UPDATE 1-NORDIC STOCKS - Factors to watch on July 23

Tue Jul 23, 2013 1:32am EDT

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(Adds Nokia)

HELSINKI, July 23 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:

NOKIA

The Finnish mobile phone company says it is due to make an announcement at 0800 GMT. It gives no details but promises "something big".

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TELENOR

Norwegian telecoms group Telenor reported second quarter earnings slightly ahead of expectations, maintained its full-year guidance and launched a new share buyback programme.

Telenor's second-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 9.8 percent to 8.86 billion Norwegian crowns ($1.50 billion), coming slightly ahead of analysts' expectation for 8.77 billion crowns.

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KEMIRA

The Finnish chemicals group Kemira is expected to report a 25 percent rise in underlying operating profit, helped by cost cuts.

Analysts on average forecast 45 million euros ($59.37 million)in adjusted earnings before interest and taxes, up from 36 million a year earlier.

Kemira results are due at around 1130 GMT.

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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) ($1 = 0.7580 euros) ($1 = 5.9264 Norwegian krones) (Reporting by Helsinki Newsroom)

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