Swiss stocks - Factors to watch on February 24

Basler Kantonalbank

24/02/2022 05:42

ZURICH/BERLIN, Feb 24 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    RUSSIA/UKRAINE
    Russian forces fired missiles at several Ukrainian cities
and landed troops on its south coast on Thursday, officials and
media said, after President Vladimir Putin authorised what he
called a special military operation in the east.  urn:newsml:reuters.com:*:nL1N2UZ089
    The United States on Wednesday imposed sanctions on the
company in charge of building Russia's Nord Stream 2 gas
pipeline, expanding penalties on Moscow after it recognized two
breakaway regions in eastern Ukraine.  urn:newsml:reuters.com:*:nL1N2UY1EL
    Switzerland wants to make sure the country is not used to
get around sanctions the European Union imposed on Russia
following its incursion into Ukraine, the government said on
Wednesday.  urn:newsml:reuters.com:*:nZ8N2RV018
    
    ADECCO GROUP AG  ADEN.S  
    The temporary staffing and training company said it expects
"solid revenue growth" at the start of 2022 after reporting a 2%
increase in revenues during its fourth quarter.
    For more, click on  urn:newsml:reuters.com:*:nL8N2UZ1GW    
    
    ANALYSTS' VIEWS
    * NESTLE SA  NESN.S : HSBC RAISES TARGET PRICE TO CHF 139
FROM CHF 135
    * JULIUS BAER GRUPPE AG  BAER.S  : CITIGROUP CUTS PRICE
TARGET TO CHF 74 FROM CHF 75    
    
    COMPANY STATEMENTS
    * Basler Kantonalbank  BSKP.S  said operating income rose
12% to 593.5 million Swiss francs in 2021.  BSKP.S 
    * CEMBRA BANK  CMBN.S  - COO Niklaus Mannhart To Leave The
Company By The End Of August 2022 At The Latest  urn:newsml:reuters.com:*:nS8N2TJ031
    
    ECONOMY
    * Swiss Q4 non-farm payroll due at 0730 GMT


 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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