News: The Swatch Group SA (UHR.VX)

UHR.VX on Virt-X Level 1

502.50CHF
2 Sep 2014
Price Change (% chg)

CHF-1.50 (-0.30%)
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CHF504.00
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CHF504.50
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CHF510.00
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Sun, Aug 31 2014

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Swatch prefers go-it-alone route for smartwatch plans

BIEL (Switzerland) - Swatch Group is happy to go it alone with a launch next year of watches with "smart" features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion.

Swatch plans fitness-based touch wristwatch, CEO tells paper

ZURICH, July 27 - Swatch plans to equip its Swatch Touch line of plastic watches with electronic functions to measure personal fitness, in a bid to tap into the market for wearable gadgets, the company's chief executive told a newspaper.

LVMH results send chill across luxury goods sector

PARIS - The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major factors curbing spending by Chinese and Russian customers.

UPDATE 1-Swatch Group denies working with Apple on smartwatch

ZURICH, July 24 - Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions.

Swatch Group denies working with Apple on smartwatch

ZURICH, July 24 - Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions.

UPDATE 2-Swatch warns of Hong Kong uncertainty as profits fall

* CEO dismisses iWatch threat (Adds CEO and analyst comment, shares, detail)

Swatch upbeat despite H1 net profit miss

ZURICH - Swatch Group said it expected a positive second half of the year after a rise in the Swiss franc and expenses for the Sochi Olympic Games made net profit fall 11.5 percent in the first half.

Swatch upbeat despite H1 net profit miss

ZURICH, July 22 - Swatch Group said it expected a positive second half of the year after a rise in the Swiss franc and expenses for the Sochi Olympic Games made net profit fall 11.5 percent in the first half.

Omega's Einhorn says bull market in U.S. equities not over

NEW YORK - Steven Einhorn, vice chairman of hedge fund Omega Advisors Inc, said Thursday that the bull market in U.S. equities was not over and predicted the Standard & Poor's 500 Index will rise another 3-5 percent by year-end.

Swiss central bank should consider negative rate-Swatch CEO

GRENCHEN, Switzerland, May 14 - The Swiss National Bank should consider negative deposit rates to help businesses that are struggling under the strong Swiss franc, the chief executive of the world's biggest watchmaker, Swatch, said on Wednesday.

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