off-the-wire

Swiss stocks - Factors to watch on February 10

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH/BERLIN, Feb 10 (Reuters) - The Swiss blue-chip SMI was seen opening 0.5% lower at 11,116 points on Friday, according to premarket indications by bank Julius Baer . Here are some of the main factors that may affect Swiss stocks: CREDIT SUISSE Finma says that while Credit Suisse Group's liquidity buffers had a stabilising effect on the bank and are being rebuilt after outflows, the regulator "monitors banks very closely during such situations." ROCHE The company said the Roche Long Term Foundation has acquired 540,000 bearer shares in the pharmaceuticals maker. Separately it said new Phase III data showed vabysmo rapidly improved vision and reduced retinal fluid in people with retinal vein occlusion RICHEMONT Richemont said it has nominated former Audi AUDVF.PK Chief Executive Bram Schot for election to the luxury group's board. COMPANY STATEMENTS
* SGS SA : said it has signed an agreement with Sproule to divest its subsurface consultancy business
* Bell Food Group Says FY EBIT Came To CHF 162.9 Mln, Up 0.4% EMS CHEMIE HOLDING AG FY Net Income CHF 535 Million ANALYSTS' VIEWS CREDIT SUISSE GROUP AG : RBC CUTS TARGET PRICE TO CHF 3 FROM CHF 3.50 MEYER BURGER TECHNOLOGY AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 0.31 FROM CHF 0.21 KOMAX HOLDING AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 308 FROM CHF 300 KOMAX HOLDING AG : CREDIT SUISSE CUTS TO NEUTRAL FROM OUTPERFORM ZURICH INSURANCE GROUP AG : JP MORGAN CUTS TARGET PRICE TO CHF 500 FROM CHF 550 CREDIT SUISSE GROUP AG : MORGAN STANLEY CUTS TARGET PRICE TO CHF 3.5 FROM CHF 4 ADECCO GROUP AG : MORGAN STANLEY CUTS TARGET PRICE TO CHF 29.6 FROM CHF 30.1 CREDIT SUISSE GROUP AG : BARCLAYS CUTS TARGET PRICE TO CHF 2.3 FROM CHF 2.9


ZURICH INSURANCE GROUP AG : BERENBERG CUTS TARGET PRICE TO CHF 510.7 FROM CHF 522.1 SWISSCOM AG : BERENBERG RAISES TO HOLD FROM SELL; RAISES TARGET PRICE TO CHF 500 FROM CHF 380


ECONOMY No major Swiss economic data scheduled. (Reporting by Zurich newsroom and Berlin Speed Desk)


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