Georg Fischer, Kuehne & Nagel International, Novartis: Swiss Stock Preview

The following companies’ shares may have unusual price changes in Swiss trading. Stock symbols are in parentheses and prices are from the previous close.

The Swiss Market Index of the largest and most actively traded companies fell 106.7, or 1.7 percent, to 6,184.37 in Zurich.

Georg Fischer AG (FI/N SW): The autoparts maker reported a first-half net income of 41 million Swiss francs ($39.1 million) as demand recovered in Asia. Chief Executive Officer Yves Serra expects full-year net income of about 80 million francs. The stock fell 75 centimes, or 0.2 percent, to 390.25 francs.

Kuehne & Nagel International AG (KNIN VX): The world’s largest sea-freight forwarder said its second-quarter profit rose to 151 million Swiss francs from 130 million a year earlier. The stock fell 2.3 francs, or 2 percent, to 112.90 francs.

Novartis AG (NOVN VX): The maker of the Diovan hypertension drug views its offer to buy stock from minority shareholders of Alcon Inc. as “fair” toward investors in both companies, Chief Executive Officer Joe Jimenez told Finanz und Wirtschaft in an interview. Novartis fell 80 centimes, or 1.5 percent, to 52.40 francs.

To contact the reporter on this story: Tom Mulier in Geneva at tmulier@bloomberg.net; Adam Ewing in Stockholm at aewing5@bloomberg.net.

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