Swiss stocks - Factors to watch on May 4
ZURICH/BERLIN, May 4 (Reuters) -Here are some of the main factors that may affect Swiss stocks on Thursday:
Staffing group Adecco beat first-quarter sales expectationson Thursday, as companies rushed to outplacement markets after laying off staff to cope with the economic uncertainty.
SWISS RE SRENH.S
The reinsurance company said on Thursday that it swung to a net profit in the first quarter that was bigger than analysts had expected and was helped by higher prices and improved investment results.
Schaffner Says Half Year Net Sales Rose By 7.4% Year-On-Year To CHF 84.8 Million
Swisscom SCMN.S first quarter sales fell slightly by CHF 12 mln to CHF 2.044 bln, reported EBIT of CHF 573 mln
GAM Holding Says Board Recommends Offer By Liontrust, reports FY Loss After Tax Widens To CHF 290.0 Million
STRAUMANN HOLDING AG STMN.S: MORGAN STANLEY RAISES TARGET PRICE TO CHF 103 FROM CHF 97
SIKA AG SIKA.S: MORGAN STANLEY RAISES TARGET PRICE TO CHF 312 FROM CHF 294
No major Swiss economic data scheduled.
Reporting by Zurich newsroom and Berlin Speed Desk
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