Thursday, March 29, 2012

Reuters: Financial Services and Real Estate: Swiss stocks - Factors to watch on March 30

Reuters: Financial Services and Real Estate
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Swiss stocks - Factors to watch on March 30
Mar 30th 2012, 04:43

ZURICH, March 30 | Fri Mar 30, 2012 1:14am EDT

ZURICH, March 30 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Friday:

TRANSOCEAN

Oil driller Transocean has committed "serious violations" of maintenance and safety rules in Norwegian waters, regulatory officials said on Thursday, two years after a Transocean rig blew up in the Gulf of Mexico.

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BANKS

A state premier from Germany's main opposition party, the Social Democrats (SPD), signaled on Thursday a revised deal with Switzerland on how to tax secret offshore accounts could soon be finalised.

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COMPANY STATEMENTS

* Orascom said group turnover halved in 2011 to 256.1 million Swiss francs, hit by political uprisings in the Middle East and North Africa region and extraordinary transactions.

* Cicor said it had recently secured large orders.

* Zurich Financial Services' Ordinary General Meeting approved a dividend of 17 Swiss francs the election of Josef Ackermann as new Chairman.

* Perfect Holding AG posted a net operating profit of 0.5 million Swiss francs in 2011.

* Crealogix said sales fell 10 percent in the first half of 2011/2012 to 25.3 million Swiss francs.

* Dottikon ES Holding AG has founded the U.S. corporation DOTTIKON ES AMERICA, Inc. by April 1, 2012, to meet the increasing requirements of business development in the USA.

ECONOMY

* The leading KOF economic barometer is due at 0700 GMT (0900 local time)

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

for all Swiss stocks

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