Market News and Analysis

BullFax.com gives you a quick and easy way to find out the latest market news, analysis and comments.

Swiss bank UBS returns to quarterly profit (AFP)

Troubled Swiss bank UBS has said that it had returned a 1.20 billion Swiss franc profit (1.12 billion dollars, 821 million euros) in the final quarter of 2009, shrugging off more than a year of quarterly losses.(AFP/File/Fabrice Coffrini)AFP - Troubled Swiss bank UBS said Tuesday that it had returned a 1.20 billion Swiss franc profit (1.12 billion dollars, 821 million euros) in the final quarter of 2009, shrugging off more than a year of quarterly losses.
Toyota says to recall 400,000 hybrids worldwide (AFP)

Toyota Motor has said it will recall about 400,000 hybrid vehicles around the world, including its latest Prius model, to fix faulty brakes.(AFP/File/Yoshikazu Tsuno)AFP - Toyota Motor said Tuesday that it would recall about 400,000 hybrid vehicles around the world, including its latest Prius model, to fix faulty brakes.
Oil below $72 in Asia amid economy doubts (AP)

FILE - In this Jan. 5, 2010 file photo, Jason Kilpatrick of Wholesale Fuel hauls a hose across a snow covered yard while delivering home heating oil in Framingham, Mass. Natural gas prices climbed Monday, Feb. 8 as another winter storm was expected to dump even more snow on the East Coast. (AP Photo/Charles Krupa, File)AP - Oil prices lingered below $72 a barrel Tuesday in Asia as investors remained uncertain about the strength of global economic growth and demand for crude.
 
DJI: 9908.39 -1.05% |S&P 500: 1056.74 0% |FTSE: 5092.33 -3.16% |Nikk.: 9932.9 -0.19% |DAX: 5484.85 0.92% |HSI: 19795.051 1.23% |
FX: EUR/GBP: 1.1401 | USD/EUR: 1.3718 | JPY/USD: 89.615 | Commodities: Gold: 1071.75 | Crude - CLH09.NYM: 0.00 |