+关注
Liewje86
暂无个人介绍
IP属地:未知
10
关注
0
粉丝
0
主题
0
勋章
主贴
热门
Liewje86
2021-04-28
$Pfizer(PFE)$
发!
Liewje86
2021-04-28
买呀![Cool]
Liewje86
2021-04-28
$FedEx(FDX)$
好样的呢!
Liewje86
2021-04-27
Spiking up[Cool]
California bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote>
Liewje86
2021-04-27
Bravo!!!
Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote>
Liewje86
2021-04-27
Wow!
UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote>
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3582245116949374","uuid":"3582245116949374","gmtCreate":1619151092853,"gmtModify":1619589283105,"name":"Liewje86","pinyin":"liewje86","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":10,"tweetSize":6,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.80%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":100873882,"gmtCreate":1619604061446,"gmtModify":1634211416589,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>发!","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>发!","text":"$Pfizer(PFE)$发!","images":[{"img":"https://static.tigerbbs.com/b1af6caa2c27140e6d369aa0c6a8174b","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100873882","isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":100379568,"gmtCreate":1619584927354,"gmtModify":1634211544283,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"买呀![Cool] ","listText":"买呀![Cool] ","text":"买呀![Cool]","images":[{"img":"https://static.tigerbbs.com/52b7a5e238056a1eb23229bfad19b4ee","width":"1125","height":"3213"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100379568","isVote":1,"tweetType":1,"viewCount":854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":100364390,"gmtCreate":1619582148910,"gmtModify":1631887273667,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FDX\">$FedEx(FDX)$</a>好样的呢!","listText":"<a href=\"https://laohu8.com/S/FDX\">$FedEx(FDX)$</a>好样的呢!","text":"$FedEx(FDX)$好样的呢!","images":[{"img":"https://static.tigerbbs.com/7edc59b929e60a2d645c0cd0ac26ec5c","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100364390","isVote":1,"tweetType":1,"viewCount":1208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":377130723,"gmtCreate":1619503037962,"gmtModify":1634212209670,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"Spiking up[Cool] ","listText":"Spiking up[Cool] ","text":"Spiking up[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377130723","repostId":"1171287635","repostType":4,"repost":{"id":"1171287635","kind":"news","pubTimestamp":1619493616,"share":"https://www.laohunote.com/m/news/1171287635?lang=zh_CN&edition=full","pubTime":"2021-04-27 11:20","market":"us","language":"en","title":"California bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171287635","media":"renaissancecap...","summary":"Five Star Bancorp, a California bank with seven branches and two loan production offices, announced ","content":"<p>Five Star Bancorp, a California bank with seven branches and two loan production offices, announced terms for its IPO on Monday.</p><p><blockquote>拥有七家分行和两个贷款生产办公室的加州银行五星银行周一宣布了其首次公开募股的条款。</blockquote></p><p> The Rancho Cordova, CA-based company plans to raise $100 million by offering 5.3 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Five Star Bancorp would command a market value of $309 million.</p><p><blockquote>这家总部位于加利福尼亚州兰乔科尔多瓦的公司计划以 18 至 20 美元的价格发行 530 万股股票,筹集 1 亿美元。在拟议范围的中点,五星银行的市值将达到 3.09 亿美元。</blockquote></p><p> Five Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices. As of December 31, 2020, the company had total assets of $2.0 billion, total loans of $1.5 billion, and total deposits of $1.8 billion.</p><p><blockquote>五星银行是一家州特许银行,为中小企业、专业和个人客户提供一系列银行产品和服务。该公司通过其七个分支机构和两个贷款生产办事处在北加州开展业务。截至2020年12月31日,该公司总资产20亿美元,贷款总额15亿美元,存款总额18亿美元。</blockquote></p><p> Five Star Bancorp was founded in 1999 and booked $75 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Keefe Bruyette Woods is the sole bookrunner on the deal. It is expected to price during the week of May 3, 2021.</p><p><blockquote>五星银行成立于1999年,截至2020年12月31日的12个月销售额为7500万美元。它计划在纳斯达克上市,股票代码为 FSBC。基夫·布鲁耶特·伍兹是这笔交易的唯一账簿管理人。预计将于2021年5月3日当周定价。</blockquote></p><p></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>California bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCalifornia bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-04-27 11:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Five Star Bancorp, a California bank with seven branches and two loan production offices, announced terms for its IPO on Monday.</p><p><blockquote>拥有七家分行和两个贷款生产办公室的加州银行五星银行周一宣布了其首次公开募股的条款。</blockquote></p><p> The Rancho Cordova, CA-based company plans to raise $100 million by offering 5.3 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Five Star Bancorp would command a market value of $309 million.</p><p><blockquote>这家总部位于加利福尼亚州兰乔科尔多瓦的公司计划以 18 至 20 美元的价格发行 530 万股股票,筹集 1 亿美元。在拟议范围的中点,五星银行的市值将达到 3.09 亿美元。</blockquote></p><p> Five Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices. As of December 31, 2020, the company had total assets of $2.0 billion, total loans of $1.5 billion, and total deposits of $1.8 billion.</p><p><blockquote>五星银行是一家州特许银行,为中小企业、专业和个人客户提供一系列银行产品和服务。该公司通过其七个分支机构和两个贷款生产办事处在北加州开展业务。截至2020年12月31日,该公司总资产20亿美元,贷款总额15亿美元,存款总额18亿美元。</blockquote></p><p> Five Star Bancorp was founded in 1999 and booked $75 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Keefe Bruyette Woods is the sole bookrunner on the deal. It is expected to price during the week of May 3, 2021.</p><p><blockquote>五星银行成立于1999年,截至2020年12月31日的12个月销售额为7500万美元。它计划在纳斯达克上市,股票代码为 FSBC。基夫·布鲁耶特·伍兹是这笔交易的唯一账簿管理人。预计将于2021年5月3日当周定价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.renaissancecapital.com/IPO-Center/News/81155/California-bank-Five-Star-Bancorp-sets-terms-for-$100-million-IPO\">renaissancecap...</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSBC":"Five Star Bancorp"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/81155/California-bank-Five-Star-Bancorp-sets-terms-for-$100-million-IPO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171287635","content_text":"Five Star Bancorp, a California bank with seven branches and two loan production offices, announced terms for its IPO on Monday.\nThe Rancho Cordova, CA-based company plans to raise $100 million by offering 5.3 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Five Star Bancorp would command a market value of $309 million.\nFive Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices. As of December 31, 2020, the company had total assets of $2.0 billion, total loans of $1.5 billion, and total deposits of $1.8 billion.\nFive Star Bancorp was founded in 1999 and booked $75 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Keefe Bruyette Woods is the sole bookrunner on the deal. It is expected to price during the week of May 3, 2021.","news_type":1,"symbols_score_info":{"FSBC":0.9}},"isVote":1,"tweetType":1,"viewCount":918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377197665,"gmtCreate":1619502929957,"gmtModify":1634212210863,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"Bravo!!!","listText":"Bravo!!!","text":"Bravo!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/377197665","repostId":"1155157199","repostType":4,"repost":{"id":"1155157199","kind":"news","pubTimestamp":1619494851,"share":"https://www.laohunote.com/m/news/1155157199?lang=zh_CN&edition=full","pubTime":"2021-04-27 11:40","market":"us","language":"en","title":"Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155157199","media":"Barrons","summary":"Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.J.P. Mo","content":"<p>Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.</p><p><blockquote>华尔街预计微软将在周二收盘后公布 3 月份季度数据时公布强劲的财务业绩。</blockquote></p><p>The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.</p><p><blockquote>分析师一致预测营收为 410 亿美元,同比增长 17%,每股收益为 1.78 美元。周一,微软股价创下 262.44 美元的盘中纪录,该股距离首次触及 2 万亿美元估值仅一步之遥。要实现这一目标,该股需要上涨至 264.55 美元。</blockquote></p><p>The shares have gained 18% year to date.</p><p><blockquote>今年迄今为止,该股已上涨 18%。</blockquote></p><p>Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. </p><p><blockquote>分析师预计该公司的 Azure 和 Office 365 云业务将在本季度再次表现强劲,并将寻找企业运营加速增长的迹象。鉴于最近 PC 购买量的巨大增长,Surface 硬件(笔记本电脑和白板)的销售可能会在本季度强劲,尽管组件短缺可能会导致需求未满足。个人电脑市场的强劲也预示着Windows操作系统的销售。</blockquote></p><p>Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.</p><p><blockquote>微软将其业绩分为三个部分:生产力和业务流程,包括Office 365、Dynamics和LinkedIn;智能云,其中包括Azure和企业服务器软件;以及更多的个人计算,包括Windows、Xbox、Surface硬件和Bing。</blockquote></p><p>When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.</p><p><blockquote>当微软在 1 月底公布第二财季业绩时,首席财务官 Amy Hood 提供了每个部门的收入指导。对于生产力和业务流程,她预计收入为 133.5 亿至 136 亿美元。智能云的看涨期权是收入为147亿至149.5亿美元,而她预测更多个人计算的收入为123亿至127亿美元。