The Latest Breaking News from UBS

U.S.-China Audit Deal Won't Slow Hong Kong Dual Listing Train, Analysts Say

Key Takeaways: Despite a landmark U.S.-China information-sharing agreement, some predict dual listings in New York and Hong Kong will remain the preferred choice for Chinese stocks UBS estimates Hong Kong Stock Exchange trading volume could rise up to 25% if all U.S.-traded Chinese stocks delist from New York and move…

Benzinga · Sep 2, 2022

Salesforce Faces Price Target Cuts On Guidance Cut, Shares Slide

Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

Benzinga · Aug 25, 2022

Could Target and Walmart Be Beneficiaries From A Bed Bath & Beyond Bankruptcy?

Retail giants Target Corporation (NYSE: TGT) and Walmart Inc (NYSE: WMT) might gain some market share inadvertently and could be the unintended beneficiary of the looming bankruptcy risk for the retail cha

Benzinga · Aug 23, 2022

LVMH Q2 Sales Climb 19%, Offsetting Slower China

Sales at LVMH, the world's largest luxury group, rose by 19% in the three months to June, as robust growth in the US and China helped it offset a new round of lockdowns in China. LVMH, which owns dozens of high-end labels such as Tiffany, said sales came to 18.73…

Asharq Al-Awsat · Jul 26, 2022

This Healthcare Stock Jumped 110%; Here Are 64 Biggest Movers From Yesterday

 Gainers Virax Biolabs Group Limited (NASDAQ: VRAX) shares climbed 264% to close at $18.20 on Thursday. The company offered shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on January 17, 2023.

Benzinga · Jul 22, 2022

Why Is Super Micro Computer Higher By More Than 13%? 42 Stocks Moving In Thursday's Mid-Day Session

Gainers Virax Biolabs Group Limited (NASDAQ: VRAX) shares jumped 364.3% to $23.22. The company offered shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on January 17, 2023.

Benzinga · Jul 21, 2022

American tourists splurge in Paris boutiques as euro slides

American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar.

Reuters · Jul 15, 2022

UBS, Citi among banks hit by Asia rich clients’ pullback

A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.

Bangkok Post · Jul 15, 2022

Criminal complaint filed against UBS over DRC-linked funds

Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging a failure to exercise due diligence at UBS in relation to funds they say were received by an alleged associate of former Congolese president Joseph Kabila.

Reuters · Jul 8, 2022

Benzinga's Top Ratings Upgrades, Downgrades For July 8, 2022

 

Benzinga · Jul 8, 2022