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UPDATE 1-NORDIC STOCKS - Factors to watch on June 17
June 17, 2013 / 6:21 AM / 4 years ago

UPDATE 1-NORDIC STOCKS - Factors to watch on June 17

(Adds Novo Nordisk)

HELSINKI, June 17 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:


The Nordic telecom operator TeliaSonera said on Sunday it had picked Johan Dennelind, the current chief executive of South Africa’s Vodacom International, as its new CEO.

The confirmation of the appointment came hours after Reuters reported Dennelind, who was not among those most widely tipped as new CEO, had got the job, citing a source with knowledge of the recruitment process.

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The shareholders of the Finnish construction company will meet to decide whether to approve the proposed spin-off of the group’s building services business.

The meeting is due to start at 0700 GMT.

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Sweden’s AB Volvo, the world’s second biggest truck maker, is due to unveil its truck deliveries tally for the month of May at 0630 GMT.

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Nordea’s CEO Christian Clausen told a newspaper that the bank considered dividends the best way to return capital to shareholders.

“But if we feel that the (Nordea) stock is not priced correctly or is under pressure from larger players selling off we might decide to buy it,” he was quoted as saying in business daily Dagens Industri.

The dividend view was also stressed by Nordea chairman Bjorn Wahlroos in an interview with Reuters last week.

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An American, a Danish and a British expert have joint forces in a letter to the European drug authority EMA, calling for the insulin producer’s new diabetes drug Tresiba to be taken off the EU market, daily Berlingske Tidende said.

The experts believe the drug should not be available in the EU after U.S. authorities refused to approve the drug due to potential cardiovascular risks, Berlingske said.

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