Swiss stocks - Factors to watch on Dec. 11
11/12/2018 05:50
ZURICH/BERLIN, Dec 11 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
NOVARTIS NOVN.S
The U.S. Food and Drug Administration on Monday cleared Pear
Therapeutics' mobile application to help increase retention of
patients undergoing outpatient treatment for opioid abuse.
Novartis unit Sandoz will lead the roll out of the app in the
United States in the fourth quarter. urn:newsml:reuters.com:*:nL3N1YF512
COMPANY STATEMENTS E-CH
* Banque Cantonale du Valais WKB.S said it expected an
increase in operating and net profit in 2018 versus last year.
WKB.S
* Santhera Pharmaceuticals SANN.S said it would propose to
increase the share capital by up to 5 million Swiss francs at
the Extraordinary General Meeting on Wednesday to meet its
financing objective. SANN.S
ANALYSTS' VIEWS
NOVARTIS NOVN.S - Jefferies assumes coverage with "buy"
rating, 105 Sfr price target
ECONOMY M-CH
The Swiss National Bank will keep its ultra-loose monetary
policy unchanged on Thursday against an uncertain economic and
political backdrop, and say currency markets remain fragile, a
Reuters poll found. urn:newsml:reuters.com:*:nL8N1YB3GQ
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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