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ABB - Abb News Story

$32.57 -0.8  -2.4%

Last Trade - 9:10pm

Large Cap
Market Cap £47.50bn
Enterprise Value £48.76bn
Revenue £18.97bn
Position in Universe 189th / 6853

UPDATE 2-NORDIC STOCKS - Factors to watch on April 11

Thu 11th April, 2013 7:25am

(Adds Chr. Hansen, Aker Solutions, updates Autoliv)

HELSINKI, April 11 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday:


The Danish food ingredient maker reported a small drop in first half operating profit to 80 million euros ($104.68 million) from a year earlier as it took an 8 million euro non-cash charge over a failed probiotics study.

For the full-year, the firm continues to expect organic growth of 7-9 percent and an operating margin above last year's 26.5 percent.

For more on the company, click on CHR.CO


The Norwegian engineering firm said it has won a contract worth over 30 million pounds ($45.98 million) from Premier Oil


For more on the company, click on AKSO.OL


The Swiss-Swedish engineering group is actively looking for acquisitions though it has set no specific target for purchases, its Chief Financial Officer Eric Elzvik told Swedish business daily Dagens Industri.

"With our strong financial position and good cash flows we have room in the period up until 2015 to spend a number of billions of dollars on acquisitions if we find good objects on the right terms," he was quoted as saying.

For more on the company, click on ABBN.VX


The telecom operator's sale of its Russian business to state-controlled bank VTB VTBR.MM was preceded by a meeting between Russian President Vladimir Putin and Christina Stenbeck, main owner of the operator, Dagens Industri reported without disclosing its sources.

For more on the company, click on TEL2b.ST


Autoliv's Japanese rival Takata Corp 7312.T said it had supplied the problematic airbags that caused Toyota 7203.T , Honda 7267.T , Mazda 7261.T and Nissan 7201.T to recall 3.4 million vehicles worldwide. ID:nL3N0CY82K

An Autoliv spokesman said his company was not involved in the deliveries that had triggered the recall.

For more on the companies, click on ALIVsdb.ST , 7203.T ,

7312.T , 7267.T , 7261.T , or 7201.T

** For a summary of upcoming results and forecasts, double click on NORD/EQTY

** 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

(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) ($1 = 0.7642 euros) ($1 = 0.6525 British pounds)

(Reporting by Helsinki Newsroom)

(( 9 6805 0244))


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