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China's market rollercoaster claims another fund

China's market rollercoaster claims another fund Once-profitable options arbitrage collapses in losses Unusual surge in call-buying upended market Stimulus plans, U.S. election seen stoking volatility By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE, Oct 25 (Reuters) - Shanghai Power Asset Management Co has apologised to investors and shut its arbitrage strategy after heavy losses, the latest China hedge fund bruised by wild gyrations in the market since authorities vowed to support the econo
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Sika shares rise after solid 9-month results and confirmed guidance

BUZZ-Sika shares rise after solid 9-month results and confirmed guidance ** Shares in Sika SIKA.S rise 0.67% in Julius Baer pre-market trade after the Swiss industrial and construction chemicals company posted solid 9-month results and confirmed its FY outlook ** Sika posts 9M sales of 8.9 billion Swiss francs, up 5.5% from 8.4 billion a year earli
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Temenos seen down after second guidance cut in a row

BUZZ-Temenos seen down after second guidance cut in a row ** Swiss banking software firm Temenos TEMN.S is seen down 1.8% in Julius Baer pre-market indications on Thursday after it lowered its full year guidance for the second quarter in a row on Wednesday after market close ** Temenos said sales execution issues in the Middle East and Africa (MEA)
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Roche seen rising after Q3 sales beat

BUZZ-Roche seen rising after Q3 sales beat ** Shares in Roche ROG.S are indicated up 1.1% in Julius Baer premarket trade after the Swiss drugmaker reports better-than-expected Q3 sales ** "Reported 3Q24 Group sales beats consensus and our expectations," Vontobel says ** Key growth drivers such as multiple sclerosis drug Ocrevus, haemophilia shot Hemlibra and recently launched eye drug Vabysmo continue to perform above expectations, the brokerage highlights ** Analysts at J.P.
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Logitech rises on FY outlook hike, as improving demand boost Q2 numbers

BUZZ-Logitech rises on FY outlook hike, as improving demand boost Q2 numbers ** Shares in Logitech International LOGN.S rise 3.4% in Julius Baer pre-market trade as the Swiss computer keyboard and mouse maker raised its FY outlook for 2025, with a set of strong Q2 figures, driven by improving demand ** Logitech now expects FY sales to be between $4
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