Swiss stocks - Factors to watch on July 24

Youngtimers AG

24/07/2017 06:30

ZURICH, July 24 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Monday:   
     
    JULIUS BAER  BAER.S  
    Assets under management at Julius Baer  BAER.S  grew by 6 
percent to 355 billion Swiss francs ($375.18 billion) in the 
first six months of 2017, the Swiss private bank said on Monday, 
roughly in line with analysts' estimates.  urn:newsml:reuters.com:*:nFWN1KC04H  BAER.S  
     
    GIVAUDAN  GIVN.S  
    Givaudan Chief Executive Gilles Andrier expects faster 
organic growth in the second half of 2017, he told newspaper 
Finanz und Wirtschaft.  urn:newsml:reuters.com:*:nL5N1KD0BB  GIVN.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * Leonteq  LEON.S  CEO Jan Schoch tells newspaper Finanz und 
Wirtschaft he no longer expects to make a loss in 2017 due to 
higher demand for structured products, lower costs and a 
positive impact from rising volatility. 
    * Energiedienst Holding  EDHN.S  expects operating profit of 
40-50 million euros in 2017 after half-year EBIT rose to 20.6 
million euros in the first six months.  EDHN.S  
    * Meyer Burger  MBTN.S  has received new contracts of around 
22 million francs from an Asian customer for its MB PERC cell 
technology, the group announced.  MBTN.S  
    * Cosmo Pharmaceuticals  COPN.S  has submitted a new drug 
application to the FDA for LuMeBlue, its drug aimed at upping 
adenoma detection rates.  COPN.S  
    * Content marketing and digital media group 5EL  FEL.S  said 
it was informed by Highlight Event & Entertainment  HLEE.S  that 
the event marketing holding group ad purchased 0.6 million 
shares in 5EL, or slightly below 20 percent ownership interest. 
 FEL.S   HLEE.S  
 
    ECONOMY  M-CH  
    *  
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/