Hints and tips:
...● Polypipe slipped to its lowest since January after its full-year results showed production bottlenecks holding back margins....
...For instance, Bâloise, a Swiss insurer, did not write down its Greek government bond holdings at all in its first-half results, arguing that the country had not yet defaulted....
...Swiss Re, ZFS, Swiss Life, Baloise and Helvetia, the largest listed Swiss insurers, are among about 70 Swiss groups to have handed in internal capital models to Finma for approval, which will help them avoid...
...- Corporate: SIG, Aviva, Greggs, Salamander Energy (results, acquisition and convertible bond offering), Berkeley Group, Savills, London Mining, Capital & Regional, European Goldfields, Baloise, Enel....
...Baloise of Switzerland added 9.1 per cent to SFr70.85 after JPMorgan gave it an ”overweight” rating and lifted its target price to SFr95 from SFr80. Germany’s Allianz rose 3.4 per cent to €66.34....
...On the results front, Baloise jumped 5 per cent to SFr92.15 after the insurer reported better-than-forecast full-year figures....
...The broker upped its price target on Baloise to SFr58.4 from SFr51.9, boosting Baloise shares 1 per cent to SFr52.65....
...Baloise held up well to post a 0.1 per cent gain at SFr48.80; UBS lowered its price target on the stock to SFr55 from SFr60....
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