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FREN - Fundamenta Real Estate AG News Story

CHF19.9 0.0  0.0%

Last Trade - 29/07/21

Sector
Financials
Size
Mid Cap
Market Cap £472.9m
Enterprise Value £915.6m
Revenue £26.5m
Position in Universe 506th / 1047

Swiss stocks - Factors to watch on January 21

Thu 21st January, 2021 6:23am
ZURICH/BERLIN, Jan 21 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    JULIUS BAER  BAER.S 
    Switzerland's financial industry watchdog FINMA has
reprimanded two people at the private bank following an
investigation into serious failings over money laundering.
 urn:newsml:reuters.com:*:nFWN2JW00D
    
    ROCHE  ROG.S 
    Larger trials are needed to assess whether Roche's arthritis
drug tocilizumab can cut death rates among the sickest COVID-19
patients, scientists said, after a small study found it was no
better than standard care in severe cases.  urn:newsml:reuters.com:*:nL8N2JV2KG
    
    
    COMPANY STATEMENTS
    * Zur Rose  ROSEG.S  reported a 14.4% increase in full-year
revenues.  urn:newsml:reuters.com:*:nFWN2JW00C
    * BKW  BKWB.S  said Urs Gasche is stepping down from the
Board of Directors, with Roger Baillod nominated to replace him
as Chairman.
    * Leclanché  LECN.S  said its executive vice president died
in a skiing accident.  urn:newsml:reuters.com:*:nFWN2JV11W
    * Fundamenta Real Estate  FREN.S  is planning a capital
increase.  urn:newsml:reuters.com:*:nFWN2JV16L
    * Relief Therapeutics  RLFB.S  announced the implementation
of a new share subscription facility for 50 million Swiss francs
with a main shareholder.  urn:newsml:reuters.com:*:nFWN2JV16P
    * Addex  ADXN.S  said it received IND approval to start a
phase 2a clinical study for ADX71149 in epilepsy.  urn:newsml:reuters.com:*:nFWN2JV11Y
    * Medacta  MOVE.S  reported a 2.6% drop in full-year
revenues.  urn:newsml:reuters.com:*:nASN000QND
    * Galenica  GALE.S  reported full-year consolidated net
sales of 3.48 billion Swiss francs.  urn:newsml:reuters.com:*:nFWN2JV16J
    * Belimo  BEAN.S  reported a 4.5% decline in full-year net
sales.  urn:newsml:reuters.com:*:nFWN2JV16K
    * Autoneum  AUTON.S  reported a 24.2% decline in full-year
revenue.  urn:newsml:reuters.com:*:nFWN2JV11X

    
    ANALYSTS' VIEWS
    * LOGITECH  LOGN.S : CREDIT SUISSE RAISES TARGET PRICE TO
CHF 116 FROM CHF 101
    * SWISS RE  SRENH.S : CITIGROUP RAISES PRICE TARGET TO CHF
95.1 FROM CHF 92.4
    * RICHEMONT  CFR.S : COWEN AND COMPANY RAISES TARGET PRICE
TO CHF 80 FROM CHF 62
    * JULIUS BAER  BAER.S : CREDIT SUISSE RAISES TARGET PRICE TO
CHF 63 FROM CHF 60
    * UBS  UBSG.S : CREDIT SUISSE RAISES TARGET PRICE TO CHF 16
FROM CHF 15.5
    
    
    ECONOMY
    Swiss December M3 data due around 0800 GMT.
    

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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