December 10, 2012 / 7:41 AM / in 5 years

UPDATE 1-NORDIC STOCKS - Factors to watch on Dec 10

(Updates Ericsson)

HELSINKI, Dec 10 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:


French-Italian group STMicroelectronics said it planned to exit the loss-making mobile chip joint-venture ST-Ericsson by the end of the third quarter of 2013.

Ericsson said that it would work with its partner to find a “suitable strategic solution” for the joint venture.

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The Norwegian oil and gas firm is in talks with Argentine’s YPF to form a partnership to develop YPF’s shale reserves, the Financial Times reported on Sunday.

YPF said it needs to invest over $30 billion in the next five years, $4.5 billion of which is to come from strategic partners, to help pay to develop Argentina’s huge shale oil and gas resources.

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Additional reporting by Copenhagen, Oslo and Stockholm newsrooms

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