如果每个部门的收入达到预测范围的顶部,总收入将达到 412.5 亿美元。</blockquote></p><p>In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.</p><p><blockquote>在研究报告中,几位分析师引用了客户和经销商的积极评价,预计业绩将强劲。</blockquote></p><p>Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.</p><p><blockquote>上周,KeyBanc Capital 的 Michael Turits 重申了对该股的跑赢大盘评级,同时将目标价从 280 美元上调至 295 美元。他表示,该公司可能受益于强劲的 IT 需求和个人电脑出货量的持续强劲。</blockquote></p><p>“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”</p><p><blockquote>“他写道:”我们继续看到微软扩大 Azure 范围、广泛的企业应用创新和积极的捆绑组合在市场上取得成功。“我们采访过的几乎所有北美微软分销商/经销商都报告说,微软渠道收入达到或超过了计划”。</blockquote></p><p>J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.</p><p><blockquote>摩根大通分析师 Mark Murphy 在自己对微软产品经销商进行的最新调查中对前景感到鼓舞。他说,在企业需求改善的推动下,这些公司的微软商品季度销售额平均比预期高出 3.3%。他报告了公司整个企业产品线的实力,Azure、Teams、Office 365 和安全产品等领域都取得了增长。Murphy 对跑赢大盘微软的评级,并将股价目标定为 245 美元。</blockquote></p><p>Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.</p><p><blockquote>Wedbush 分析师丹-艾夫斯(Dan Ives)预测,在 Azure 至少增长 45% 的推动下,“又一个杰作季度”,他认为 Azure 正在从亚马逊网络服务手中夺走市场份额。他说,当前的在家办公环境鼓励更多企业向基于云的运营做出战略举措,“微软全面展开,Azure 的增长依然强劲”。他维持跑赢大盘评级,目标股价为300美元。</blockquote></p><p>Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.” </p><p><blockquote>花旗分析师泰勒-拉德克(Tyler Radke)上周重申了对微软股票的买入评级,将目标价从 292 美元上调至 302 美元,并在业绩公布前对该股进行了 “积极催化剂观察”。他写道,对经销商的调查和渠道检查相结合,让他更有信心微软能够推动所有三个主要业务部门的收入,消费者和企业对个人电脑的需求都很强劲,服务器软件的强劲升级活动也很活跃,Azure 也因 “企业消费持续强劲增长 ”而持续强劲。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-04-27 11:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.</p><p><blockquote>华尔街预计微软将在周二收盘后公布 3 月份季度数据时公布强劲的财务业绩。</blockquote></p><p>The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.</p><p><blockquote>分析师一致预测营收为 410 亿美元,同比增长 17%,每股收益为 1.78 美元。周一,微软股价创下 262.44 美元的盘中纪录,该股距离首次触及 2 万亿美元估值仅一步之遥。要实现这一目标,该股需要上涨至 264.55 美元。</blockquote></p><p>The shares have gained 18% year to date.</p><p><blockquote>今年迄今为止,该股已上涨 18%。</blockquote></p><p>Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. </p><p><blockquote>分析师预计该公司的 Azure 和 Office 365 云业务将在本季度再次表现强劲,并将寻找企业运营加速增长的迹象。鉴于最近 PC 购买量的巨大增长,Surface 硬件(笔记本电脑和白板)的销售可能会在本季度强劲,尽管组件短缺可能会导致需求未满足。个人电脑市场的强劲也预示着Windows操作系统的销售。</blockquote></p><p>Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.</p><p><blockquote>微软将其业绩分为三个部分:生产力和业务流程,包括Office 365、Dynamics和LinkedIn;智能云,其中包括Azure和企业服务器软件;以及更多的个人计算,包括Windows、Xbox、Surface硬件和Bing。</blockquote></p><p>When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.</p><p><blockquote>当微软在 1 月底公布第二财季业绩时,首席财务官 Amy Hood 提供了每个部门的收入指导。对于生产力和业务流程,她预计收入为 133.5 亿至 136 亿美元。智能云的看涨期权是收入为147亿至149.5亿美元,而她预测更多个人计算的收入为123亿至127亿美元。如果每个部门的收入达到预测范围的顶部,总收入将达到 412.5 亿美元。</blockquote></p><p>In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.</p><p><blockquote>在研究报告中,几位分析师引用了客户和经销商的积极评价,预计业绩将强劲。</blockquote></p><p>Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.</p><p><blockquote>上周,KeyBanc Capital 的 Michael Turits 重申了对该股的跑赢大盘评级,同时将目标价从 280 美元上调至 295 美元。他表示,该公司可能受益于强劲的 IT 需求和个人电脑出货量的持续强劲。</blockquote></p><p>“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”</p><p><blockquote>“他写道:”我们继续看到微软扩大 Azure 范围、广泛的企业应用创新和积极的捆绑组合在市场上取得成功。“我们采访过的几乎所有北美微软分销商/经销商都报告说,微软渠道收入达到或超过了计划”。</blockquote></p><p>J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.</p><p><blockquote>摩根大通分析师 Mark Murphy 在自己对微软产品经销商进行的最新调查中对前景感到鼓舞。他说,在企业需求改善的推动下,这些公司的微软商品季度销售额平均比预期高出 3.3%。他报告了公司整个企业产品线的实力,Azure、Teams、Office 365 和安全产品等领域都取得了增长。Murphy 对跑赢大盘微软的评级,并将股价目标定为 245 美元。</blockquote></p><p>Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.</p><p><blockquote>Wedbush 分析师丹-艾夫斯(Dan Ives)预测,在 Azure 至少增长 45% 的推动下,“又一个杰作季度”,他认为 Azure 正在从亚马逊网络服务手中夺走市场份额。他说,当前的在家办公环境鼓励更多企业向基于云的运营做出战略举措,“微软全面展开,Azure 的增长依然强劲”。他维持跑赢大盘评级,目标股价为300美元。</blockquote></p><p>Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.” </p><p><blockquote>花旗分析师泰勒-拉德克(Tyler Radke)上周重申了对微软股票的买入评级,将目标价从 292 美元上调至 302 美元,并在业绩公布前对该股进行了 “积极催化剂观察”。他写道,对经销商的调查和渠道检查相结合,让他更有信心微软能够推动所有三个主要业务部门的收入,消费者和企业对个人电脑的需求都很强劲,服务器软件的强劲升级活动也很活跃,Azure 也因 “企业消费持续强劲增长 ”而持续强劲。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155157199","content_text":"Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.The shares have gained 18% year to date.Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.”","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377199309,"gmtCreate":1619502405901,"gmtModify":1634212216810,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377199309","repostId":"1192544330","repostType":4,"repost":{"id":"1192544330","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619499768,"share":"https://www.laohunote.com/m/news/1192544330?lang=zh_CN&edition=full","pubTime":"2021-04-27 13:02","market":"us","language":"en","title":"UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192544330","media":"Tiger Newspress","summary":"UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a h","content":"<p>UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a hit to earnings from the scandal involving Archegos Capital.</p><p><blockquote>瑞银周二公布 2021 年第一季度净利润为 18 亿美元,透露 Archegos Capital 丑闻对盈利造成了打击。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4d55c6e9839c4187b6ae709649525b42\" tg-width=\"1003\" tg-height=\"699\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>“Our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously,” it said in a statement.</p><p><blockquote>“我们第一季度的业绩还考虑到了与一家美国大宗经纪客户违约有关的损失。我们显然都很失望,并非常重视此事,”该公司在一份声明中说。</blockquote></p><p>“A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”</p><p><blockquote>“我们正在对相关风险管理流程进行详细审查,并正在采取适当措施,以避免未来出现此类情况。”</blockquote></p><p>The bank said profit was $434 million lower as a result of the default.</p><p><blockquote>该银行表示,由于违约,利润减少了 4.34 亿美元。</blockquote></p><p>Analysts had forecast net income to come in at $1.6 billion over the period, according to Refinitiv.</p><p><blockquote>据路孚特称,分析师此前预测同期净利润为 16 亿美元。</blockquote></p><p><b>Group highlights </b></p><p><blockquote><b>集团亮点</b></blockquote></p><p><b>− Building on client connectivity through advice, solutions and thought leadership in a dynamic environment: </b></p><p><blockquote><b>− 在动态环境中通过建议、解决方案和思想领导力建立客户连接:</b></blockquote></p><p>Our clients continued to put their trust in us and benefitted from the full spectrum of our business mix and geographical diversification. This, together with favorable market conditions and investor sentiment, led to higher recurring revenues YoY, while strong client activity drove transaction income, as well as an increase in lending across our businesses.</p><p><blockquote>我们的客户继续信任我们,并受惠于我们全方位的业务组合及地域多元化。这一点,加上有利的市场条件和投资者情绪,导致经常性收入同比上升,而强劲的客户活动推动了交易收入以及我们所有业务的贷款增加。</blockquote></p><p><b>− 1Q21 financials: </b>PBT was USD 2,298m (up 14% YoY), including net credit loss releases of USD 28m. The cost/income ratio was 73.8%, 1.5 percentage points higher YoY. Operating income increased by 10% YoY, while operating expenses increased by 8%. Net profit attributable to shareholders was USD 1,824m (up 14% YoY), with diluted earnings per share of USD 0.49. Return on CET1 capital1 was 18.2%. The default by a US-based client of our prime brokerage business resulted in an impact on net profit attributable to shareholders of USD 434m.</p><p><blockquote><b>− 2021年第一季度金融:</b>PBT为22.98亿美元(同比增长14%),其中净信贷损失释放2800万美元。成本收入比为73.8%,同比上升1.5个百分点。经营利润同比增长10%,运营费用增长8%。归属于股东的净利润为18.24亿美元(同比增长14%),稀释每股收益为0.49美元。CET1 Capit1 的回报率为 18.2%。我们的主要经纪业务的美国客户违约导致股东应占净利润受到4.34亿美元的影响。</blockquote></p><p><b>− Our strong capital position supports growth and shareholder returns:</b> The quarter-end CET1 capital ratio was 14.0% (guidance: ~13%) and the CET1 leverage ratio was 3.89% (guidance: >3.7%), both up QoQ. We paid the 2020 ordinary dividend of USD 0.37 per share in April 2021 (USD 1.3bn) and we repurchased USD 1.1bn of shares year-todate. We will resume repurchasing shares shortly.</p><p><blockquote><b>− 我们强大的资本状况支持增长和股东回报:</b>季度末CET1资本比率为14.0%(指导:~13%),CET1杠杆率为3.89%(指导:>3.7%),均环比上升。我们于 2021 年 4 月支付了每股 0.37 美元(13 亿美元)的 2020 年普通股息,今年迄今已回购了 11 亿美元的股票。我们将很快恢复回购股份。</blockquote></p><p><b>− Unlocking the power of UBS:</b> We have unveiled our purpose statement: Reimagining the power of investing. Connecting people for a better world. Our purpose – together with our new strategic framework consisting of our vision, client promise, strategic imperatives, and sustainability commitments – maps out the next steps in our firm’s journey</p><p><blockquote><b>释放瑞银的力量:</b>我们已经公布了我们的宗旨声明:重新想象投资的力量。为了一个更美好的世界而连接人们。