Swiss stocks - Factors to watch on June 14
14/06/2018 07:30
ZURICH, June 14 (Reuters) - The Swiss blue-chip SMI .SSMI
was seen opening 0.3 percent lower at 8,611 points on Thursday,
according to premarket indications by bank Julius Baer
JBPRE01 .
Here are some of the main factors that may affect Swiss
stocks:
RAIFFEISEN SCHWEIZ RFSHW.UL
Switzerland's financial market supervisor FINMA found
serious breaches at Raiffeisen Switzerland RFSHW.UL in a probe
related to fraud allegations against former Chief Executive
Pierin Vincenz. urn:newsml:reuters.com:*:nL8N1TG0HL
ROCHE ROG.S
New data has found Roche's OCREVUS may delay the need for a
wheelchair by seven years for people with primary progressive
multiple sclerosis, Roche said.
FDA approves Avastin (bevacizumab) plus chemotherapy as a
treatment for women with advanced ovarian cancer following
initial surgery urn:newsml:reuters.com:*:nASC0A4RJ
VONTOBEL VONN.S
Vontobel placed a CHF 450 million Additional Tier-1 Bond
with a coupon of 2.625 percent. The issue price is 100 percent.
The bond has a provisional Baa3 rating from Moody's. Proceeds
will be used to finance the acquisition of Notenstein La Roche
private bank and for other general business purposes.
COMPANY STATEMENTS CPR-CH
* BFW Liegenschaften BLIN.S has appointed Beat
Frischknecht as CEO. BLIN.S
* Panalpina PWTN.S is acquiring Argentine air freight
market leader Newport Cargo to help expand its transport network
for perishable goods. PWTN.S
* Orior ORON.S on Wednesday confirmed its 2020 strategy
ORON.S
ECONOMY M-CH
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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