Swiss stocks - Factors to watch on Nov 13

Huber+suhner AG

13/11/2017 05:35

ZURICH, Nov 13 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Nov 13: 
     
    NOVARTIS  NOVN.S  
    The company's bid to move in on Bayer's  BAYGn.DE  and 
Regeneron's  REGN.O  eye-drug turf was buoyed on Friday by data 
showing patients on the Swiss drugmaker's new RTH258 drug showed 
less disease activity than those on its rivals' drug Eylea. 
 urn:newsml:reuters.com:*:nL8N1NF7SI 
    For more info, click on  NOVN.S     
     
    CREDIT SUISSE  CSGN.S   
    Activist shareholder Rudolf Bohli who wants to break up the 
bank has been in contact with the Qatar Investment Authority, 
one of the largest shareholders in Credit Suisse, according to 
newspaper Schweiz am Wochenende, without citing sources. Talks 
between Bohli and Credit Suisse CEO Tidjane Thiam focused on 
RBR's argument that the bank should cut overheads and take 
greater advantage of technology, the Financial Times reported, 
citing people familiar with the meeting.  CSGN.S  
       
    COMPANY STATEMENTS  CPR-CH  
    * Nestle  NESN.S  said its U.S. business had initiated a 
recall of Hot Pockets four cheese pizza snack bites due to 
misbranding and undeclared allergens. The company said there had 
been no confirmed reports of adverse reactions.  NESN.S  
    * Huber+Suhner  HUBN.S  said it was acquiring Inwave 
Elektronik, a Swiss specialist in microwave and RF-over-fiber 
solutions which convert radio frequencies to analogue fiber 
optic signals and vice versa.  HUBN.S  
    * Meyer Burger  MBTN.S  said it has sold its non-PV related 
diamond wire production business.  MBTN.S  
     
    ECONOMY  M-CH  
    The Swiss National Bank is due to publish details of sight 
deposits at 0900 GMT. 
     
 
 (Reporting by Zurich newsroom) 
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Keywords: MARKETS SWISS STOCKS/