我们的宗旨——连同我们的新战略框架(包括我们的愿景、客户承诺、战略要务和可持续发展承诺)——勾勒出我们公司未来的发展历程</blockquote></p><p><b>Ralph Hamers, UBS’s CEO said: </b></p><p><blockquote><b>瑞银首席执行官拉尔夫-哈默斯(Ralph Hamers)表示:</b></blockquote></p><p>“In the first quarter of 2021, our clients benefited from our broad capabilities, geographic reach and connectivity. They continued to put their trust in us and looked to UBS for advice, solutions and thought leadership in a dynamic market environment. This was evidenced by the continued net inflows that helped our invested assets across wealth and asset management grow by over 100 billion dollars to 4.2 trillion. This, together with favorable market conditions and improved investor sentiment, contributed to positive results in the first quarter of 2021. All in all, we saw record activity across our client franchises, resulting in operating income being up 10%, profit before tax up 14%, and net profit attributable to shareholders up 14%, compared with the first quarter of 2020 which was strong in itself.</p><p><blockquote>“2021 年第一季度,我们的客户受益于我们广泛的能力、地理覆盖范围和连通性。他们继续信任我们,并在充满活力的市场环境中向瑞银寻求建议、解决方案和思想领导力。持续的净流入证明了这一点,这帮助我们在财富和资产管理领域的投资资产增长了 1000 多亿美元,达到 4.2 万亿美元。这一点,加上有利的市场条件和改善的投资者情绪,促成了2021年第一季度的积极业绩。总而言之,与 2020 年第一季度相比,我们的客户特许经营活动创历史新高,经营利润增长了 10%,税前利润增长了 14%,股东应占净利润增长了 14%,而 2020 年第一季度本身就表现强劲。</blockquote></p><p>However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident.</p><p><blockquote>然而,我们第一季度的业绩也考虑到了与单个美国大宗经纪客户违约相关的损失。我们显然都很失望,并非常认真地对待这件事。我们正对相关风险管理流程进行详细审查,并采取适当措施避免日后出现此类情况。这从未妨碍我们为客户服务的能力。我们仍然能够将CET1资本比率提高至14%,并实现18%的CET1资本回报率。我们的投资银行完全吸收了这一损失,但仍提供了13%的权益回报率,如果没有这一事件,这一回报率将超过30%。</blockquote></p><p>Our financial strength and ability to weather all seasons, together with our unique positioning as the largest truly global wealth manager, enable us to look to our future with confidence. In an ever-evolving world, we, too, must continue to improve and adapt. That’s why I’m proud to unveil our new strategy today. It all starts with our purpose, our why: Reimagining the power of investing. Connecting people for a better world.</p><p><blockquote>我们的财务实力和全天候能力,加上我们作为全球最大的真正财富管理公司的独特定位,使我们能够满怀信心地展望未来。在一个不断发展的世界里,我们也必须不断改进和适应。这就是为什么我今天很自豪地公布我们的新战略。这一切都始于我们的目的,我们的为什么:重新想象投资的力量。为了一个更美好的世界而连接人们。</blockquote></p><p><b>Outlook </b></p><p><blockquote><b>世界观</b></blockquote></p><p></p><p>Investor sentiment remained positive in the first quarter of 2021, helped by the strong rebound in economic activity and greater optimism regarding the further recovery, supported by mass COVID-19 vaccination campaigns around the globe. Significant fiscal stimulus, notably in the US, along with the prospect of continued accommodative monetary policy, contributed to generally more positive views on the timing and extent of a sustainable economic recovery.</p><p><blockquote>受惠于经济活动强劲反弹以及全球大规模新冠肺炎疫苗接种活动的支持,投资者对进一步复苏的乐观情绪在2021年第一季度保持乐观。显著的财政刺激措施,尤其是在美国,以及持续宽松货币政策的前景,促使人们普遍对可持续经济复苏的时间和程度持更积极的看法。</blockquote></p><p>However, economic, social, and geopolitical tensions remain, raising questions around the sustainability and shape of the recovery. Persistently high numbers of COVID-19 infections and hospitalizations, as well as lockdowns and similar measures imposed to control the pandemic, add to these existing concerns, as well as the severity and duration of the effects of the pandemic in certain economic sectors.</p><p><blockquote>然而,经济、社会和地缘政治紧张局势依然存在,引发了人们对复苏可持续性和形式的质疑。新冠肺炎感染和住院人数持续居高不下,以及为控制疫情而实施的封锁和类似措施,加剧了这些现有的担忧,以及疫情对某些经济部门影响的严重性和持续时间。</blockquote></p><p>Our clients value strength and expert guidance, particularly in these uncertain times, and we remain focused on supporting them with advice and solutions. We expect our revenues in the second quarter of 2021 to be influenced by seasonal factors, such as lower client activity compared with the first quarter of 2021. Higher asset prices should have a positive effect on recurring fee income in our asset gathering businesses. However, the continued uncertainty about the environment and economic recovery could affect both asset prices and client activity.</p><p><blockquote>我们的客户重视实力和专家指导,尤其是在这个不确定的时期,我们仍然专注于为他们提供建议和解决方案。我们预计 2021 年第二季度的收入将受到季节性因素的影响,例如与 2021 年第一季度相比客户活动减少。较高的资产价格将对我们资产收集业务的经常性费用收入产生正面影响。然而,环境和经济复苏的持续不确定性可能会影响资产价格和客户活动。</blockquote></p><p>With our balance sheet for all seasons and our diversified business model, UBS remains well positioned to drive sustainable long-term value for our clients and shareholders.</p><p><blockquote>凭借我们四季皆宜的资产负债表和多元化的业务模式,瑞银仍处于有利地位,能够为我们的客户和股东创造可持续的长期价值。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-27 13:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a hit to earnings from the scandal involving Archegos Capital.</p><p><blockquote>瑞银周二公布 2021 年第一季度净利润为 18 亿美元,透露 Archegos Capital 丑闻对盈利造成了打击。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4d55c6e9839c4187b6ae709649525b42\" tg-width=\"1003\" tg-height=\"699\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>“Our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously,” it said in a statement.</p><p><blockquote>“我们第一季度的业绩还考虑到了与一家美国大宗经纪客户违约有关的损失。我们显然都很失望,并非常重视此事,”该公司在一份声明中说。</blockquote></p><p>“A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”</p><p><blockquote>“我们正在对相关风险管理流程进行详细审查,并正在采取适当措施,以避免未来出现此类情况。”</blockquote></p><p>The bank said profit was $434 million lower as a result of the default.</p><p><blockquote>该银行表示,由于违约,利润减少了 4.34 亿美元。</blockquote></p><p>Analysts had forecast net income to come in at $1.6 billion over the period, according to Refinitiv.</p><p><blockquote>据路孚特称,分析师此前预测同期净利润为 16 亿美元。</blockquote></p><p><b>Group highlights </b></p><p><blockquote><b>集团亮点</b></blockquote></p><p><b>− Building on client connectivity through advice, solutions and thought leadership in a dynamic environment: </b></p><p><blockquote><b>− 在动态环境中通过建议、解决方案和思想领导力建立客户连接:</b></blockquote></p><p>Our clients continued to put their trust in us and benefitted from the full spectrum of our business mix and geographical diversification. This, together with favorable market conditions and investor sentiment, led to higher recurring revenues YoY, while strong client activity drove transaction income, as well as an increase in lending across our businesses.</p><p><blockquote>我们的客户继续信任我们,并受惠于我们全方位的业务组合及地域多元化。这一点,加上有利的市场条件和投资者情绪,导致经常性收入同比上升,而强劲的客户活动推动了交易收入以及我们所有业务的贷款增加。</blockquote></p><p><b>− 1Q21 financials: </b>PBT was USD 2,298m (up 14% YoY), including net credit loss releases of USD 28m. The cost/income ratio was 73.8%, 1.5 percentage points higher YoY. Operating income increased by 10% YoY, while operating expenses increased by 8%. Net profit attributable to shareholders was USD 1,824m (up 14% YoY), with diluted earnings per share of USD 0.49. Return on CET1 capital1 was 18.2%. The default by a US-based client of our prime brokerage business resulted in an impact on net profit attributable to shareholders of USD 434m.</p><p><blockquote><b>− 2021年第一季度金融:</b>PBT为22.98亿美元(同比增长14%),其中净信贷损失释放2800万美元。成本收入比为73.8%,同比上升1.5个百分点。经营利润同比增长10%,运营费用增长8%。归属于股东的净利润为18.24亿美元(同比增长14%),稀释每股收益为0.49美元。CET1 Capit1 的回报率为 18.2%。我们的主要经纪业务的美国客户违约导致股东应占净利润受到4.34亿美元的影响。</blockquote></p><p><b>− Our strong capital position supports growth and shareholder returns:</b> The quarter-end CET1 capital ratio was 14.0% (guidance: ~13%) and the CET1 leverage ratio was 3.89% (guidance: >3.7%), both up QoQ. We paid the 2020 ordinary dividend of USD 0.37 per share in April 2021 (USD 1.3bn) and we repurchased USD 1.1bn of shares year-todate. We will resume repurchasing shares shortly.</p><p><blockquote><b>− 我们强大的资本状况支持增长和股东回报:</b>季度末CET1资本比率为14.0%(指导:~13%),CET1杠杆率为3.89%(指导:>3.7%),均环比上升。我们于 2021 年 4 月支付了每股 0.37 美元(13 亿美元)的 2020 年普通股息,今年迄今已回购了 11 亿美元的股票。我们将很快恢复回购股份。</blockquote></p><p><b>− Unlocking the power of UBS:</b> We have unveiled our purpose statement: Reimagining the power of investing. Connecting people for a better world. Our purpose – together with our new strategic framework consisting of our vision, client promise, strategic imperatives, and sustainability commitments – maps out the next steps in our firm’s journey</p><p><blockquote><b>释放瑞银的力量:</b>我们已经公布了我们的宗旨声明:重新想象投资的力量。为了一个更美好的世界而连接人们。我们的宗旨——连同我们的新战略框架(包括我们的愿景、客户承诺、战略要务和可持续发展承诺)——勾勒出我们公司未来的发展历程</blockquote></p><p><b>Ralph Hamers, UBS’s CEO said: </b></p><p><blockquote><b>瑞银首席执行官拉尔夫-哈默斯(Ralph Hamers)表示:</b></blockquote></p><p>“In the first quarter of 2021, our clients benefited from our broad capabilities, geographic reach and connectivity. They continued to put their trust in us and looked to UBS for advice, solutions and thought leadership in a dynamic market environment. This was evidenced by the continued net inflows that helped our invested assets across wealth and asset management grow by over 100 billion dollars to 4.2 trillion. This, together with favorable market conditions and improved investor sentiment, contributed to positive results in the first quarter of 2021. All in all, we saw record activity across our client franchises, resulting in operating income being up 10%, profit before tax up 14%, and net profit attributable to shareholders up 14%, compared with the first quarter of 2020 which was strong in itself.