28 Jan

UBS misses out on bond trading rally

UBS misses out on bond trading rally
Bloomberg News reports that fourth-quarter revenue from foreign exchange, rates and credit trading dropped 12% $ 341m, the bank said Friday. That missed the consensus estimate of $ 434m, according to a note from JPMorgan Chase & Co.’s Kian Abouhossein.

NBA: After trading barbs, Bulls clear the air
CHICAGO: Rajon Rondo’s pointed response to the critical comments of Chicago Bulls teammates Dwyane Wade and Jimmy Butler won’t be a problem for the team going forward, Wade insisted Friday. “Everyone gets opportunities to express themselves,” Wade said …
Times of India

Closure of Trading Window
Kanpur Plastipack Ltd has informed BSE that a meeting of Board of Directors of the Company is scheduled to be held on February 13, 2017, inter alia, to consider and take on record the unaudited financial results for the quarter ended on December 31, 2016.
The Hindu Business Line

REV Group launches IPO, closes 14% higher than priced in first trading day
Shares for REV Group Inc. debuted on the New York Stock Exchange Friday in its $ 275 million initial public offering at a price of $ 22 per share, but shares never traded for less than $ 24.50 all day. REV Group (NYSE: REVG) is a Milwaukee-based designer …
Read more on The Business Journal