Tuesday, May 1, 2012

Reuters: Financial Services and Real Estate: Swiss stocks - Factors to watch on May 2

Reuters: Financial Services and Real Estate
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Swiss stocks - Factors to watch on May 2
May 2nd 2012, 04:38

ZURICH | Wed May 2, 2012 12:38am EDT

ZURICH May 2 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Wednesday.

* UBS is due to report first-quarter results at 0445 GMT.

* Swisscom is due to report first-quarter results at 0530 GMT.

* SIX Swiss Exchange concluded the sale of its share of the Eurex joint venture to Deutsche Boerse AG with effect from 1 January 2012.

* Kudelski said Joe Chernesky will lead the worldwide Intellectual Property Business Unit and related activities for the company as Senior Vice President of Intellectual Property.

* Swiss March retail sales due at 0715 GMT.

* Swiss April PMI due at 0730 GMT.

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