</p><p><blockquote>“2021 年第一季度,我们的客户受益于我们广泛的能力、地理覆盖范围和连通性。他们继续信任我们,并在充满活力的市场环境中向瑞银寻求建议、解决方案和思想领导力。持续的净流入证明了这一点,这帮助我们在财富和资产管理领域的投资资产增长了 1000 多亿美元,达到 4.2 万亿美元。这一点,加上有利的市场条件和改善的投资者情绪,促成了2021年第一季度的积极业绩。总而言之,与 2020 年第一季度相比,我们的客户特许经营活动创历史新高,经营利润增长了 10%,税前利润增长了 14%,股东应占净利润增长了 14%,而 2020 年第一季度本身就表现强劲。</blockquote></p><p>However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident.</p><p><blockquote>然而,我们第一季度的业绩也考虑到了与单个美国大宗经纪客户违约相关的损失。我们显然都很失望,并非常认真地对待这件事。我们正对相关风险管理流程进行详细审查,并采取适当措施避免日后出现此类情况。这从未妨碍我们为客户服务的能力。我们仍然能够将CET1资本比率提高至14%,并实现18%的CET1资本回报率。我们的投资银行完全吸收了这一损失,但仍提供了13%的权益回报率,如果没有这一事件,这一回报率将超过30%。</blockquote></p><p>Our financial strength and ability to weather all seasons, together with our unique positioning as the largest truly global wealth manager, enable us to look to our future with confidence. In an ever-evolving world, we, too, must continue to improve and adapt. That’s why I’m proud to unveil our new strategy today. It all starts with our purpose, our why: Reimagining the power of investing. Connecting people for a better world.</p><p><blockquote>我们的财务实力和全天候能力,加上我们作为全球最大的真正财富管理公司的独特定位,使我们能够满怀信心地展望未来。在一个不断发展的世界里,我们也必须不断改进和适应。这就是为什么我今天很自豪地公布我们的新战略。这一切都始于我们的目的,我们的为什么:重新想象投资的力量。为了一个更美好的世界而连接人们。</blockquote></p><p><b>Outlook </b></p><p><blockquote><b>世界观</b></blockquote></p><p></p><p>Investor sentiment remained positive in the first quarter of 2021, helped by the strong rebound in economic activity and greater optimism regarding the further recovery, supported by mass COVID-19 vaccination campaigns around the globe. Significant fiscal stimulus, notably in the US, along with the prospect of continued accommodative monetary policy, contributed to generally more positive views on the timing and extent of a sustainable economic recovery.</p><p><blockquote>受惠于经济活动强劲反弹以及全球大规模新冠肺炎疫苗接种活动的支持,投资者对进一步复苏的乐观情绪在2021年第一季度保持乐观。显著的财政刺激措施,尤其是在美国,以及持续宽松货币政策的前景,促使人们普遍对可持续经济复苏的时间和程度持更积极的看法。</blockquote></p><p>However, economic, social, and geopolitical tensions remain, raising questions around the sustainability and shape of the recovery. Persistently high numbers of COVID-19 infections and hospitalizations, as well as lockdowns and similar measures imposed to control the pandemic, add to these existing concerns, as well as the severity and duration of the effects of the pandemic in certain economic sectors.</p><p><blockquote>然而,经济、社会和地缘政治紧张局势依然存在,引发了人们对复苏可持续性和形式的质疑。新冠肺炎感染和住院人数持续居高不下,以及为控制疫情而实施的封锁和类似措施,加剧了这些现有的担忧,以及疫情对某些经济部门影响的严重性和持续时间。</blockquote></p><p>Our clients value strength and expert guidance, particularly in these uncertain times, and we remain focused on supporting them with advice and solutions. We expect our revenues in the second quarter of 2021 to be influenced by seasonal factors, such as lower client activity compared with the first quarter of 2021. Higher asset prices should have a positive effect on recurring fee income in our asset gathering businesses. However, the continued uncertainty about the environment and economic recovery could affect both asset prices and client activity.</p><p><blockquote>我们的客户重视实力和专家指导,尤其是在这个不确定的时期,我们仍然专注于为他们提供建议和解决方案。我们预计 2021 年第二季度的收入将受到季节性因素的影响,例如与 2021 年第一季度相比客户活动减少。较高的资产价格将对我们资产收集业务的经常性费用收入产生正面影响。然而,环境和经济复苏的持续不确定性可能会影响资产价格和客户活动。</blockquote></p><p>With our balance sheet for all seasons and our diversified business model, UBS remains well positioned to drive sustainable long-term value for our clients and shareholders.</p><p><blockquote>凭借我们四季皆宜的资产负债表和多元化的业务模式,瑞银仍处于有利地位,能够为我们的客户和股东创造可持续的长期价值。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192544330","content_text":"UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a hit to earnings from the scandal involving Archegos Capital.“Our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously,” it said in a statement.“A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”The bank said profit was $434 million lower as a result of the default.Analysts had forecast net income to come in at $1.6 billion over the period, according to Refinitiv.Group highlights − Building on client connectivity through advice, solutions and thought leadership in a dynamic environment: Our clients continued to put their trust in us and benefitted from the full spectrum of our business mix and geographical diversification. This, together with favorable market conditions and investor sentiment, led to higher recurring revenues YoY, while strong client activity drove transaction income, as well as an increase in lending across our businesses.− 1Q21 financials: PBT was USD 2,298m (up 14% YoY), including net credit loss releases of USD 28m. The cost/income ratio was 73.8%, 1.5 percentage points higher YoY. Operating income increased by 10% YoY, while operating expenses increased by 8%. Net profit attributable to shareholders was USD 1,824m (up 14% YoY), with diluted earnings per share of USD 0.49. Return on CET1 capital1 was 18.2%. The default by a US-based client of our prime brokerage business resulted in an impact on net profit attributable to shareholders of USD 434m.− Our strong capital position supports growth and shareholder returns: The quarter-end CET1 capital ratio was 14.0% (guidance: ~13%) and the CET1 leverage ratio was 3.89% (guidance: >3.7%), both up QoQ. We paid the 2020 ordinary dividend of USD 0.37 per share in April 2021 (USD 1.3bn) and we repurchased USD 1.1bn of shares year-todate. We will resume repurchasing shares shortly.− Unlocking the power of UBS: We have unveiled our purpose statement: Reimagining the power of investing. Connecting people for a better world. Our purpose – together with our new strategic framework consisting of our vision, client promise, strategic imperatives, and sustainability commitments – maps out the next steps in our firm’s journeyRalph Hamers, UBS’s CEO said: “In the first quarter of 2021, our clients benefited from our broad capabilities, geographic reach and connectivity. They continued to put their trust in us and looked to UBS for advice, solutions and thought leadership in a dynamic market environment. This was evidenced by the continued net inflows that helped our invested assets across wealth and asset management grow by over 100 billion dollars to 4.2 trillion. This, together with favorable market conditions and improved investor sentiment, contributed to positive results in the first quarter of 2021. All in all, we saw record activity across our client franchises, resulting in operating income being up 10%, profit before tax up 14%, and net profit attributable to shareholders up 14%, compared with the first quarter of 2020 which was strong in itself.However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident.Our financial strength and ability to weather all seasons, together with our unique positioning as the largest truly global wealth manager, enable us to look to our future with confidence. In an ever-evolving world, we, too, must continue to improve and adapt. That’s why I’m proud to unveil our new strategy today. It all starts with our purpose, our why: Reimagining the power of investing. Connecting people for a better world.Outlook Investor sentiment remained positive in the first quarter of 2021, helped by the strong rebound in economic activity and greater optimism regarding the further recovery, supported by mass COVID-19 vaccination campaigns around the globe. Significant fiscal stimulus, notably in the US, along with the prospect of continued accommodative monetary policy, contributed to generally more positive views on the timing and extent of a sustainable economic recovery.However, economic, social, and geopolitical tensions remain, raising questions around the sustainability and shape of the recovery. Persistently high numbers of COVID-19 infections and hospitalizations, as well as lockdowns and similar measures imposed to control the pandemic, add to these existing concerns, as well as the severity and duration of the effects of the pandemic in certain economic sectors.Our clients value strength and expert guidance, particularly in these uncertain times, and we remain focused on supporting them with advice and solutions. We expect our revenues in the second quarter of 2021 to be influenced by seasonal factors, such as lower client activity compared with the first quarter of 2021. Higher asset prices should have a positive effect on recurring fee income in our asset gathering businesses. However, the continued uncertainty about the environment and economic recovery could affect both asset prices and client activity.With our balance sheet for all seasons and our diversified business model, UBS remains well positioned to drive sustainable long-term value for our clients and shareholders.","news_type":1,"symbols_score_info":{"UBS":0.9}},"isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":100873882,"gmtCreate":1619604061446,"gmtModify":1634211416589,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>发!","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>发!","text":"$Pfizer(PFE)$发!","images":[{"img":"https://static.tigerbbs.com/b1af6caa2c27140e6d369aa0c6a8174b","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100873882","isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":377197665,"gmtCreate":1619502929957,"gmtModify":1634212210863,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"Bravo!!!","listText":"Bravo!!!","text":"Bravo!