Swiss stocks - Factors to watch on March 23

ZURICH, March 23 (Reuters) - Swiss stocks were set to open up on Tuesday, in line with other European markets following gains on Wall Street overnight.

The Swiss blue-chip index SMI.SSMI was indicated to open 14 points higher at 6,880 points, premarket data provided by bank Clariden Leu showed.CLPRE

The following are some of the main factors expected to affect Swiss stocks on Tuesday:

SWATCH GROUP(UHR.VX)

Swatch Group's watch brands Omega, Longines and Blancpain added to the industry's growing optimism on Monday by giving themselves the target of lifting sales to a new record this year after a tough 2009.

For related news, click on [UHR.VX]

UBS (UBSN.VX)

* Daniel Coleman, the global head of equities at Swiss bank UBS is stepping down after 24 years at the bank.

* A California client of Swiss bank UBS AG was sentenced to six months home detention for tax evasion in the latest case stemming from a U.S. government probe of citizens hiding billions of dollars in offshore assets.

For related news click on [UBSN.VX]

CREDIT SUISSE

* The German state of Rhineland-Palatinate is prepared to buy a CD with details of Swiss bank accounts used for evading tax in Germany, the region's finance minister was quoted as saying on Monday.

* Credit Suisse nominates AIG's Benmosche to board, publishes proposals for the Annual General Meeting on April 30, 2010.

For related news click on [CSGN.VX]

COMPANY STATEMENTS [CNR-CH]

* LLB Group (LLB.S) increases net profit by 20.2 percent to CHF 181.0 million [LLB.S]

* Schweiter Technologies (SWTQ.S) says 2009 order intake from continuing operations amounted to 175.2 million Swiss francs [SWQT.S]

* Zueblin Immobiliere France (ZUBN.S) announces that it will transform its Jatte 1 building into a modern energy-efficient building [ZUBN.S]

* Newave Energy Holding (NWEN.S) reports a solid 2009 operating performance with net sales of 78.2 million Swiss francs [NWEN.S]

* Adval Tech (ADVN.S) says total income down 29 percent to 297.7 million Swiss francs [ADVN.S]

ECONOMY [M-CH]

* Swiss National Bank chairman Philipp Hildebrand holds a speech to students at the University of St. Gallen.

For related news, click on [M-SNB]

EQUITY RESEARCH [CH-RCH]

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

.EX.S for all Swiss stocks

.EXSMI.S for blue chips

.EXNSMI.S for other stocks