Siemens' Loescher, Spiegel on Growth Strategies
Feb. 5 (Bloomberg) -- Siemens AG Chief Executive Officer Peter Loescher and Siemens Corp. President and Chief Executive Officer Eric Spiegel talk about the outlook for the company's U.S. operations and growth strategies. They speak with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)
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UBS's Ermotti Says Environment In 2Q 'Very Challenging'
52:10 - UBS Group AG said first-quarter profit fell 64 percent, missing analyst estimates, as all divisions reported a drop in earnings. Net income fell to 707 million Swiss francs ($741 million) from 1.98 billion francs a year earlier, the Zurich-based bank said on Tuesday. That fell short of the 735 million-franc average estimate of five analysts in a Bloomberg survey. UBS CEO Sergio Ermotti told Bloomberg Television’s Guy Johnson that the issues the bank highlighted in previous quarters aren’t disappearing.