Here's One Company That LOVES Today's Swiss Franc Intervention

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Tuesday, September 6, 2011 Here's One Company That LOVES Today's Swiss Franc Intervention Today the Swiss National Bank intervened in a dramatic way to weaken the Franc, which has been rallying like crazy due to European investors searching out a safe-haven. One obvious beneficiary of a weaker Franc: Swiss exporters. And one industry -- the country's famous watch industry -- has already applauded the SNB's measure. And of course, there's no bigger name in Swiss watched than Swatch, which is why its shares immediately rocketed on the news. Granted it faded a bit afterwords, as some of the euphoria wore off, but still, good times in the timekeeping business. Read » Also On Money Game Today: Nomura On What The Big Swiss Move Means For Gold Morgan Stanley: Recession or Not, There's A 90% Chance That "It Just Doesn't Matter" A Quick Look At The Retail Meat Market Albert Edwards Says It's Time To "STIFFEN UP THE SINEWS, SUMMON UP THE BLOOD, AND GIRD YOUR LOINS" Advertisement CHART OF THE DAY: THE SCARIEST JOBS CHART EVER CHART OF THE DAY: Europe Grinds To A Halt CHART OF THE DAY: Bank Funding Costs Are Rising Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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