OC Oerlikon Corp. Chief Executive Officer Michael Buscher said a merger with Sulzer AG isn’t a topic for the company, Finanz und Wirtschaft reported.
EQUITIES: *SGS acquires Environmental Testing Corporation *Roche’s repacked Avastin found linked to cluster of eye infections, FDA says *UBS cut three jobs in its Canadian financial-adviser network *Holcim raised to “buy” at Jefferies *Emmi said first-half sales increased *Feintool changes its business year
ECONOMY: *Switzerland’s government holds regular meeting *Swiss National Bank publishes July currency holdings
MARKETS: *The SMI rose 0.1 percent to 5,449.16. *The SPI increased 0.2 percent to 4,971.48. *The Stoxx Europe 600 Index rose 1 percent to 230.64. *The MSCI Asia-Pacific Index gained 0.9 percent at 7:42 a.m. Zurich time *Euro-franc traded at 1.1790 at 7:42 a.m. Swiss time.