Swiss stocks - Factors to watch on February 17

Orascom Development Holding AG

17/02/2020 05:56

ZURICH/BERLIN, Feb 17 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday:
    
    CREDIT SUISSE  CSGN.S 
    The No. 2 Swiss bank continues to discuss the level of
departing Chief Executive Tidjane Thiam's bonus, given its 69%
rise in 2019 net profit was buoyed by the sale of real estate
and other factors, the SonntagsZeitung reported. Thiam, ousted
over a spying scandal, stands to collect as much as 30 million
Swiss francs ($30 million) after resigning this month, two
people familiar told Reuters previously.  urn:newsml:reuters.com:*:nL8N2AD4QJ
    
    NESTLE  NESN.S 
    Food giant Nestle is preparing to include ecological
criteria in computing the remuneration of its executive
leadership, SonntagsZeitung reported, citing the company. The
new measures are due to be deployed in 2021.  NESN.S 
    
    SWISSCOM  SCMN.S 
    The state-controlled telecom company has hired external
consultants to help it identify weaknesses and boost the
reliability of its systems following recent disruptions to its
network, the SonntagsZeitung reported, citing a spokesman.
 SCMN.S 
      
    COMPANY STATEMENTS
    * Orascom Development Holding  ODHN.S  Says Brings Kent
College to open its first Egyptian campus in O West  urn:newsml:reuters.com:*:nFWN2AF008
    
    ANALYSTS' VIEWS
    CLARIANT AG  CLN.S : CREDIT SUISSE RAISES TARGET PRICE TO
CHF 24.5 FROM CHF 24
    MOLECULAR PARTNERS AG  MOLN.S : JP MORGAN RAISES TARGET
PRICE TO CHF 24 FROM CHF 21.50
    
    ECONOMY
    No major economic data scheduled.
    

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