ZURICH, Oct 19 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Wednesday:
ROCHE ROG.S
The drugmaker's new immunotherapy, Tecentriq, won approval
on Tuesday from U.S. health regulators as a second-line lung
cancer treatment, a decision seen likely to erode Bristol-Myers
Squibb's BMY.N position in this hotly contested market.
urn:newsml:reuters.com:*:nL4N1CO4WF
For more news see ROG.S-E
CREDIT SUISSE CSGN.S
Credit Suisse has agreed in principle to pay about 100
million euros to settle its tax position in Italy in a case
involving allegations it helped clients transfer undeclared
funds offshore, a source with direct knowledge of the matter
told Reuters on Tuesday. urn:newsml:reuters.com:*:nL8N1CO607
Credit Suisse AG will absorb Credit Suisse (Channel Islands)
Limited as of Jan 3, 2017, the bank said.
CSGN.S-E
TEMENOS TEMN.S
Financial software maker releases Q3 results after market
close
For more news see TEMN.S-E
OC OERLIKON OERL.S
Chief Executive Roland Fischer tells Swiss newspaper Finanz
und Wirtschaft its Drive Systems business has structural
problems that need to be addressed. Afterwards a sale would be
an option "but the timing is wrong now, markets are on the
floor". urn:newsml:reuters.com:*:nL8N1CO524
COMPANY STATEMENTS CPR-CH
* HBM Healthcare Investments HBMN.S says invests $10
million in True North Therapeutics, a privately held company
based in California as part of a $45 million equity financing
round.
* Datacolor AG DCN.S appoints Annet van der Laan as new
CFO
ECONOMY M-CH
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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