Swiss stocks - Factors to watch on Dec 14
ZURICH Dec 14 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Monday:
The world's largest packaged food company won't revise its growth targets despite a tough market environment, Chief Executive Paul Bulcke told a Swiss paper on Saturday. Bulcke also said he would not automatically step up to chairman when the seat becomes vacant, leaving prospects at both the head of the board and the executive helm open when 71-year-old chairman Peter Brabeck steps down in 2017.
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The Swiss travel group has hired Morgan Stanley and an unnamed Swiss bank to review scenarios for breaking up the company and to seek potential buyers for its businesses, the SonntagsZeitung paper reported without identifying its sources. Kuoni declined comment.