January 31, 2023

Several Reasons to Invest in HCA Healthcare (HCA)

Reuters

UBS fourth-quarter profit rises 23%; beats estimates

Switzerland’s UBS Group AG on Tuesday reported a 23% increase in fourth-quarter profit, beating analyst estimates, helped by a fall in costs despite a drop in financial markets. The world’s largest wealth manager kicked off a round of reporting for major European banks, many of which have been cutting jobs and costs in light of waning economic growth. The Swiss bank reported net profit attributable to shareholders of $1.7 billion, versus the $1.3 billion average of 21 analyst estimates in a UBS-conducted poll.

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