Swiss stocks - Factors to watch on April 14

Feintool International Holding AG

14/04/2015 06:40

ZURICH, April 14 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Tuesday: 
     
    HOLCIM  HOLN.VX  
    Holcim  HOLN.VX  and Lafarge  LAFP.PA  on Tuesday named the 
candidates for their combined company's board of directors as 
the two cement groups look to clinch their $40 billion merger. 
    For more click on  HOLN.VX  
     
    UBS  UBSG.VX  
    Swiss banking giant UBS  UBSG.VX  trimmed its stake in China 
Cinda Asset Management Co Ltd  1359.HK , selling $245 million of 
its shares in the Chinese state-owned bad debt manager, IFR 
reported on Tuesday citing a term sheet of the transaction. 
    For more click on  UBSG.VX  
       
    COMPANY STATEMENTS  CPR-CH  
    * Roche  ROG.VX  announced the final results of the tender 
offer by Roche Holdings, its wholly owned subsidiary, to 
purchase up to 15,604,288 shares of common stock of Foundation 
Medicine (FMI)  FMI.O . The shares purchased in the tender 
offer, when added to the shares already owned by Roche and its 
affiliates, total around 21,019,111 shares, representing 
approximately 57 percent of the outstanding shares of FMI's 
common stock.  ROG.VX  
    * Switzerland's financial regulator FINMA said its takeover 
committee is examining an appeal lodged by the Bill and Melinda 
Gates Foundation Trust and Cascade Investment, L.L.C. against a 
decision by the Swiss takeover commission on the opting-out 
clause in relation to Sika  SIK.VX  and Saint-Gobain  SGOB.PA . 
    * Sika  SIK.VX  said it aims to achieve a slight improvement 
in margins in 2015 compared with the previous year, but that the 
unknown outcome of Saint-Gobain's  SGOB.PA  takeover bid is a 
"major element of uncertainty" in its forecast.  SIK.VX  
    * Bravofly  BRGF.S  said Francesco Guidotti, currently chief 
financial officer at YOOX  YOOX.MI , will join its executive 
management team as CFO on May 1, taking over from Gaspar 
Santonja who is leaving to pursue other business opportunities. 
 BRGF.S  
    * Kuehne und Nagel  KNIN.VX  said earnings for the first 
quarter increased to 153 million Swiss francs compared to 150 
million francs for the same period in 2014.  KNIN.VX   
    * Feintool  FTON.S  posted first-quarter sales of 120 
million Swiss francs, a year-on-year increase of 4 percent after 
adjusting for currency-related factors.  FTON.S  
    * Santhera  SANN.S  posted a net result for 2014 of -7.5 
million Swiss francs compared to -5.8 million francs in 2013. 
 SANN.S  
    * Orascom Development  ODHN.S  said in 2014 it generated a 
net profit of 41.9 million Swiss francs attributable to 
shareholders of the parent company after a loss of 157.7 million 
francs in 2013.  ODHN.S  
    * Schindler  SCHN.S  said Karl-Heinz Bauer, currently chief 
technology officer at Honeywell Transportation Systems, joins 
Schindler in the same role effective June 1.  SCHN.S  
    * Kudelski's  KUD.S  cybersecurity division, Kudelski 
Security, announced the establishment of a strategic partnership 
with Athonet to provide secure 4G-LTE communications.  KUD.S  
         
    ECONOMY  M-CH  
     
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
((For Top News in a multimedia Web format on Eikon visit: 
https://emea1.views.cp.extranet.thomsonreuters.biz/Explorer/NEWSxTOPNEWS.aspx?group=SP_GROUP_001&page=SP_PAGE_001&pageName=FrontPage 
 FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON: 
     
 Daily Swiss stock market report in German................ .SDE  
 All SMI constituent stocks............................ 0#.SSMI   
 News on major Swiss stock price moves.................. CH-HOT  
 FTSE Eurotop 300 index................................  .FTEU3  
 DJ STOXX index........................................  .STOXX  
 Top 10 STOXX sectors.............................  .PGL.STOXXS   
 Top 10 EUROSTOXX sectors........................  .PGL.STOXXES  
 Top 10 Eurotop 300 sectors.......................  .PGL.FTEU3S  
 Top 25 European pct gainers...  .PG.PEUR , losers...  .PL.PEUR  
     
 Swiss mid-cap index      .SSMI   SMI futures            0#SMI:  
 Swiss all-share index    .SSHI   Market statistics   CH/STATS1  
 Swiss market digest      .AD.S   Sector overview    CH/SECTOR1  
 All Swiss news              CH   Swiss diary          CH/DIARY  
 Swiss research news     CH-RCH   Virt-x sectors     VX/SECTOR1  
 All equity news              E   Virt-x price index      .VMIP  
     
 INTERNET ADDRESSES:             Virt-x       www.virt-x.com  
  
Swiss Exchange  www.swx.ch/      
Eurex   www.eurexchange.com 
STOXX Ltd         www.stoxx.com  
  
 SPEED GUIDES:  VX/EQUITY   EQUITY   EQUITY/NEWS1   EUR/EQUITY   
  SWITZERLAND   REUTERS  )) 
 
Keywords: MARKETS SWISS STOCKS