Swiss stocks - Factors to watch on Jan 4

Newron Pharmaceuticals SpA

04/01/2017 05:59

ZURICH, Jan 4 (Reuters) - The following are some of the main 
factors expected to affect Swiss stocks on Wednesday: 
     
    SYNGENTA  SYNN.S   
    European Union antitrust regulators have extended the 
deadline for a decision on ChemChina's proposed buy of Swiss 
pesticides and seeds group Syngenta by 10 working days to April 
12. Syngenta said in a statement the two companies had asked for 
the extension to allow "sufficient time for the discussion of 
remedy proposals" and that they remain fully committed to the 
deal and are confident of its closure.  urn:newsml:reuters.com:*:nL5N1ET3H0 
    For more news, click  SYNN.S  
     
    ZURICH INSURANCE  ZURN.S   
    The company's head of group strategy Claudio Gienal has left 
the company, a spokesman for the Swiss insurer said. 
 urn:newsml:reuters.com:*:nL5N1ET3B5 
    For more news, click  ZURN.S  
     
    NESTLE  NESN.S  
    The foodmaker said it has sold the Quezac mineral water 
source and its bottling plant in Lozere, France, to Ogeu Group. 
    For more news, click  NESN.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * Newron Pharmaceuticals  NWRN.S  announced preliminary 
results of a phase IIa study with its sodium channel blocker, 
Evenamide (NW-3509), in patients with schizophrenia. Ravi 
Anand,, Newron's Chief Medical Officer, said the results of the 
study are "very encouraging".  NWRN.S  
    * Kudelski  KUD.S  said it had launched its Internet of 
Things (IoT) Security Center of Excellence.  KUD.S  Kudelski 
also said its Nagra unit would also work with Samsung 
Electronics to license TVKey technology, a low-cost way to 
access pay-TV services directly. 
     
    ECONOMY  M-CH  
     
 
 (Reporting by Zurich newsroom) 
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