November 16, 2015 / 7:59 AM / 3 years ago

UPDATE 2-NORDIC STOCKS - Factors to watch on Nov 16

(Adds Det norske) The following stocks may be affected by newspaper reports and other factors on Monday:


The Norwegian oil firm is to buy Premier Oil’s Norwegian business in a $120 million cash deal, it said on Monday.

For more on the company, click on


The Swedish drug maker said a license agreement with Canada’s Valeant was of minor importance to Meda overall and that less than 20 percent of licensed products have been distributed by Philidor after confirming to Reuters on Friday that the specialty pharmacy had been distributing the products.

Philidor is a specialty pharmacy used by Valeant and which will cease operations by the end of January.

For more on the company, click on


The two companies have not discussed a merger or an acquisition by Cisco of Ericsson, the Swedish mobile network equipment maker said on Monday.

Earlier this month the two agreed a business and technology partnership aimed at generating $1 billion in extra revenues for each company by 2018.

“The talks leading up to the partnership announcement have been ongoing for a year and there have not been any discussions whatsoever on a merger or an acquisition,” Ericsson CEO Hans Vestberg said in a statement.

Ericsson’s U.S. depository receipts surged on Friday after Swedish business daily Dagens Industri said Cisco was looking to buy Ericsson.

The ADRs fell back again after Cisco denied the report.

For more on the company double click on

** 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

Reporting by Copenhagen, Oslo, Helsinki and Stockholm newsrooms; Editing by Simon Johnson

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