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Swiss stocks - Factors to watch on Nov 13

Published 13/11/2015, 04:44 pm
© Reuters.  Swiss stocks - Factors to watch on Nov 13
ADEN
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ROG
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SYENF
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BLK
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DCN
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ZUGER
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ZURICH, Nov 13 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Friday.

SYNGENTA SYNN.VX

China National Chemical Corp is in talks to buy Syngenta but its initial offer of nearly $42 billion for the world's largest agrichemical company was rejected, Bloomberg reoported, citing unidentified sources.

State-owned ChemChina's first offer valued the agricultural chemicals group at 449 Swiss francs per share, or 41.7 billion Swiss francs ($41.72 billion). It said the rejection stemmed from regulatory concerns.

ROCHE ROG.VX

The Swiss drugmaker will take a 1.6 billion Swiss franc charge to end manufacturing at four sites in Europe and the United States in a move that will result in up to 1,200 job losses as it addresses "current underutilisation" stemming from a changing portfolio of medications.

COMPANY STATEMENTS

* Adecco ADEN.VX says asset management firm Blackrock (N:BLK) has reported a stake of more than 5 percent in the biggest staffing company.

* Datacolor DCN.S proposed a dividend of 11 francs per share while reporting 2014/15 Sales of $66.8 million, EBIT of $4.4 million and net income of $3.2 million.

* Zuger Kantonalbank ZG.S said it would pay $3.8 million to settle U.S. allegations it helped Americans dodge taxes. It said the payment was covered by reserves it had created in 2013.

ECONOMY

Producer/import price data for October due at 0815 GMT

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