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/377197665","repostId":"1155157199","repostType":4,"repost":{"id":"1155157199","kind":"news","pubTimestamp":1619494851,"share":"https://www.laohunote.com/m/news/1155157199?lang=zh_CN&edition=full","pubTime":"2021-04-27 11:40","market":"us","language":"en","title":"Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155157199","media":"Barrons","summary":"Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.J.P. Mo","content":"<p>Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.</p><p><blockquote>华尔街预计微软将在周二收盘后公布 3 月份季度数据时公布强劲的财务业绩。</blockquote></p><p>The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.</p><p><blockquote>分析师一致预测营收为 410 亿美元,同比增长 17%,每股收益为 1.78 美元。周一,微软股价创下 262.44 美元的盘中纪录,该股距离首次触及 2 万亿美元估值仅一步之遥。要实现这一目标,该股需要上涨至 264.55 美元。</blockquote></p><p>The shares have gained 18% year to date.</p><p><blockquote>今年迄今为止,该股已上涨 18%。</blockquote></p><p>Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. </p><p><blockquote>分析师预计该公司的 Azure 和 Office 365 云业务将在本季度再次表现强劲,并将寻找企业运营加速增长的迹象。鉴于最近 PC 购买量的巨大增长,Surface 硬件(笔记本电脑和白板)的销售可能会在本季度强劲,尽管组件短缺可能会导致需求未满足。个人电脑市场的强劲也预示着Windows操作系统的销售。</blockquote></p><p>Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.</p><p><blockquote>微软将其业绩分为三个部分:生产力和业务流程,包括Office 365、Dynamics和LinkedIn;智能云,其中包括Azure和企业服务器软件;以及更多的个人计算,包括Windows、Xbox、Surface硬件和Bing。</blockquote></p><p>When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.</p><p><blockquote>当微软在 1 月底公布第二财季业绩时,首席财务官 Amy Hood 提供了每个部门的收入指导。对于生产力和业务流程,她预计收入为 133.5 亿至 136 亿美元。智能云的看涨期权是收入为147亿至149.5亿美元,而她预测更多个人计算的收入为123亿至127亿美元。如果每个部门的收入达到预测范围的顶部,总收入将达到 412.5 亿美元。</blockquote></p><p>In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.</p><p><blockquote>在研究报告中,几位分析师引用了客户和经销商的积极评价,预计业绩将强劲。</blockquote></p><p>Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.</p><p><blockquote>上周,KeyBanc Capital 的 Michael Turits 重申了对该股的跑赢大盘评级,同时将目标价从 280 美元上调至 295 美元。他表示,该公司可能受益于强劲的 IT 需求和个人电脑出货量的持续强劲。</blockquote></p><p>“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”</p><p><blockquote>“他写道:”我们继续看到微软扩大 Azure 范围、广泛的企业应用创新和积极的捆绑组合在市场上取得成功。“我们采访过的几乎所有北美微软分销商/经销商都报告说,微软渠道收入达到或超过了计划”。</blockquote></p><p>J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.</p><p><blockquote>摩根大通分析师 Mark Murphy 在自己对微软产品经销商进行的最新调查中对前景感到鼓舞。他说,在企业需求改善的推动下,这些公司的微软商品季度销售额平均比预期高出 3.3%。他报告了公司整个企业产品线的实力,Azure、Teams、Office 365 和安全产品等领域都取得了增长。Murphy 对跑赢大盘微软的评级,并将股价目标定为 245 美元。</blockquote></p><p>Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.</p><p><blockquote>Wedbush 分析师丹-艾夫斯(Dan Ives)预测,在 Azure 至少增长 45% 的推动下,“又一个杰作季度”,他认为 Azure 正在从亚马逊网络服务手中夺走市场份额。他说,当前的在家办公环境鼓励更多企业向基于云的运营做出战略举措,“微软全面展开,Azure 的增长依然强劲”。他维持跑赢大盘评级,目标股价为300美元。</blockquote></p><p>Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.” </p><p><blockquote>花旗分析师泰勒-拉德克(Tyler Radke)上周重申了对微软股票的买入评级,将目标价从 292 美元上调至 302 美元,并在业绩公布前对该股进行了 “积极催化剂观察”。他写道,对经销商的调查和渠道检查相结合,让他更有信心微软能够推动所有三个主要业务部门的收入,消费者和企业对个人电脑的需求都很强劲,服务器软件的强劲升级活动也很活跃,Azure 也因 “企业消费持续强劲增长 ”而持续强劲。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.<blockquote>微软市值接近2万亿美元。收益将于周二公布。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-04-27 11:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.</p><p><blockquote>华尔街预计微软将在周二收盘后公布 3 月份季度数据时公布强劲的财务业绩。</blockquote></p><p>The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.</p><p><blockquote>分析师一致预测营收为 410 亿美元,同比增长 17%,每股收益为 1.78 美元。周一,微软股价创下 262.44 美元的盘中纪录,该股距离首次触及 2 万亿美元估值仅一步之遥。要实现这一目标,该股需要上涨至 264.55 美元。</blockquote></p><p>The shares have gained 18% year to date.</p><p><blockquote>今年迄今为止,该股已上涨 18%。</blockquote></p><p>Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. </p><p><blockquote>分析师预计该公司的 Azure 和 Office 365 云业务将在本季度再次表现强劲,并将寻找企业运营加速增长的迹象。鉴于最近 PC 购买量的巨大增长,Surface 硬件(笔记本电脑和白板)的销售可能会在本季度强劲,尽管组件短缺可能会导致需求未满足。个人电脑市场的强劲也预示着Windows操作系统的销售。</blockquote></p><p>Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.</p><p><blockquote>微软将其业绩分为三个部分:生产力和业务流程,包括Office 365、Dynamics和LinkedIn;智能云,其中包括Azure和企业服务器软件;以及更多的个人计算,包括Windows、Xbox、Surface硬件和Bing。</blockquote></p><p>When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.</p><p><blockquote>当微软在 1 月底公布第二财季业绩时,首席财务官 Amy Hood 提供了每个部门的收入指导。对于生产力和业务流程,她预计收入为 133.5 亿至 136 亿美元。智能云的看涨期权是收入为147亿至149.5亿美元,而她预测更多个人计算的收入为123亿至127亿美元。如果每个部门的收入达到预测范围的顶部,总收入将达到 412.5 亿美元。</blockquote></p><p>In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.</p><p><blockquote>在研究报告中,几位分析师引用了客户和经销商的积极评价,预计业绩将强劲。</blockquote></p><p>Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.</p><p><blockquote>上周,KeyBanc Capital 的 Michael Turits 重申了对该股的跑赢大盘评级,同时将目标价从 280 美元上调至 295 美元。他表示,该公司可能受益于强劲的 IT 需求和个人电脑出货量的持续强劲。</blockquote></p><p>“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”</p><p><blockquote>“他写道:”我们继续看到微软扩大 Azure 范围、广泛的企业应用创新和积极的捆绑组合在市场上取得成功。“我们采访过的几乎所有北美微软分销商/经销商都报告说,微软渠道收入达到或超过了计划”。</blockquote></p><p>J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.</p><p><blockquote>摩根大通分析师 Mark Murphy 在自己对微软产品经销商进行的最新调查中对前景感到鼓舞。他说,在企业需求改善的推动下,这些公司的微软商品季度销售额平均比预期高出 3.3%。他报告了公司整个企业产品线的实力,Azure、Teams、Office 365 和安全产品等领域都取得了增长。Murphy 对跑赢大盘微软的评级,并将股价目标定为 245 美元。</blockquote></p><p>Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.</p><p><blockquote>Wedbush 分析师丹-艾夫斯(Dan Ives)预测,在 Azure 至少增长 45% 的推动下,“又一个杰作季度”,他认为 Azure 正在从亚马逊网络服务手中夺走市场份额。他说,当前的在家办公环境鼓励更多企业向基于云的运营做出战略举措,“微软全面展开,Azure 的增长依然强劲”。他维持跑赢大盘评级,目标股价为300美元。</blockquote></p><p>Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.” </p><p><blockquote>花旗分析师泰勒-拉德克(Tyler Radke)上周重申了对微软股票的买入评级,将目标价从 292 美元上调至 302 美元,并在业绩公布前对该股进行了 “积极催化剂观察”。他写道,对经销商的调查和渠道检查相结合,让他更有信心微软能够推动所有三个主要业务部门的收入,消费者和企业对个人电脑的需求都很强劲,服务器软件的强劲升级活动也很活跃,Azure 也因 “企业消费持续强劲增长 ”而持续强劲。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155157199","content_text":"Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.The shares have gained 18% year to date.Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.”","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100364390,"gmtCreate":1619582148910,"gmtModify":1631887273667,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FDX\">$FedEx(FDX)$</a>好样的呢!","listText":"<a href=\"https://laohu8.com/S/FDX\">$FedEx(FDX)$</a>好样的呢!","text":"$FedEx(FDX)$好样的呢!","images":[{"img":"https://static.tigerbbs.com/7edc59b929e60a2d645c0cd0ac26ec5c","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100364390","isVote":1,"tweetType":1,"viewCount":1208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":100379568,"gmtCreate":1619584927354,"gmtModify":1634211544283,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"买呀![Cool] ","listText":"买呀![Cool] ","text":"买呀![Cool]","images":[{"img":"https://static.tigerbbs.com/52b7a5e238056a1eb23229bfad19b4ee","width":"1125","height":"3213"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100379568","isVote":1,"tweetType":1,"viewCount":854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":377130723,"gmtCreate":1619503037962,"gmtModify":1634212209670,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"Spiking up[Cool] ","listText":"Spiking up[Cool] ","text":"Spiking up[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377130723","repostId":"1171287635","repostType":4,"repost":{"id":"1171287635","kind":"news","pubTimestamp":1619493616,"share":"https://www.laohunote.com/m/news/1171287635?lang=zh_CN&edition=full","pubTime":"2021-04-27 11:20","market":"us","language":"en","title":"California bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171287635","media":"renaissancecap...","summary":"Five Star Bancorp, a California bank with seven branches and two loan production offices, announced ","content":"<p>Five Star Bancorp, a California bank with seven branches and two loan production offices, announced terms for its IPO on Monday.</p><p><blockquote>拥有七家分行和两个贷款生产办公室的加州银行五星银行周一宣布了其首次公开募股的条款。</blockquote></p><p> The Rancho Cordova, CA-based company plans to raise $100 million by offering 5.3 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Five Star Bancorp would command a market value of $309 million.</p><p><blockquote>这家总部位于加利福尼亚州兰乔科尔多瓦的公司计划以 18 至 20 美元的价格发行 530 万股股票,筹集 1 亿美元。在拟议范围的中点,五星银行的市值将达到 3.09 亿美元。