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Company : Logitech Withdraws Fiscal Year 2009 Targets, Plans Restructuring
on 2009/1/13 7:22:50 (96 reads)
Company

Logitech International (SIX:LOGN) (Nasdaq:LOGI) announced that it has withdrawn its Fiscal Year 2009 growth targets for sales and operating income due to the deepening global recession. The Company did not provide revised targets and plans to update investors on business conditions and performance during its briefing on third-quarter results on Jan. 20, 2009.

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Company : Clariant Improves Operating Margin
on 2008/11/4 8:51:10 (64 reads)
Company

Muttenz, November 4, 2008 – Clariant, a world leader in specialty chemicals, today announced a 5% increase in sales in local currency. Sales in CHF declined 2% due to adverse currency effects and amounted to CHF 6.3 billion compared to CHF 6.4 billion in the previous year. Towards the end of the reporting period, volume growth was challenged by weaker demand in some businesses and regions that was compensated for by higher selling prices.

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Company : Adecco revenues for Q3 2008 down 6%
on 2008/11/4 8:41:11 (54 reads)
Company

Zurich, Switzerland, November 4, 2008: Adecco S.A. ("Adecco"), the worldwide leader in HR services, today announced results for the third quarter of 2008. Revenues of EUR 5.1 billion were down 4% organically compared to Q3 2007. The gross margin was maintained at a solid 18.0% on an underlying basis, while the EBITA margin of 5.0% was down 30 bps when excluding the impact of the modified calculation of French social charges in the prior year.

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Company : Swiss Re reports a net loss of CHF 304 million for the third quarter of 2008
on 2008/11/4 8:38:34 (57 reads)
Company

Swiss Re reports a net loss of CHF 304 million for the third quarter of 2008. Despite unprecedented turmoil in the global financial markets, net operating income for the first nine months of 2008 was CHF 884 million. Book value per share was CHF 74.16 at the end of September 2008. Swiss Re’s balance sheet is strong, and the company’s capital adequacy remains at very high levels.

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Company : Baloise with CHF 274 million profit thanks to strong operative performance
on 2008/8/27 7:20:18 (56 reads)
Company

Basel, 27 August, 2008. The Baloise Group achieved a profit of CHF 274 million in the first half-year 2008. The basis for this was the strong performance in the operative insurance business. The business volume grew by 1.7%. The Baloise registered share achieved a positive total return. The company adheres to its medium-term goals and intends to maintain the dividend for 2008 at CHF 4.50.

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