Swiss stocks - Factors to watch on October 27
27/10/2020 05:45
ZURICH/BERLIN, Oct 27 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
CORONAVIRUS
Asian stocks markets fell as soaring global coronavirus
cases and slow progress on a U.S. stimulus deal hammered
investor sentiment and took a toll on Wall Street. urn:newsml:reuters.com:*:nL1N2HI03J
The U.S., Russia, France and many other countries are
setting records for coronavirus infections as a wave of cases
washes over parts of the Northern Hemisphere, forcing some
countries to impose new curbs. urn:newsml:reuters.com:*:nL1N2HH0K4
Europe needs a "serious acceleration" in the fight against
the coronavirus and a lack of contact-tracing capacity could
drive the disease into the darkness, a top World Health
Organization official said. urn:newsml:reuters.com:*:nL1N2HH1S3
NOVARTIS NOVN.S
Q3 results due
COMPANY STATEMENTS
* Bucher Industries BUCN.S said demand for its products
and services normalised in the third quarter and added it
anticipates a slight recovery in business performance for the
remainder of the year. urn:newsml:reuters.com:*:nTENf7f14a
* Schweiter Technologies SWTQ.S said the positive
performance in the first half of the year continued into the
second half, with sales on a par with the previous year and
earnings significantly higher. For the full year, Schweiter
expects largely unchanged sales and earnings well in excess of
the previous year's. urn:newsml:reuters.com:*:nGNE1VVCK
* Datacolor DCN.S reported a fiscal full-year loss of $0.6
million, pointing to the economic downturn caused by the
pandemic. urn:newsml:reuters.com:*:nTENqrcmta
ANALYSTS' VIEWS
LINDT & SPRUENGLI LISP.S - Baader Helvea cuts target price
to CHF 7,000 from CHF 7,200
BARRY CALLEBAUT BARN.S - Baader Helvea cuts to reduce from
add; cuts target price to CHF 1,900 from CHF 1,960
ECONOMY
No major Swiss economic data scheduled
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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