Tuesday, July 31, 2012

Facebook Debacle Weighs on UBS Bottom Line in 2Q

UBS reported a surprise slump in profit, hit by a big trading loss on Facebook's stock market debut and a drop in revenue that pushed its investment bank into the red.

URL: http://www.topix.com/com/facebook/2012/07/facebook-debacle-weighs-on-ubs-bottom-line-in-2q?fromrss=1

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