off-the-wire

Swiss stocks - Factors to watch on May 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH/BERLIN, May 3(Reuters) - Here are some of the main factors that may affect Swiss stocks on May 3:


NOVARTIS Amgen Inc sued Novartis AG's Sandoz in New Jersey federal court Monday, accusing Sandoz's proposed versions of its multibillion-dollar bone-strengthening drugs Prolia and Xgeva of infringing several patents. (Full Story)


SIKA Sika has completed its acquisition of Germany-based MBCC after receiving all necessary regulatory approvals, the Swiss chemicals company said on Tuesday. (Full Story)


COMPANY STATEMENTS


STRAUMANN HOLDING AG Q1 results due.


* OC Oerlikon Q1 Group Sales Up At CHF 735 Mln - Reuters


ANALYSTS' VIEWS BASILEA PHARMACEUTICA AG: BAADER HELVEA STARTS WITH BUY RATING; TARGET PRICE CHF 57.70 LOGITECH INTERNATIONAL SA: WEDBUSH RAISES TARGET PRICE TO $63 FROM $60


SIG GROUP AG: JEFFERIES RAISES TARGET PRICE TO CHF 28 FROM CHF 26 SKAN GROUP AG: CREDIT SUISSE RAISES TARGET PRICE TO CHF 95 FROM CHF 82 DORMAKABA HOLDING AG: CREDIT SUISSE CUTS TO NEUTRAL FROM OUTPERFORM; CUTS TARGET PRICE TO CHF 447 FROM CHF 590 LANDIS+GYR GROUP AG: TD COWEN RAISES TARGET PRICE TO CHF 87 FROM CHF 84


EX-DIVIDEND


SWISS LIFE HOLDING - 30 CHF/shr dividend


BALOISE HOLDING AG - 7.40 CHF/shr dividend


HELVETIA HOLDING - 5.90 CHF/shr dividend


ECONOMY


No major Swiss economic data scheduled. (Reporting by Zurich newsroom and Berlin Speed Desk)


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