Swiss stocks - Factors to watch on May 18
ZURICH |
ZURICH May 18 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Tuesday:
SONOVA (SOON.VX)
Sonova posts full-year profit for 2009/2010 business year of 355 million Swiss francs and expects organic sales growth of 8-10 percent for 2010/2011 business year.
For related news, click on [SOON.VX]
NOVARTIS (NOVN.VX)
Pharmaceutical company Novartis engaged in a pattern of discrimination against women at one of its divisions, a U.S. jury ruled on Monday, awarding compensatory damages of $3.3 million to 12 women and soon to be determined punitive damages to a larger group.
For related news, click on [NOVN.VX]
NYCOMED NYCMD.UL
Forest Laboratories and Nycomed receive complete response letter for roflumilast.
For related news, click on [NYCMD.UL]
ECONOMY [M-CH]
The euro zone crisis is a concern for Switzerland as it poses a risk to economic recovery, the Swiss National Bank's chairman said on Monday.
For related news, click on [M-SNB-CH]
COMPANY STATEMENTS [CNR-CH]
* Oerlikon(OERL.S) Q1 2010 showed a net loss of 104 million Swiss francs.[OERL.S]
* Helvetia (HELN.S) says grows in occupational benefits business [HELN.S]
EQUITY RESEARCH [CH-RCH]
FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:
.EX.S for all Swiss stocks
.EXSMI.S for blue chips
.EXNSMI.S for other stocks
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