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Stocks Switzerland Latest Information
Switzerland Stocks Drop as Greek Debt Talks Continue; Bank Shares Decline Stocks in Switzerland advanced for a second day, led by the nation’s banks, as Greece’s political leaders discussed an austerity plan needed to obtain further financial aid from European Union countries. Stocks in Switzerland Drop as Novartis Earnings Miss Analysts’ Estimates Swiss stocks dropped, snapping two days of gains as health-care shares dragging the Swiss Market Index lower, after Novartis AG posted quarterly results that missed analysts’ estimates. European Stocks Drop for Second Day; Swatch, UBS Lead Decline European stocks fell for a second day as companies from Swatch Group AG to UBS AG declined after reporting earnings. Asian shares advanced while U.S. index futures fluctuated. European Stocks Drop on Greek Austerity Talks; LVMH, UBS Decline European stocks retreated as Greek Prime Minister Lucas Papademos sought to hammer out details of debt-control measures with the leaders of the three political parties that support his government. Asian shares rose, while U.S. index futures were little changed. Stocks, Euro Rise Amid Greek Debt Talks; Aussie Dollar Climbs Stocks rose and the euro strengthened as Greece held negotiations to secure rescue funds. The Australian dollar jumped to a six-month high after the central bank unexpectedly kept interest rates unchanged. Russell Developed Europe Index: Small- and Mid-Cap Stocks Primarily Led European Index Rebound in 2012 SEATTLE, WA-- - Year-to-date performance for the constituents of the Russell Developed Europe Index through February 7th, 2012:All cap sizes across the Russell Developed Europe Index showed positive returns ... European Stocks Post Biggest Weekly Rally of 2012; Xstrata Gains European stocks posted the biggest weekly gain this year, sending the Stoxx Europe 600 Index to its highest level in six months, as manufacturing increased globally and the U.S. jobless rate fell to the lowest in three years. Switzerland’s SMI Declines From a Six-Month High as UBS, Petroplus Retreat Stocks in Switzerland dropped, dragging the Swiss Market Index from a six-month high, amid concern that this year’s rally has pushed share prices beyond the outlook for economic growth and company earnings. European Stocks Post Biggest Weekly Rally of 2012; Xstrata, Glencore Gain European stocks posted the biggest weekly gain this year, sending the Stoxx Europe 600 Index to its highest level in six months, as manufacturing increased globally and the U.S. jobless rate fell to the lowest in three years. |
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