Swiss stocks - Factors to watch on Oct 13

VP Bank AG

13/10/2015 06:51

ZURICH, Oct 13 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Tuesday: 
     
    SONOVA  SOON.VX   
    The world's largest maker of hearing aids will hold its 
annual investor day beginning 0630 GMT Tuesday at its 
headquarters in Staefa, Switzerland. Slides will be available on 
the company website as of 0700 GMT. 
    For more click on  SOON.VX  
     
    COMPANY STATEMENTS  CPR-CH   
    * Logistics company Kuehne und Nagel International AG 
 KNIN.VX  increased nine-month earnings by 6.7 percent in 2015 
to 512 million Swiss francs ($531.84 million) despite negative 
currency effects of 7.5 percent, the group said. The sea freight 
business grew its U.S. imports from Europe and Asia, increasing 
that business's EBIT by 11.7 percent.  KNIN.VX  
    * VP Bank AG  VPB.S  is carrying out a second share buy-back 
from October 15 through October 28. The bank will repurchase a 
maximum of nearly 300,000 shares at 82 francs per share, which 
it will use for future acquisitions or treasury management 
purposes.  VPB.S  
    * Bossard Holding AG  BOS.S  saw a 5.9 percent sales 
increase in the first nine months thanks to acquisitions in the 
United States and Europe; without acquisitions, sales totalled 
449.4 million, down 4.5 percent.  BOS.S  
    * Steel producer Schmolz und Bickenbach AG  STLN.S  cut its 
full-year EBITDA forecast to 160-180 million euros  
($181.92-$204.66 million)  on the expectation that weak demand 
from the oil and gas industry will not let up this year. The 
company sees worse results for the second half after raw 
material prices slid and orders declined through August. 
 STLN.S  
    * SE Swiss Estates AG  SEAN.BN  will distribute a total of 
682,870 Swiss francs in participation certificates, following 
through on the nominal value reduction decided during its 
general meeting on June 4.  SEAN.BN  
    * Addex Therapeutics Ltd  ADXN.S  said its ADX71441 
demonstrated robust efficacy in multiple preclinical models of 
alcohol use disorder. In these models, carried out in 
collaboration with the U.S. National Institute on Alcohol Abuse 
and Alcoholism, ADX71441 reduced motivation to consume alcohol 
in both normal and alcohol-dependent rats.  ADXN.S  
    * Partners Group Holding AG  PGHN.S  has exited an 
investment in the Swedish Securitas Direct Verisure Group, the 
investment manager said. Subject to customary regulatory 
requirements and approvals, the transaction is expected to 
provide a money multiple of around 1.5x to Partners Group's 
clients, the group said.  PGHN.S  
 
    ECONOMY  M-CH  
    Swiss producer/import prices for September at 0715 GMT 
 
($1 = 0.9627 Swiss francs) 
 
($1 = 0.8795 euros) 
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/