November 12, 2013 / 7:22 AM / in 4 years

UPDATE 1-NORDIC STOCKS-Factors to watch on Nov 12

(Adds Norsk Hydro)

OSLO, Nov 12 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:


Brazilian miner Vale has sold 90 percent of its shares, or 407 million shares, in Norwegian aluminium producer Norsk Hydro at a price of 25 crowns ($4.08) per share, resulting in proceeds of $1.66 billion, it said on Tuesday.

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The Danish jewellery maker’s third-quarter earnings report is due at around 0700 GMT. The company raised its full-year sales and margin outlook on October 31 after strong sales of new products in the third quarter.

For more on the company, click on

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