Zurich Market Talk - 05-12-2011
04.12.11 21:41


Publicitas and AZ Medien are extending their cooperation within the context of a new contract, which enters into force on 1 January 2012. The contract between Publicitas and AZ Medien, which takes effect on 1 January 2012, covers the entire AZ Medien print portfolio. Link: Click Here

The Straumann Group today announced that it is to implement a new organizational structure in the New Year, with the objective of enhancing agility, improving efficiency, fostering entrepreneurism and shortening time to market. Link: Click Here


Valora
Services to enhance its market presence and extend its logistics offering. Exploiting Valora’s clear competitive advantages in start-of-day logistics and mail order packages. Services successfully inaugurated in August 2011 with an initial 6,000 packages per day, positive results from pilot test with La Redoute. Continuing profitable expansion of logistics services to compensate for press market decline in the years ahead. Link: Click Here

Implenia
launches solar cell pilot project – First portacabins in Switzerland equipped with photovoltaic cells to produce their own electricity. A new office building is currently being constructed in Lausanne-Vennes for the CSS health insurance company. Once finished in 2012 it will provide workspace for 450 employees currently located at various sites around Canton Vaud. Link: Click Here

SGS is pleased to announce the acquisition of Consolidated Laboratory (M) Sdn Bhd and Labservice (M) Sdn Bhd, Kuala Lumpur, Malaysia, collectively referred to as "Conserve". Consolidated Laboratory, founded in 1977, specialises in food and environmental testing, while Labservice, founded in 1984, specialises in renal dialysis water testing. Link: Click Here
 

ADB: composition of largest shareholder 4T SA has changed. In compliance with the Federal Act on Stock Exchanges and Securities Trading, Advanced Digital Broadcast Holdings S.A. announces that the composition of its largest shareholder, 4T SA has changed. Mr. Francois Pogodalla has sold all his shares at 4T SA to its current other shareholders. Link: Click Here


Economy
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German Chancellor Merkel continues her push for the embedding of strict and enforceable fiscal rules in EU Treaty changes.
German chancellor Merkel addressed the Lower House of Parliament Friday morning (Bundestag) on the euro area sovereign debt crisis. She told Parliament that "the German government does not believe that the European crisis could be solved with a single act...It's a long process, and that process will take years." Link: Click Here

Credit Suisse expects 10-15% upside for Asian equities in 2012.
Credit Suisse unveiled its Asian Equity Strategy report on the outlook for 2012, announcing a year-end target of 527 for the MSCI Asia ex-Japan Index, which represents an upside of 10-15%. The Bank’s Equity Strategists believe slowing inflation and monetary easing will be catalysts for a “reflation rally” in 2012, while China, Korea, Hong Kong and Australia are the preferred markets and Basic Materials, Financials, Energy and Real Estate are identified as the most attractive sectors. Link: Click Here
 
Euro area car registrations: Mild growth expected in November; prospects for next year very weak.
With four main euro area countries having released their new car registrations data for November, we estimate that they could rise mildly between 0-0.5% m/m in the euro area, after the -2.5% m/m and +0.3% m/m in the past two months (seen in the official Eurostat series). Link: Click Here


 
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