November 15, 2013 / 6:56 AM / in 4 years

NORDIC STOCKS-Factors to watch on Friday

(Adds Talvivaara, updates Pandora, GN, H&M)

COPENHAGEN, Nov 15 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Friday:


The loss-making Finnish miner, hit by production problems and low nickel prices, said it will seek to restructure its debt and could apply for bankruptcy if that fails.

Talvivaara said it was asking shareholders for a 40 million euro debt restructuring as part of a court-supervised reorganisation process.


The Danish jewellery maker’s two main shareholders has sold 20 million of its existing shares, representing 15.4 percent of the share capital, to institutional investors for 4.9 billion crowns, 245 crowns per share.

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The Danish hearing aid and headset maker GN Store Nord upgraded its full-year guidance as it reported a jump in third-quarter profits in line with analysts’ expectations. For more on the company, double click


The truck maker is cutting back to two shifts from three at its chassis and paint plant in Umea in Sweden, Swedish TV reported late on Thusday. 300 contract workers will lose their jobs with a further 80 to be cut in February.

“This is an response to fluctuations in the market and we are adjusting our capacity accordingly,” the company said.

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The Swedish budget fashion retailer said on Friday its sales in stores open at least a year rose around 1 percent in October, in line with expectations.

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Finnair has cancelled dozens of flights on Friday with workers threatening a strike. The company is considering a conciliatory proposal.

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** For the latest news on Nordic stock price moves double click on (Reporting by Copenhagen newsroom)

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