Swiss stocks - Factors to watch on July 14
14/07/2015 06:45
ZURICH, July 14 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Tuesday:
LINDT & SPRUENGLI LISN.S
Swiss chocolate maker Lindt & Spruengli LISN.S said
first-half sales rose by nearly one quarter following the
purchase of U.S. rival Russel Stover, missing expecations, as it
backed its sales targets for the full year.
For more, click on LISN.S
COMPANY STATEMENTS CPR-CH
* Holcim HOLN.VX said LafargeHolcim LHN.VX today starts
trading on the SIX Swiss Exchange in Zurich following the
successful completion of the merger between Holcim and Lafarge.
LHN.VX
* Kuehne & Nagel KNIN.VX said second-quarter net profit
rose nearly 7 percent to 162 million Swiss francs ($170.51
million) despite a 5.6 percent drop in net turnover to 4.373
billion francs, and said it is confident for further business
development. KNIN.VX
* Banque Syz said it will acquire Royal Bank of Canada's
RY.TO Swiss activities, which manages approximately 10 billion
francs. Financial details of the transaction weren't disclosed.
* Bossard BOS.S said first-half the net income fell by 8.4
percent to 29.6 million francs following the Swiss franc's
revaluation, and that Excluding negative currency effects of the
Swiss franc revaluation. The company discloses full results for
the six months on Aug 25. BOS.S
* Zehnder ZEH.S said it is selling its production plant in
Chalons-en-Champagne, France, part of a series of measures which
were disclosed last month. ZEH.S
* Implenia IMPN.S said it secured new modernisation
contracts worth around 80 million francs in total. IMPN.S
* Newron NWRN.S said the U.S. health regulator has granted
an orphan drug status to the company's sarizotan for treatment
of Rett syndrome. NWRN.S
ECONOMY M-CH
Producer/import prices due at 0715 GMT
($1 = 0.9501 Swiss francs)
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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