UBS Group AG ( UBS ) shares are trading lower on Wednesday. Sabine Keller-Busse, UBS’s Switzerland country head, affirmed the bank’s steadfast commitment to its domestic market, addressing public concerns about its plans, reported Reuters. Keller-Busse told a conference in northern Switzerland, “Underpinning this commitment, we aim to maintain our loan book in Switzerland at around 350 billion Swiss francs...

12:31 PM EDT, 09/11/2024 (MT Newswires) -- Cintas ( CTAS ) is poised to continue delivering above-industry revenue growth, but employment slowdown and normalized pricing could potentially weigh on growth ahead, RBC Capital Markets said in a Tuesday note. RBC attributed the company's revenue growth to solid execution, cross-selling, and focus on verticals that are resilient against recession. Meanwhile, margin...

Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted profits, allowing them to pay out bigger returns to shareholders compared with the previous year. Payouts jumped to a record $606.1 billion in the second quarter from $568.1 billion a year earlier, the Global Dividend Index report by Janus Henderson...

12:32 PM EDT, 09/11/2024 (MT Newswires) -- Price: 14.57, Change: +0.16, Percent Change: +1.11 ...