November 3, 2017 / 5:37 AM / a year ago

Swiss stocks - Factors to watch on Nov 3

ZURICH, Nov 3 (Reuters) - The Swiss blue-chip SMI was seen opening 0.1 percent firmer at 9,288 points on Friday, according to premarket indications by bank Julius Baer .

Here are some of the main factors that may affect Swiss stocks.


The Swiss drugmaker is working with Centerview to review options for its dermatology business, including a possible sale, as it trims non-core assets, two sources familiar with the matter told Reuters.

Amgen and Novartis announce expanded collaboration with Banner Alzheimer's Institute in pioneering prevention programme

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Hedge fund Elliott Management Corp has enlisted investment bank UBS Group AG for help in its effort to secure a higher price in Qualcomm Inc.'s planned purchase of NXP Semiconductors NV or bring in a new bidder, the Wall Street Journal reports, citing people familiar with the matter.


* Straumann says Turkish Competition Authority grants approval for Straumann to acquire a 70 percent stake in Batigroup, Turkey's largest distributor of dental implants; current owner to hold remaining 30 percent and join Straumann Group together with local team of 200

* Autoneum said it placed a 100 million Swiss franc 2025 bond with a coupon of 1.125 percent.

* Pargesa said it had economic operating income of 348.1 million francs at September 30, up from 280.8 million francs in the year-earlier period.

* Investis said it sees significantly lower income taxes for 2017, compared to the previous year, due to a 11 million franc reversal of deferred tax liabilities. Its full year operating targets are unchanged.

* SGS buys Canadian group BioVision Seed Research Ltd, with 20 staff and annual sales of 3.4 million Canadian dollars

* VZ Holding increases tax provisions by 5.2 million francs amid a legal dispute over value added tax

* Wisekey increases full-year 2017 pro-forma revenue guidance to $56 million, approximately 383 percent higher than full-year 2016

* Talbot controls 99.67 percent of the shares in ImmoMomentum after a takeover offer, final results showed

Reporting by Zurich newsroom

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