Swiss stocks - Factors to watch on March 3
03/03/2020 05:53
ZURICH/BERLIN, March 3(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
SWISS RE/UBS
UBS Group Chief Executive Sergio Ermotti is poised to become
chairman of Swiss Re next year after leaving the helm of
Switzerland's biggest bank, three people familiar with the
matter told Reuters. urn:newsml:reuters.com:*:nZ8N27U02B
NOVARTIS NOVN.S
Novartis unit Sandoz has agreed to pay $195 million to reach
a deferred prosecution agreement aimed at resolving antitrust
charges, the U.S. Justice Department said on Monday.
urn:newsml:reuters.com:*:nL1N2AV25L
LINDT & SPRUENGLI LISN.S
Q4 results due
JULIUS BAER BAER.S
Annual report due
LOGITECH LOGN.S
The computer peripherals maker is expected to give its
outlook for its 2021 business year at its investor day in New
York.
COMPANY STATEMENTS
* Forbo FORN.S said 2019 group profit rose by 0.5% to
138.3 million Swiss francs ($144.35 million)
* Oerlikon OERL.S posted full-year group net loss of 66
million Swiss francs
ANALYSTS' VIEWS
* Jefferies initiates ABB ABBN.S with underperform rating
and price target of 18.50 Swiss francs
ECONOMY
Swiss Q4 GDP due at 0645 GMT. Q4 GDP is seen +0.2% q/q,
+1.3% y/y.
($1 = 0.9581 Swiss francs)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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