ZURICH Feb 7 Swiss stocks are set to rise on
Monday, tracking gains in Asia, as shares in wealth manager
Julius Baer were poised to rise after the group published a
higher net profit and announced a share buyback.
The Swiss blue-chip index SMI.SSMI was indicated to tick
up 12 points to 6,598 points, premarket data provided by bank
Clariden Leu showed.CLPRE
The following are some of the main factors expected to
affect Swiss stocks on Monday:
JULIUS BAER BAER.VX
Julius Baer will buy back up to 500 million Swiss francs of
shares and up its dividend, the Swiss private bank said on
Monday, returning excess capital to investors following an
unsuccessful acquisition hunt.
For related news click on [BAER.VX]
* Swiss bank UBS AG will pay out less money in form of
bonuses in 2010 than in the previous year, Swiss weekly Sonntag
reported on Sunday.
* UBS said on Monday Sally Bott not to stand for re-election
at UBS Annual General Meeting on April 28, 2011.
For related news, click on [UBSN.VX]
Swiss biotech group ActelionATLN.VX late on Friday
rejected hedge fund shareholder Elliott Advisors' call to
explore a possible sale, and for chairman and chief executive to
resign from the board.
For related news, click on [ATLN.VX]
* The Organisation for Economic Co-operation and Development
(OECD) wants Switzerland to make the international hunt for tax
evaders easier, a Swiss newspaper reported on Sunday.
For related news, click on [M-CH]
COMPANY STATEMENTS [CNR-CH]
* Temenos (TEMN.S) launches T24 on Windows Azure [TEMN.S]
* Partners Group (PGHN.S) invests in senior housing assets
in Canada on behalf of its clients [PGHN.S]
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