Swiss stocks - Factors to watch on July 12

Banque Cantonale du Jura SA

12/07/2016 05:43

ZURICH, July 12 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Tuesday: 
       
    UBS GROUP AG  UBSG.S   
    The Swiss bank is freezing new hires in parts of its wealth 
management business as part of a restructuring process aimed to 
cut costs, a source familiar with the matter said on Monday. 
 urn:newsml:reuters.com:*:nL4N19X4HQ 
    For more news click  UBSG.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * ams AG  AMS.S  said it increased the amount raised from a 
newly issued promissory note to 175.5 million euros ($194.4 
million) following investor demand.  AMS.S  
    * BB Biotech  BION.S  said it closed the first half year of 
2016 with a loss of 1.17 billion Swiss francs ($1.19 billion), 
based on preliminary unaudited consolidated results. It posted a 
717 million franc profit in the corresponding period of the 
previous year.  BION.S  
    * Banque Cantonale du Jura's  BCJ.S  profits rose to 6.2 
million francs in the first six months of 2016 from 6.1 million 
francs a year earlier. {BCJ.S]  
     
    ECONOMY  M-CH  
 
 
($1 = 0.9029 euros) 
($1 = 0.9828 Swiss francs) 
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/