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Latest Blogs

Swiss stocks - Factors to watch on Oct 15

Source: Reuters - Thu 15th Oct 2009

The following are some of the main factors expected to affect Swiss stocks on Thursday:

ROCHE

Roche's third-quarter sales rose 14 percent to 12.4 billion Swiss francs ($12.2 billion), helped by its cancer drugs and beating expectations, and it upped its forecast for flu medicine Tamiflu.

UBS

Some 7,500 wealthy Americans turned over information about hidden overseas assets, including some valued at more than $100 million, ahead of a tax amnesty programme's Thursday deadline, the top U.S. tax collector said.

ECONOMY

ZEW investor sentiment data for October is due at 0900 GMT.

COMPANY STATEMENTS

* Walter Meier plans a share buy back for capital reduction

* Credit Suisse is pleased to announce the appointment of Doug Cliggott as the U.S. Equity Strategist, effective immediately.