Swiss stocks - Factors to watch on May 16 [Reuters]
AVEXIS (AVXS)
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Source: Reuters
Swiss stocks - Factors to watch on May 16 | Reuters Reuters Staff 2 Min Read ZURICH, May 16 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: Chief Executive Vas Narasimhan, fresh off an apology to his employees over a $1.2 million contract with U.S. President Donald Trump’s lawyer he now calls a mistake, meets with investors to go over the company’s near-term plans and pipeline prospects. Novartis successfully completes acquisition of Avexis Inc. Roche unit Chugai Pharmaceutical Co Ltd obtained approval from the Taiwan Food and Drug Administration for “Alecensa,” anaplastic lymphoma kinase (ALK) inhibitor, for the treatment of patients with ALK-positive, advanced non-small cell lung cancer (NSCLC). Starbucks Corp is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in the United States. The U.S. coffee chain, which recent
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