UPDATE 1-NORDIC STOCKS - Factors to watch on Nov 11
(Adds SSAB, SAS, Wavefield Inseis, updates Cramo, Trygvesta)
HELSINKI, Nov 11 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:
SCANDINAVIAN AIRLINES (SAS.ST)(SAS.CO)(SASNOK.OL)
Deutsche Lufthansa AG (LHAG.DE) has temporarily broken off talks to buy the airline, due to losses at SAS unit Spanair, Germany's Suedeutsche Zeitung newspaper reported, citing sources. Lufthansa was not immediately available for comment.
Sources said earlier this year that Lufthansa (LHAG.DE) was in talks to buy SAS.
For more on the company, double click on [SAS.ST] [SAS.CO] [SASNOL.OL]
SSAB (SSABb.ST)
The Swedish specialty steel maker said late on Monday it had cut output at a top strip product site in Sweden as customers appeared to be running down inventories before making new orders. A company spokeswoman said the firm was also considering other cuts as it grapples with a downturn in demand.
For more on the company, double click on [SSABb.ST]
CRAMO (CRA1V.HE)
The Finnish machinery rental firm reported an 8-percent year-on-year rise in third-quarter operating profit to 32.3 million euros ($41.65 million), broadly matching expectations, and repeated its 2008 outlook for sales and EBITA margin, although it noted risk levels were now higher.
For more on the company, double click on [CRA1V.HE]
TRYGVESTA (TRYG.CO)
The Danish insurer posted lower-than-expected third-quarter pretax profit on higher claim expenses and lower investment income and cut its full-year 2008 forecast in half.
Pretax profits were 198 million Danish crowns ($34.3 million), below the 480 million expected in a Reuters poll. Trygvesta cut its 2008 pretax profit forecast to 1.1 billion crowns from 2.3 billion.
For more on the company, double click on [TRYG.CO]
SPONDA (SDA1V.HE)
The Finnish property firm holds a capital markets day in Helsinki.
For more on the company, double click on [SDA1V.HE]
TDC (TDC.CO)
Denmark's leading telecoms operator said it hired Henrik Poulsen as its new chief executive officer, replacing Jens Alder.
Nordic Telephone Company owns nearly 90 percent of TDC.
For more on the company, double click on [TDC.CO]
WAVEFIELD INSEIS WAVE.OL(GEPH.PA)
French geophysical survey group CGG Veritas' bid for the Norwegian seismic survey firm is not attractive enough for the group's owners, business dailies Finansavisen and Dagens Naeringsliv said, quoting analysts.
For more on the companies, double click on [WAVE.OL][GEPH.PA]
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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) (Helsinki Newsroom; +358-9-6805-0244) ($1=5.774 Danish Crown)
