The Latest Breaking News from UBS

Lyft Inc.'s (NASDAQ: LYFT) U.S. hiring freeze has analysts anticipating what the impact could be on the e-hailing industry.

‘What the Government needs to do now is recall Parliament and abandon this budget’

Key Takeaways: Despite a landmark U.S.-China information-sharing agreement, some predict dual listings in New York and Hong Kong will remain the preferred choice for Chinese stocks UBS estimates Hong Kong Stock Exchange trading volume could rise up to 25% if all U.S.-traded Chinese stocks delist from New York and move…

Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

Retail giants Target Corporation (NYSE: TGT) and Walmart Inc (NYSE: WMT) might gain some market share inadvertently and could be the unintended beneficiary of the looming bankruptcy risk for the retail cha

‘If Russia were to completely cut supplies and we had a cold winter it would be a perfect storm’

Upgrades

Gucci's sales growth eases in Q2 as China lockdowns weigh Sales at French luxury group Kering's top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese market. Overall sales for Kering,…

Keybanc raised the price target for McDonald's Corporation (NYSE: MCD) from $285 to $290. However, Keybanc analyst Eric Gonzalez maintained the stock with an Overweight rating. McDonald's shares fell 0.3% to $256.23 in pre-market trading.