Swiss stocks - Factors to watch on March 5

Schaffner Holding AG

05/03/2015 05:56

ZURICH, March 5 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Thursday: 
     
    SWATCH  UHR.VX  
    Swatch  UHR.VX  is to appeal a decision on Wednesday by a 
Dutch court to set aside a 402 million Swiss franc ($416.67 
million) arbitration ruling in 2013 against U.S. jeweller 
Tiffany  TIF.N . 
    For more, click on  ID:nL5N0W648L  
       
    COMPANY STATEMENTS  CPR-CH  
    * Schaffner Group  SAHN.S  expects its full-year earnings 
margins to fall by around on percent on the back of the Swiss 
currency cap removal.  
    * Altin AG  ALTN.S  said Alpine Select AG now holds 785,296 
shares, representing 20.54 percent, in its issued share capital. 
    * Bucher  BUCN.S  said it will pay an unchanged dividend of 
6.5 Swiss francs per share for 2014. It expects a 10 percent 
reduction in Swiss franc sales this year due to the strong 
currency and a 15 percent reduction in operating profit. 
     
    ECONOMY  M-CH  
    The Swiss government has not asked its central bank to 
introduce a new cap on the value of the Swiss franc, a spokesman 
for the government said on Wednesday, after a Swiss newspaper 
reported that two ministers had suggested such a move. 
    For more, click on  ID:nL5N0W648Lc  
     
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))