NORDIC STOCKS - Factors to watch on Jan 15

STOCKHOLM Jan 15 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:

NOKIA (NOK1V.HE)

Korean rival to Nokia, Samsung Electronics (005930.KS), said on Tuesday it sold 46.3 million cellphones last quarter, up 9 percent from July-September, against a forecast of 48-49 million. But Samsung topped earnings forecasts as it posted a smaller-than-expected dip in its quarterly profit, as strong sales of TV screens eclipsed falling chip prices.

Samsung overtook Motorola Inc. MOT.N for the number two position in the handset market last year.

Nokia, the world's largest cellphone maker, is estimated to have sold 130.7 million handsets last quarter.

For more on the company, double click on [NOK1V.HE]

NOVO NORDISK (NOVOb.CO)

The world's largest maker of insulin said on Monday it was halting development of its AERx inhaled insulin product and will take a hit of 1.3 billion Danish crowns ($259.6 million) to 2007 operating profit. It will lay off most of the roughly 300 employees working on the product.

Novo said it decided the product, meant to deliver inhaled droplets of liquid insulin, did not have adequate commercial potential given the recent failure to attract patients of Pfizer Inc's (PFE.N) inhaled insulin drug, Exubera.

For more on the company, double click [NOVOb.CO]

CARLSBERG (CARLb.CO)

U.S. brewer Anheuser-Busch Cos Inc (BUD.N) has declined to say whether it plans to bid for a minority stake in Baltic Beverages Holdings (BBH), a brewer jointly owned by Britain's Scottish and Newcastle PLC SCTN.L and the Danish brewer.

For more on the company, double click [CARLb.CO]

FINNAIR (FIA1S.HE)

The head of the airline, Jukka Hienonen, told daily Helsingin Sanomat that the inclusion of airlines in the European Union's emission trading scheme would in the current form mean costs of 150 million euros for Finnair. That could mean a 10 percent rise in the airline's ticket prices.

For more on the company, double click on [FIA1S.HE]

YARA (YAR.OL)

Norwegian fertiliser group Yara is eyeing eastern Europe because of its unexploited resources, daily Dagens Naeringsliv reported. Analysts expect increased demand and high prices for food to continue for many years.

For more on the company, double click on [YAR.OL]

SWEDISH MATCH (SWMA.ST)

The tobacco and wet snuff firm saw its share price perform strongly in 2007, but there are clouds on the horizon, write both dailies Dagens Industri and Svenska Dagbladet. Taxes on wet snuff in Sweden were raised at the turn of the year and it is unclear how this will affect sales. The Nordic snuff market is key for Swedish Match. The firm's cigar operations, where the firm has been investing recently, have low profitabilty, writes Dagens Industri.

Takeover rumours have helped boost Swedish Match's shares, but the high valuation may put off an interested buyer, writes Svenska Dagbladet.

For more on the company, double click on [SWMA.ST]

SCANIA (SCVb.ST)

The Swedish truck firm cannot grow any faster, daily Dagens Nyheter quoted its development chief Hasse Johansson as saying.

One problem is a shortage of engineers.

Brazil is currently the company's most important market, but will be surpassed soon by Russia, where Scania deliever 3,500 trucks in the first nine months.

For more on the company, double click on [SCVb.ST]

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(Additional reporting by Stockholm, Helsinki and Copenhagen newsrooms)