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PEAN - Peach Property AG News Story

CHF57.4 1.0  1.8%

Last Trade - 26/01/22

Sector
Financials
Size
Mid Cap
Market Cap £765.6m
Enterprise Value £2.03bn
Revenue £274.5m
Position in Universe 429th / 1056

Swiss stocks - Factors to watch on May 27

Thu 27th May, 2021 5:42am
ZURICH/BERLIN, May 27 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    CREDIT SUISSE  CSGN.S  
    The Swiss bank detailed on Thursday the additional capital
buffer imposed by Swiss market watchdog FINMA in relation to the
Swiss bank's exposure to collapsed U.S. investment fund
Archegos.  urn:newsml:reuters.com:*:nZ8N2K802F
    The bank's Brazil chief executive, Jose Olympio Pereira,
plans to leave the bank by year-end, according to an internal
memo seen by Reuters.  urn:newsml:reuters.com:*:nL2N2ND33U
    
    SULZER  SUN.S 
    The Swiss industrial company is spinning off its applicator
systems unit, it said on Thursday, in a deal that will give
shareholders ownership and raise up to 300 million Swiss francs
($334 million) in fresh capital to grow the business.
 urn:newsml:reuters.com:*:nL5N2NE0WX
      
    NOVARTIS  NOVN.S  MOLECULAR PARTNERS  MOLN.S 
    The Swiss drugmakers said on Thursday they will start a
clinical trial for an investigational medicine they are
developing to treat COVID-19, as they aim to prevent worsening
symptoms and hospitalization.  urn:newsml:reuters.com:*:nASN0018TN
    
    SGS  SGSN.S 
    The testing and analysis company said it is sticking to its
2021 targets and plans to at least maintain its dividend for the
year.  urn:newsml:reuters.com:*:nFWN2ND0WV
    
    
    COMPANY NEWS
    * Peach Property  PEAN.S  said it is buying 4,300 apartments
in Germany  PEAN.S 
    * Dufry  DUFN.S  said it won a contract at the Cayenne
International Airport  DUFN.S 
    * Ascom  ASCN.S  said it won a contract worth 2.2 million
euros from a German hospital group  ASCN.S 
    * Swiss Life  SLHN.S  said it improved the portfolio and
cost structure of its occupational benefit plan operating
account  SLHN.S 
    
    
    ECONOMY
    Swiss April trade balance due at 0600 GMT. 
    Swiss Q1 non-farm payrolls due at 0630 GMT. 
    

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