KUEHNE UND NAGEL Swiss logistics group Kuehne und Nagel on Wednesday reported a 43% drop in fourth-quarter operating profit amid slowing economic activity, and said it expected geopolitical and inflationary challenges to persist in 2023.
SWISS LIFE Swiss Life increases net profitin 2022 by 16%.
JULIUS BAER Julius Baer said on Wednesday it has completed the 400 million Swiss franc ($425.35 million) share buy-back programit launched in March 2022.
COMPANY STATEMENTS
*Landis+Gyr says it signed a contractwith WEC
Energy Group to expand existing AMI program for gas And
electricity
*Credit Suisse announced a change of leadership in
Personal & Business Banking
ANALYSTS' VIEWS BUCHER INDUSTRIES AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 473 FROM CHF 419 ALCON AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 82 FROM CHF 80 ADECCO GROUP AG : JP MORGAN RAISES TARGET PRICE TO CHF 29 FROM CHF 28 ALCON AG : JP MORGAN RAISES TARGET PRICE TO CHF 63.8 FROM CHF 60
ECONOMY
Swiss January retail sales due at 0730 GMT. Swiss February Manufacturing PMI due at 0830 GMT. (Reporting by Zurich newsroom and Berlin Speed Desk)
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