Swiss stocks - Factors to watch on Aug 7
07/08/2015 05:49
ZURICH, Aug 7 (Reuters) - The following are some of the main
factors expected to affect Swiss stocks on Friday:
UBS UBSG.VX
UBS has joined Bank of America in closing down some options
for wealthy clients to access billionaire investor John
Paulson's Advantage fund, sources said on Thursday, after the
portfolio suffered double-digit losses in 2014.
For more click on UBSG.VX
COMPANY STATEMENTS CPR-CH
* COLTENE Holding CLTN.S posted fisrt-half sales of 73.3
million Swiss francs ($74.72 million), down from 76 million
francs in the same period last year. The decline was largely
attributable to negative currency effects, the firm said.
CLTN.S
* Interroll INRN.S said first-half net income rose to 12.8
million francs from 7.1 million francs a year ago. INRN.S
ECONOMY M-CH
Unemployment data for July due at 0545 GMT. Analysts polled
by Reuters expect on average the seasonally adjusted rate to
hold steady versus June at 3.3 percent.
($1 = 0.9810 Swiss francs)
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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Keywords: MARKETS SWISS STOCKS/