UBS notes that capital goods companies were not performing as well as the rest of the market when they beat earnings estimates.

UBS指出，当资本货物公司超出盈利预期时，它们的市场表现并不像市场的其他股票那么好。

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The question for UBS: did the bank need all this capital?

瑞士银行面临的问题是：它真的需要这么多资金吗？

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UBS, a Swiss bank, has seen its tier-one ratio (which divides a bank's risk-weighted assets by its core capital) fall from 12.3% at the end of the second quarter to 10.6%.

瑞士联合银行眼看着自己的第一级比率（第一比率是风险加权资产和核心资金的比率）从第二季度末的12.3%降低到10.6%。

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For instance, UBS cited capital goods company Krones which last year cut costs significantly.

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Among the European capital goods companies UBS is recommending investors buy are ABB and Scania.

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Among the sectors that hedge funds are most overweight is capital goods, UBS notes in its report.

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