UPDATE 2-NORDIC STOCKS - Factors to watch on Jan 12

Related Topics

Thu Jan 12, 2012 2:53am EST

(Updates with news from Vestas, Nokia CEO comments)

HELSINKI Jan 12 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday:

VESTAS

The Danish wind turbine maker says it will cut roughly 10 percent of its workforce in a bid to restore profitability, but its CEO would keep his job.

For more on the company, double click on.

ERICSSON A.P. MOLLER-MAERSK

The Swedish telecom equipment maker said late on Wednesday it had signed an agreement with A.P. Moller-Maersk to deploy mobile and satellite communication to the Danish oil and shipping group's entire vessel fleet.

Under the deal, Ericsson will over the next two years install antennas and GSM base stations on 400 out of Maersk's container vessels and provide seven years of support.

Until now, Maersk's container ships have been equipped with satellite connectivity.

Separately, Ericsson said on Thursday it had finalised the acquisition of U.S. group Telcordia. The deal was announced in June 2011.

For more on the company, double-click on

AUTOLIV

The Swedish car safety equipment maker may reach sales of around 1 billion Swedish crowns in Russia in a few years, business daily Dagens Industri cites Autoliv official Gustaf Celsing as saying.

Autoliv is investing half a billion crowns in two new factories in Russia, Dagens Industri said.

For more on the company, double-click on

NOKIA

Asked by Der Standard about rumours Microsoft could buy Nokia or its smartphone business, Nokia's Chief Executive Stephen Elop says "this rumour is baseless."

For more on the company, double-click on

** For a summary of upcoming results and forecasts, double click on

** For the western European company diary covering earnings, shareholder meetings, news conferences and analysts' meetings, click on 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

** For the latest news on Nordic stock price moves double click on

(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) ($1 = 0.7882 euros)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.