UPDATE 1-NORDIC STOCKS - Factors to watch on Feb 27
HELSINKI, Feb 27 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Friday:
SCHIBSTED (SBST.OL)
The Norwegian media group posted deeper-than-forecast losses for the fourth quarter and said Scandinavian print classified advertising markets remained weak though the trend in online ads was better. [ID:nLR169521]
Losses before interest, tax and amortisation were 100 million crowns ($14.6 million) in the three months to end-December, against a profit of 247 million a year earlier.
For more on the company, double click on [SBST.OL]
ERICSSON (ERICb.ST), NOKIA (NOK1V.HE)
Ericsson expanded its lead in the ailing mobile network gear market in the October-December period as its closest rivals lost share to fast growing Chinese firms, researcher dell'Oro said. [ID:nLQ65026]
Ericsson kept its 32 percent share of the market in October-December, while the share of its closest rival Nokia Siemens Networks fell to 23 percent from 27 percent a year ago, dell'Oro said.
For more on the companies, double click on [ERICb.ST] [NOK1V.HE]
GM, SAAB (GM.N)
The Swedish government has found a possible buyer for loss-making GM unit Saab, daily Dagens Industri said quoting an unnamed source. The newspaper said Saab had already been contacted by 8 serious candidates to replace GM as owner, one of which is Swedish.
The source said the government was willing to discuss conditions for guaranteeing a loan with the European Investment Bank with parties interested in buying Saab.
DI said that GM was prepared to write off 7.8 billion Swedish crowns ($870 million) Saab owes it and provide a further 3.5 billion to keep the firm going if Saab can get other loan guarantees.
For more on the company, double click on [GM.N] Continued...


