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Key Analyst Upgrades This Week
Thursday, August 26, 2:54 PM ET, by Market News Video Staff

On Monday, UBS (UBS) upgraded shares of First Solar (FSLR) from neutral to buy as ...

Europe ETFs Higher; Vodafone, HSBC, BP Benefit from Strong Europe Data
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Strong economic data out of Europe this morning has pushed both the broad market and ...

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The PowerShares Preferred Portfolio (PGX) is based on an index that is designed to replicate ...

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Negative Reports on AK Steel and US Steel Impact XME
Wednesday, October 27, 11:11 AM ET, by Market News Video Staff

The SPDR S&P Metals and Mining ETF (XME) is struggling this morning following downgrades to ...

  More articles:  1 2 3 4 5 6 7 next »

Madoff Victims Trustee Sues UBS

By Market News Video Staff, Wednesday, November 24, 1:00 PM ET

A trustee for victims of Bernard Madoff sued UBS (NYSE:UBS) and other firms today for $2 billion, alleging that they engaged in financial fraud and misconduct.

UBS sponsored feeder funds that funneled money to Madoff, and the suit alleges that the firm ignored signs of fraud in Madoff’s activities.

UBS shares are trading flat Wednesday.

UBS makes up 1.88% of the BLDRS Europe 100 ADR Index Fund (NASDAQ:ADRU).

Top holdings include HSBC (NYSE:HBC), at 6.07% of the fund, Vodafone (NASDAQ:VOD), which is 4.69% of the portfolio, and Novartis (NYSE:NVS), at 4.34% of the fund.

Find the right mix of model portfolios today at PortfolioChannel.com


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