Swiss stocks - Factors to watch on Nov 16
16/11/2016 05:58
ZURICH, Nov 16 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Wednesday.
LAFARGEHOLCIM LHN.S
Two human rights groups said on Tuesday they had filed a
legal complaint in Paris against the cement firm, saying some of
its work in Syria may have made it complicit in financing
Islamic State and in war crimes. urn:newsml:reuters.com:*:nL8N1DG4NA
Moreover, the Swiss-French cement giant said it was boosting
stakes in Indian companies, a move which will lift its net debt
by 325 million Swiss francs ($324.64 million). LafargeHolcim had
been aiming for a goal of 13 billion francs net debt by the end
of 2016, but that will now have to be adjusted, the company said
in a statement on Tuesday.
For more click LHN.S
NOVARTIS NOVN.S
The pharma company announced results of a new analysis
demonstrating its Entresto tablets reduced the risk of first and
repeat heart failure hospitalisations as well as cardiovascular
deaths that followed hospitalisation for heart failure. NOVN.S
COMPANY STATEMENTS CPR-CH
* AFG AFGN.S published the final result of its public
purchase and exchange offer for the takeover of Looser Holding.
AFG said it now owns 88.2 percent of the listed Looser shares
and declared the offer successful. AFGN.S
* Mobilezone MOZN.S is expanding its group executive board
to five members, from three, as part of a new structure.
MOZN.S
* Kuehne & Nagel KNIN.S said it has been appointed the
logistics partner for Michelin in Poland. KNIN.S
ECONOMY M-CH
ZEW Investor Sentiment due at 1000 GMT
($1 = 1.0011 Swiss francs)
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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