European Miners Fall, UBS Gains, MJ Gleeson Slump
On this episode of Stock Movers:
- Miners could be on the move Tuesday as base metals fall on concern about China’s economic outlook, as a gauge of the country’s manufacturing activity fell to its lowest level in more than two years.
- UBS shares jump as much as 4.1% after Jefferies upgraded the stock to buy from hold, saying that the bank may be reaching a potential turning point on capital, with some clarity expected this week.
- MJ Gleeson slashed guidance, citing a slow housing market recovery in the UK and planning delays.
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