November 20, 2012 / 7:06 AM / 5 years ago

NORDIC STOCKS - Factors to watch on Nov 20

HELSINKI, Nov 20 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:


The Scandinavian airline’s survival deal with unions is within limits set by banks for approving their share of a planned 3.5 billion Swedish crown ($520 million) credit facility to the company, business daily Dagens Industri reported on Tuesday, citing sources.

Sweden said late on Monday Sweden, Denmark and Norway, which own half of SAS, would take part in the credit facility, which is also backed by a foundation that is another core shareholder.

Sweden’s Financial Markets Minister Peter Norman said chances of finding a buyer for SAS grew with Monday’s deal.

Separately, business daily Borsen said the airline will need to trim costs futher although Monday’s deal included cutting overall staffing about 40 percent to 9,000.

For more on the company, double-click on


The Swedish engineering firm which makes products for industries as diverse as nuclear energy, food and pharmaceuticals hosts a day of presentations for analysts and investors.

For more on the company, double-click on


The Swedish telecoms firm and Russia’s Rostelecom are discussing a merger of their Russian mobile assets into an entity that would hand control to Tele2, Russian business daily Vedomosti reported on Tuesday.

For more on the company, double-click on


The Swedish truckmaker’s construction equipment unit VCE has given notice to 350 staff in Sweden because of falling demand this autumn.

“We have earlier laid off contractors and temporary employees and now we, unfortunately, need to reduce the permanent staff,” VCE spokesman Magnus Baarnhielm said late on on Monday.

For more on the company, double-click on


Authorities may announce whether Talvivaara can restart its nickel plant which has been offline since a waste water leakage was found on Nov. 4.

For more, click on

($1 = 6.7323 Swedish crowns)

** For a summary of upcoming results and forecasts, double click on

** For the western European company diary covering earnings, shareholder meetings, news conferences and analysts’ meetings, click on or type in the code and hit the f9 button.

** Double click on for Swedish indices, for Danish indices, for Finnish indices and for Norwegian indices

** For real-time moves on Nordic blue-chip indices double click on,, and

** 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

** For the latest news on Nordic stock price moves double click on

Additional reporting by Copenhagen, Oslo and Stockholm newsrooms

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below