ZURICH, March 28 Fri Mar 28, 2014 1:47am EDT
<span id="articleText"/>ZURICH, March 28 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Friday:
<span id="midArticle_0"/><span id="midArticle_1"/>NOVARTIS
<span id="midArticle_2"/>A drug made by Novartis AG to treat acute heart failure should not be approved because there is insufficient evidence it improves symptoms, a panel of advisers to the U.S. Food and Drug Administration concluded on Thursday.
<span id="midArticle_3"/>For more, click on:
<span id="midArticle_4"/><span id="midArticle_5"/>UBS
<span id="midArticle_6"/>A former UBS AG trader who became a cooperating witness in the U.S. government's sweeping probe of bid-rigging in the $3.7 trillion municipal bond market was sentenced to time served on Thursday.
<span id="midArticle_7"/>For more, click on:
<span id="midArticle_8"/><span id="midArticle_9"/>SWATCH
<span id="midArticle_10"/>Swiss watchmakers say a slowdown in their important Chinese market, and political tensions in Russia that could affect wealthy consumers' spending there, are likely to result in only modest sales growth this year.
<span id="midArticle_11"/>For more, click on:
<span id="midArticle_12"/><span id="midArticle_13"/>LINDT
<span id="midArticle_14"/>Rising demand for premium chocolate has spurred Lindt & Spruengli to boost production at its U.S. headquarters by 8 to 10 percent, where it will start making high-quality treats for China for the first time, Lindt USA chief executive said.
<span id="midArticle_15"/>For more, click on:
<span id="midArticle_0"/><span id="midArticle_1"/>COMPANY STATEMENTS
<span id="midArticle_2"/>* Pargesa said Baudouin Prot has decided not to stand for re-election as a board member at the company's next annual general meeting.
<span id="midArticle_3"/>* Perfect Holding said revenues fell 8.6 percent last year to 27.4 million francs generating a net operating loss of 0.7 million francs.
<span id="midArticle_4"/><span id="midArticle_5"/>ECONOMY
<span id="midArticle_6"/>The Swiss National Bank's (SNB) cap on the franc's value remains a necessary tool to ensure price stability for the foreseeable future, board member Fritz Zurbruegg said in a speech on Thursday.
<span id="midArticle_7"/>He told a money market event in Zurich that the central bank had a whole pallet of measures to defend the minimum exchange rate, including negative interest rates.
<span id="midArticle_8"/><span id="midArticle_9"/><span id="midArticle_10"/>
<span id="articleText"/>ZURICH, March 28 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Friday:
<span id="midArticle_0"/><span id="midArticle_1"/>NOVARTIS
<span id="midArticle_2"/>A drug made by Novartis AG to treat acute heart failure should not be approved because there is insufficient evidence it improves symptoms, a panel of advisers to the U.S. Food and Drug Administration concluded on Thursday.
<span id="midArticle_3"/>For more, click on:
<span id="midArticle_4"/><span id="midArticle_5"/>UBS
<span id="midArticle_6"/>A former UBS AG trader who became a cooperating witness in the U.S. government's sweeping probe of bid-rigging in the $3.7 trillion municipal bond market was sentenced to time served on Thursday.
<span id="midArticle_7"/>For more, click on:
<span id="midArticle_8"/><span id="midArticle_9"/>SWATCH
<span id="midArticle_10"/>Swiss watchmakers say a slowdown in their important Chinese market, and political tensions in Russia that could affect wealthy consumers' spending there, are likely to result in only modest sales growth this year.
<span id="midArticle_11"/>For more, click on:
<span id="midArticle_12"/><span id="midArticle_13"/>LINDT
<span id="midArticle_14"/>Rising demand for premium chocolate has spurred Lindt & Spruengli to boost production at its U.S. headquarters by 8 to 10 percent, where it will start making high-quality treats for China for the first time, Lindt USA chief executive said.
<span id="midArticle_15"/>For more, click on:
<span id="midArticle_0"/><span id="midArticle_1"/>COMPANY STATEMENTS
<span id="midArticle_2"/>* Pargesa said Baudouin Prot has decided not to stand for re-election as a board member at the company's next annual general meeting.
<span id="midArticle_3"/>* Perfect Holding said revenues fell 8.6 percent last year to 27.4 million francs generating a net operating loss of 0.7 million francs.
<span id="midArticle_4"/><span id="midArticle_5"/>ECONOMY
<span id="midArticle_6"/>The Swiss National Bank's (SNB) cap on the franc's value remains a necessary tool to ensure price stability for the foreseeable future, board member Fritz Zurbruegg said in a speech on Thursday.
<span id="midArticle_7"/>He told a money market event in Zurich that the central bank had a whole pallet of measures to defend the minimum exchange rate, including negative interest rates.
<span id="midArticle_8"/><span id="midArticle_9"/><span id="midArticle_10"/>
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