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NORDIC STOCKS - Factors to watch on July 10

Fri Jul 10, 2009 1:27am EDT

Stocks

   

HELSINKI, July 10 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Friday:

ERICSSON (ERICb.ST)

Sprint Nextel Corp (S.N) said late on Thursday it would pay Ericsson $4.5 billion to $5 billion to manage its network under a 7-year deal in which 6,000 Sprint workers will move to Ericsson. The job transfers to Ericsson Services Inc are expected to occur late this quarter, the companies said.

For a full story on Sprint deal, double click on [ID:nN09472369]

Separately, Sony Corp (6758.T) Chief Executive Howard Stringer said the Japanese group had no plans to buy out Ericsson's stake in their loss-making mobile joint venture Sony Ericsson. Analysts have said Ericsson might seek to abandon the venture and life in the hands of Sony.

For a full story on Sony comments, double click [ID:nN09475364]

For more on the company, double click on [ERICb.ST]

** For a summary of upcoming results and forecasts, double click on [NORD/EQTY]

** For the western European company diary covering earnings, shareholder meetings, news conferences and analysts' meetings, click on [WEU/EQUITY] or type in the code and hit the f9 button.

** Double click on <0#.INDEX.ST> for Swedish indices, <0#.INDEX.CO> for Danish indices, <0#.INDEX.HE> for Finnish indices and <0#.INDEX.OL> for Norwegian indices

** For real-time moves on Nordic blue-chip indices double click on .OMXS30, .OMXH25, and .OBX

** 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 [TOP/NORD]

** For the latest news on Nordic stock price moves double click on [HOT-NORD-RTRS]

(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) (Helsinki Newsroom; +358-9-6805-0244)



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