Swiss stocks - Factors to watch on May 11

ZURICH May 11 (Reuters) - Swiss stocks are set to open lower on Monday, tracking other European markets after equities rallied strongly the previous day.

The Swiss blue-chip index SMI.SSMI was indicated to fall 50 points to 6,431 points at the open, premarket data provided by bank Clariden Leu showed.CLPRE

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

JULIUS BAER (BAER.VX)

Private bank Julius Baer said on Tuesday strong money inflows in its growth markets compensated for tax pressure on Swiss banks prompting many European off-shore clients to repatriate funds.

For related news, click on [BAER.VX]

ROCHE (ROG.VX)

Drug discovery firm Galapagos (GLPG.BR) could be in line for up to 150 million euros ($201.3 million) in milestone payments after it expanded its development alliance with Roche, it said on Tuesday.

For related news click on [ROG.VX]

ECONOMY [M-CH]

* The Swiss consumer sentiment index improved to 14 points in the second quarter of 2010 from -7 points in the first, the State Secretariat for Economic Affairs said on Tuesday.

* The Swiss National Bank and the International Monetary Fund will host a high-level conference on the International Monetary System, with key central bankers likely to attend. SNB Governor Philipp Hildebrand and IMF's Dominique Strauss-Kahn will hold a media conference afterwards.

* Axel Weber of the European Central Bank to speak at the University of Zurich on the challenges for monetary and fiscal policy exit strategies.

COMPANY STATEMENTS [CNR-CH]

* Temenos (TEMN.S) buys UK mobile banking software provider FE-Mobile for undisclosed sum [TEMN.S]

* SULZER (SUN.S): Swiss engineering group Sulzer's chief financial officer Peter Meier is leaving the company to take on the same position at Kuoni Group (KUNN.S). [SUN.S][KUNN.S]

* MYRIAD (MYRN.S): VisionMobile 100 Million Club report marks Myriad's continued dominance in mass-market mobile software [MYRN.S]

* STMicroelectronics STM.S: demonstrates maximum protection for secure documents, such as ID cards and biometric passports. [STM.S]

* INFICON Holding AG (IFCN.S): reports on successful AGM [IFCN.S]

* TORNOS (TOHN.S): The Tornos Group posts an 87.5 percent rise in first-quarter orders to 43.4 million Swiss francs.[TOHN.S]

* LONZA (LONN.VX): Lonza selects Nansha, China for its new plant for vitamin B3 (nicotinates)[LONN.VX]

* ADDEX (ADXN.S): Addex R&D Day Highlights [ADEN.VX]

* PSP Swiss Property (PSPN.S): posts quarterly results as per 31 March 2010 [PSPN.S]

* SHL Telemedicine (SHLTN.S): posts Q1 2010 results [SHLTN.S]

* EFG International (EFGN.S): EFG has agreed terms to transfer its stake in Marble Bar Asset Management (MBAM) to MBAM's senior management, in exchange for a perpetual cashflow stream based on future MBAM revenues. [EFGN.S]

EQUITY RESEARCH [CH-RCH]

* UBS raises Adecco (ADEN.VX) price target to 57 Sfr from 52 Sfr

* Morgan Stanley raises UBS (UBSN.VX) to overweight from equal-weight

* Credit Suisse raises price target for Zurich (ZURN.VX) to 308 Sfr from 300 Sfr - traders

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

.EX.S for all Swiss stocks

.EXSMI.S for blue chips

.EXNSMI.S for other stocks