Monday, December 23, 2013

Swiss stocks - Factors to watch on Dec 23

ZURICH Mon Dec 23, 2013 12:55am EST





<span id="articleText"/>ZURICH Dec 23 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Monday:



<span id="midArticle_0"/><span id="midArticle_1"/>SWATCH GROUP



<span id="midArticle_2"/>Swatch said a Dutch arbitration court sentenced Tiffany & Co. to pay it 402 million Swiss francs ($448.79 million) in damages in a lawsuit over their failed joint venture to produce and market watches.



<span id="midArticle_3"/>For more click on



<span id="midArticle_4"/><span id="midArticle_5"/>SWISS BANKS



<span id="midArticle_6"/>EFG International on Friday became the latest Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.



<span id="midArticle_7"/>For more, click on



<span id="midArticle_8"/><span id="midArticle_9"/>COMPANY STATEMENTS



<span id="midArticle_10"/>* Dufry said Luis Marin was appointed as its new Chief Corporate Officer and would join the Group Executive Committee from Jan 1.



<span id="midArticle_11"/>* Actelion said the European Commission granted marketing authorisation for Opsumit, or macitentan, in pulmonary arterial hypertension.



<span id="midArticle_12"/>* Roche said its new subcutaneous formulation of RoACTEMRA gains a positive opinion in Europe for moderate to severe rheumatoid arthritis.



<span id="midArticle_13"/>* Meyer Burger said it won an order of about 10 million Swiss francs ($11.16 million) for the delivery and provisioning of core components for a fully integrated photovoltaic production line in South America.



<span id="midArticle_14"/><span id="midArticle_15"/>ECONOMY



<span id="midArticle_0"/>UBS November consumption indicator at 0700 GMT



<span id="midArticle_1"/><span id="midArticle_2"/>($1 = 0.8958 Swiss francs)



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