UPDATE 1-NORDIC STOCKS - Factors to watch on Oct 15

Mon Oct 15, 2012 2:46am EDT

(Adds Cargotec, Talvivaara, PGS, Det norske oljeselskap, updates H&M)

Helsinki Oct 15 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:

CARGOTEC

Finnish cargo handling equipment maker cut its full-year core operating profit margin outlook to about 5 percent from the earlier guidance of 6 percent.

For more on the company, click on

TALVIVAARA

Finnish miner warned it might not reach its full-year 2012 production target of around 17,000 tonnes of nickel because heavy rains have diluted metal grades in its leach solution.

For more on the company, click on

NORSK HYDRO, ORKLA

Norway's Norsk Hydro and Orkla will merge their extruded aluminium businesses into a 50/50 joint venture to cut cost and gain scale amid the industry's global downturn, the two firms said on Monday.

For more on the companies, click on

DET NORSKE OLJESELSKAP ASA

Norwegian oil firm Det norske has drilled a dry well in the Geite prospect in the North Sea, near the Ula field, it said on Monday.

Det norske is the operator in production license 497 with a 35 percent ownership interest. Its partners include Dana Petroleum Norway AS (25%), Bridge Energy Norge AS (15%), Agora Oil and Gas AS (15%) and Lotos Exploration (10%).

For more on the company, click on

PGS

Seismic surveyor PGS exercised an option to order two Ramform Titan-class vessels from Mitsubishi Heavy Industries Ltd to increase its fleet of Ramform icons to 11.

For more on the company, click on

H&M

The Swedish budget fashion retailer saw sales in stores open a year or more grow 6 percent in September. Total sales were up 15 percent in the month.

For more on the company, click

** 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)