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

Published 2015-11-16, 02:59 a/m
© Reuters.  UPDATE 2-NORDIC STOCKS - Factors to watch on Nov 16
CSCO
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ERICb
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HBR
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ERICAs
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MEDAAs
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OMXS30
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OMXC20
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OMXH25
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AKRBP
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OBX
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(Adds Det norske)
The following stocks may be affected by newspaper reports and
other factors on Monday:

DET NORSKE OLJESELSKAP DETNOR.OL
The Norwegian oil firm is to buy Premier Oil 's PMO.L
Norwegian business in a $120 million cash deal, it said on
Monday.
For more on the company, click on DETNOR.OL

MEDA MEDAa.ST
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 MEDAa.ST

ERICSSON ERICb.ST , CISCO CSCO.O
The two companies have not discussed a merger or an
acquisition by Cisco of Ericsson (ST:ERICAs), 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. ID:nL8N1341ZO
"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 ERIC.O 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 ERICb.ST


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** For the western European company diary covering earnings,
shareholder meetings, news conferences and analysts' meetings,
click on WEU/EQUITY or type in the code and hit the f9 button.
** Double click on 0#.INDEX.ST for Swedish indices,
0#.INDEX.CO for Danish indices, 0#.INDEX.HE for Finnish
indices and 0#.INDEX.OL for Norwegian indices
** For real-time moves on Nordic blue-chip indices double
click on .OMXS30 , .OMXH25 , .OMXC20 and .OBX
** 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 TOP/NORD
** For the latest news on Nordic stock price moves double
click on HOT-NORD-RTRS

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