Swiss stocks - Factors to watch on July 2

Achiko in Liquidation AG

02/07/2020 05:57

ZURICH/BERLIN, July 2 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    CORONAVIRUS
    Nations who fail to use every mechanism available to combat
the still-raging novel coronavirus will struggle to beat it, the
WHO said.  urn:newsml:reuters.com:*:nL8N2E85CB
    Governors of U.S. states hit hardest by the resurgent
coronavirus halted or reversed steps to reopen their economies,
led by California, the nation's most populous state and a new
epicentre of the pandemic.  urn:newsml:reuters.com:*:nL1N2E81ES
    
    
    NOVARTIS  NOVN.S 
    The drugmaker agreed to pay more than $729 million to settle
U.S. government charges it paid illegal kickbacks to doctors and
patients to boost drug sales, the U.S. Department of Justice
said.  urn:newsml:reuters.com:*:nL1N2E82VL
    
      
    COMPANY STATEMENTS
    * Aryzta  ARYN.S : The Veraison shareholder group said it
increased its share in Aryzta to over 20%.  urn:newsml:reuters.com:*:nL8N2E90HA
    * Dormakaba  DOKA.S  said it signed an agreement to divest
its project installation business in Norway.  urn:newsml:reuters.com:*:nNDL5rjlr8
    * Achiko  ACHIN.S  said it signed a licensing deal with
Regenacellx.sl to commercialise Covid-19 testing technology and
to further expand its platform.  urn:newsml:reuters.com:*:nEQ3Thl8ca
    * Novartis'  NOVN.S  Sandoz division said it is reviewing
options after a U.S. court upheld a ruling on its biosimilar
Erelzi.  urn:newsml:reuters.com:*:nGNE1BYwMY
    * HBM Healthcare Investments  HBMN.S  said it expects a
fiscal Q1 profit of around 226 million Swiss francs after 75.2
million Swiss francs a year ago.  urn:newsml:reuters.com:*:nTENwlq2va
    * Bell Food  BELL.S  said it is selling two production
facilities in Hungary and France.  urn:newsml:reuters.com:*:nNDLbzYzqW
    
    
    ANALYSTS' VIEWS
    ABB  ABBN.S  - HSBC raises target price to chf 19 from chf
18 
    
    ECONOMY
    Swiss June CPI due at 0630 GMT. Seen +0.1% m/m, -1.2% y/y. 

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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