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Friday, December 14, 2012

Takeover Digest - Wall Street Journal - Dec 14, (NYSE: UBS)

The following are the top stories in the Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * U.N. Ambassador Susan Rice withdrew from consideration to be U.S. secretary of state on Thursday in anticipation of a fierce confirmation battle with Republican opponents, marking the first political defeat for President Barack Obama in preparing for his second term. ()* UBS AG is close to an agreement to pay more than $1 billion to resolve allegations that it tried to rig interest-rate benchmarks to boost trading profits, said people briefed on the negotiations. ()

UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis. Shares of UBS fell by 1.04% or $-0.17/share to $16.22. In the past year, the shares have traded as low as $9.78 and as high as $16.50. On average, 3109930 shares of UBS exchange hands on a given day and today's volume is recorded at 3089907.



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