</blockquote></p><p> Five Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices. As of December 31, 2020, the company had total assets of $2.0 billion, total loans of $1.5 billion, and total deposits of $1.8 billion.</p><p><blockquote>五星银行是一家州特许银行,为中小企业、专业和个人客户提供一系列银行产品和服务。该公司通过其七个分支机构和两个贷款生产办事处在北加州开展业务。截至2020年12月31日,该公司总资产20亿美元,贷款总额15亿美元,存款总额18亿美元。</blockquote></p><p> Five Star Bancorp was founded in 1999 and booked $75 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Keefe Bruyette Woods is the sole bookrunner on the deal. It is expected to price during the week of May 3, 2021.</p><p><blockquote>五星银行成立于1999年,截至2020年12月31日的12个月销售额为7500万美元。它计划在纳斯达克上市,股票代码为 FSBC。基夫·布鲁耶特·伍兹是这笔交易的唯一账簿管理人。预计将于2021年5月3日当周定价。</blockquote></p><p></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>California bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCalifornia bank Five Star Bancorp sets terms for $100 million IPO<blockquote>加州银行五星银行设定 1 亿美元 IPO 条款</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-04-27 11:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Five Star Bancorp, a California bank with seven branches and two loan production offices, announced terms for its IPO on Monday.</p><p><blockquote>拥有七家分行和两个贷款生产办公室的加州银行五星银行周一宣布了其首次公开募股的条款。</blockquote></p><p> The Rancho Cordova, CA-based company plans to raise $100 million by offering 5.3 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Five Star Bancorp would command a market value of $309 million.</p><p><blockquote>这家总部位于加利福尼亚州兰乔科尔多瓦的公司计划以 18 至 20 美元的价格发行 530 万股股票,筹集 1 亿美元。在拟议范围的中点,五星银行的市值将达到 3.09 亿美元。</blockquote></p><p> Five Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices. As of December 31, 2020, the company had total assets of $2.0 billion, total loans of $1.5 billion, and total deposits of $1.8 billion.</p><p><blockquote>五星银行是一家州特许银行,为中小企业、专业和个人客户提供一系列银行产品和服务。该公司通过其七个分支机构和两个贷款生产办事处在北加州开展业务。截至2020年12月31日,该公司总资产20亿美元,贷款总额15亿美元,存款总额18亿美元。</blockquote></p><p> Five Star Bancorp was founded in 1999 and booked $75 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Keefe Bruyette Woods is the sole bookrunner on the deal. It is expected to price during the week of May 3, 2021.</p><p><blockquote>五星银行成立于1999年,截至2020年12月31日的12个月销售额为7500万美元。它计划在纳斯达克上市,股票代码为 FSBC。基夫·布鲁耶特·伍兹是这笔交易的唯一账簿管理人。预计将于2021年5月3日当周定价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.renaissancecapital.com/IPO-Center/News/81155/California-bank-Five-Star-Bancorp-sets-terms-for-$100-million-IPO\">renaissancecap...</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSBC":"Five Star Bancorp"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/81155/California-bank-Five-Star-Bancorp-sets-terms-for-$100-million-IPO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171287635","content_text":"Five Star Bancorp, a California bank with seven branches and two loan production offices, announced terms for its IPO on Monday.\nThe Rancho Cordova, CA-based company plans to raise $100 million by offering 5.3 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Five Star Bancorp would command a market value of $309 million.\nFive Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices. As of December 31, 2020, the company had total assets of $2.0 billion, total loans of $1.5 billion, and total deposits of $1.8 billion.\nFive Star Bancorp was founded in 1999 and booked $75 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Keefe Bruyette Woods is the sole bookrunner on the deal. It is expected to price during the week of May 3, 2021.","news_type":1,"symbols_score_info":{"FSBC":0.9}},"isVote":1,"tweetType":1,"viewCount":918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377199309,"gmtCreate":1619502405901,"gmtModify":1634212216810,"author":{"id":"3582245116949374","authorId":"3582245116949374","name":"Liewje86","avatar":"https://static.tigerbbs.com/c56c80182fcb2599915107a4389fd339","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582245116949374","authorIdStr":"3582245116949374"},"themes":[],"title":"","htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377199309","repostId":"1192544330","repostType":4,"repost":{"id":"1192544330","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619499768,"share":"https://www.laohunote.com/m/news/1192544330?lang=zh_CN&edition=full","pubTime":"2021-04-27 13:02","market":"us","language":"en","title":"UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192544330","media":"Tiger Newspress","summary":"UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a h","content":"<p>UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a hit to earnings from the scandal involving Archegos Capital.</p><p><blockquote>瑞银周二公布 2021 年第一季度净利润为 18 亿美元,透露 Archegos Capital 丑闻对盈利造成了打击。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4d55c6e9839c4187b6ae709649525b42\" tg-width=\"1003\" tg-height=\"699\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>“Our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously,” it said in a statement.</p><p><blockquote>“我们第一季度的业绩还考虑到了与一家美国大宗经纪客户违约有关的损失。我们显然都很失望,并非常重视此事,”该公司在一份声明中说。</blockquote></p><p>“A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”</p><p><blockquote>“我们正在对相关风险管理流程进行详细审查,并正在采取适当措施,以避免未来出现此类情况。”</blockquote></p><p>The bank said profit was $434 million lower as a result of the default.</p><p><blockquote>该银行表示,由于违约,利润减少了 4.34 亿美元。</blockquote></p><p>Analysts had forecast net income to come in at $1.6 billion over the period, according to Refinitiv.</p><p><blockquote>据路孚特称,分析师此前预测同期净利润为 16 亿美元。</blockquote></p><p><b>Group highlights </b></p><p><blockquote><b>集团亮点</b></blockquote></p><p><b>− Building on client connectivity through advice, solutions and thought leadership in a dynamic environment: </b></p><p><blockquote><b>− 在动态环境中通过建议、解决方案和思想领导力建立客户连接:</b></blockquote></p><p>Our clients continued to put their trust in us and benefitted from the full spectrum of our business mix and geographical diversification. This, together with favorable market conditions and investor sentiment, led to higher recurring revenues YoY, while strong client activity drove transaction income, as well as an increase in lending across our businesses.</p><p><blockquote>我们的客户继续信任我们,并受惠于我们全方位的业务组合及地域多元化。这一点,加上有利的市场条件和投资者情绪,导致经常性收入同比上升,而强劲的客户活动推动了交易收入以及我们所有业务的贷款增加。</blockquote></p><p><b>− 1Q21 financials: </b>PBT was USD 2,298m (up 14% YoY), including net credit loss releases of USD 28m. The cost/income ratio was 73.8%, 1.5 percentage points higher YoY. Operating income increased by 10% YoY, while operating expenses increased by 8%. Net profit attributable to shareholders was USD 1,824m (up 14% YoY), with diluted earnings per share of USD 0.49. Return on CET1 capital1 was 18.2%. The default by a US-based client of our prime brokerage business resulted in an impact on net profit attributable to shareholders of USD 434m.</p><p><blockquote><b>− 2021年第一季度金融:</b>PBT为22.98亿美元(同比增长14%),其中净信贷损失释放2800万美元。成本收入比为73.8%,同比上升1.5个百分点。经营利润同比增长10%,运营费用增长8%。归属于股东的净利润为18.24亿美元(同比增长14%),稀释每股收益为0.49美元。CET1 Capit1 的回报率为 18.2%。我们的主要经纪业务的美国客户违约导致股东应占净利润受到4.34亿美元的影响。</blockquote></p><p><b>− Our strong capital position supports growth and shareholder returns:</b> The quarter-end CET1 capital ratio was 14.0% (guidance: ~13%) and the CET1 leverage ratio was 3.89% (guidance: >3.7%), both up QoQ. We paid the 2020 ordinary dividend of USD 0.37 per share in April 2021 (USD 1.3bn) and we repurchased USD 1.1bn of shares year-todate. We will resume repurchasing shares shortly.</p><p><blockquote><b>− 我们强大的资本状况支持增长和股东回报:</b>季度末CET1资本比率为14.0%(指导:~13%),CET1杠杆率为3.89%(指导:>3.7%),均环比上升。我们于 2021 年 4 月支付了每股 0.37 美元(13 亿美元)的 2020 年普通股息,今年迄今已回购了 11 亿美元的股票。我们将很快恢复回购股份。</blockquote></p><p><b>− Unlocking the power of UBS:</b> We have unveiled our purpose statement: Reimagining the power of investing. Connecting people for a better world. Our purpose – together with our new strategic framework consisting of our vision, client promise, strategic imperatives, and sustainability commitments – maps out the next steps in our firm’s journey</p><p><blockquote><b>释放瑞银的力量:</b>我们已经公布了我们的宗旨声明:重新想象投资的力量。为了一个更美好的世界而连接人们。我们的宗旨——连同我们的新战略框架(包括我们的愿景、客户承诺、战略要务和可持续发展承诺)——勾勒出我们公司未来的发展历程</blockquote></p><p><b>Ralph Hamers, UBS’s CEO said: </b></p><p><blockquote><b>瑞银首席执行官拉尔夫-哈默斯(Ralph Hamers)表示:</b></blockquote></p><p>“In the first quarter of 2021, our clients benefited from our broad capabilities, geographic reach and connectivity. They continued to put their trust in us and looked to UBS for advice, solutions and thought leadership in a dynamic market environment. This was evidenced by the continued net inflows that helped our invested assets across wealth and asset management grow by over 100 billion dollars to 4.2 trillion. This, together with favorable market conditions and improved investor sentiment, contributed to positive results in the first quarter of 2021. All in all, we saw record activity across our client franchises, resulting in operating income being up 10%, profit before tax up 14%, and net profit attributable to shareholders up 14%, compared with the first quarter of 2020 which was strong in itself.