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NORDIC STOCKS - Factors to watch on Jan 8
January 8, 2013 / 7:16 AM / 5 years ago

NORDIC STOCKS - Factors to watch on Jan 8

HELSINKI, Jan 8 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:


Shares in the Finnish phone maker may be affected as rival Samsung Electronics forecast its October-December operating profit jumped to 8.8 trillion won, more than analysts expected.

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Tero Kivisaari, the head of Telia’s Eurasia and Mobile units, is one of two employees named in a preliminary investigation by Swedish prosecutors into allegations of bribery and money laundering related to a deal to buy a mobile license in Uzbekistan, daily Svenska Dagbladet wrote on Tuesday.

Telia declined to comment to Reuters. Kivisaari could not immeditately be reached for comment.

Telia has previously rejected allegations of wrongdoing by its staff and has denied the company was involved in corrupt practices.

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Finland’s flag carrier reported its December revenue passanger kilometres increased 10.6 percent from the same month a year earlier.

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Chinese-owned Volvo saw its car sales fall 6.1 percent in 2012, business daily Dagens Industri wrote on Tuesday. Of the company’s three key markets, sales fell in China and Sweden by around 11 percent each, but rose in the United States.

Total sales were 422,000 vehicles compared with around 450,000 the previous year.

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Additional reporting by Copenhagen, Oslo and Stockholm newsrooms

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