Zurich Stocks Slide Tuesday
April 15 2014 - 12:29PM
Dow Jones News
ZURICH--SMI slides 0.39% to 8280.53. Nestle falls 0.15% after
the world's biggest food company reported a 5.1% drop in
first-quarter sales. Roche slips 0.35% after the cancer treatment
giant reported first-quarter sales dipped 1% because of the
strength of the Swiss franc. Fellow pharmaceutical giant Novartis
slides 0.41%, while Actelion, Europe's biggest biotech, drops
0.67%. Credit Suisse, which reports earnings on Wednesday, edged
0.07% higher. Fellow banks UBS and Julius Baer fell 0.8% and 1.28%
respectively.
Write to Zurich bureau at djnews.zurich@dowjones.com