Union Bancaire Privee, the Swiss private bank and asset manager founded by Edgar de Picciotto in 1969, said it’s investing more in developed-country equity markets, which will continue to rally next year.
In more than two decades as a publicly-traded company, Spherix Inc. developed diabetes treatments, marketed a low-calorie sweetener and handled campground reservations. Now it’s dealing in something completely different: patents.
Salesforce.com Inc., the biggest maker of customer-management software, forecast fiscal fourth- quarter revenue that may exceed some analysts’ estimates as acquisitions helped boost sales of marketing tools.
Twitter Inc. fell the most since its second day of trading after Wunderlich Securities Inc. initiated coverage with a sell rating, citing concerns that user growth may be limited compared with rival social networks.