reported a slight decline of 1% in its revenues. However, this decline is primarily attributable to the strengthening of Swiss franc against major currencies such as the U.S. dollar and Japanese yen. Excluding the effect of currency movements, Roche
The following statement was released by the rating agency) LONDON, April 16 (Fitch) Fitch Ratings has affirmed Switzerland -based healthcare company Roche Holding Ltd's (Roche) Long-term Issuer Default Rating (IDR) and senior unsecured
ISTANBUL, April 16 (Reuters) - Turkish cement makers are interested in acquisition opportunities that could arise from the merger of Holcim of Switzerland and France's Lafarge to create the world's biggest cement maker.
Credit Suisse ( CS ) Q1 net profit dropped 34% to 859M Swiss francs ($976M) and missed consensus of 1.09B francs. Net revenues declined 8% to 6.47B francs. Total assets -7% to
during the period. Growth in developed markets was only 0.6%, while emerging markets saw a 8.5% increase in sales. A strong Swiss franc was a drag on earnings. It's a trend the company warns could continue. Post your comment!
Underlying sales ticked up 4.2%, reflecting 2.6% volume growth and 1.6% higher prices. However, strength in the Swiss franc had a pronounced impact on reported sales, which tumbled more than 5%. From our perspective, Nestle's underlying
ZURICH, April 15 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Tuesday:
ZURICH, April 15 (Reuters) - Swiss property redevelopment company HIAG Immobilien said on Tuesday it plans to list shares on the Zurich stock market in the second quarter, raising at least 200 million Swiss francs ($224 million) mostly to fund site projects and pay off debt.
* Shares due to start trading on Tuesday (Adds number of shares sold, proceeds, free float and background)
(Refiled to correct formatting for Reuters instrument code (RIC))