Swiss stocks - Factors to watch on Oct. 17
17/10/2018 05:48
ZURICH/BERLIN, Oct 17 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
ROCHE ROG.S
Q3 results due. Total revenue seen up 5.2 percent, as sales
of top drugs Herceptin and Rituxan are seen falling 4.4 and 9.9
percent respectevely.
ARYZTA ARYN.S
Swiss-Irish baker Aryzta stood by its plan to raise 800
million euros ($926 million) in new equity to meet its liquidity
and financing needs, criticising a proposal by its biggest
shareholder to raise only half that amount as inadequate and
risky. urn:newsml:reuters.com:*:nL8N1WW6L9
COMPANY STATEMENTS E-CH
* Kudelski KUD.S said it struck a patent license agreement
with Endeavor, an entertainment, sports and fashion company.
KUD.S
* Novartis NOVN.S Chairman Joerg Reinhardt told German
newspaper FAZ the company could launch two new gene therapies
within the next twelve months. Following the spinoff of eyecare
unit Alcon, no more bigger portfolio adjustments would be
needed, he said. NOVN.S
ECONOMY M-CH
No economic data due.
Switzerland's nine-year streak as the world's most
competitive economy came to an end on Wednesday, dethroned by
the United States in an annual league table published by the
World Economic Forum (WEF). urn:newsml:reuters.com:*:nL8N1WW2UV
(Reporting by Zurich newsroom and Berlin Speed Desk)
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