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UBS Inaugurates European Bank Earnings With Double Profit; Shares Jump 5% Pre-Market
Tuesday, October 20, 2020 - 5:21am | 360The European investment bank, UBS Group AG (NYSE: UBS), beat earnings expectations for the third quarter 2020 on Tuesday, clocking 99% year-over-year growth in net profit to $2.1 billion, compared to analyst estimates of $1.5 billion, reports CNBC. Profit before tax of $2.6 billion was 92...
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Barclays Previews Big Bank Earnings
Monday, April 13, 2015 - 1:00pm | 481As earnings season gets into full swing this week, analysts at Barclays provided a Q1 earnings preview for seven big American banks. Despite an overall positive industry view, analysts see a tough Q1 for financials. Here’s what they had to say about these banks: KeyCorp (NYSE: KEY)...
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7 Market-Moving Stories You Might've Missed Last Week
Sunday, January 18, 2015 - 2:09pm | 5101. Swiss franc rises 14 percent: On Thursday, the Swiss Franc appreciated considerably after Switzerland's central bank said it would allow its currency to float, rather than maintain a minimum exchange rate. Following the move, shares of currency brokers fell sharply on Friday, with FXCM Inc...