Swiss stocks - Factors to watch on August 5
05/08/2022 05:34
ZURICH/BERLIN, Aug 5 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
CREDIT SUISSE CSGN.S
Fitch said it has cut Credit Suisse Group AG's long-term
issuer default rating to 'BBB' from 'BBB+ urn:newsml:reuters.com:*:nL1N2ZG22I
Separately, a local business newspaper reported Thursday
that Credit Suisse is among the lenders owed the most money by
embattled Mexican finance company Credito Real, which has begun
bankruptcy proceedings for $2.6 billion in debts urn:newsml:reuters.com:*:nL1N2ZG2PE
COMPANY STATEMENTS
* Coltene Holding AG CLTN.S affirmed its full-year outlook
announced at end of June, expects supply chain bottlenecks to
ease in H2 2022 CLTN.S
* Mobimo Holding AG MOBN.S - HY net rental income rises by
7.4% to CHF 60.0 mln; EBIT CHF 81.4 mln vs 115.4 mln MOBN.S
* Orell Füssli OFN.S H1 revenue CHF 97.6 million (previous
year CHF 97.3 million); EBIT up 16% to CHF 7.4 million OFN.S
ECONOMY
Swiss July forex reserves due at 0700 GMT
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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