Swiss stocks - Factors to watch on January 7
07/01/2020 05:42
BERLIN/ZURICH, Jan 7 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
CREDIT SUISSE CSGN.S
Margarita Louis-Dreyfus borrowed $1 billion from Credit
Suisse last year to buy out minority shareholders of Louis
Dreyfus Company (LDC), pledging her majority stake in the
commodities trader as collateral, a company filing showed.
COMPANY STATEMENTS
* Bobst Group BOBNN.S said it was negotiating with Cito
System regarding a potential majority stake in the German
company. https://bit.ly/2SVa3tr
* Burkhalter Holding BRKN.S said it was acquiring Elektro
Christoffel, which generates annual sales of around 2 million
Swiss francs. urn:newsml:reuters.com:*:nFWN29B0N6
* Daetwyler Holding DAE.S said CFO Reto Welte will retire
at the end of March, handing over to Walter Scherz as part of a
long-term succession plan. https://bit.ly/35wgp53
* Stadler Rail AG SRAIL.S announced its first service
contract in the U.S., worth $112 million. urn:newsml:reuters.com:*:nFWN29B0PY
ECONOMY
* Swiss December CPI due at 0730, seen unchanged both m/m
and y/y
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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