Swiss stocks - Factors to watch on Dec 1
01/12/2016 05:45
ZURICH, Dec 1 (Reuters) - The following are some of the main
factors expected to affect Swiss stocks on Thursday:
ACTELION ATLN.S
Actelion declined to comment on a report by
Streetinsider.com that it had rejected a takeover offer by
Johnson & Johnson JNJ.N .
For more, click on ATLN.S
SYNGENTA SYNN.S
China National Chemical Corp is setting up a fund that will
aim to raise $5 billion to help finance its purchase of Swiss
seeds group Syngenta, two sources with direct knowledge of the
matter told Thomson Reuters publication Basis Point.
urn:newsml:reuters.com:*:nL4N1DW1VG
For more news click on SYNN.S
CREDIT SUISSE CSGN.S
The bank has frozen dozens of accounts to determine if U.S.
clients are hiding money from IRS- Bloomberg reported, citing
sources.
For more news, click on CSGN.S
COMPANY STATEMENTS CPR-CH
* Straumann STMN.S said it signed an agreement to obtain a
controlling interest in Medentika and is also acquiring
Medentika's share of their jointly-held distribution business in
Germany. STMN.S
* Edisun Power Europe AG ESUN.S said its bond issue was
strongly oversubscribed. ESUN.S
* Forbo Holding AG FORN.S said it appointed Urs Uehlinger
as the new Chief Financial Officer and member of the Forbo Group
Executive Board. He will take up his new appointment in the
spring of 2017. FORN.S
* SFS SFSN.S said it has completed the acquisition of
Tegra Medical, a U.S. maker of disposable products made of metal
and plastic for global, leading medical device manufacturers.
SFSN.S
ECONOMY M-CH
* Swiss retail sales for October due at 0715 GMT
* Swiss manufacturing purchasing managers' index due at 0730
GMT
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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