Swiss stocks - Factors to watch on Dec. 17

Graubuendner Kantonalbank

17/12/2018 05:43

ZURICH/BERLIN, Dec 17 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday:
      
    ABB  ABBN.S 
    Hitachi Ltd  6501.T  and ABB will announce on Monday a plan
for the Japanese conglomerate to buy the Swiss engineering
group's power grid business, paying up to $7 billion for an
initial 50 percent stake, the Nikkei business daily reported.
 urn:newsml:reuters.com:*:nL3N1YM1K1
    
    ROCHE  ROG.S 
    The U.S. Food and Drug Administration on Friday approved
South Korean drugmaker Celltrion Inc's  068270.KS  biosimilar to
Roche's blockbuster breast cancer treatment, Herceptin. The
treatment, which generated sales of about $7.18 billion in 2017,
has been a main contributor to Roche's profits and is one of the
world's most successful antibody drugs.  urn:newsml:reuters.com:*:nL3N1YJ58Q
    
    COMPANY STATEMENTS  E-CH 
    * Graubuendner Kantonalbank  GRKP.S  says Daniel Fust To
Take On As New CEO From Oct. 1, 2019.  GRKP.S 
    * Investis  IREN.S  Sells Majority Stake In Project Company
La Foncière De La Dixence SA  urn:newsml:reuters.com:*:nFWN1YJ0LR
        
    ECONOMY  M-CH 
    SNB data on sight deposits due at 0900 GMT.

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
 
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