ZURICH, July 25 (Reuters) - Swiss stocks are set to open slightly lower on Wednesday, in line with other European exchanges following a third consecutive day of losses on Wall Street.
The blue-chip Swiss Market index is set to open 0.2 percent lower at 6,160 points, according to pre-market indications provided by Julius Baer.
The following are some of the main factors expected to affect Swiss stocks on Wednesday.
Oilfield services company Weatherford International Ltd on Tuesday posted a rise in pre-tax quarterly earnings despite a $100 million charge for its estimated settlement with the U.S. government over its past work in sanctioned countries.
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Swiss drug industry supplier Lonza confirmed its profit guidance on Wednesday and said demand in its key business remained strong despite macroeconomic uncertainties.
* MEYER BURGER said it expects to achieve the lower half of its FY guidance of net sales of between 600-800 million Swiss francs and an EBITDA margin of between 4 to 8 percent. For the first half it reported net sales of approximately 307 million and an order backlog of 670 million francs.
* COMET GROUP H1 profit halved to 2.7 million Swiss francs, while sales dropped to 104.1 million after 116.8 million francs the year before.
* LLB Group said for the first six months of 2012, it expects to post group net profit of around CHF 62 million.