Swiss stocks - Factors to watch on Nov 8

One Swiss Bank SA

08/11/2016 05:49

ZURICH, Nov 8(Reuters) - The following are some of the main 
factors expected to affect Swiss stocks on Tuesday. 
       
    ADECCO  ADEN.S  
    The world's largest staffing company is due to report its Q3 
earnings at 0600 GMT, with analysts forecasting a 4 percent 
decline in earnings before interest, tax and amortisation.  
    For more news click on  ADEN.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * Meyer Burger  MBTN.S  announced a comprehensive 
recapitalisation programme with a capital increase of about 160 
million Swiss francs  ($164.27 million). The announcement came 
as the company posted incoming orders of 358.5 million francs 
for the first nine months of 2016, 15 percent higher than a year 
earlier.  MBTN.S  
    * Burkhardt Compression  BCHN.S  said first half sales rose 
11 percent to 269.6 million francs while total orders received 
amounted to 222.8 million Swiss francs, a decline of 12.4 
percent.  BCHN.S  
    * Dormakaba  DOKA.S  said it has signed an agreement to 
acquire U.S.-based Mesker Openings Group and expects to close 
the transaction in 2016 upon the satisfaction of customary 
closing conditions.  DOKA.S  
        * Myriad Group  MYRN.S  announced a new 
platform-as-a-service proposition that will enable companies of 
all sizes to connect with their customers via their mobile 
devices.  MYRN.S  
 
 
 
     
    ECONOMY  M-CH  
    * An interest rate hike by the U.S. Federal Reserve could 
help the Swiss National Bank in its efforts to keep a lid on the 
value of the strong Swiss franc, SNB governing board member 
Andrea Maechler said in an interview broadcast on Monday. 
 urn:newsml:reuters.com:*:nZ8N1BP01L 
    * Swiss jobless data is due to be released at 0645 GMT. 
    * The Treasury is due to announce the results of its monthly 
bond tender at 0700 GMT 
     
     
     
 
 
($1 = 0.9740 Swiss francs) 
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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