Swiss stocks - Factors to watch on October 22
22/10/2020 05:57
ZURICH/BERLIN, Oct 22 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
CORONAVIRUS
High-level negotiations on a new coronavirus aid bill faced
a setback when U.S. President Donald Trump accused Democrats of
being unwilling to craft an acceptable compromise. urn:newsml:reuters.com:*:nL1N2HC1JV
The number of confirmed coronavirus cases in Germany rose by
more than 10,000 in a single day for the first time.
urn:newsml:reuters.com:*:nL8N2HD086
Over half the small and medium-sized companies which
together provide jobs for two-thirds of European workers fear
for their survival in the coming 12 months, according to a
survey released by management consultancy McKinsey. urn:newsml:reuters.com:*:nL8N2HC6JO
SIKA SIKA.S
The construction chemicals maker reported a drop in profit
and sales during the first nine months of 2020, as many
construction activities were halted due to the COVID-19
pandemic. urn:newsml:reuters.com:*:nL4N2HD0ZN
CREDIT SUISSE CSGN.S
Mozambique's Attorney General's Office said it will seek the
extradition of three former Credit Suisse bankers implicated in
a $2 billion debt scandal that sent the country's economy into
crisis. urn:newsml:reuters.com:*:nL8N2HC6C9
UBS UBSG.S
Outgoing CEO Sergio Ermotti has agreed to serve as chairman
of special purpose acquisition company Investindustrial
Acquisition, according to a U.S. filing. urn:newsml:reuters.com:*:nL4N2HC4Y7
COMPANY STATEMENTS
* Stadler Rail SRAIL.S announced a €158 million order https://bit.ly/34kVhkI
from Portugal.
* Huber+Suhner HUBN.S confirmed its full-year outlook and
said https://www.hubersuhner.com/en/company/media/news/3969 its
business continues to stabilise.
* Implenia IMPN.S said Swiss Prime Site SPSN.S has
awarded the company a mandate for the construction of the
Pont-Rouge project near Geneva and added the order is worth
around 132 million Swiss francs. urn:newsml:reuters.com:*:nTENrtr0oa
* Wisekey WIHN.S said it signed a deal with U.S. company
Allscripts to protect its healthcare systems. urn:newsml:reuters.com:*:nGNX6NPDff
* IGEA Pharma IGPH.S announced the resignation of Mark De
Simone from the board of directors. urn:newsml:reuters.com:*:nEQbdKfPpa
ANALYSTS' VIEWS
NESTLE NESN.S - Credit Suisse raises target price to CHF
102 from CHF 100
LOGITECH LOGN.S - Credit Suisse raises target price to CHF
101 from CHF 75
VIFOR PHARMA VIFN.S - Credit Suisse cuts target price to
CHF 149 from CHF 152
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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