Traders Recap: UBS Group AG (USA)(NYSE:UBS), United Rentals, Inc. (NYSE:URI), Michael Kors Holdings Ltd (NYSE:KORS)

On Monday, Shares of UBS Group AG (USA)(NYSE:UBS), subtract -0.73% and closed at $13.25 in the last trading session. The last trading range of the stock ranges between $13.44 and $13.66. UBS Group AG, together with its auxiliaries, provides financial advice and solutions to private, institutional, and corporate clients worldwide. The company’s Wealth Administration division provides financial services to wealthy private clients. It offers wealth planning, investment administration solutions and corporate finance advice, banking, and lending solutions, in addition to a range of specific offerings. Its Wealth Administration Americas division provides wealth administration solutions designed to address the needs of high net worth and high net worth clients. This division operates domestic United States and Canadian wealth administration businesses; and international business booked in the United States. The company’s Personal & Corporate Banking division offers financial products and services to private, corporate, and institutional clients in Switzerland. Its Asset Administration division provides investment administration products and services comprising equities, fixed income, currency, hedge funds, real estate, infrastructure, and private equity; multi-manager hedge fund solutions and advisory services; and customized multi-asset solutions and advisory services. It serves corporate and public pension plans; governments and central banks; supranationals; endowments, municipalities, and charities; insurance companies; wholesale intermediaries; financial institutions; and private clients. The company’s Investment Bank division provides client coverage, advisory, debt and equity capital market, and financing solutions for corporate, financial institutions, financial sponsor clients, and wealth administration businesses. This division also provides cash, derivatives, and financing; foreign exchange franchise, precious metals, rates, and credit; and distribution and risk administration services.

United Rentals, Inc. (NYSE:URI), jumped 0.56% and closed at $78.93 in the last trading session. The last trading range of the stock ranges between $78.02 and $79.54. The company’s Market capitalization is $6.99 Billion with the total Outstanding Shares of 86.16 million. United Rentals, Inc., through its auxiliaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. This segment serves construction and industrial companies, manufacturers, utilities, municipalities, and homeowners. The Trench, Power, and Pump segment is involved in the rental of specialty construction products, counting trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and HVAC equipment, which consists of portable diesel generators, electrical distribution equipment, and temperature control equipment; and pumps mainly used by energy and petrochemical customers. It serves construction companies involved in infrastructure projects, municipalities, and industrial companies. The company also sells new equipment, such as aerial lifts, reach forklifts, telehandlers, compressors, and generators; contractor supplies, counting construction consumables, tools, small equipment, and safety supplies; and parts for equipment that are owned by the company’s customers, in addition to provides repair and maintenance services. It sells its used equipment through its sales force, brokers, and Website, in addition to at auctions and directly to manufacturers. As of February 18, 2016, the company operated 897 rental locations in the United States and Canada.

Michael Kors Holdings Ltd (NYSE:KORS), lost -0.75% and closed at $46.44 in the last trading session. The last trading range of the stock ranges between $46.10 and $46.88. During the 52-week trading session the minimum price at which share price traded, registered at $34.83 and reached to max level of $59.49. Michael Kors (KORS), a global luxury lifestyle brand, is happy to declare that effective October 1, Krista McDonough will be promoted to the position of Senior Vice President, General Counsel, reporting to John Idol, Chairman & Chief Executive Officer.

Krista McDonough joined Michael Kors in 2011, and has been Deputy General Counsel since June 2015. Formerly she was at Paul, Weiss, Rifkind, Wharton & Garrison LLP. She has a law degree from New York Law School.

“Since joining Michael Kors, Krista has been an integral part of the Legal Department. She brings many strengths to this position,” says Mr. Idol, “counting valuable experience in corporate governance, securities law, employment matters and intellectual property enforcement.”

Ms. McDonough succeeds Lee Sporn who, after 13 years as Michael Kors’ General Counsel, is retiring to become a full-time law professor. “I am very grateful for Lee’s many contributions to Michael Kors,” says Mr. Idol. “He has been a strong and important partner to me and to the leadership team.”

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