Gainers & Losers
- FTSE
- NYSE
- NASDAQ
- AMEX
- NIKKEI
Tax could cost UBS up to 10 pct of Europe assets
ZURICH, May 26 - UBS AG could see up to 10 percent of its European assets of 300 billion Swiss francs ($312.52 billion) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was quoted as saying on Saturday.
REFILE-Bankia says it could sell Spanish company stakes
MADRID, May 26 - Spain's Bankia said on Saturday that it could sell its stakes in Spanish companies in future, a day after it asked the state for a 19 billion euro ($23.77 billion) bailout, the biggest ever bank rescue in the country.
US STOCKS SNAPSHOT-Wall St slides ahead of holiday weekend
NEW YORK, May 25 - U.S. stocks ended their first positive week in four with a down day on Friday as investors were reluctant to buy going into a long weekend, with uncertainty still swirling around Europe.
REFILE-US STOCKS SNAPSHOT-Wall St slips ahead of long holiday weekend
NEW YORK, May 25 - U.S. stock slid into the close on Friday as traders, wary of the risks posed by Europe's debt crisis, closed out postions ahead of the long holiday weekend even as Wall Street headed for its first week of gains in four.
CORIOLANUS/BRIEF (URGENT)
May 25 - Coriolanus Ltd [CORIO.UL]: * Moodys determines no negative rating impact due to Coriolanus Limited entry
Britain's FTSE ends flat as rebound loses momentum
* FTSE records first weekly gain in May, but rally loses momentum
STOCKS NEWS EUROPE-UK small caps close flat
The FTSE Small Cap index closes steady, echoing the blue chips , while the midcaps are down 0.5 percent.
Defensives push European shares up against bleak backdrop
LONDON, May 25 - Drugmakers and utilities were among the top gainers as Europe's top share index closed slightly higher on Friday, albeit in choppy trade and light volumes as uncertain macroeconomic conditions kept investors' risk appetite at bay.
TEXT-Fitch affirms Vodafone Group Plc
(The following statement was released by the rating agency)
TEXT-Fitch rates Clydesdale Bank No 2 covered bonds 'AAA(EXP)'
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Clydesdale Bank PLC - Global Covered Bond Programme No.2 http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679790
No related earnings announcements are currently scheduled within the next 7 days.
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