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Swatch Group SA (SWGAY.PK)

SWGAY.PK on OTC Markets Group

14.59USD
2 Dec 2016
Change (% chg)

$0.01 (+0.07%)
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$14.58
Open
$14.60
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$14.70
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$14.56
Volume
155,021
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65,430
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$18.54
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Tue, Nov 22 2016

Swiss watch shares down after export slump accelerates in Oct

ZURICH, Nov 22 Shares in watchmakers Swatch Group and Richemont fell on Tuesday after the decline in Swiss watch exports accelerated in October.

UPDATE 1-Swatch has to stick to movement supply rules-Swiss watchdog

ZURICH, Oct 27 Swatch Group has to stick to a 2013 agreement to phase out watch movement deliveries that bans it from selling excess stock to new customers, Swiss competition authority Weko ruled on Thursday, prompting Swatch to mull price hikes.

BRIEF-Swatch says Weko decision may force it to hike movement prices

* Says regrets weko's decision to maintain movement delivery agreement and deems it utterly unrealistic

Swatch Group has to stick to 2013 agreement for movements

ZURICH, Oct 27 Swatch Group will not be allowed to supply more mechanical watch movements to customers than was set out in a 2013 agreement on phasing out delivieries, Swiss competition authority Weko said on Thursday.

UPDATE 3-Cooperman on CNBC says U.S. equities 'fairly but fully valued'

NEW YORK, Aug 31 Hedge fund investor Leon Cooperman, the chief executive and chairman of Omega Advisors, said on Wednesday on CNBC that equity markets are "fairly but fully valued."

Swatch sees recovery in rest of year after first-half profit plunge

ZURICH Swatch Group said on Thursday it expected a recovery in the second half after first-half net profit plummeted 52 percent to 263 million Swiss francs ($267.2 million) as lower sales and the absence of cost cuts hit the world's biggest watchmaker.

UPDATE 1-Swatch sees recovery in rest of year after H1 profit plunge

ZURICH, July 21 Swatch Group said on Thursday it expected a recovery in the second half after first-half net profit plummeted 52 percent to 263 million Swiss francs ($267.2 million) as lower sales and the absence of cost cuts hit the world's biggest watchmaker.

Swatch H1 profit falls 52 pct, sees recovery in rest of year

ZURICH, July 21 Swatch Group said on Thursday it expected a recovery in the second half of 2016 after net profit plummeted 52 percent to 263 million Swiss francs ($267.19 million) in the first half as lower sales and the absence of cost-saving measures hit the world's biggest watchmaker's bottom line.

Swatch warns profit to dive, French attack darkens outlook

ZURICH Swatch Group , the world's largest watchmaker, warned investors that profit would at least halve in the first six months of the year after sales fell in Hong Kong and Europe, sending its shares sharply lower. | Video

Travel stocks fall after France attack, weigh on European shares

* Richemont shares also dragged lower by Swatch (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)

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