q2 Bank Earnings What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.91%. Stocks today extended this week’s rally, with the S&P... Barchart · Jul 14, 2023
Markets Today: Stocks Push Higher as Positive Q2 Bank Earnings Roll In Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.17% at a 15-month high, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.06%. U.S. stock index futures this morning are moving higher as Q2 corporate earnings results begin to roll in. Strength in bank... Barchart · Jul 14, 2023
Stock Index Futures Move Lower as Investors Cautiously Await U.S. Big Bank Earnings September S&P 500 futures (ESU23) are down -0.08%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.06% this morning after three major U.S. benchmark indices closed higher on Thursday as economic data provided more evidence that inflationary pressures were subsiding, while market participants braced for earnings from big U.S.… Barchart · Jul 14, 2023
Barchart · Jul 14, 2023 Stock Index Futures Mixed as Investors Cautiously Await U.S. Big Bank Earnings September S&P 500 futures (ESU23) are up +0.05%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.07% this morning after three major U.S. benchmark indices closed higher on Thursday as economic data provided more evidence that inflationary pressures were subsiding, while market participants braced for earnings from big U.S.…
Zenger · Jul 4, 2023 Swiss Taxpayers Spared From Funding UBS’ Rescue Of Credit Suisse UBS to handle potential losses of CHF 5 billion, Swiss government to cover next CHF 9 billion.
The Week · Jun 29, 2023 Pickleball: obscure sport ‘will be bigger than golf in 5 years’ A cross between tennis, badminton and table tennis, pickleball has surged in popularity with the over 65s in the United States – and could soon be seen across the UK.
The Guardian - UK · Jun 28, 2023 UBS ‘preparing to cut more than half of inherited Credit Suisse workforce’ Between 30,000 and 35,000 staff likely to leave combined group this year, according to report
Fortune · Jun 28, 2023 Alphabet's downgrade double-whammy In a downgrade double-whammy, UBS AG and Bernstein both warned that generative A.I. represents a near-term threat to Google search ad revenue and its profit margins.
Bangkok Post · Jun 28, 2023 UBS to cut 35,000 jobs after Credit Suisse rescue GENEVA: Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
Fortune · Jun 27, 2023 Pickleball has been a lifeline for seniors, but the sport’s injuries may cost Americans nearly $400 million this year The outlet for seniors may also be contributing to more injury-related health care costs.
Fortune · Jun 26, 2023 Morgan Stanley says commercial real estate will crash harder than during the Great Financial Crisis. Here’s how 5 other top institutions see it playing out There’s one thing they can all agree on: Office properties are in trouble.
Barchart · Jun 26, 2023 Stocks Mixed on Geopolitical Concerns What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up -0.86%. U.S. stocks are mixed today as chip stocks buoy...
Barchart · Jun 26, 2023 Stocks Higher Despite Russian Geopolitical Concerns What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.46%. U.S. stocks are mildly higher today as chip stocks...
Barchart · Jun 26, 2023 Markets Today: Stocks Rise Despite Geopolitical Concerns Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.26%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up by +0.09%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up by +0.5%. U.S. stocks are higher this...