Swiss stocks - Factors to watch on August 12
12/08/2022 05:42
ZURICH/BERLIN, Aug 12 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
CREDIT SUISSE CSGN.S
Credit Suisse has applied to the English High Court to
initiate formal legal proceedings against Japan's SoftBank Group
Corp 9984.T in a $440 million dispute over Greensill-linked
funds, two sources familiar with the matter said on Thursday.
urn:newsml:reuters.com:*:nL4N2ZN0VC
NOVARTIS NOVN.S
Novartis AG on Thursday reported two patient fatalities due
to acute liver failure following treatment with Zolgensma gene
therapy used to treat spinal muscular atrophy. urn:newsml:reuters.com:*:nL1N2ZN2LB
urn:newsml:reuters.com:*:nFWN2ZN9FE
ROCHE ROG.S
The pharma company has received approval from the U.S. Food
and Drugs Administration for its Xofluza drug to treat influenza
in children aged five years and older. ROG.S
COMPANY STATEMENTS
* VZ Holding VZN.S : H1 Operating Revenues Up By 11.8%
urn:newsml:reuters.com:*:nFWN2ZN9GC
ANALYSTS' VIEWS
ASCOM HOLDING AG ASCN.S : CREDIT SUISSE RAISES TARGET PRICE
TO CHF 8.1 FROM CHF 7.2
DUFRY AG DUFN.S : GOLDMAN SACHS REINSTATES WITH NEUTRAL
RATING; TARGET PRICE CHF 44
ZURICH INSURANCE GROUP AG ZURN.S : JP MORGAN RAISES TARGET
PRICE TO CHF 560 FROM CHF 550
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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