Swiss stocks - Factors to watch on April 13

NEBAG AG

13/04/2017 05:45

ZURICH, April 13 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Thursday: 
     
    UBS  UBSG.S   
    UBS Wealth Management Americas named Mark Sanborn as head of 
capital markets & sales, according to an internal memo obtained 
by Reuters.  urn:newsml:reuters.com:*:nL3N1HK4VA 
    For more news, click  UBSG.S  
     
    GAM HOLDING  GAMH.S  
    Activist investor RBR said proxy advisor Institutional 
Shareholder Services (ISS) is supporting its recommendations 
that shareholders vote for the election of Kasia Robinski and 
Rudolf Bohli at GAM Holding's upcoming annual general meeting as 
well as for the removal of incumbent nominee Diego du Monceau. 
"While we are not endorsing the dissident's turnaround plan, we 
recognize that the dissident has made a compelling case that 
change at the board level is warranted," ISS said in a report, 
sent to media by RBR. "The primary issue to be addressed is the 
company's operating performance." 
    For more news, click  GAMH.S  
 
    COMPANY STATEMENTS  CPR-CH  
    * Gurit  GUR.S  reported a 0.4 percent sales decline to 87.4 
million Swiss francs in the first quarter of 2017. Factoring out 
currency effects, sales rose 3.6 percent.  GUR.S  
    * Tornos Holding  TOHN.S  said the first quarter of 2017 saw 
a sharp rise in demand for Tornos products and that shareholders 
approved all proposals of the Board of Directors at the 
company's annual general meeting.  TOHN.S  
    * Flughafen Zuerich  FHZN.S  said 2,195,583 passengers were 
handled at Zurich Airport in March, up 6.4 percent versus the 
previous year.  FHZN.S  
    * Nebag AG  NBEN.S  posted full-year profit of 10.32 million 
Swiss francs, up from 2.54 million francs in the previous year. 
 NBEN.S  
    * Schindler  SCHP.S  said it will present Schindler Ahead, 
which it said will serve as a platform for the development of 
new smart products and services, at the Hanover Industrial Fair 
2017.  SCHP.S  
     
    ECONOMY  M-CH  
    * Swiss producer and import prices for March released at 
0715 GMT  CHPPI=ECI  
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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