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Swiss stocks - Factors to watch on Jan. 25

ZURICH/BERLIN, Jan 25 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
    
    SWATCH  UHR.S 
    The watchmaker will ask shareholders to reduce the group's
equity capital by cancelling stock that the company has
repurchased, it said.  urn:newsml:reuters.com:*:nZ8N1XP006
    
    ROCHE  ROG.S  
    The drugmaker's U.S. unit Genentech named Alexander Hardy as
its CEO, to replace Bill Anderson, who was recently named the
head of the Swiss company's drugs division.  urn:newsml:reuters.com:*:nFWN1ZO0NH
    
    GIVAUDAN  GIVN.S  
    Q4 results due. Quarterly sales seen up 10.3 percent,
full-year net profit seen up 1 pct.  
    
    COMPANY STATEMENTS  E-CH 
    * Ascom Holding  ASCN.S  said Jeannine Pilloud Nominated As
New Chairperson Of The Board Of Directors  ASCN.S 
    * SFS  SFSN.S  reported full-year revenue growth of 6.5
percent, with operating income of 243 mln Sfr.  SFSN.S 
    * Compagnie Financiere Tradition  CFT.S  reported full-year
revenue growth of 9.5 percent at constant currencies.  CFT.S 
    
    ANALYSTS' VIEWS
    SWATCH  UHR.S  - Credit Suisse cuts to "neutral" from
"outperform", cuts price target to 340 Sfr vs 510 Sfr
    SGS  SGSN.S  - Credit Suisse cuts to "neutral" from
"outperform", cuts price target to 2,400 Sfr vs 2,700 Sfr
        
    ECONOMY  M-CH 
    No major economic data scheduled.

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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