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SwissLife


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Top of the Street: Ubisoft, Swiss insurers

BUZZ-Top of the Street: Ubisoft, Swiss insurers A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** HSBC downgrades French video game maker Ubisoft UBIP.PA to "hold" from "buy" and cuts PT by 66% to EUR 10.8, citing Wednesday's profit warning and execution risks, and says there remain risks to earnings in the near term INITIATIONS AND REINSTATEMENTS ** Deutsche Bank initiates Baloise BALN.S with "buy", Helvetia HSPF.S with "hold" and Swiss Life SLHN.S with "
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Big Technologies, Safran, Volution Group

EUROPE RESEARCH ROUNDUP-Big Technologies, Safran, Volution Group Sept 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Big Technologies, Safran and Volution Group on Friday. HIGHLIGHTS * 3I Group III.L : Citigroup raises target price to 4140p from 3850p * Big Technologies Plc BIGB.L : Peel Hunt raises to add from hold * Safran SAF.PA : Jefferies raises target price to EUR 220 from EUR 205 * Solar Foods Oyj SFOODS.HE : Inderes rai
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JPM says strong non-life businesses justify Swiss insurers' premium valuations

BUZZ-JPM says strong non-life businesses justify Swiss insurers' premium valuations ** J.P.Morgan says Swiss insurers' valuation premiums vs European peers are justified, as their high-quality non-life and fee-based products have ensured strong margins, attractive cash flow and growth over the past decade ** That has offset slower growth in their l
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Air France-KLM, Burberry, Wise

EUROPE RESEARCH ROUNDUP- Air France-KLM, Burberry, Wise Sept 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air France-KLM, Burberry and Wise, on Wednesday. HIGHLIGHTS * Air France-KLM AIRF.PA : JP Morgan raises to overweight from underweight * Burberry BRBY.L : JP Morgan cuts target price to 650p from 800p * Helvetia Holding HELN.S : JP Morgan places stock on its positive catalyst watch list * Orion Oyj ORNBV.HE : Jefferies ra
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Swiss stocks - Factors to watch on September 25

Swiss stocks - Factors to watch on September 25 ZURICH/GDANSK, Sept 25 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: COMPANY STATEMENTS LECLANCHE SA LECN.S and Pinnacle will establish a joint venture company funded by pinnacle for an amount of up to 360 million Swiss francs. ANALYSTS' VIEWS HELVETIA HOLDING AG HELN.S - JP MORGAN INITIATES COVERAGE WITH OVERWEIGHT RATING; TARGET PRICE CHF 170; PLACES STOCK ON ITS POSITIVE CATALYST WATCH LIST SWISS LIFE H
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Swiss Life Places Hybrid Bond Of EUR 500 Mln

BRIEF-Swiss Life Places Hybrid Bond Of EUR 500 Mln Sept 24 (Reuters) - SWISS LIFE HOLDING AG SLHN.S : SUCCESSFULLY PLACES A HYBRID BOND IN THE AMOUNT OF EUR 500 MILLION NET PROCEEDS OF THE BONDS WILL BE USED FOR GENERAL CORPORATE PURPOSES, INCLUDING POTENTIAL FUTURE DEBT REFINANCING Further company coverage: SLHN.S (Gdansk Newsroom)
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Vontobel assesses obesity drugs impact for Swiss insurers, med-tech companies

BUZZ-Vontobel assesses obesity drugs impact for Swiss insurers, med-tech companies ** Vontobel estimates the market potential for obesity drugs in the U.S. to reach a three-digit billion U.S. dollar amount and picks Swiss Re SRENH.S and Ypsomed YPSN.S as the most likely to profit from it ** Among Swiss life insurers, Swiss Re could benefit the most from a rising demand in life and health reinsurance, with a market share of about 15%, as obesity drugs improve life expectancy, it says ** Its posit
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Investors press Baloise to shake up business after Cevian swoop

Investors press Baloise to shake up business after Cevian swoop By Oliver Hirt and Paul Arnold ZURICH, Sept 10 (Reuters) - Swiss insurer Baloise BALN.S is under pressure to heed shareholder demands to shake up its portfolio and boost returns since activist investor Cevian Capital said it held over 9% of the company's stock, becoming its biggest stakeholder.
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Air Liquide, Novo Nordisk, Syensqo

EUROPE RESEARCH ROUNDUP- Air Liquide, Novo Nordisk, Syensqo Sept 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Novo Nordisk and Syensqo, on Thursday. HIGHLIGHTS * Air Liquide AIRP.PA : Morgan Stanley cuts to underweight from equal-weight * Lanxess AG LXSG.DE : Morgan Stanley raises to overweight from underweight * Novo Nordisk NOVOb.CO : JP Morgan raises target price to DKK 1050 from DKK 950 * Swiss Life Holding AG
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Swiss stocks - Factors to watch on Thursday, September 5

