SWISS DAYBOOK: Credit Suisse, Rieter, SPS, U-blox, Money Supply

Credit Suisse proposed Iris Bohnet and Jean-Daniel Gerber for election to the board of directors and will also ask shareholders to approve the creation of so-called conversion capital for issuance of contingent convertible bonds. The Swiss government holds a regular meeting in Bern.

WHAT TO WATCH (ALL TIMES CET): -- Swiss money supply M3 at 9am

EARNINGS: -- Rieter (RIEN) said 2011 profit rose to SF119m from SF82.9m, the company will propose a dividend of 6 francs per share -- SPS (SPSN SW) said 2011 net income rose 51% to SF355.1m -- U-blox (UBXN SW) said 2011 profit rose to SF16.5m from SF12.9m

ECONOMY/GOVERNMENT: -- Swiss government holds regular meeting

CENTRAL BANK: -- Swiss central bank publishes monthly bulletin at 9am

EQUITY PREVIEW: -- Transocean (RIGN) owner of the oil rig leased to BP Plc that exploded and spewed millions of gallons of oil into the Gulf of Mexico, won dismissal of investor claims that the company failed to disclose repeated safety failures -- Schindler (SCHP) to supply 25 elevators to tallest residential tower in India -- Cytos Biotechnology (CYTN) signed an agreement to raise up to SF37m francs in equity and debt -- CFT (CFT SW) said Pierre-Yves Bournet stepping down from board

MARKETS: -- The benchmark SMI fell 0.5% to 6,296.16 -- The SPI fell 0.5% to 5,774.11 -- The Stoxx Europe 600 Index fell 1.1% to 268.97 -- The MSCI Asia-Pacific Index declined 0.8% by 7:34am -- Euro-Franc traded at 1.20627 at 7:35am

To contact the reporter on this story: Elena Logutenkova in Zurich at elogutenkova@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.