Swiss stocks - Factors to watch on Sept 24

Private Equity Holding AG

24/09/2014 07:22

ZURICH, Sept 24 (Reuters) - Swiss stocks were expected to 
open slightly lower on Wednesday, adding to losses in the 
previous session and in line with European shares, as investors 
grow concerned about the pace of global economic growth. 
    The Swiss blue-chip SMI  .SSMI  was seen falling 0.2 percent 
to 8,748 points, according to premarket indications by bank 
Julius Baer  JBPRE01 . 
    The following are some of the main factors expected to 
affect Swiss stocks on Wednesday. 
     
    ADECCO  ADEN.VX  
    Adecco  ADEN.VX , the world' largest temporary staffing 
company by sales, said on Wednesday sales rose in the first two 
months of the third quarter.  
    For more click on  ADEN.VX  
       
    COMPANY STATEMENTS  CPR-CH  
    * Credit Suisse  CSGN.VX : SIX Exchange Regulation said it 
had fined Credit Suisse Funds AG 10,000 Swiss francs for sending 
a notification regarding a distribution relating to certain 
exchange traded funds too late. 
    * Private Equity Holding AG  PEHN.S  said the cancellation 
of 325,000 registered shares, which was approved by shareholders 
at its annual general meeting on July 4, was registered by the 
commercial register on Sept. 22.  PEHN.S  
    * BKW AG  BKWB.S  said it had successfully placed 163 
million Swiss francs in senior unsecured convertible bonds due 
in 2020.  BKWB.S  
    * Repower AG  REPI.S  said, effective retroactively to Jan. 
1, it is to merge with Repower Schweiz AG. 
        
    ECONOMY  M-CH  
    * The UBS Swiss consumption indicator fell to 1.35 points in 
August from a revised 1.67 (1.66) points in August, the Swiss 
bank's economists said on Wednesday. 
 
     
    ((Zurich newsroom +41 58 306 7340, fax 41 44 251 0476,  
zurich.newsroom@news.reuters.com))  
 
  
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Keywords: MARKETS SWISS STOCKS