(Bloomberg) — The cost of insuring the bonds of Credit Suisse Group AG against default in the near-term is approaching a rarely-seen level that typically signals serious investor concerns. Most ...
Tag: UBS
Banking Selloff Goes Global After SVB Trouble. HSBC, BNP Paribas, UBS Tumble.
The selloff in the banking sector spread across the globe on Friday after SVB Financial Group said it was forced to unload assets at a loss following a decline in deposits. HSBC (ticker: HSBA.UK), Eur...
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value – Bitcoin News
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply ...
UBS says Mt. Gox repayments are unlikely to destabilize bitcoin price
UBS strategists say impending Mt. Gox bankruptcy repayments might not be cause for concern for the price of bitcoin. Crypto prices have been sluggish toward the end of February. Bitcoin was trad...
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes – Economics Bitcoin News
Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the...
Tepid European Auto Recovery Will Ignite Competition While Electric Car Growth Slows
ACEA president and Renault CEO Luca De Meo pictured during a press conference at the European … [+] Automobile Manufacturers Association (ACEA – Association des constructeurs europeens d¿a...
Ferrari Expects Higher Profits Again, While New Purosangue Will Broaden Its Appeal
The Purosangue is Ferrari’s first SUV, and also first four seater with four doors. (Photo by Martyn … [+] Lucy/Getty Images) Getty Images Despite fears of a global recession, the super-ric...
UBS Warns U.S. Growth And Tech Investors, Prefers Germany
Germany’s soccer fans hold German flags prior to the World Cup group E soccer match between Costa … [+] Rica and Germany at the Al Bayt Stadium in Al Khor , Qatar, Thursday, Dec. 1, 2022. ...
Ford Europe’s 2030 All-Electric Target Poses Harsh Questions
Ford Fiesta a front-wheel-drive supermini/subcompact getty Ford Europe is pinning its long-term future on an all-electric policy as it cuts capacity and jobs while ending production of traditional hig...
UBS reveals a biotech stock that can nearly double from here
Shares of CureVac BV (NASDAQ: CVAC) have already almost doubled year-to-date but a UBS analyst says the stock still has a lot more room to the upside. CureVac stock could gain close to 100% On Thursda...
Mercedes F1 Teams Signs Texas Based Sponsor To Multi-Year Deal
Mercedes’ British driver Lewis Hamilton steers his car in the pit lane during the first practice … [+] session ahead of the Italian Formula One Grand Prix at the Autodromo Nazionale circui...
UBS Says These 2 Stocks Offer Attractive Risk-Reward Right Now — Here’s Why
Risk and reward should be on every investor’s mind right now, and for good reason. The risks of market investing are piling up; according to Nadia Lovell, senior US equity strategist with UBS, we’re a...
It’s ‘still too early’ to get back in, says UBS strategist
Growth stocks led the market sell-off in 2022, but it’s too soon to buy in, according to UBS strategists. “Going forward, we think it is still too early to get back into tech stocks. While...
Volkswagen Faces 2023 Profit Hit, While Its Biggest Challenge Is Electric
Volkswagen ID Buzz electric van. (Photo by JOHN MACDOUGALL/AFP via Getty Images) AFP via Getty Images Like its European competitors, Volkswagen’s profits could halve in 2023. Its challenge of opaque g...
Renault 2023 Profit Outlook Poor As Investors Await Nissan Alliance News
Renault Austral SUV E-Tech hybrid. Photographer: Nathan Laine/Bloomberg © 2022 Bloomberg Finance LP Renault’s prospects for 2023 look poor with profits expected to halve. Shareholders might be in for ...
Nike Stock Among 2023 “Highest Conviction” Picks By UBS Ahead Of Quarterly Results
Analyst chatter has been mostly positive for Nike stock ahead of the company’s earnings report on Tuesday. X Deutsche Bank on Thursday lifted Nike‘s (NKE) price target to 126 from 99. Tels...
Netflix Falling Short On Ad-Supported Service
Photo by Chesnot/Getty Images. Getty Images After a November 2022 launch of Netflix’sNFLX $6.99/month “Basic With Ads Tier,” subscriber growth is much weaker than expected and some are complaining tha...
Streaming Video Services Seek A Balance Between Growth And Profitability
Photo by David McNew/Getty Images. Getty Images Investors in media companies have turned sour on streaming video services, the vast majority of which are bleeding red ink. Many consumers are switching...
UBS reveals its top apparel stock for 2023
PVH Corp (NYSE: PVH) is trading up on Thursday after a UBS analyst dubbed the stock his “top pick” in the space for 2023 following a meeting with the management. PVH stock has a 35% upside from here J...
Buy Zillow stock now to profit from ‘brighter environment’ next year, UBS says
Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research coverage of the online...
GBTC’s near $11 billion assets under management pose a risk in the bear market: UBS
Your size is not Grayscale’s size Grayscale’s size can be extremely problematic in a bear market, Kachkovski said. Any sale would widen the GBTC discount further but not necessarily affec...
3 Big Bank Stocks With Improved Price Chart Patterns
Bank Building getty That more investors are convinced the Fed will pivot next year to lower interest rates may be the reason for the buying coming into bank stocks. The expectation that such a favorab...
Apple iPhone wait times have doubled in 4 weeks to 38 days, UBS says
It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have caused wait times to double over the past four weeks, according to UBS research. As a result, i...
Despite German Auto Maker Strengths, 2023 Profit Prospects Look Challenging
BMW i7 electric car was the hole in one prize at the BMW International Open in Munich, Germany. … [+] (Photo by Stuart Franklin/Getty Images) Getty Images Germany’s auto manufacturers have been ...
UBS Analyst Says This Is When Investors Should Buy the Dip
Even though mid-term election results and encouraging inflation news have pushed U.S. stocks to their highest levels since August, a prominent UBS analyst says a recession is due and the global econom...
Intel’s dividend cut shows the need for quality. Here are 20 dividend stocks screened by UBS.
Stocks that pay high dividends can provide comfort during times of market turmoil. It is much easier to be patient if money is rolling in, and a strategy of reinvesting dividends may outperform when t...