Swiss stocks - Factors to watch on Thursday, September 5 ZURICH/GDANSK, Sep 5(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: LOGITECH INTERNATIONAL SA LOGN.S Logitech International founder Daniel Borel on Wednesday failed in his attempt to oust Chairperson Wendy Becker, having accused her of failing to provide leadership at the maker of computer mice and keyboards.
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Equity index futures ease after US holiday weekend

LIVE MARKETS-Equity index futures ease after US holiday weekend S&P 500 e-minis down 0.6%, Nasdaq e-minis down 0.8% STOXX 600 down 0.5% Dollar, bitcoin edge up; gold down; oil falls US 10-yr Treasury yield dips to 3.87% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EQUITY INDEX FUTURES EASE AFTER US HOLIDAY WEEKEND S&P 500 e-minis EScv1 were lower early on Tuesday as US investo
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Weak dollar could pressure Europe's media companies

LIVE MARKETS-Weak dollar could pressure Europe's media companies STOXX 600 down 0.4% Miners, energy lag Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WEAK DOLLAR COULD PRESSURE EUROPE'S MEDIA COMPANIES Europe's media companies .SXMP could be particularly sensitive to foreign exchange rates, analysis from Citi found, especially large-cap companies, give
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Jobs hurdle

LIVE MARKETS-Jobs hurdle STOXX 600 down 0.3% Miners, energy lag Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com JOBS HURDLE A strong U.S. jobs number and a fall in the unemployment rate could support equity market valuations and spark gains in those sectors that have lagged the broader market, Morgan Stanley's Michael Wilson said.
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French equities lacking long-term visibility

LIVE MARKETS-French equities lacking long-term visibility STOXX 600 down 0.3% Miners, energy lag Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com FRENCH EQUITIES LACKING LONG-TERM VISIBILITY 58 days and counting...
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German stocks at all-time highs, Rolls-Royce rebounds

LIVE MARKETS-German stocks at all-time highs, Rolls-Royce rebounds STOXX 600 up 0.1% Aerospace and defence stocks recover Wall Street futures flat Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com GERMAN STOCKS AT ALL-TIME HIGHS, ROLLS-ROYCE REBOUNDS The German DAX is at an all-time high, building on its recent run of gains after easing inflation fuelled hopes of an interest rate c
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Swiss Life CEO Sees Real Estate Markets Normalization In Germany And France - Conf Call

BRIEF-Swiss Life CEO Sees Real Estate Markets Normalization In Germany And France - Conf Call Sept 3 (Reuters) - Swiss Life Holding AG SLHN.S : CFO: EXPECT REAL ESTATE VACANCY RATES TO REMAIN STABLE IN 2024 CEO: WE SEE REAL ESTATE MARKETS NORMALIZATION IN GERMANY AND FRANCE - CONF CALL Further company coverage: SLHN.S (Gdansk Newsroom)
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European stocks set to creep higher

LIVE MARKETS-European stocks set to creep higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN STOCKS SET TO CREEP HIGHER European stock futures were slightly higher as investors digested recent big gains in markets and awaited U.S.
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Swiss Life says normalising European property markets boost results

UPDATE 4-Swiss Life says normalising European property markets boost results Swiss Life beats expectations for H1 fee result Says German and French property markets are stabilising Confirms outlook for 2024 Shares touch 23-year high in early trading Updates shares, recasts with comments on European property markets in paragraphs 1, 4-5, adds property devaluations in paragraph 6, analyst comment paragraph 9 By Andrey Sychev GDANSK, Sept 3 (Reuters) - Swiss Life SLHN.S , a major owner of real esta
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Insurer Swiss Life posts higher than expected fee result for H1

Insurer Swiss Life posts higher than expected fee result for H1 Sept 3 (Reuters) - Insurer and asset manager Swiss Life SLHN.S reported half-year fee result above expectations on Tuesday, helped by strong performances in its asset management and French insurance businesses. Its fee result rose 17% to 395 million Swiss francs ($463.3 million) in the first half of the year, beating the 380 million francs expected by four analysts on average in an AWP consensus.
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Swiss Life Holding H1 Net Profit Chf 632 Mln

BRIEF-Swiss Life Holding H1 Net Profit Chf 632 Mln Sept 3 (Reuters) - SWISS LIFE HOLDING AG SLHN.S : ADJUSTED PROFIT FROM OPERATIONS: UP 7% TO CHF 883 MILLION (HY 23: CHF 828 MILLION) NET PROFIT: CHF 632 MILLION (HY 23: CHF 630 MILLION) FEE RESULT: CHF 395 MILLION (+17%) RETURN ON EQUITY: 17.8% (HY 23: 15.8%) CORPORATE EXECUTIVE BOARD: PER ERIKSON
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