UPDATE 1-NORDIC STOCKS - Factors to watch on Aug 12
(Updates SAS, Sampo; adds Genmab)
HELSINKI, Aug 12 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Wednesday:
ERICSSON (ERICb.ST)
The Swedish telecom networks maker's chief executive said late on Tuesday he does not see wireless operators cutting capital spending any further but added that signs of an economic recovery remain elusive.
"The whole world is suffering from decline that is bigger than anything we've seen," said Carl-Henric Svanberg in an interview at the company's new Silicon Valley office.
For more on the company, double-click on [ERICb.ST]
NOKIA (NOK1V.HE), SONY ERICSSON
Research firm Gartner said on Wednesday cellphone sales to consumers fell 6 pct year-on-year in the second quarter and it sees competition on handset market intensifying in the second half of this year.
For more on the company, double-click on [NOK1V.HE] [ERICb.ST]
SAS (SAS.ST) The Scandinavian airline posted a smaller pretax loss than expected for the second quarter and said it was launching a new programme to save another 2 billion Swedish crowns ($275.9 million).
For more on the company, double click on [SAS.ST]
SAMPO (SAMAS.HE) The Finnish insurer reported a pretax profit of 264 million euros ($374 million) in the second quarter versus the 289 million euros average in a Reuters poll.
For more on the company, double click on [SAMAS.HE] Continued...

