Adecco, Publigroupe, Swiss Re, UBS: Swiss Equity Preview

The following is a list of companies whose shares may have unusual price changes in Zurich. Stock symbols are in parentheses after company names. Share prices are from the last close.

The Swiss Market Index (SMI) of the biggest and most actively traded companies gained 0.9 percent to 6,073.42 in Zurich. The broader Swiss Performance Index also added 0.9 percent, to 5,513.89.

Adecco SA (ADEN) : The world’s largest supplier of temporary workers remains “fully committed” to reaching its earnings before interest, taxes and amortization margin target “in the mid-term,” Chief Executive Patrick De Maeseneire said in an interview in the company’s annual report. The shares advanced 1.9 percent to 57.95 francs.

Orascom Development Holding AG (ODHN) : Egypt’s largest publicly traded resorts builder proposed Nicholas Cournoyer to its board of directors. The shares gained 0.9 percent to 39.90 francs.

Publigroupe SA (PUBN SW): Switzerland’s largest advertising company said net profit was 42.6 million francs for 2010. The company made a loss in 2009. Publigroupe’s stock surged 7.3 percent to 108 francs.

Schmolz + Bickenbach AG (STLN SW): The steel manufacturer said 2010 net income was 38.6 million euros ($54.3 million). The shares increased 3.3 percent to 8.78 francs.

Swiss Reinsurance Co. (RUKN VX): The world’s second-biggest reinsurer was raised to “equal-weight” from “underweight” at Barclays Capital. The shares rallied 2.4 percent to 49.14 francs.

UBS AG (UBSN) : Switzerland’s biggest bank bought 7.45 million shares, a 15.3 percent stake, in Air Canada. (AC/A) The bank’s shares added 0.2 percent to 16.48 francs.

To contact the reporter on this story: Giles Broom in Zurich at

To contact the editor responsible for this story: David Merritt at

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