Swiss stocks - Factors to watch on Dec 22
22/12/2014 05:57
ZURICH, Dec 22 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Monday:
ROCHE ROG.VX
The Swiss drugmaker said on Friday it had agreed to buy
privately-held Bina Technologies for an undisclosed price, the
company's second acquisition in two days.
For more click on ROG.VX
CREDIT SUISSE CSGN.VX
* A Texas jury has found Credit Suisse CSGN.VX
fraudulently enticed investors to back a $540 million loan for
the Lake Las Vegas resort, only to have the borrower quickly
default.
* Citigroup C.N has bought the commodity trading books of
Credit Suisse, sources familiar with the matter said on Friday,
as the U.S. bank extends its reach in the sector as others
retreat.
For more click on CSGN.VX
SIKA SIK.VX
Saint-Gobain SGOB.PA is not prepared to combine its mortar
business with that of takeover target Sika , the head of the
French building materials group said in a newspaper on Friday,
despite a walkout threat by the Swiss company's management.
COMPANY STATEMENTS CPR-CH
* Dottikon Es Holding DESN.S said it had increased its
strategic share in SYSTAG, System Technik AG, to 47.1 percent
from 33.9 percent on Dec. 19. The company also said its head of
legal and human resources will leave Dottikon on June 30.
DESN.S
* Myriad MYRN.S said it signed a pan Latin American
agreement with Telefonica for its msngr instant messaging
service. MYRN.S
* Schindler's SCHN.S chief executive told a Saturday
newspaper that the company's majority shareholder would only
sell their stake if an offer were made for all of the company's
listed shares. SCHN.S
ECONOMY M-CH
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