Swiss stocks - Factors to watch on March 1
01/03/2016 05:32
ZURICH, March 1 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Tuesday.
SWISS LIFE SLHN.VX
The Swiss insurer reports 2015 full-year earnings. The
average poll estimate for net profit was for 835 million Swiss
francs. urn:newsml:reuters.com:*:nL8N1652CE
For more click SLHN.VX
NESTLE NESN.VX
The food giant is pushing ahead with plans to invest 1
billion Egyptian pounds ($127.71 million) in the northern
African country in the next few years, despite a foreign
exchange shortage that has made it harder to finance imports and
repatriate profit. urn:newsml:reuters.com:*:nL8N1684GY
For more click NESN.VX
ASCOM ASCN.S
The Zug-based telecommunications company is getting a new
board member from Swiss activist investor Veraison. Valentin
Chapero Rueda, former chief executive of Swiss hearing aid maker
Sonova and a Veraison founder, was proposed as an Ascom board
member after Veraison took a stake of just over 3.3 percent.
The move comes after Veraison, increasingly active in public
Swiss companies, told Komax Holding KOMN.S last week it wanted
two of its loyalists on the board, a request Komax said it would
"examine."
For more click [ASCN.S>
COMPANY STATEMENTS CPR-CH
* Geberit GEBN.VX said it has concluded its share buyback
program, started in April 2014. GEBN.VX
* Implenia IMPN.S said it has competed the "Wehrhahn
Line", Düsseldorf's new underground city rail link, and handed
it over to the German city on schedule. IMPN.S
* Allreal ALLN.S said net profit including revaluation
effect for 2015 was 121.9 million francs, 16.8 percent above the
previous year. ALLN.S
* Starrag Group STGN.S said Eberhard Schoppe is resigning
the leader of the business unit Transportation and Industrial
Components. The company is now deciding on his replacement.
STGN.S
ECONOMY M-CH
Switzerland releases retail sales at 0915 CET and the
manufacturing PMI at 0930 CET.
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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