Apple (AAPL) Stock Nose Dives Again on Target Price Adjustment

In an investors note released Friday morning, UBS analyst Steven Milunovich announced that he expects Apple (AAPL) iPhone and iPad sales to drop next year, as he cut sales estimates for the March, June and September 2013 quarters by 5 million units for the iPhone and 2 million for the … [Read more...]

UBS AG Forced to Pay $1.5 Billion for Libor Scandal

Earlier this year, the Libor scandal swept the newsfeeds causing the US and UK to do an extensive investigation into which company’s were involved and to what extent. US Assistant Attorney General Lanny Breuer described the scandal was “one of the most significant scandals ever to hit … [Read more...]