Alpiq, Barry Callebaut, Credit Suisse: Swiss Equity Preview

The following companies’ shares may be active in Zurich. Stock symbols are in parentheses after company names. Prices are from the last close.

The Swiss Market Index of the biggest and most actively traded companies fell 181.89, or 2.9 percent, to 6,205.63. The broader Swiss Performance Index decreased 2.9 percent to 5,487.21.

Alpiq Holding AG (ALPH SW): Switzerland’s largest utility was raised to “outperform” from “neutral” at Macquarie Research. Alpiq rose 3.75 francs, or 1 percent, to 388.25 francs.

Barry Callebaut AG (BARN SW): The world’s largest maker of bulk chocolate was raised to “buy” from “neutral” at UBS AG. The shares dropped 1.5 francs, or 0.2 percent, to 665.5 francs.

Credit Suisse Group AG (CSGN VX): Switzerland’s second-largest bank agreed to buy the Prime Fund Solutions business from Fortis Bank Nederland NV for an undisclosed price to widen its services for hedge fund clients. Credit Suisse was little changed at 44.5 francs.

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