Swiss stocks - Factors to watch on February 6
06/02/2020 06:08
ZURICH/BERLIN, Feb 6 (Reuters) - The Swiss blue-chip SMI
.SSMI was seen opening up 0.6% at 11,054 points on Thursday,
according to premarket indications by bank Julius Baer
JBPRE01 .
Here are some of the main factors that may affect Swiss
stocks :
SWISSCOM SCMN.S
Switzerland's largest telecoms provider boosted net income
by nearly 10% even as price erosion ate into full-year sales.
urn:newsml:reuters.com:*:nFWN2A5154
IDORSIA IDIA.S
It reiterated that it will be able to boost its cash
reserves needed to get to break-even after 2019 spending on its
pipeline including its lead insomnia drug candidate pushed the
Swiss biotech to a full-year loss. urn:newsml:reuters.com:*:nFWN2A514Q
DAETWYLER DAE.S
Asset impairment charges and one-off costs from the sale of
distribution companies resulted in a net loss of 86.6 million
francs in 2019. urn:newsml:reuters.com:*:nL8N2A61PH
COMPANY STATEMENTS
Schmolz + Bickenbach STLN.S said it had launched offer to
repurchase Senior Secured Notes following a change of control
event STLN.S
ANALYSTS' VIEWS
ABB LTD ABBN.S: BARCLAYS RAISES TARGET PRICE TO CHF 28.50
FROM CHF 26
ECONOMY
No economic data scheduled.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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