Swiss stocks - Factors to watch on Jan 14

ZURICH Jan 14 (Reuters) - Swiss shares were set to open higher on Thursday following overnight gains on Wall Street and in Asia.

The Swiss blue-chip index SMI.SSMI was indicated to open up 41 points at 6,596 points, premarket data provided by bank Clariden Leu showed.CLPRE

The following are some of the main factors expected to affect Swiss stocks on Thursday.

CREDIT SUISSE(CSGN.VX)

Credit Suisse sees significant upside in its private banking business, Switzerland's largest bank by market capitalisation said in slides to a presentation to analysts in Zurich by Chief Financial Officer Renato Fassbind.

For related news click on {CSGN.VX]

HOLCIM(HOLN.VX)>

The Swiss cement major has no plans to make a counterbid for Cimpor (CPR.LS), Portugal's largest cement producer, a senior official said on Thursday.

For related news click on [HOLN.VX]

NESTLE (NESN.VX)

Nestle USA will begin using heat-treated flour in its Toll House refrigerated cookie dough, months after the company temporarily pulled the product off of store shelves after the Food and Drug Administration found evidence of E. coli contamination.

For related news click on [NESN.VX]

COMPANY STATEMENTS [CNR-CH]

* Sulzer (SUN.S) says 2009 order intake 3 Billion Swiss francs [SUN.S]

* SGS (SGSN.VX) and Halliburton sign joint agreement to provide reservoir fluid analysis solutions for the energy industry [SGSN.VX]

* Peter Ilg is appointed new Mikron (MIKN.S) CFO, replacing Andreas Moser in next few months [MIKN.S]

* Huber & Suhner (HUBN.S) says 2009 decline in net sales 17 percent, drop in order intake 14 percent [HUBN.S]

* Adval Tech Group (ADVN.S) says it has received a large order from BMW for the new generation of its Series 1 and 3 models [ADVN.S]

ECONOMY [M-CH]

EQUITY RESEARCH [CH-RCH]

* JP MORGAN CUTS SWISS LIFE HOLDING AG (SLHN.VX) TO UNDERWEIGHT FROM NEUTRAL

* MORGAN STANLEY CUTS SGS SA (SGSN.VX) TO UNDERWEIGHT FROM EQUAL WEIGHT

* MORGAN STANLEY CUTS SWISS LIFE HOLDING AG (SLHN.VX) TO UNDERWEIGHT FROM EQUAL WEIGHT

* UBS CUTS BARRY CALLEBAUT (BARN.S) TO NEUTRAL FROM BUY ON VALUATION

* MORGAN STANLEY RAISES ADECCO SA (ADEN.VX) PRICE TARGET TO SFR 52 FROM SFR 47; RATING UNDERWEIGHT

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.EX.S for all Swiss stocks

.EXSMI.S for blue chips

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