</p><p><blockquote>“2021 年第一季度,我们的客户受益于我们广泛的能力、地理覆盖范围和连通性。他们继续信任我们,并在充满活力的市场环境中向瑞银寻求建议、解决方案和思想领导力。持续的净流入证明了这一点,这帮助我们在财富和资产管理领域的投资资产增长了 1000 多亿美元,达到 4.2 万亿美元。这一点,加上有利的市场条件和改善的投资者情绪,促成了2021年第一季度的积极业绩。总而言之,与 2020 年第一季度相比,我们的客户特许经营活动创历史新高,经营利润增长了 10%,税前利润增长了 14%,股东应占净利润增长了 14%,而 2020 年第一季度本身就表现强劲。</blockquote></p><p>However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident.</p><p><blockquote>然而,我们第一季度的业绩也考虑到了与单个美国大宗经纪客户违约相关的损失。我们显然都很失望,并非常认真地对待这件事。我们正对相关风险管理流程进行详细审查,并采取适当措施避免日后出现此类情况。这从未妨碍我们为客户服务的能力。我们仍然能够将CET1资本比率提高至14%,并实现18%的CET1资本回报率。我们的投资银行完全吸收了这一损失,但仍提供了13%的权益回报率,如果没有这一事件,这一回报率将超过30%。</blockquote></p><p>Our financial strength and ability to weather all seasons, together with our unique positioning as the largest truly global wealth manager, enable us to look to our future with confidence. In an ever-evolving world, we, too, must continue to improve and adapt. That’s why I’m proud to unveil our new strategy today. It all starts with our purpose, our why: Reimagining the power of investing. Connecting people for a better world.</p><p><blockquote>我们的财务实力和全天候能力,加上我们作为全球最大的真正财富管理公司的独特定位,使我们能够满怀信心地展望未来。在一个不断发展的世界里,我们也必须不断改进和适应。这就是为什么我今天很自豪地公布我们的新战略。这一切都始于我们的目的,我们的为什么:重新想象投资的力量。为了一个更美好的世界而连接人们。</blockquote></p><p><b>Outlook </b></p><p><blockquote><b>世界观</b></blockquote></p><p></p><p>Investor sentiment remained positive in the first quarter of 2021, helped by the strong rebound in economic activity and greater optimism regarding the further recovery, supported by mass COVID-19 vaccination campaigns around the globe. Significant fiscal stimulus, notably in the US, along with the prospect of continued accommodative monetary policy, contributed to generally more positive views on the timing and extent of a sustainable economic recovery.</p><p><blockquote>受惠于经济活动强劲反弹以及全球大规模新冠肺炎疫苗接种活动的支持,投资者对进一步复苏的乐观情绪在2021年第一季度保持乐观。显著的财政刺激措施,尤其是在美国,以及持续宽松货币政策的前景,促使人们普遍对可持续经济复苏的时间和程度持更积极的看法。</blockquote></p><p>However, economic, social, and geopolitical tensions remain, raising questions around the sustainability and shape of the recovery. Persistently high numbers of COVID-19 infections and hospitalizations, as well as lockdowns and similar measures imposed to control the pandemic, add to these existing concerns, as well as the severity and duration of the effects of the pandemic in certain economic sectors.</p><p><blockquote>然而,经济、社会和地缘政治紧张局势依然存在,引发了人们对复苏可持续性和形式的质疑。新冠肺炎感染和住院人数持续居高不下,以及为控制疫情而实施的封锁和类似措施,加剧了这些现有的担忧,以及疫情对某些经济部门影响的严重性和持续时间。</blockquote></p><p>Our clients value strength and expert guidance, particularly in these uncertain times, and we remain focused on supporting them with advice and solutions. We expect our revenues in the second quarter of 2021 to be influenced by seasonal factors, such as lower client activity compared with the first quarter of 2021. Higher asset prices should have a positive effect on recurring fee income in our asset gathering businesses. However, the continued uncertainty about the environment and economic recovery could affect both asset prices and client activity.</p><p><blockquote>我们的客户重视实力和专家指导,尤其是在这个不确定的时期,我们仍然专注于为他们提供建议和解决方案。我们预计 2021 年第二季度的收入将受到季节性因素的影响,例如与 2021 年第一季度相比客户活动减少。较高的资产价格将对我们资产收集业务的经常性费用收入产生正面影响。然而,环境和经济复苏的持续不确定性可能会影响资产价格和客户活动。</blockquote></p><p>With our balance sheet for all seasons and our diversified business model, UBS remains well positioned to drive sustainable long-term value for our clients and shareholders.</p><p><blockquote>凭借我们四季皆宜的资产负债表和多元化的业务模式,瑞银仍处于有利地位,能够为我们的客户和股东创造可持续的长期价值。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion<blockquote>瑞银报告第一季度净利润为 18 亿美元,受到 Archegos 丑闻的打击</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-27 13:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a hit to earnings from the scandal involving Archegos Capital.</p><p><blockquote>瑞银周二公布 2021 年第一季度净利润为 18 亿美元,透露 Archegos Capital 丑闻对盈利造成了打击。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4d55c6e9839c4187b6ae709649525b42\" tg-width=\"1003\" tg-height=\"699\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>“Our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously,” it said in a statement.</p><p><blockquote>“我们第一季度的业绩还考虑到了与一家美国大宗经纪客户违约有关的损失。我们显然都很失望,并非常重视此事,”该公司在一份声明中说。</blockquote></p><p>“A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”</p><p><blockquote>“我们正在对相关风险管理流程进行详细审查,并正在采取适当措施,以避免未来出现此类情况。”</blockquote></p><p>The bank said profit was $434 million lower as a result of the default.</p><p><blockquote>该银行表示,由于违约,利润减少了 4.34 亿美元。</blockquote></p><p>Analysts had forecast net income to come in at $1.6 billion over the period, according to Refinitiv.</p><p><blockquote>据路孚特称,分析师此前预测同期净利润为 16 亿美元。</blockquote></p><p><b>Group highlights </b></p><p><blockquote><b>集团亮点</b></blockquote></p><p><b>− Building on client connectivity through advice, solutions and thought leadership in a dynamic environment: </b></p><p><blockquote><b>− 在动态环境中通过建议、解决方案和思想领导力建立客户连接:</b></blockquote></p><p>Our clients continued to put their trust in us and benefitted from the full spectrum of our business mix and geographical diversification. This, together with favorable market conditions and investor sentiment, led to higher recurring revenues YoY, while strong client activity drove transaction income, as well as an increase in lending across our businesses.</p><p><blockquote>我们的客户继续信任我们,并受惠于我们全方位的业务组合及地域多元化。这一点,加上有利的市场条件和投资者情绪,导致经常性收入同比上升,而强劲的客户活动推动了交易收入以及我们所有业务的贷款增加。</blockquote></p><p><b>− 1Q21 financials: </b>PBT was USD 2,298m (up 14% YoY), including net credit loss releases of USD 28m. The cost/income ratio was 73.8%, 1.5 percentage points higher YoY. Operating income increased by 10% YoY, while operating expenses increased by 8%. Net profit attributable to shareholders was USD 1,824m (up 14% YoY), with diluted earnings per share of USD 0.49. Return on CET1 capital1 was 18.2%. The default by a US-based client of our prime brokerage business resulted in an impact on net profit attributable to shareholders of USD 434m.</p><p><blockquote><b>− 2021年第一季度金融:</b>PBT为22.98亿美元(同比增长14%),其中净信贷损失释放2800万美元。成本收入比为73.8%,同比上升1.5个百分点。经营利润同比增长10%,运营费用增长8%。归属于股东的净利润为18.24亿美元(同比增长14%),稀释每股收益为0.49美元。CET1 Capit1 的回报率为 18.2%。我们的主要经纪业务的美国客户违约导致股东应占净利润受到4.34亿美元的影响。</blockquote></p><p><b>− Our strong capital position supports growth and shareholder returns:</b> The quarter-end CET1 capital ratio was 14.0% (guidance: ~13%) and the CET1 leverage ratio was 3.89% (guidance: >3.7%), both up QoQ. We paid the 2020 ordinary dividend of USD 0.37 per share in April 2021 (USD 1.3bn) and we repurchased USD 1.1bn of shares year-todate. We will resume repurchasing shares shortly.</p><p><blockquote><b>− 我们强大的资本状况支持增长和股东回报:</b>季度末CET1资本比率为14.0%(指导:~13%),CET1杠杆率为3.89%(指导:>3.7%),均环比上升。我们于 2021 年 4 月支付了每股 0.37 美元(13 亿美元)的 2020 年普通股息,今年迄今已回购了 11 亿美元的股票。我们将很快恢复回购股份。</blockquote></p><p><b>− Unlocking the power of UBS:</b> We have unveiled our purpose statement: Reimagining the power of investing. Connecting people for a better world. Our purpose – together with our new strategic framework consisting of our vision, client promise, strategic imperatives, and sustainability commitments – maps out the next steps in our firm’s journey</p><p><blockquote><b>释放瑞银的力量:</b>我们已经公布了我们的宗旨声明:重新想象投资的力量。为了一个更美好的世界而连接人们。我们的宗旨——连同我们的新战略框架(包括我们的愿景、客户承诺、战略要务和可持续发展承诺)——勾勒出我们公司未来的发展历程</blockquote></p><p><b>Ralph Hamers, UBS’s CEO said: </b></p><p><blockquote><b>瑞银首席执行官拉尔夫-哈默斯(Ralph Hamers)表示:</b></blockquote></p><p>“In the first quarter of 2021, our clients benefited from our broad capabilities, geographic reach and connectivity. They continued to put their trust in us and looked to UBS for advice, solutions and thought leadership in a dynamic market environment. This was evidenced by the continued net inflows that helped our invested assets across wealth and asset management grow by over 100 billion dollars to 4.2 trillion. This, together with favorable market conditions and improved investor sentiment, contributed to positive results in the first quarter of 2021. All in all, we saw record activity across our client franchises, resulting in operating income being up 10%, profit before tax up 14%, and net profit attributable to shareholders up 14%, compared with the first quarter of 2020 which was strong in itself.</p><p><blockquote>“2021 年第一季度,我们的客户受益于我们广泛的能力、地理覆盖范围和连通性。他们继续信任我们,并在充满活力的市场环境中向瑞银寻求建议、解决方案和思想领导力。