UPDATE 1-NORDIC STOCKS-Factors to watch on May 1

Thu May 1, 2014 2:46am EDT

(Updates with earnings)

COPENHAGEN May 1 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday:

NOVO NORDISK

The world's biggest insulin maker lowered its 2014 sales guidance, but reported higher-than-expected first-quarter earnings and kept its outlook for full-year operating profit growth unchanged.

After a "challenging start to the year", sales measured in local currencies are now seen growing by 7-10 percent in 2014, while the previous target was 8-11 percent.

Earnings before interest and tax (EBIT) rose to 8.03 billion Danish crowns ($1.49 billion) in the first quarter from 7.56 billion crowns a year ago, slightly above a forecast for 7.87 billion Danish crowns in a Reuters poll.

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DANSKE BANK

Denmark's largest lender reported first-quarter pretax profit above forecast and raised its full-year profit guidance thanks to cost cuts and lower writedowns on loans.

The bank's pretax profit rose by 64 percent to 3.63 billion Danish crowns ($674.3 million), beating a forecast of 3.5 billion crowns.

The group now expects 2014 net profit to be at the higher end of a previously communicated range of 9-12 billion crowns.

For more on the company, click on

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(Reporting by Copenhagen, Helsinki, Oslo and Stockholm newsrooms) ($1 = 6.0033 Norwegian Kroner) ($1 = 5.3809 Danish Crowns) ($1 = 6.5625 Swedish Crowns)

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