That stock soaring today after meeting expectations on earnings. This company now has a higher multiple, higher market capitalization than wall administrator. Probably higher multiple, too. Yeah. Im sure it does, as a matter of fact. But is it justified . Well talk about that coming up, as well. Heres the markets right now. Final hour of trade on this mid ferm tuesday and the dow slightly higher after spending the morning in the red. Higher by 22 points or so. The s p though is negative off by about 5 and the nasdaq off by about 14 and talking about whats off today, bill, may have something to do with the midterms and a question to explore. The price of oil as you mentioned. Fouryear low for wti which well get to here and the closing bell exchange. Mark spellman joining us here at the new york stock exchange. Amy wu is with us. John manly. Kenny pulcari and our own rick santelli. Why isnt the low on oil putting more downward pressure on the stock market hand it has . Im on the opposite
Raoul Weil experienced a state bailout at UBS first hand. He was also successful at defending himself against the US. The CEO of asset manager Reuss Private Group talks to finews.com about the Credit Suisse takeover and the Russ
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(Bloomberg) A clutch of ex-UBS Group AG bankers had their punishments cut on appeal as a Paris court slashed the penalty the Swiss bank had to pay for helping wealthy French citizens hide their money.