Swiss stocks – Factors to watch on May 14

ZURICH, May 14 – Swiss stocks are set to open little changed
on Friday though the euro zone debt crisis continued to weigh on
bourses globally.

The Swiss blue-chip index SMI(.SSMI: ) was indicated to tick
up 2 points at the open to 6,575 points, premarket data provided
by bank Clariden Leu showed.(CLPRE: )

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

BANKS

U.S. prosecutors are conducting a broad criminal
investigation of six major Wall Street banks, including UBS, to
determine if they misled investors, a person familiar with the
matter said on Thursday.

A separate investigation into misleading of rating agencies
also includes Credit Suisse.

For the full story, click: [ID:nLDE64C0N0]

ECONOMY [M-CH]

* The Swiss National Bank reports a consolidated profit of
1.5 billion Swiss francs for the first quarter of 2010.

The result was mainly influenced by the further increase in
the price of gold, the loss on foreign currency (Read more about trading foreign currency. positions and
the profit achieved by the stabilisation fund.

In the first quarter of 2010, the stabilisation fund
benefited from an improved market environment. It ended the
quarter with a profit of $1.326 billion.

For the full release, click: www.snb.ch/

COMPANY STATEMENTS [CNR-CH]

* Zurich Financial Services (ZURN.VX: ) streamlines management
structure and announces senior management appointments [ZURN.VX]

* Francesco La Gioia future CEO of Helvetia (HELN.S: ) in
Italy [HELN.S]

* Schweiter Technologies AG (SWTQ.S: ) shareholders approved
all proposals put forward by the Board of Directors at AGM
[SWTQ.S]

* Gurit (GUR.S: ) Disclosure of Equity Participations
BlackRock [GUR.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

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Swiss stocks – Factors to watch on May 14