Swiss stocks - Factors to watch on Sept 26
26/09/2016 05:44
ZURICH, Sept 26 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday.
MOBILEZONE MOZN.S
CEO Markus Bernhard said in an interview with Finanz und
Wirtschaft that the company sees no reason not to boost its
dividend payments back to previous levels approaching 100
percent of profits, once it completes digesting a recent
acquisition, EinsAmobile, that it bought completely with debt.
For more click MOZN.S
NOVARTIS NOVN.S
The pharmaceuticals giant said the U.S. Food and Drug
Administration has granted approvals for the expanded use of
Ilaris (canakinumab) to treat three rare and distinct types of
Periodic Fever Syndromes.
For more news, click on NOVN.S
ABB ABBN.S
Cevian, the second-biggest investor in ABB, is seeking a
seat on the electrical engineering company's board of directors
after so far failing to convince the Zurich-based company to
split off its Power Grids division, the Schweiz am Sonntag
newspaper reported.
For more ABBN.S
CREDIT SUISSE CSGN.S
Sky News reported that Sebastian Grigg, a vice-chairman of
Credit Suisse's investment bank and one of its most senior
European employees, had resigned to launch an independent firm
which will advise some of the UK's biggest companies on mergers,
takeovers and capital-raising activity. http://bit.ly/2cwuyZq
CSGN.S-E
COMPANY STATEMENTS CPR-CH
* Accu Holding ACUN.S said it has agreed to sell Cieffe
Group for 550,000 Swiss francs to Pearl Vintage Cars. ACUN.S
ECONOMY M-CH
* The Swiss National Bank releases sight deposits data at
0800 GMT.
* The IMF is due announce the results of its annual
evaluation of the Swiss economy at 0915 GMT.
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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Keywords: MARKETS SWISS STOCKS/