Swiss stocks - Factors to watch on Nov 2
02/11/2015 06:13
ZURICH, Nov 2 (Reuters) - The following are some of the main
factors expected to affect Swiss stocks on Monday:
SWISS ECONOMY
At least 70 Swiss manufacturers have increased employees'
working hours this year, a newspaper said on Sunday, under
measures to compensate for a strengthening of the Swiss franc
that has hurt exports.
For more click urn:newsml:reuters.com:*:nL8N12W0F4
SWATCH UHR.VX
Swatch Group expects to launch a smartwatch that can be used
to make payments in Switzerland next spring, Chief Executive
Nick Hayek said in an interview with a Swiss newspaper published
on Saturday. urn:newsml:reuters.com:*:nL8N12V0D4
For more click on UHR.VX
CREDIT SUISSE CSGN.VX
The Swiss bank's communications chief is leaving the bank
after 15 months on the job, the bank said on Saturday, 10 days
after new Chief Executive Officer Tidjane Thiam set out plans
for a major overhaul. urn:newsml:reuters.com:*:nL8N12V0HA
For more click on CSGN.VX
UBS UBSG.VX
UBS Group AG's Wealth Management Americas said it hired
three financial advisers, who together have about $695 million
in assets under management. urn:newsml:reuters.com:*:nL3N12U5ZT
For more click on UBSG.VX
COMPANY STATEMENTS CPR-CH
* Elma Electronic AG ELMN.S said it had prematurely
extended the private placement closed in July, 2012 from a group
of private investors in the amount of 10 million Swiss francs
for another period of five year. ELMN.S
* Valartis Group VLRT.S said Jean-Francois Ducrest had
announced that he would be withdrawing from group board of
directors with immediate effect. VLRT.S
* Zehnder Group ZEHN.S said it had successfully completed
its public share repurchase. The maximum 220,000 registered
shares A were repurchased, the group said. ZEHN.S
* Crealogix CLXN.S said it had raised 25 million Swiss
francs. The convertible bond launched on 22 October 2015 was, it
said, very oversubscribed. CLXN.S
* Kudelski Group KUD.S said its OpenTV, Inc. and Nagra
France SAS subsidiaries had filed a patent infringement suit
against Verizon Communications VZ.N and its subsidiary AOL
Inc. in the United States District Court for the Eastern
District of Texas. KUD.S
* Evolva EVE.S announces the successful completion of its
collaboration with Roquette Freres which started in January
2012. Evolva is entitled to a final payment within the next few
weeks, based on the value added by Evolva's production route, it
said. This amounts to 1.2 million Swiss francs and has no impact
on the financial outlook for 2015, the group said. EVE.S
ECONOMY M-CH
SNB sight deposits data due at 0800 GMT
Retail sales due at 0815 GMT
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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Keywords: MARKETS SWISS STOCKS/