UBS Securities Canada Inc. says that it now expects TSX earnings to rebound by 40% next year, on higher commodity prices.The firm raised its oil price forecast. The UBS energy team is now expecting oil to average US$58.25 this year, up from its previous forecast of US$51, and it sees oil at US$70 next year, […]
Michael Tait is returning to UBS Securities Canada Inc. in June as managing director and head of Canadian equity sales, the company said Friday.Tait, who comes to UBS from Genuity Capital Markets, where he was a partner, will be based in Toronto and report to Rick Meslin, head of Canadian equities. He was previously with […]
UBS Securities Canada has announced the retirement of Chairman Jim Estey.In an internal announcement, the firm said Estey will be retiring from UBS on June 30, after 27 years of service.“Under his guidance firstly as the head of equities and then as the president and CEO of UBS Securities Canada, this business experienced tremendous growth […]
Analyst says market has overly discounted risk of high loan losses
Mining research team grows to four analysts
Meslin named head of Canadian equities
But firm pares earnings estimates by 3%-4% for 2007 and 2008
Rozenberg’s current coverage will be transferred to Fadi Chamoun and Vishal Shreedar
Outlook for TSX remains strong despite sharp drop
Backdrop for equities remains positive