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Ubs Ag (UBS) [hlAlert]

up 18.92 %

Ubs Ag (UBS) rated Overweight by HSBC Securities

Posted on: Wednesday,  Apr 14, 2010  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Ubs Ag (NYSE: UBS) on 04/14/2010, when the stock price was $17.49. Since
then, Ubs Ag has gained 18.93% as of 01/25/2016's recent price of $20.80.
If you would have followed this HSBC Securities's recommendation on UBS, you would have gained 18.92% of your investment in 2112 days.

UBS AG is a global provider of financial services to private, corporate and institutional clients. The Company?s financial businesses are organized on a worldwide basis into three business divisions and the Corporate Center. Global Wealth Management & Business Banking consists of three segments: Wealth Management International & Switzerland, Wealth Management US and Business Banking Switzerland. The business divisions Investment Bank and Global Asset Management constitute one segment each. On February 10, 2009, UBS announced the split of Global Wealth Management & Business Banking into two divisions: Wealth Management & Swiss Bank and Wealth Management Americas. In February 2009, JPMorgan Chase & Co. acquired the Company?s global agricultural business. In February 2008, it acquired 100% of the Caisse Centrale de Reescompte Group. In August 2008, UBS sold its 24.9% stake in Adams Street Partners. On May 6, 2009, UBS AG acquired the commodity index business of AIG Financial Products Corp

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/14/2010 8:25 AM Buy
as of 12/31/2010
1 Week up  7.52 %
1 Month up  17.51 %
3 Months up  3.99 %
1 YTD up  1.25 %

(*) Stock Price at the time of the recommendation.
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