Swiss stocks – Factors to watch on July 20

July 21, 2010 By Leave a Comment

ZURICH, July 20 – The following are some of the main factors expected to affect Swiss stocks on Tuesday:

ACTELION (ATLN.VX)

Europe’s largest biotech confirmed its 2010 outlook after stronger-than-expected sales of its key heart and lung drug Tracleer, although quarterly profit lagged forecasts.

For related new click on [ATLN.VX]

BARRY CALLEBAUT (BARN.S)

The SIX Swiss Exchange Sanction Commission said differing expert opinions on accounting meant no sanction against Barry Callebaut.

For related news, click on [BARN.S]

ECONOMY [M-CH]

* June trade data expected at 0615 GMT CHTBAL=ECI

COMPANY STATEMENTS [CNR-CH]

* Uster (USTN.S) posted H1 Positive net result of 4.0 million Swiss francs.

* Partners Group (PGHN.S) has been awarded a mandate by the sovereign wealth fund Korea Investment Corporation to invest in a broad range of opportunities in the private real estate market.

* Gottex (GFMN.S) said total fee earning assets for the group were 7.3 billion dollars compared to 7.9 billion dollars at 31 March 2010 largely driven by a 0.4 billion dollar negative impact from foreign exchange movements, performance and the return of cash to investors in run-off share classes.

* Partners Group, the global private markets investment manager, has been awarded a mandate by the sovereign wealth fund Korea Investment Corporation (KIC) to invest in a broad range of opportunities in the private real estate market.

* Baloise (BALN.VX) said it has acquired the Belgian insurance business of Avéro, a subsidiary of the Dutch Eureko Group. The purchase price amounts to 75 million euros. The purchase is expected to be completed by the second half of 2010.

* Novartis (NOVN.VX) said it had received approval in China for Rasilez, a first-in-class direct renin inhibitor for high blood pressure, the leading preventable cause of death in China.

EQUITY RESEARCH [CH-RCH]

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Swiss stocks – Factors to watch on Thursday

July 16, 2010 By Leave a Comment

ZURICH, 15 July (Reuters) – The following are some of the main factors expected to affect Swiss stocks on Thursday:

NOVARTIS (NOVN.VX)

Novartis will pay $175 million to settle a class-action lawsuit accusing the Swiss drugmaker of discriminating against 5,600 current and former female sales representatives in pay and promotions.

Novartis is due to report Q2 results at 0500 GMT.

For related news, click on [NOVN.VX]

SGS (SGSN.VX)

Inspection services group SGS is due to report H1 results at 0500 GMT.

ECONOMY [M-CH]

Swiss ZEW investor sentiment for July is due at 0900 GMT.

COMPANY STATEMENTS [CNR-CH]

* Schulthess (SGRN.S) to complete restructuring by the end of fiscal 2010 [SGRN.S]

* Oridion (ORIDN.S) introduces next generation capnography system for upper endoscopy procedures

* U-blox (UBXN.S) expands production capacity to South America. [UBXN.S]

EQUITY RESEARCH [CH-RCH]

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Swiss stocks – Factors to watch on July 14

July 15, 2010 By Leave a Comment

July 14 (Reuters) – The following are some of the main factors expected to affect Swiss stocks on Wednesday.

SYNGENTA (SYNN.VX)

The world’s largest agrochemicals company said it had granted Bayer CropScience(BAYE.BO) a worldwide, non-exclusive license for its VIPCOT genetically modified cotton.

For related news click on [SYNN.VX]

TRANSOCEAN (RIGN.VX)

BP Plc said it would begin pressure tests at its undersea oil gusher in the Gulf of Mexico on Tuesday afternoon after it placed a new containment cap and seal on the wellhead late on Monday, the top official overseeing the spill said.

For related news click on [RIGN.VX]

ECONOMY [M-CH]

COMPANY STATEMENTS [CNR-CH]

* Richemont (CFR.VX) proposes changes to its board of directors [CFR.VX] * Oerlikon Solar (OERL.S) says it receives follow-up order from Baoding Tianwei Solar Films [OERL.S]

EQUITY RESEARCH [CH-RCH]

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Swiss stocks – Factors to watch on July 9

July 10, 2010 By Leave a Comment

July 9 (Reuters) – The following are some of the main factors expected to affect Swiss stocks on Friday:

ROCHE (ROG.VX)

Roche’s blockbuster cancer drug Avastin has been spurned once again by Britain’s health cost watchdog NICE, this time as a treatment for breast cancer.

