The business week ahead

The employment services group, Adecco, is to release its second quarter figures on Monday.

This content was published on July 30, 2000 minutes

Analysts are expecting operating profits to be up around 50 per cent and sales figures to increase by about 40 per cent. The company has been increasing its market share with an aggressive policy of takeovers and acquisitions in Europe and the United States.

Selecta has its Annual General Assembly on Monday where the board will announce the share dividend. Selecta had a disappointing 1999 and has seen its share price fall from a high of SFr680 to around SFr480.

Thinktools comes through with its numbers on Tuesday. No profit is expected yet from this high-tech company that had its IPO in March.

Thinktools has retained its appeal among investors, though, and has just won a high-profile contract with Germany's ruling Social Democrats. The party is to use Thinktools software to analyse the impact of political speeches.

CIBA specialty chemicals becomes the latest in a long line of Swiss companies to get a Wall street listing on Wednesday. CIBA says it wants to gain access to the US capital market through the move.

And traders will be keeping their fingers crossed this week that the SMI can consolidate above the 8,000 point mark. Many of them think it will do so, as old economy blue chips come back into vogue. Some even think the SMI's record high of 8,489 may be within reach over the coming weeks.

by Michael Hollingdale

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