持续的净流入证明了这一点,这帮助我们在财富和资产管理领域的投资资产增长了 1000 多亿美元,达到 4.2 万亿美元。这一点,加上有利的市场条件和改善的投资者情绪,促成了2021年第一季度的积极业绩。总而言之,与 2020 年第一季度相比,我们的客户特许经营活动创历史新高,经营利润增长了 10%,税前利润增长了 14%,股东应占净利润增长了 14%,而 2020 年第一季度本身就表现强劲。</blockquote></p><p>However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident.</p><p><blockquote>然而,我们第一季度的业绩也考虑到了与单个美国大宗经纪客户违约相关的损失。我们显然都很失望,并非常认真地对待这件事。我们正对相关风险管理流程进行详细审查,并采取适当措施避免日后出现此类情况。这从未妨碍我们为客户服务的能力。我们仍然能够将CET1资本比率提高至14%,并实现18%的CET1资本回报率。我们的投资银行完全吸收了这一损失,但仍提供了13%的权益回报率,如果没有这一事件,这一回报率将超过30%。</blockquote></p><p>Our financial strength and ability to weather all seasons, together with our unique positioning as the largest truly global wealth manager, enable us to look to our future with confidence. In an ever-evolving world, we, too, must continue to improve and adapt. That’s why I’m proud to unveil our new strategy today. It all starts with our purpose, our why: Reimagining the power of investing. Connecting people for a better world.</p><p><blockquote>我们的财务实力和全天候能力,加上我们作为全球最大的真正财富管理公司的独特定位,使我们能够满怀信心地展望未来。在一个不断发展的世界里,我们也必须不断改进和适应。这就是为什么我今天很自豪地公布我们的新战略。这一切都始于我们的目的,我们的为什么:重新想象投资的力量。为了一个更美好的世界而连接人们。</blockquote></p><p><b>Outlook </b></p><p><blockquote><b>世界观</b></blockquote></p><p></p><p>Investor sentiment remained positive in the first quarter of 2021, helped by the strong rebound in economic activity and greater optimism regarding the further recovery, supported by mass COVID-19 vaccination campaigns around the globe. Significant fiscal stimulus, notably in the US, along with the prospect of continued accommodative monetary policy, contributed to generally more positive views on the timing and extent of a sustainable economic recovery.</p><p><blockquote>受惠于经济活动强劲反弹以及全球大规模新冠肺炎疫苗接种活动的支持,投资者对进一步复苏的乐观情绪在2021年第一季度保持乐观。显著的财政刺激措施,尤其是在美国,以及持续宽松货币政策的前景,促使人们普遍对可持续经济复苏的时间和程度持更积极的看法。</blockquote></p><p>However, economic, social, and geopolitical tensions remain, raising questions around the sustainability and shape of the recovery. Persistently high numbers of COVID-19 infections and hospitalizations, as well as lockdowns and similar measures imposed to control the pandemic, add to these existing concerns, as well as the severity and duration of the effects of the pandemic in certain economic sectors.</p><p><blockquote>然而,经济、社会和地缘政治紧张局势依然存在,引发了人们对复苏可持续性和形式的质疑。新冠肺炎感染和住院人数持续居高不下,以及为控制疫情而实施的封锁和类似措施,加剧了这些现有的担忧,以及疫情对某些经济部门影响的严重性和持续时间。</blockquote></p><p>Our clients value strength and expert guidance, particularly in these uncertain times, and we remain focused on supporting them with advice and solutions. We expect our revenues in the second quarter of 2021 to be influenced by seasonal factors, such as lower client activity compared with the first quarter of 2021. Higher asset prices should have a positive effect on recurring fee income in our asset gathering businesses. However, the continued uncertainty about the environment and economic recovery could affect both asset prices and client activity.</p><p><blockquote>我们的客户重视实力和专家指导,尤其是在这个不确定的时期,我们仍然专注于为他们提供建议和解决方案。我们预计 2021 年第二季度的收入将受到季节性因素的影响,例如与 2021 年第一季度相比客户活动减少。较高的资产价格将对我们资产收集业务的经常性费用收入产生正面影响。然而,环境和经济复苏的持续不确定性可能会影响资产价格和客户活动。</blockquote></p><p>With our balance sheet for all seasons and our diversified business model, UBS remains well positioned to drive sustainable long-term value for our clients and shareholders.</p><p><blockquote>凭借我们四季皆宜的资产负债表和多元化的业务模式,瑞银仍处于有利地位,能够为我们的客户和股东创造可持续的长期价值。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192544330","content_text":"UBS reported on Tuesday net income of $1.8 billion for the first quarter of 2021, as it revealed a hit to earnings from the scandal involving Archegos Capital.“Our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously,” it said in a statement.“A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”The bank said profit was $434 million lower as a result of the default.Analysts had forecast net income to come in at $1.6 billion over the period, according to Refinitiv.Group highlights − Building on client connectivity through advice, solutions and thought leadership in a dynamic environment: Our clients continued to put their trust in us and benefitted from the full spectrum of our business mix and geographical diversification. This, together with favorable market conditions and investor sentiment, led to higher recurring revenues YoY, while strong client activity drove transaction income, as well as an increase in lending across our businesses.− 1Q21 financials: PBT was USD 2,298m (up 14% YoY), including net credit loss releases of USD 28m. The cost/income ratio was 73.8%, 1.5 percentage points higher YoY. Operating income increased by 10% YoY, while operating expenses increased by 8%. Net profit attributable to shareholders was USD 1,824m (up 14% YoY), with diluted earnings per share of USD 0.49. Return on CET1 capital1 was 18.2%. The default by a US-based client of our prime brokerage business resulted in an impact on net profit attributable to shareholders of USD 434m.− Our strong capital position supports growth and shareholder returns: The quarter-end CET1 capital ratio was 14.0% (guidance: ~13%) and the CET1 leverage ratio was 3.89% (guidance: >3.7%), both up QoQ. We paid the 2020 ordinary dividend of USD 0.37 per share in April 2021 (USD 1.3bn) and we repurchased USD 1.1bn of shares year-todate. We will resume repurchasing shares shortly.− Unlocking the power of UBS: We have unveiled our purpose statement: Reimagining the power of investing. Connecting people for a better world. Our purpose – together with our new strategic framework consisting of our vision, client promise, strategic imperatives, and sustainability commitments – maps out the next steps in our firm’s journeyRalph Hamers, UBS’s CEO said: “In the first quarter of 2021, our clients benefited from our broad capabilities, geographic reach and connectivity. They continued to put their trust in us and looked to UBS for advice, solutions and thought leadership in a dynamic market environment. This was evidenced by the continued net inflows that helped our invested assets across wealth and asset management grow by over 100 billion dollars to 4.2 trillion. This, together with favorable market conditions and improved investor sentiment, contributed to positive results in the first quarter of 2021. All in all, we saw record activity across our client franchises, resulting in operating income being up 10%, profit before tax up 14%, and net profit attributable to shareholders up 14%, compared with the first quarter of 2020 which was strong in itself.However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident.Our financial strength and ability to weather all seasons, together with our unique positioning as the largest truly global wealth manager, enable us to look to our future with confidence. In an ever-evolving world, we, too, must continue to improve and adapt. That’s why I’m proud to unveil our new strategy today. It all starts with our purpose, our why: Reimagining the power of investing. Connecting people for a better world.Outlook Investor sentiment remained positive in the first quarter of 2021, helped by the strong rebound in economic activity and greater optimism regarding the further recovery, supported by mass COVID-19 vaccination campaigns around the globe. Significant fiscal stimulus, notably in the US, along with the prospect of continued accommodative monetary policy, contributed to generally more positive views on the timing and extent of a sustainable economic recovery.However, economic, social, and geopolitical tensions remain, raising questions around the sustainability and shape of the recovery. Persistently high numbers of COVID-19 infections and hospitalizations, as well as lockdowns and similar measures imposed to control the pandemic, add to these existing concerns, as well as the severity and duration of the effects of the pandemic in certain economic sectors.Our clients value strength and expert guidance, particularly in these uncertain times, and we remain focused on supporting them with advice and solutions. We expect our revenues in the second quarter of 2021 to be influenced by seasonal factors, such as lower client activity compared with the first quarter of 2021. Higher asset prices should have a positive effect on recurring fee income in our asset gathering businesses. However, the continued uncertainty about the environment and economic recovery could affect both asset prices and client activity.With our balance sheet for all seasons and our diversified business model, UBS remains well positioned to drive sustainable long-term value for our clients and shareholders.","news_type":1,"symbols_score_info":{"UBS":0.9}},"isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}