Swiss stocks - Factors to watch on November 19

NEBAG AG

19/11/2020 05:57

ZURICH/BERLIN, Nov 19 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    ABB  ABBN.S 
    The company said it plans to offload three business units
that generate $1.75 billion in sales.  urn:newsml:reuters.com:*:nZ8N2FE01C
    ABB is also considering a sale of its North American
mechanical power transmission business Dodge, according to
people familiar with the matter, Bloomberg reported. 
    
    LONZA  LONN.S 
    Lonza made its first commercial batch of the main ingredient
in Moderna's Covid-19 vaccine candidate in the U.S. last week
and plans to start European production by the end of the month,
Chairman Albert Baehny told Bloomberg.
    
    
    COMPANY STATEMENTS
    * Nebag  NBEN.S  has expanded its position in Plaston
Holding to over 20% through purchases on the market.
    
    
    ANALYSTS' VIEWS
    * MOLECULAR PARTNERS AG MOLN.S>: JP MORGAN RAISES TARGET
PRICE TO CHF 20 FROM CHF 10
    
    
    ECONOMY
    Swiss October trade due at 0700 GMT
    Swiss Q3 industrial production data due at 0730 GMT

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