Breaking News

Tweet TWEET

Credit Suisse, Datacolor, Transocean: Swiss Equity Preview

The following is a list of companies whose shares may have unusual price changes in Zurich. Stock symbols are in parentheses after company names. Share prices are from the last close.

The Swiss Market Index of the biggest and most actively traded companies gained 0.2 percent to 6,560.43 in Zurich. The broader Swiss Performance Index also climbed 0.2 percent to 5,873.57.

Credit Suisse AG (CSGN VX): Switzerland’s second-biggest bank was cut to “neutral” versus “buy” at Nomura Holdings Inc. The shares declined 1.4 percent to 38.47 Swiss francs.

Datacolor AG (DCN SW): Werner Dubach, Datacolor’s chief executive officer, offered to buy the company at 438.40 francs per share. The shares gained 3.7 percent to 420 francs.

EGL AG (EGL SW): The power plant operator reported full year net income of 25.3 million francs ($26.1 million), compared with 186.7 million a year earlier. The shares increased 0.5 percent to 689 francs.

Evolva Holding SA (EVE SW): The biopharmaceutical company has started a multiple ascending dose study of EV-077, a chemical product, the company said in a statement. The shares lost 4.2 percent to 1.81 francs.

Transocean Ltd. (RIGN VX): The Obama administration sued units of BP Plc and four other companies, including Geneva-based oil services company Transocean, saying they violated environmental laws, causing the world’s largest accidental oil spill, according to a court filing. The shares declined 1.2 percent to 69.80 francs.

To contact the reporter on this story: Giles Broom in Zurich at gbroom@bloomberg.net.

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.