For related news, click on [ROG.VX]

ECONOMY [M-CH]

COMPANY STATEMENTS [CNR-CH]

* Ems-Chemie (EMSN.S) achieved significantly higher net sales and a more than doubled net operating income in the first half-year. [EMSN.S]

EQUITY RESEARCH [CH-RCH]

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Swiss stocks – Factors to watch on July 5

July 6, 2010 By Leave a Comment

ZURICH, July 5 – The following are some of the main factors expected to affect Swiss stocks on Monday:

SARASIN (BSAN.S)

Dutch Rabobank [RABN.UL] has no plans to sell its stake in Swiss private bank Sarasin (BSAN.S), the chief executive of the Swiss bank said in an interview published on Friday.

For related news click on [BSAN.S]

ECONOMY [M-CH]

* Switzerland’s central bank is keeping a close eye on the Swiss franc’s movements, its head was quoted as saying on Sunday, as markets seek clues on whether it will step in again to stem the franc’s rise against the euro. [ID:nL19616215]

* Swiss retail sales for May are due at 0715 GMT.ECONCH

COMPANY STATEMENTS [CNR-CH]

* Partners Group (PGHN.S) leads the mezzanine financing for AcadeMedia on behalf of its clients [PGHN.S]

EQUITY RESEARCH [CH-RCH]

* BOFA MERRILL RAISES COMPAGNIE FINANCIERE RICHEMONT SA (CFR.VX) TO BUY FROM NEUTRAL [CFR.VX]

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Swiss stocks – Factors to watch on June 17

June 18, 2010 By Leave a Comment

June 17 (Reuters) – The following are some of the main factors expected to affect Swiss stocks on Thursday:

Financials

UBS (UBSN.VX)

A special parliamentary panel will try to iron out differences on a Swiss-U.S. tax deal crucial to the future of UBS between the two houses early on Thursday before they take final votes later in the day.

Both houses have to reach agreement or leave the deal in tatters.

For related news, click on [UBSN.VX]

ROCHE (ROG.VX)

Britain’s health cost watchdog has rejected Roche’s Tarceva pill for long-term use in lung cancer patients who have had treatment to stabilise their disease, because it is too costly for the benefit it offers.

For related news, click on [ROG.VX]

BRAZIL TAX ON SWISS INVESTMENTS

Swiss investments in Brazil have been taxed at a minimum of 15 percent on income since last week, when the country was included by Brazil on a list of tax havens, the South American country’s tax bureau said on Wednesday.

For related news, click on [LEN-CH]

ECONOMY [M-CH]

* The Swiss National Bank will publish its monetary policy decision at 0730 GMT together with an update on its growth and inflation forecast.

The SNB is seen sticking to its policy of ultra-low interest rates and interventions to stem the Swiss franc’s rise at its meeting on Thursday as the euro zone crisis clouds the economy’s outlook.

* Industrial orders for the first quarter are due at 0715 GMT.ECONCH

COMPANY STATEMENTS [CNR-CH]

* Bachem (BANB.S) divests stake in Polyphor [BANB.S]

* Mobimo (MOBN.S) on Wednesday priced a convertible bond issue due 2014 of CHF 155 million, that can increase up to CHF 175 million if the overallotment option is exercised in full [MOBN.S]

EQUITY RESEARCH [CH-RCH]

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Swiss stocks – Factors to watch on June 15

June 16, 2010 By Leave a Comment

June 15 (Reuters) – The following are some of the main factors expected to affect Swiss stocks on Tuesday:

Healthcare

UBS (UBSN.VX)

UBS AG’s (UBS.N)(UBSN.VX) prospects hang in the balance this week as Swiss politicians vote on Tuesday on a tax deal that would draw a line under a legal dispute with the United States.

For related news, click on [UBSN.VX]

ECONOMY [M-CH]

COMPANY STATEMENTS [CNR-CH]

* Züblin(ZUBN.S) records solid results in Financial Year 2009/2010 [ZUBN.S]

* Oridion (ORIDN.S) shareholders approve motions at AGM 2010 [ORIDN.S]

EQUITY RESEARCH [CH-RCH]

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Swiss stocks – Factors to watch on June 8

June 9, 2010 By Leave a Comment

June 8 (Reuters) – Swiss stocks are set to rise on Tuesday in line with other European bourses as an agreement from euro zone finance ministers on the region’s bailout plan improved sentiment.

