Swiss stocks - Factors to watch on Oct 27
27/10/2014 07:31
ZURICH, Oct 27 (Reuters) - Swiss stocks were expected to
open slightly higher on Monday, tracking European shares, buoyed
by cautious optimism among investors over the health of the euro
zone's banks.
The Swiss blue-chip index .SSMI was seen up 0.4 percent
at 8,563 points, according to premarket indications by bank
Julius Baer JBPRE01 .
The following are some of the main factors expected to
affect Swiss stocks on Monday:
NOVARTIS NOVN.VX
Australia's CSL Ltd CSL.AX , the world's largest blood
products company, said on Monday it had agreed to buy Novartis
AG's global influenza vaccine business for $275 million.
For more, click on NOVN.VX
SGS SGSN.VX
The world's largest testing and inspection company, expects
organic growth of 5.5-6 percent in 2014, the company's chief
executive said in a newspaper interview published on Saturday.
For more, click on SGSN.VX
COMPANY STATEMENTS CPR-CH
* Roche ROG.VX said its Esbriet drug had received a
positive opinion from the Committee for Medicinal Products for
Human Use for an update to its European prescribing information.
ROG.VX
* Meyer Burger Technology MBTN.S said its production
capacities at the Colorado Springs site are being adjusted in
connection with GT Advanced Technologies Inc.'s motion for
protection under the United States' bankruptcy code. MBTN.S
* PubliGroupe PUBN.S said it adopted numerous resolutions
endorsing its integration into the Swisscom SCMN.VX at the
company's extraordinary general meeting. PUBN.S
* Perrot Duval PED.S said it is expecting sales and
margins to fall slightly in the current year following the
completion of its merger with Infranor Inter INI.S , before
rising again during the subsequent five periods, assuming
general economic conditions remain constant. PED.S
* Bucher Industries BUCN.S said it expects full-year 2014
sales growth and a moderate fall in profitability from the
record high in 2013, as nine-month order intake rose by 2.1
percent to 2 billion Swiss francs. BUCN.S
* Raiffeisen said it will form Notenstein Asset Management,
which will initially manage assets of 12 billion Swiss francs
and help provide the necessary platform for the conclusion of
cooperation with Vontobel VONN.S at the end of 2017.
ECONOMY M-CH
((Zurich newsroom +41 58 306 7340, fax 41 44 251 0476,
zurich.newsroom@news.reuters.com))
((Xtra clients: for Top News Pages in multimedia Web format,
double click on http://topnews.session.rservices.com
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German................ .SDE
Daily pan-European stocksdex SMI moves.................. .SSMI
All SMI constituent stocks............................ 0#.SSMI
News on major Swiss stock price moves.................. CH-HOT
Table on major world stock market performance........... .STX
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/ SEGAIntersettle www.sega.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