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Kingfisher Builds, Buzzi Downgrade, UBS Falls
Published 1 week, 6 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingfisher boosted its forecast for adjusted pretax profit for the full year; the guidance beat the average analyst estimate.
- Analyst Julian Radlinger cut the recommendation on Buzzi to sell from neutral.
- UBS shares fall as much as 4.1% to the lowest since July 1 after CEO Sergio Ermotti says year-on-year transactions in wealth management and the investment banking fee pool are likely down in 3Q.
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