UBS Soars On Posting Net Profit In Q2

UBS UBS shares soared after the company swung to a net profit of CHF 2.01 billion ($1.91 billion) in the second quarter, from a loss of CHF1.4 billion a year earlier. Shares of UBS jumped 7.92% to $16.35 in the pre-market trading session. Read more from Benzinga's Company news.