Swiss stocks - Factors to watch on November 20
20/11/2020 05:40
ZURICH/BERLIN, Nov 20 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
ABB ABBN.S
ABB's clutch and transmission manufacturer Dodge had already
attracted interest from potential bidders before the Swiss
engineering group announced it was exiting the business, people
familiar with the matter told Reuters on Thursday. urn:newsml:reuters.com:*:nL1N2I5255
SWISS RE SRENH.S
Investor day
COMPANY STATEMENTS
* Aryzta AG ARYN.S said Kevin Toland would cease his role
as CEO effective immediately and appointed Urs Jordi, chair of
the board, as interim CEO pending the recruitment of a permanent
CEO. urn:newsml:reuters.com:*:nFWN2I5125
* Novartis NOVN.S said it had secured exclusive rights for
potential acute respiratory distress syndrome cell therapy.
urn:newsml:reuters.com:*:nFWN2I518Q
* Chubb Ltd CB.BN said its board had declared a quarterly
dividend and authorised a share repurchase program of up to $1.5
billion through December 31, 2021. urn:newsml:reuters.com:*:nASA01FFV
ANALYSTS' VIEWS
* SWATCH GROUP AG UHR.S : HSBC CUTS TO HOLD FROM BUY. HSBC
RAISES TARGET PRICE TO CHF 255 FROM CHF 245.
* ABB LTD ABBN.S : JP MORGAN RAISES TARGET PRICE TO CHF 22
FROM CHF 21.50
ECONOMY
No major economic data scheduled
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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