— Shares of the bank rose more than 6% after reporting its quarterly profit doubled, driven by strong investment banking and a boost in profit from its wealth management division. UBS also set aside $2.5 billion for potential dividends and stock buybacks.– The stock price gained about 1% even after its warning to bondholders that they might not get paid if the company's distressed-bond exchange fails.
– Shares gained more than 1% after the company reported third-quarter earnings. The paint and coatings maker earned $1.93 on an adjusted basis, which topped estimates by one cent. Revenue also came in above forecasts.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What Oracle, IBM, Amazon, VMware, and Google pay tech hires Colorado - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
IBM Stock Price | International Business Machines Corp. Stock Quote (U.S.: NYSE) | MarketWatchIBM | Complete International Business Machines Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Source: MarketWatch - 🏆 3. / 97 Read more »
IBM, Parsley Energy, Logitech, Moderna: What to Watch When the Market Opens TodayStock futures pointed to gains after the New York opening bell ahead of House Speaker Nancy Pelosi's deadline for stimulus-package talks
Source: WSJ - 🏆 98. / 63 Read more »
Stocks making the biggest moves in the premarket: Procter & Gamble, Travelers, Logitech & moreThe stocks making the biggest moves in premarket trading include Procter & Gamble, Travelers, Logitech, and more.
Source: CNBC - 🏆 12. / 72 Read more »
20 stocks to help you play a big ‘restocking’ of consumer goods, according to JefferiesHere are 20 stocks to help you play a coming big 'restocking' of consumer goods
Source: MarketWatch - 🏆 3. / 97 Read more »