Swiss stocks - Factors to watch on October 14

By Reuters News

- Here are some of the main factors that may affect Swiss stocks on Wednesday:

COMPANY STATEMENTS


LONZA GROUP AG LONN.S

The company upgraded, as part of its capital markets day, its organic growth model, now expecting to reach a core EBITDA margin in the high thirties in the mid-term.


GALDERMA GROUP AG GALD.S

Swiss skincare conglomerate Galderma GALD.S has agreed to buy medical-grade skincare company ZO Skin Health for around $1.5 billion, according to two people familiar with the matter.


UBS GROUP AG UBSG.S

A committee in Switzerland's upper house of parliament on Tuesday backed a government plan to create a public liquidity backstop for systemically important banks that would levy a fee on UBS UBSG.S to access it.


BOSSARD HOLDING AG BOS.S

The company said it reached for the third quarter group sales of 296.1 million Swiss francs ($356.06 million), up 12.0% year-on-year


ANALYSTS' VIEWS

SWISS RE AG SRENH.S : JEFFERIES CUTS TO UNDERPERFORM FROM HOLD; CUTS TARGET PRICE TO CHF 110 FROM CHF 130


ECONOMY

Swiss Bond Auction due at 0900 GMT.

SNB US Dollar auction due at 1000 GMT




($1 = 0.8316 Swiss francs)

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