Swiss stocks - Factors to watch on Sept 6

Romande Energie Holding SA

06/09/2018 06:08

ZURICH/BERLIN, Sept 6 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
      
    NOVARTIS  NOVN.S 
    Novartis said on Thursday it would sell the dermatology and
generic U.S. oral solids portfolios of Sandoz U.S. to India's
Aurobindo Pharma  ARBN.NS  for $900 million, as the Swiss
drugmaker looks to focus on higher growth areas.  urn:newsml:reuters.com:*:nL3N1VS2AV
    
    COMPANY STATEMENTS  E-CH 
    * HBM Healthcare Investments  HBMN.S  said it has taken a
$15 million stake in Chinese online pharmacy and healthcare
company Jianke.  HBMN.S 
    * Romande Energie Holding  HREN.S  said its first half group
net profit fell 9.3 percent to 30.89 million Swiss francs.
Separate, it said its Chief Executive, Pierre-Alain Urech, would
retire in late 2019.  HREN.S 
    * Credit Suisse  CSGN.S  has promoted Antonia Rowan to run
its UK advisory and corporate broking business, the Financial
Times reported.  CSGN.S 
    * Panalpina  PWTN.S  said it is expanding its executive
board, making Lucas Kuehner executive vice president of iair
freight and Peter Winther, executive vice president of Ocean
Freight.  PWTN.S 
    * Sunrise Communications  SRCG.S  announced Marcel Huber as
its new Chief Administrative Officer.  SRCG.S  
    
    ECONOMY  M-CH 
    Q2 GDP due at 0545 GMT  CHGDP=ECI 

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