(AFX UK Focus) 2010-02-28 20:39 Richemont shares could rally by 50 pct -Barron’s (Interactive Investor)

NEW YORK, Feb 28 (Reuters) – Shares of Compagnie Financiere Richemont could jump by 50 percent or more in the next year, helped by a rebound in the luxury goods market, according to the financial weekly Barron’s. Shares of Richemont, which makes Cartier jewelry, Jaeger-LeCoultre watches and Purdey shotguns, could rise to “north of 70 Swiss francs” in 12 months, Barron’s reported, quoting David …

Hotels see hope despite economic crisis (Swissinfo)

The number of overnight stays in Swiss hotels fell last year by almost five per cent – the first decrease in three years – as the financial downturn began to bite.