Tuesday July 10, 2:46 PM
NORDIC STOCKS - Factors to watch on July 10
STOCKHOLM, July 10 (Reuters) - The following stocks may be
affected by newspaper reports and other factors on Tuesday:
ERICSSON
India's Bharti Airtel Ltd. is set to sign a
three-year $1.5 billion network outsourcing deal with Ericsson,
Indian newspaper the Economic Times reported, citing unnamed
sources. Ericsson will be entrusted with design, planning,
supply, installation, commissioning and upgrading of Bharti's
network in 15 telecom circles, the newspaper said.
The companies were not immediately available for comment.
For a full story double click on [nL10733564]
For more on the company double click on [ERICb.ST]
VOLVO
HSBC raised its rating on shares in the world's second
biggest truck maker to overweight from underweight.
For more on the company double click on [VOLVb.ST]
STATOIL
The International Energy Agency forecast in a report that
Norway's oil output, dominated by state-controlled Statoil,
would amount to 2.5 million barrels per day this year, less than
the 2.6 million barrels per day envisaged by Norwegian
authorities.
The IEA also said Norway's oil output would drop to 2.05
million barrels per day by 2012 -- roughly 25 percent less than
expected by Norway's oil directorate, according to daily Dagens
Naeringsliv.
For more on the company double click on [STL.OL]
SAS
The head of the Scandinavian airline is staking his job on
bringing an end to years of recurring strikes at the flagship
carrier, he told Swedish daily Svenska Dagbladet.
"I am taking on half the responsibility -- if we don't have
peace and stability in the company in this respect in two and a
half years it is as much my fault as the unions'," CEO Mats
Jansson was quoted as saying.
For more on the company double click on [SAS.ST]
ACTAVIS
Iceland's Novator, the investment vehicle of Actavis
chairman Bjorgolfur Thor Bjorgolfsson, said late on
Monday it was near its goal of 90 percent acceptance for a
sweetened Actavis bid and extended the offer to July 18.
For a full story double click on [nL09898318]
For more on the company double click on [ACT.IC ]
FINNAIR
The Finnish national carrier's total passenger traffic
increased sharply in June, boosted by continued strong growth in
demand for flights to Asia as well as within Europe.
For scheduled traffic, Finnair's revenue passenger
kilometres (RPKs) were up 26.5 percent in June and its scheduled
load factor was 75.4 percent, down 0.8 percentage points
year-on-year, due to increased capacity, it said.
For a full story double click on [nHEL005580]
For more on the company double click on [FIA1S.HE]
AKER YARDS
The Norwegian ship maker said it had purchased 1 million
own shares at 75.5048 crowns per share, up from Monday's closing
price of 73 crowns. Aker Yards shares have lost more than 30
percent since it issued a profit warming last Friday.
Following the transaction Aker Yards holds 5 million own
shares, representing 4.4 percent of its outstanding shares.
For more on the company double click on [AKY.OL]
SCORPION OFFSHORE
Norwegian offshore services group Scorpion Offshore has
agreed to construct a jackup drilling rig for Lamprell
Plc for a turnkey price of $168 million, excluding drillpipe and
handling tools. The deal includes options for four more rigs.
For more on the company double click on [SCORE.OL]
** For a summary of upcoming results and forecasts, double
click on [NORD/DIARY] [NORD/EQTY]
** For the western European company diary covering earnings,
shareholder meetings, news conferences and analysts' meetings,
click on [WEU/EUROPE] or type in the code and hit the f9 button.
** Double click on for Swedish indices, for Danish indices, for Finnish
indices and for Norwegian indices
** For real-time moves on Nordic blue-chip indices double
click on , , and
** For constituent stock moves highlight the above codes in
the command box and press the f3 button on your keyboard
** For Nordic top news items, double click on [TOP/NORD]
** For the latest news on Nordic stock price moves double
click on [HOT-NORD-RTRS]
(Additional reporting by Stockholm, Helsinki and Copenhagen
newsrooms)
|