Swiss stocks – Factors to watch on Dec 2

ZURICH, Dec 2 (BestGrowthStock) – Swiss stocks are poised to open
higher on Thursday, adding to the previous day’s gains and
tracking other European bourses as investors look to the
European Central Bank to announce new measures to solve the euro
zone debt crisis.

The Swiss blue-chip index SMI (.SSMI: ) was indicated to rise
20 points to 6,431 points, according to premarket data provided
by bank Clariden Leu. (CLPRE: )

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

ZURICH FINANCIAL SERVICES (ZURN.VX: )

The Swiss insurer confirmed its profitability target on
Thursday, saying it was well placed to pay shareholders
attractive dividends.

For related news click on [ZURN.VX]

ECONOMY (ECONCH: )

*The Swiss economy grew by 0.7 percent in the third quarter
from the previous quarter, the State Secretariat for Economic
Affairs (SECO) said on Thursday.

* Swiss retail sales data for Oct. is due at 0815 GMT

COMPANY STATEMENTS [CNR-CH]

* Zurich Financial Services (ZURN.VX: ) said its subsidiary
Zurich Insurance Company Ltd has completed the acquisition of
99.99% of Compagnie Libanaise D’Assurances SAL, as announced on
Oct. 11, 2010. [ZURN.VX]

* Pending court approval, Kuoni (KUNN.S: ) will buy specialist
Italian tour operator Best Tours for 700,000 euros. [KUNN.S]

* Meyer Burger (MBTN.S: ) said it had successfully completed
acquisition of the business of SGS Slicing Solutions, Inc. and
SGS Machine Tool [MBTN.S]

* SIX said it was investigating Altin (ALTN.S: ) for possible
breaches of bourse rules on ad hoc publicity [ALTN.S]

EQUITY RESEARCH [CH-RCH]

* DEUTSCHE BANK RAISES GALENICA AG (GALN.S: ) PRICE TARGET TO
SFR 640 FROM SFR 530; RATING BUY [GALN.S]

* RBS STARTS SYNTHES INC (SYST.VX: ) WITH BUY RATING [SYST.VX]

* GOLDMAN SACHS UPGRADES PETROPLUS (PPHN.VX: ) TO BUY FROM
NEUTRAL-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

Swiss stocks – Factors to watch on Dec 2