The Swiss blue-chip index SMI.SSMI was indicated to rise 21 points to 6,310 points, premarket data provided by bank Clariden Leu showed.CLPRE

The following are some of the main factors expected to affect Swiss stocks on Tuesday:

ABB(ABBN.VX)

ABB (ABBN.VX) is buying Chloride Group (CHLD.L) for an agreed 860 million pounds ($1.25 billion), the Swiss engineering group said on Tuesday, announcing its second acquisition within a month.

For related news, click on [ABBN.VX]

ROCHE(ROG.VX)

Roche announced a new licence extension for RoACTEMRA in Europe; RoACTEMRA now indicated to reduce the rate of progression of joint damage and improve physical function in rheumatoid arthritis

For related news, click on [ROG.VX]

UBS (UBSN.VX)

UBS Wealth Management Americas will hire more mortgage consultants for its branch offices as it bulks up its lending services business, a company executive told Reuters.

For related news, click on [UBSN.VX]

VONTOBEL (VONN.S)

Swiss private bank Vontobel (VONN.S) has created a unit to serve wealthy U.S. clients, a reaction to stringent U.S. tax rules after rival UBS (UBSN.VX)(UBS.N) stood accused of helping Americans dodge taxes.

For related news, click on [VONN.S]

ECONOMY [M-CH]

* Swiss unemployment rate eased to 3.8 percent in unadjusted terms in May.

* Swiss government on Tuesday raised its growth and inflation forecast for 2010 but cautioned that the euro zone crisis dampened the outlook for next year.[ID:nZAT010888]

* Swiss consumer price data for May are due at 0715 GMTECONCH

COMPANY STATEMENTS [CNR-CH]

* ARYZTA (ARYN.S) announces its third quarter trading update for the 13 weeks ended 30 April 2010 and strategic acquisitions [ARYN.S]

* Burckhardt Compression (BCHN.S) reports sustained high earnings despite lower order intake and sales [BCHN.S]

* Swissquote (SQN.S) has fully acquired Tradejet AG. with effect from June 7, 2010 [SQN.S]

* Arbonia Forster Holding (AFGN.S) Resignation of the Head of AFG’s Surface Technology Division [AFGN.S]

EQUITY RESEARCH [CH-RCH]

-Goldman Sachs raises ABB LTD (ABBN.VX) to buy from neutral; adds to conviction buy list [ABBN.VX]

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

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Swiss stocks – Factors to watch on April 8

April 9, 2010 By Leave a Comment

ZURICH, April 8 (Reuters) – Swiss shares are set to open lower on Thursday, in line with markets across Europe, following markets in America and Asia lower.

The Swiss blue-chip index SMI.SSMI was indicated to open 16 points lower at 6,826 points, premarket data provided by bank Clariden Leu showed.CLPRE

The following are some of the main factors expected to affect Swiss stocks on Thursday:

SWISS RE (RUKN.VX)

Swiss reinsurer Swiss Re has terminated its share buyback programme after returning more than 2 billion Swiss francs ($1.87 billion) to shareholders since 2007, the company said on Thursday.

For related news, click on [RUKN.VX]

UBS (UBSN.VX)(UBS.N)

The company has hired Nicholas Smithie as a global emerging markets strategist. Smithie begins in his new role on May 5 and will be based in New York. He has previously worked for MFS Investment Management in Boston.

For related news, click on [UBSN.VX]

JULIUS BAER (BAER.VX)

The Swiss private banking group holds its annual shareholders’ meeting.

For related news, click on [BAER.VX]

ECONOMY [M-CH]

* The Swiss unemployment rate fell to a non-seasonally adjusted 4.2 percent in March from 4.4 percent in the previous month, the State Secretariat for Economic Affairs said on Thursday.

When adjusted for seasonal factors, the unemployment rate stood at 4.1 percent, unchanged from the previous month.

* The Swiss National Bank will present its annual report

COMPANY STATEMENTS [CNR-CH]

* Adecco (ADEN.VX): Directors’ dealings [ADEN.VX]

EQUITY RESEARCH [CH-RCH]

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DIARY-Japan April 15: Pakistan’s Qureshi to speak to media

April 16, 2009 By Leave a Comment

Ohayo gozaimasu from Reuters Tokyo newsroom ****

— For real-time forecasts and updates of Japanese economic
indicators click ECONJP

— For top Japan news click on [TOP/JP]

— All events in Tokyo unless stated otherwise.

— Times, when available, shown in GMT; asterisk* indicates
GMT is previous day.

— Inclusion of an event in the diary does not always mean
that Reuters will report on that item.

———————————————————–

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