Daetwyler, Inficon, Julius Baer, Zurich: 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.
Daetwyler Holding AG (DAE SW): The manufacturer said its rubber unit won an order extension worth 200 million Swiss francs from Nestle SA’s Nespresso business. The extension runs until 2015, the company said. The shares decreased 0.3 percent to 76 francs.
Inficon Holding AG (IFCN SW): The supplier of portable poison-gas detectors would consider buying small, privately owned companies, Chief Executive Officer Lukas Winkler was cited as saying by Finanz und Wirtschaft. The shares fell 1 percent to 173 Swiss francs.
Julius Baer Holding AG (BAER VX): The Swiss private bank suspects client data were leaked, Handelszeitung reports. Baer rose 1 percent 43.85 francs.
Leclanche SA (LECN SW): The maker of batteries for the Swiss army said it raised 31.3 million Swiss francs in a share sale, exceeding its target of 25 million francs, to fund growth. The stock dropped 1.4 percent to 28.1 francs.
Myriad Group AG (MYRN SW): The Swiss software developer said Jean Schmitt resigned from the board of directors effective immediately. Myriad dropped 1.8 percent to 5.01 francs.
Newron Pharmaceuticals S.p.A. (NWRN SW): The Italian biotechnology company said in a statement it has raised 3.5 million Swiss francs through a private placement to Great Point Partners LLC. The shares declined 0.9 percent to 5.41 francs.
Winterthur Technologie SA (WTGN SW): The Swiss company being acquired by 3M Co. said net income in the third quarter jumped to 5.26 million euros from 750,000 euros a year earlier. The shares surged 2.1 percent to 64 francs.
Zurich Financial Services AG (ZURN VX): Switzerland’s biggest insurer said its Turkish subsidiary Zurich Sigorta AS signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey. Zurich rose 0.7 percent to 245 francs.
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