Swiss stocks - Factors to watch on June 14
14/06/2022 05:35
ZURICH/BERLIN, June 14 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
COMPANY STATEMENTS
* Bank Bellevue BBN.S said it expects profit for the first
half-year to drop 35%-40% year-on-year as market conditions hit
its business. BBN.S
* Clariant CLN.S said a new plant opened in Romania will
produce approximately 50,000 tons of cellulosic ethanol
annually. CLN.S
* Dufry DUFN.S said it had won a four-year contract
extension at Kuwait International Airport. DUFN.S
* Ypsomed YPSN.S said it would be carrying out a capital
increase in the amount of a maximum of 1 million fully paid
registered shares with a nominal value of 14.15 Swiss francs
each. YPSN.S
* SHL Telemedicine SHLTN.S said it nominated Jason
Bottiglieri as General Manager of SHL Telemedicine USA.
SHLTN.S
* Hochdorf Holding HOCN.S said it was deferring interest
payment on 125 million francs in perpetual callable subordinated
bonds. HOCN.S
ANALYSTS' VIEWS
SWISS RE SRENH.S : HSBC CUTS TO HOLD FROM BUY, HSBC CUTS
TARGET PRICE TO CHF 90 FROM CHF 115
BURCKHARDT COMPRESSION HOLDING AG BCHN.S : CREDIT SUISSE
CUTS TARGET PRICE TO CHF 530 FROM CHF 570
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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