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advisors with decades of experience transition to UBS and Kingsview Partners

UBS and Kingsview Partners have welcomed new advisors from RBC Wealth Management and Edward Jones, respectively. Anibal Drelichman, with over 30 years in wealth management, joins UBS in the Philadelphia D.C. Market, while Greg LaFreniere, managing $200 million AUM, becomes a wealth manager and partner at Kingsview in Iron Mountain, Michigan.
12:36 11.11.2024

ubs raises amazon target price to 230 dollars maintaining buy rating

UBS has raised its target price for Amazon from $223 to $230, maintaining a "Buy" rating, citing strong profitability and a positive outlook for the fourth quarter. Other analysts have also increased their targets, with Jefferies at $235 and Goldman Sachs at $240, following Amazon's impressive Q3 earnings. The company anticipates robust profits and sales during the holiday shopping season.
11:40 01.11.2024

ubs shares dip after highs despite strong quarterly results and outlook

UBS shares fell about two percent to 27.91 francs after reaching a multi-year high of 29.57 francs, despite strong quarterly results that exceeded market expectations and positive progress in integrating Credit Suisse. The bank reported a billion-franc profit, with all sectors, except wealth management, performing better than anticipated. Analysts remain optimistic about the company's outlook, although uncertainties related to the economic climate and the upcoming US presidential election were noted.
13:19 30.10.2024

ubs shares dip despite strong quarterly results and positive outlook

UBS shares fell about two percent to 27.91 francs after reaching a multi-year high of 29.57 francs, despite strong quarterly results that exceeded market expectations and positive progress in integrating Credit Suisse. The bank reported a billion-franc profit, with all sectors, except wealth management, performing better than anticipated. Analysts remain optimistic about UBS's outlook, although they noted uncertainties related to the economic climate and the upcoming US presidential election.
13:18 30.10.2024

ubs group reports strong revenue distribution across core business segments

UBS Group AG operates through four main segments: wealth management (54.3% of revenues), investment banking (24.9%), retail and corporate banking (12.3%), and asset management (8.5%). By the end of 2022, it is set to manage CHF 525.1 billion in deposits and CHF 387.2 billion in loans, with operating income distributed across various regions: Switzerland (22.3%), Europe-Middle East-Africa (20.2%), Americas (39.9%), Asia-Pacific (16.2%), and others (1.4%).
09:34 30.10.2024

RBC maintains outperform rating for UBS with target price of 30 francs

RBC has maintained its 'Outperform' rating for UBS, setting a target price of 30 francs. Analyst Anke Reingen highlighted the Swiss bank's robust quarterly results, although she noted ongoing economic and election uncertainties that could impact future performance.
09:34 30.10.2024

RBC maintains outperform rating for UBS with target price of 30 francs

RBC has maintained its 'Outperform' rating for UBS, setting a target price of 30 francs. Analyst Anke Reingen highlighted the Swiss bank's robust quarterly results, although she noted ongoing economic and election uncertainties that could impact future performance.
09:34 30.10.2024

Boeing faces financial challenges amid labor disputes and stock price adjustments

Boeing is facing significant financial challenges, with preliminary quarterly figures forecasting sales of $17.8 billion and a loss per share of around $10. Analysts have adjusted price targets, with UBS maintaining a "Buy" rating at $215, while RBC rates it "Outperform" at $200. Amid ongoing labor disputes, Boeing is offering a 35% pay increase to striking workers, as it considers selling underperforming parts of the company to raise cash.
10:42 21.10.2024
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