Swiss stocks - Factors to watch on March 14

Schlatter Industries AG

14/03/2016 06:08

ZURICH, March 14 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Monday. 
     
    SWISSCOM  SCMN.S  
    The telecommunications group's Chief Executive Urs Schaeppi 
told Swiss broadcaster SRF the state did not have to remain its 
majority shareholder but it was important that the company have 
a key shareholder with a long-term view to provide it 
entrepreneurial freedom, as the Swiss state has done. 
    For more click on  SCMN.S    
     
    CREDIT SUISSE  CSGN.S  
    The No. 2 Swiss bank said it would lay off 163 employees at 
its New York office, as part of a restructuring plan under new 
Chief Executive Tidjane Thiam.  urn:newsml:reuters.com:*:nL4N16J5DP 
    For more click  CSGN.S  
     
    SIKA  SIK.S  
    The Swiss building materials maker's founding family and 
France's Saint Gobain have extended their agreement until 2017 
for the French company to buy the family's shares. The Sika 
board opposes the transaction and is fighting it in court.  
    For more click  SIK.S  
     
    LINDT & SPRUENGLI  LISP.S  
    The chocolate maker's long-serving Chief Executive Officer 
Ernst Tanner plans to step down from that position by 2020, he 
told Swiss newspaper SonntagsZeitung.  urn:newsml:reuters.com:*:nL5N16L09D 
    For more click on  LISP.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * Aryzta  ARYN.S  said its first-half underlying profit from 
continuing operations rose 2 percent to 141.1 million 
euros($157.48 million). [ARYN.S> 
    * Helvetia  HELN.S  said it boosted its earnings 4 percent 
439 million francs in 2015, helped by acquisitions including 
Nationale Suisse and Basler Oesterreich. It proposed boosting 
its dividend to 19 francs per share, from 18 francs. HELN.S  
    * Schlatter  STRN.S  said its 2015 loss widened to nearly 7 
million Swiss francs, for 200,000 francs a year earlier. 
 STRN.S  
    * BB Biotech  BION.S  completed its current share buyback 
programme  urn:newsml:reuters.com:*:nHUG8cMLwK 
    * PSP Swiss Property  PSPN.S  said on Friday it had settled 
with several counterparties the negative Swiss franc Libor 
issues. "Today, the last remaining open case has been solved." 
    * BKW  BKWB.S  said it expects a reshuffling among its 
directors. Deputy Chair Kurt Rohrbach and Dominique Gachoud will 
retire from the board of directors at the next general meeting. 
The Canton of Bern has also decided to appoint only one delegate 
to the board, with the result that Executive Councillor Beatrice 
Simon-Jungi will exit the board. BKW's shareholder Groupe E Ltd. 
has nominated Paul-Albert Nobs to succeed its representative 
Dominique Gachoud.  BKWB.S  
     
     
    SIX Swiss Excchange announced these changes to the SPI 
Select Dividend 20 index basket, effective March 21: 
 
 Admissions to the SPI     CH0002168083  
 Select Dividend 20         
 PANALPINA N                
 SWISS RE N                CH0126881561  
 RICHEMONT N               CH0210483332  
 VONTOBEL N                CH0012335540  
 GAM N                     CH0102659627  
 PARGESA I                 CH0021783391  
  
 Exclusions from the SPI   CH0002497458  
 Select Dividend 20 SGS N   
 ZURICH INSURANCE N        CH0011075394  
 ADECCO N                  CH0012138605  
 PARTNERS GROUP N          CH0024608827  
 GEBERIT N                 CH0030170408  
 SULZER N  
     
    ECONOMY  M-CH  
    Data on sight deposits at Swiss National Bank due around 
0800 GMT 
 
 
 
 
($1 = 0.8960 euros) 
 
 (Reporting by Zurich newsroom) 
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Keywords: MARKETS SWISS STOCKS/