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Apollo to Present at the UBS Financial Services Conference
Globenewswire· 2026-02-02 13:00
NEW YORK, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the UBS Financial Services Conference on Tuesday, February 10, 2026 at 8:50 am ET. A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to join live, a replay will be available shortly after the event. About Apollo Apollo is a high-growth, global alternative asset manager. In our as ...
Jim Cramer Wonders How High GE Vernova (GEV) Could Have Gone
Yahoo Finance· 2026-02-01 18:28
Company Overview - GE Vernova Inc. (NYSE:GEV) is a nuclear power company that also manufactures and sells gas turbines, wind turbines, and other heavy equipment [2] - The company has recently gained significant attention from analysts [2] Analyst Coverage - BMO raised GE Vernova's share price target to $785 from $780 while maintaining an Outperform rating, highlighting the company's goal of achieving 100 GW in gas turbine commitments by the end of 2026 [2] - UBS increased its price target for GE Vernova to $936 from $835 and retained a Buy rating, noting margin strength in the company's fourth quarter earnings [2] - Following the earnings report, GE Vernova's shares experienced a notable increase, prompting commentary from Jim Cramer regarding the stock's potential [2] Strategic Moves - GE Vernova's acquisition of transformer manufacturer Prolec is expected to create significant synergies for the company [2]
UBS Initiates Coverage on Rithm Capital (RITM), Citing Strong Acquisition Moves
Yahoo Finance· 2026-01-30 14:47
Core Viewpoint - Rithm Capital Corporation (NYSE:RITM) is identified as one of the most undervalued REIT stocks currently available for investment, with a Buy rating and a $16 price target from UBS following its acquisition of Paramount Group [1] Group 1: Company Strategy and Acquisitions - The acquisition of Paramount Group and Crestline is aimed at increasing Rithm Capital's assets under management and enhancing earnings potential in its asset management division [1] - Following the Crestline acquisition, Rithm Capital now manages approximately $102 billion in investable assets [1] Group 2: Investor Confidence and Financial Outlook - UBS suggests that additional details regarding third-party cash related to the Paramount Group acquisition could enhance investor confidence in Rithm Capital's overall strategy [2] - The firm also highlights the potential for long-term increases in return on equity and value multiples if Rithm Capital successfully implements its asset management strategy [2] Group 3: Business Segments - Rithm Capital operates as an alternative asset manager with a focus on real estate and related services, structured across four segments: origination & servicing, investment portfolio, residential transitional lending, and asset management [3]
UBS Forecasts Stable IT Services Growth for Globant (GLOB) in 2026
Yahoo Finance· 2026-01-30 07:07
Globant S.A. (NYSE:GLOB) ranks among the best high growth European stocks to buy. On January 20, UBS boosted its price target for Globant S.A. (NYSE:GLOB) to $75 from $70 while keeping a Neutral rating on the company’s shares. Globant is expected to report a 6% year-over-year decrease in revenue to $607 million in the fourth quarter of 2025, somewhat higher than the company’s projection of $605 million. UBS predicts that Globant’s adjusted gross margin would fall to 37.8% owing to foreign exchange challe ...
UBS Initiates Coverage of Arcellx With Bullish Outlook as Biotech Fundamentals Inflect
Yahoo Finance· 2026-01-30 05:24
Arcellx Inc. (NASDAQ:ACLX) is one of the best high short interest stocks with biggest upside potential. On January 7, UBS assumed coverage of Arcellx with a Buy rating and $100 price target as the firm assumed coverage on 22 small-to-mid cap biotech names. Contending that biotech fundamentals are now inflecting after a rough period, UBS expects investor confidence to recover and sees this positioning the sector for strong performance in 2026. Earlier on December 22, Wells Fargo initiated coverage of Arcel ...
UBS Reassesses Rollins (ROL) Ahead of Earnings, Maintains Neutral View
Yahoo Finance· 2026-01-29 23:52
Rollins, Inc. (NYSE:ROL) is included among the 13 Best February Dividend Stocks to Buy. UBS Reassesses Rollins (ROL) Ahead of Earnings, Maintains Neutral View On January 21, UBS lifted its price target on Rollins, Inc. (NYSE:ROL) to $65 from $61 while keeping a Neutral rating on the stock. The firm said the setup heading into fourth-quarter results looks fairly balanced. Organic growth and EBITDA are expected to come in slightly ahead of consensus estimates, with a modest pickup from the third quarter. U ...
Unum Group to Present at the UBS Financial Services Conference
Businesswire· 2026-01-28 17:00
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group's (NYSE: UNM) President & CEO, Rick McKenney, along with EVP and CFO, Steve Zabel, will represent the company at the UBS Financial Services Conference. ABOUT UNUM Unum Group (NYSE: UNM), a leading international provider of workplace benefits and services, has been helping workers and their families thrive for more than 175 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident, critical illness, dental, and vision insur ...
Big hedging of dollars for clients could test banks' capacity, senior UBS trader says
Reuters· 2026-01-28 15:10
Investors rushing to protect their U.S. assets against dollar depreciation could test banks' ability to meet demand for hedging, said a senior trader at UBS , one of the world's top currency dealers. ...
Truist to speak at the UBS Financial Services Conference and BofA Securities Financial Services Conference
Prnewswire· 2026-01-28 13:30
Group 1 - Truist Financial Corporation announced that Chief Consumer and Small Business Banking Officer Dontá Wilson will speak at the UBS Financial Services Conference on February 10, 2026, at 12:10 p.m. ET [1] - Chief Financial Officer Mike Maguire will speak at the BofA Securities Financial Services Conference on February 11, 2026, at 10:30 a.m. ET [1] - A live audio webcast of the conferences will be available on the day of the events, with a replay accessible for 30 days [2] Group 2 - Truist Financial Corporation is a purpose-driven financial services company headquartered in Charlotte, North Carolina, with total assets of $548 billion as of December 31, 2025 [3] - The company has a leading market share in many high-growth markets in the U.S. and offers a wide range of financial products and services [3] - Truist is recognized as a top-10 commercial bank, providing services including consumer and small business banking, commercial and corporate banking, investment banking, and wealth management [3]
Winter storm to cause billions of dollars in insured losses, UBS estimates
Reuters· 2026-01-28 12:19
Core Insights - A major winter storm in the United States is projected to result in billions of dollars in insured losses according to analysts at brokerage UBS [1] Group 1 - The storm's impact is significant enough to prompt analysts to assess the financial implications for the insurance industry [1]