UPDATE 1-NORDIC STOCKS - Factors to watch on June 27

Thu Jun 27, 2013 2:12am EDT

(Adds Telenor, Millicom)

HELSINKI, June 27 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday:

TELENOR, MILLICOM

The Norwegian telecoms operator is one of eleven short-listed contenders for two new telecoms licenses in Myanmar, which is expected to announce the license winners on Thursday despite a vote in parliament to delay the process.

For more on the companies, click on, or

SUBSEA 7

The Oslo-listed offshore engineering group cut its 2013 profit estimate due to increased costs for its Brazilian offshore GuarĂ¡-Lula project which is struggling with delays.

Subsea 7, which has already warned of delays at major projects in Brazil, no longer expects full year adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to show progress compared to 2012 as a result.

The estimated full-life project costs at GuarĂ¡-Lula are now expected to be between $250 million and $300 million higher than earlier estimates, and the negative impact of the company's net result will be in that range, Subsea 7 said.

For more on the company, 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) (Reporting by Helsinki Newsroom)

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