Swiss stocks - Factors to watch on August 17

Tecan AG

17/08/2022 05:43

ZURICH/BERLIN, Aug 17 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
    
    CREDIT SUISSE  CSGN.S 
    Credit Suisse has appointed James Purcell as head of
sustainability framework, according to an internal memo seen by
Reuters on Tuesday, as the Swiss bank takes steps to improve
shareholder value after a series of scandals tied to its
management and operations.  urn:newsml:reuters.com:*:nL4N2ZS347
    
    SWISS LIFE HOLDING AG  SLHN.S 
    First half results due.
    
    UZBEKISTAN
    Switzerland agreed on Tuesday to send back to Uzbekistan
over $100 million which it seized during a long-running
investigation in connection with the daughter of former
president Islam Karimov.  urn:newsml:reuters.com:*:nL8N2ZS4PF


    COMPANY STATEMENTS
    * Tecan Group AG  TECN.S  reports H1 adjusted EBITDA of
119.1 million Swiss francs, raises 2022 sales outlook.  TECN.S 
    *Implenia  IMPN.S  wins contract for main northern lot of
the second tube of the Gotthard road tunnel.  IMPN.S 
    *Schweiter Technologies AG  SWTQ.S  reports first half net
sales of 647.8 million Swiss francs.  SWTQ.S 
    
    
    ANALYSTS' VIEWS
    STADLER RAIL AG  SRAIL.S : JP MORGAN CUTS TARGET PRICE TO
CHF 40.5 FROM CHF 46
    ZURICH INSURANCE GROUP  ZURN.S : HSBC RAISES TARGET PRICE TO
CHF 540 FROM CHF 523.09
    SONOVA HOLDING AG  SOON.S : JP MORGAN CUTS TARGET PRICE TO
CHF 313 FROM CHF 346

    
    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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