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August 2, 2012

UBS Whiffs On Earnings, Points $350M Finger At Facebook

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The investment banking unit unexpectedly ended in the red and it attributes that to the ~$350 million in trading losses incurred during Facebook?s troubled IPO.

Source: http://www.forbes.com/sites/greatspeculations/2012/08/01/ubs-whiffs-on-earnings-points-350m-finger-at-facebook/

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