May 14, 2013 / 5:46 AM / in 4 years

NORDIC STOCKS - Factors to watch on May 14

3 Min Read

HELSINKI, May 14 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:


The Danish jewellery maker is expected to report a 16 percent increase in first-quarter core earnings (EBITDA), a Reuters survey showed, as the company's turn around strategy has started to bear fruit.

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Upm-Kymmene, Neste Oil

Forestry group UPM-Kymmene has filed a court request to invalidate Neste Oil's biodiesel patent, claiming it does not differ from previous innovations, business daily Kauppalehti reported.

UPM-Kymmene plans to begin production of biodiesel from forestry residue at its plant in Lappeenranta. It said it wants to secure its biofuel production, although production technology it uses differs from Neste Oil's technology.

Neste Oil told Kauppalehti the patent dispute does not impact its production and added it is planning file a counter suit against UPM.

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The world's biggest airbag and seatbelt maker holds presentations for investors, analysts and media at its facility in Vargarda, in western Sweden. The presentations are scheduled to begin at around 0700 GMT.

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A strong first-quarter report fuelled a rise in the measurement technology group's stock to new record levels on Monday and the valuation is demanding, Swedish business daily Dagens Industri reported.

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Additional reporting by Copenhagen, Oslo and Stockholm newsrooms Reporting by Helsinki Newsroom

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