Swiss stocks - Factors to watch on June 20

Centiel AG

20/06/2018 05:40

ZURICH, June 20 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday.
    
    COMPANY STATEMENTS  CPR-CH 
    * Raiffeisen saw its longterm credit rating cut by Moody's
to Aa3 from Aa2, with a negative outlook, after Swiss financial
watchdog FINMA highlighted lacking corporate governance at one
of Switzerland's largest lenders in connection with transactions
involving former chief executive Pierin Vincenz. 
    * Hochdorf  HOCN.S  said it had sold a milk plant in
Lithuania to investors after purchasing a majority stake in a
second milk processing plant in Germany.  HOCN.S 
    * Nestle's  NESN.S  partner Starbucks  SBUX.O  said in a
statement that it continues to make progress toward closure of
the global coffee alliance with the Swiss company.  NESN.S 
    
    ECONOMY  M-CH 
    

 (Reporting by Zurich newsroom)
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