Swiss stocks - Factors to watch on May 18

Sportradar AG

18/05/2022 05:56

ZURICH/BERLIN, May 18(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
    
    COMMODITIES DEALS
    Trading houses can decide for themselves whether commodity
deals with state-controlled Russian companies meet the standard
of being "strictly necessary" in order to avoid international
sanctions, the Swiss agency in charge of enforcement said on
Tuesday.  urn:newsml:reuters.com:*:nL5N2X92UV
    
    ABB  ABBN.S 
    ABB is aiming to further raise profitability in its process
automation business area through pricing, bolt-on acquisitions,
and continuous strict cost management, the Swiss engineering
company said on Wednesday ahead of its capital markets day for
the division.  urn:newsml:reuters.com:*:nL5N2XA0E7

      
    COMPANY STATEMENTS
    *Sportradar Group AG  SRAD.O  releases Q1 results for 2022
 SRAD.O 
    *Obseva SA  OBSV.O  annual shareholders meeting  OBSV.O 
    *SIG Group AG  SIGNC.S  launches accelerated book building
to raise around 200 million euros.  SIGNC.S 
    *Investis Holding SA  IREN.S  gross rental income of 8.7
million Swiss francs sold for gross amount of 319 million
francs.  IREN.S 
    *Daetwyler Holding AG  DAE.S  revises targets for 2022.
 DAE.S 
    *HBM Healthcare Investments AG  HBMN.S  says FY net annual
loss at 78 million Swiss francs.  HBMN.S 
    
    
    ANALYSTS' VIEWS
    SONOVA HOLDING AG  SOON.S : JP MORGAN CUTS TARGET PRICE TO
CHF 346 FROM CHF 399
    BARRY CALLEBAUT AG  BARN.S : BAADER CUTS TO REDUCE FROM ADD;
CUTS TARGET PRICE TO CHF 2300 FROM CHF 2350
    
    
    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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