Swiss stocks - Factors to watch on June 22

Interroll Holding AG

22/06/2022 05:44

ZURICH/BERLIN, June 22(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
    
    NOVARTIS AG  NOVN.S 
    A U.S. appeals court on Tuesday ruled that a patent related
to Swiss drugmaker Novartis AG's blockbuster multiple sclerosis
drug Gilenya was invalid, potentially paving the way for
introduction of a cheaper generic version of the medicine.
Novartis said it would file an appeal  urn:newsml:reuters.com:*:nL1N2Y81CO
    
    Novartis gets European Commission approval for Tabrecta for
treatment of metex14 skipping advanced non-small cell lung
cancer  urn:newsml:reuters.com:*:nFWN2Y80W2
    
    CREDIT SUISSE  CSGN.S 
    The Financial Times reports that the fund manager at the
centre of an ill-fated investment by the Vatican in the London
property market has filed a lawsuit against Credit Suisse over
claims the Swiss bank did not disclose that the funds were from
donations intended for the needy. It cites the bank as saying
the suit was without merit
    
    CLARIANT  CLN.S 
    The speciality chemicals group will reorganize into three
global business units instead of five  CLN.S 
    
    VALIANT  VATN.S 
    The bank will eliminate negative interest for private and
corporate clients from July 1, it said  VATN.S 
      
    COMPANY STATEMENTS
    * Lindt & Spruengli  LISN.S : completes buyback of own
shares and participation certificates; another capital reduction
through cancellation of remaining registered shares and
participation certificates bought back will be requested at next
ordinary general meeting on April 20, 2023  LISN.S 
    * Interroll Holding AG  INRN.S  improved its 2022 outlook
for sales and lowered expectations for operating result  INRN.S 
    * Montana Aerospace AG  AERO.S : places promissory notes for
sustainable growth financing; duration of up to five years and a
volume of approximately EUR 80 million  AERO.S 
    * Precision BioScience Inc  DTIL.O  announced an in vivo
gene editing collaboration with Novartis  NOVN.S   NOVN.S 
    * Wisekey International Holding AG  WIHN.S : semiconductors
IOT segment is expected to generate unaudited revenue of
approximately $10 million in H1 2022, an increase of over 37%
 WIHN.S 
    
    ANALYST VIEWS
    Schindler Holding AG  SCHP.S : Berenberg cuts target price
to CHF 180 from 195 
    Zur Rose Group AG  ROSEG.S : Credit Suisse initiates
coverage with underperform rating and CHF 73 target price
    
    ECONOMY
    Swiss Q1 current account data due at 0700 GMT

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