Swiss stocks - Factors to watch on Oct. 3

Leclanche SA

03/10/2019 06:24

ZURICH, Oct 3 (Reuters) - Here are some of the main factors
that may affect Swiss stocks on Thursday:
    
    JULIUS BAER  BAER.S 
    The bank will reduce to nine from 15 the size of its
executive board as it revamps under new Chief Executive Philipp
Rickenbacher. Remy Bersier, now head of emerging markets, will
be appointed Chairman Private Banking Key Clients. Gian Rossi,
now head of the Switzerland region, will leave the bank at the
end of 2019 by mutual agreement, it added in a statement
announcing the management changes.  urn:newsml:reuters.com:*:nFWN26O02U
    
    SIKA  SIKA.S     
    The adhesives maker is targeting acquisitions and other
measures to boost sales 6-8% annually through 2023, while also
increasing efficiency as it shoots for a raised 15-18% operating
profit margin, the company says.  urn:newsml:reuters.com:*:nFWN26N0LB
    
    ALPIQ  ALPH.S 
    Credit Suisse says definitive final result of tender offer
for Alpiq shows buyer consortium holds 89.94%  urn:newsml:reuters.com:*:nFWN26N0L7
      
    COMPANY STATEMENTS  E-CH 
    * Leclanche  LECN.S  published invitation to EGM on Oct. 24,
will ask shareholders for their support in creating new shares
in order to meet upcoming capital needs  urn:newsml:reuters.com:*:nAWP3wSb85
    
    ANALYSTS' VIEWS
    ABB LTD  ABBN.S : JP MORGAN CUTS TARGET PRICE TO SFR 18 FROM
SFR 19 
    
    ECONOMY  M-CH 
    No major data due

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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