Airbus Gains, Gerresheimer Up, UBS Losses

On this episode of Stock Movers:
- Airbus shares rise as much as 2.3% after the planemaker said it was extending the upper range of its dividend payout ratio to 30-50% from the current level of 30-40%.
- Gerresheimer said KPS Capital Partners is still in discussions with Warburg Pincus. Talks on a potential takeover “are open-ended,” Gerresheimer said
- UBS shares fell 1.7%, the worst performer in the Stoxx 600 Financial Services Index, after Morgan Stanley cut its recommendation on the Swiss lender to underweight from equalweight, saying that new capital demands imposed by Switzerland will impact shareholder returns.

See omnystudio.com/listener for privacy information.