#ubs

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@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | UBS profits rocket 80% to $3 billion for first quarter beat AI generated summary, Read the full article for complete information. Swiss bank UBS reported a first‑quarter profit of $3 billion—an 80% year‑over‑year increase that topped analyst forecasts—while its common‑equity tier 1 capital ratio rose to 14.7%. The firm said it will accelerate its share‑buyback programme, having repurchased $900 million so far and targeting $3 billion by year‑end, lifting the stock more than 5% in early trade. CEO Sergio Ermotti highlighted “very strong” results, citing double‑digit profitability growth across its equity capital‑markets and alternative‑assets units, a 54% jump in pre‑tax earnings to $3.9 billion, and net new assets of $37 billion in global wealth management and $14 billion in asset management. He warned that net interest income in wealth management and corporate banking will be broadly flat in the second quarter, though the bank sees no major dislocation in private credit. The earnings come as Swiss regulators consider extra capital requirements to prevent another Credit Suisse‑type crisis. Read more: https://www.cnbc.com/2026/04/29/ubs-swiss-bank-first-quarter-earnings-profit-switzerland-trading.html #UBS #SergioErmotti #CNBC #CreditSuisse #Switzerland
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@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | U.S. airlines are hiking fares — and travelers keep booking AI generated summary, Read the full article for complete information. U.S. airlines are raising fares after jet‑fuel prices surged following the Iran‑Israel conflict, yet travelers continue to book in large numbers, with March ticket sales up 12% year‑over‑year and domestic fares 21% higher than a year ago. Executives say the strong demand is keeping load factors steady, allowing carriers such as JetBlue, American, Delta and United to project double‑digit revenue growth for the second quarter despite the added $6 billion‑plus cost burden from fuel. While premium‑cabin seats are seeing especially steep price gains, low‑cost airlines are seeking government relief to offset the fuel shock. Overall, airlines remain optimistic about summer demand, though they caution that sustained consumer demand will be needed to maintain higher fares into the next year. Read more: https://www.cnbc.com/2026/04/28/airlines-fares-fuel.html #JetBlue #AmericanAirlines #Delta #United #Frontier #Avelo #UBS #AtulMaheswari #ValueAirlines #
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@TheBadPlace@mastodon.ozioso.online · 6d ago
US Top News and Analysis | Berkshire attracts interest as it slips further behind the S&P 500 AI generated summary, Read the full article for complete information. Berkshire Hathaway’s stock slipped about 1% this week while the S&P 500 rose 0.6% to a fresh all‑time high, widening the company’s underperformance to 11.3 percentage points for the year; both the A and B shares are now down roughly 13% from their peak a year ago, shortly after Warren Buffett announced he will step down as CEO at the end of 2025. Analysts see the lower price as an opportunity, with Barron’s calling the stock a “coiled spring” and UBS estimating an 8% discount to intrinsic value, especially given Berkshire’s durable insurance and industrial businesses and its policy of repurchasing shares when prices fall below that intrinsic threshold. New CEO Greg Abel will soon address how to deploy Berkshire’s nearly $400 billion in cash and manage a portfolio that has seen significant divestitures—including an estimated $16 billion of sales after Todd Combs’s departure, such as a 77% reduction in the Amazon stake—and a recent 75% cut in the Apple holding, which still remains its largest equity position. Meanwhile, Walmart has overtaken Berkshire as the ninth‑largest U.S. company by market value, a milestone not seen since 2013, and Buffett used the occasion to praise Apple CEO Tim Cook for his leadership. The upcoming shareholders’ meeting will feature updates from Abel and other senior executives, with live coverage on CNBC. Read more: https://www.cnbc.com/2026/04/25/berkshire-attracts-interest-as-it-slips-further-behind-the-sp-500.html #WarrenBuffett #AndrewBary #ChristopherDavis #BrianMeredith #ToddCombs #GregAbel #TimCook #BerkshireHathaway #UBS #Apple #
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@fredy_pferdi@social.linux.pizza · Mar 04, 2026
Wir sollten die Deutschenbank, der UBS und Co. zur Herausgabe jeglicher transaktionalen von und um #epstein We should force #Deutschebank #UBS and co. to hand out all Epstein related transaction's immediacy! #protes #justice
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