Swedish stocks: Seen opening lower, AB Volvo warns some truck engines could exceed emission limits

Ambea publ AB

16/10/2018 07:49

** Swedish shares seen opening lower on Tuesday in line with European
markets
    ** Asian stocks rose modestly on Tuesday, gaining a firmer footing after a
week of heavy losses, although cooling factory-gate inflation in China and
increasing tensions between Saudi Arabia and the West have capped gains
    ** AB Volvo  VOLVb.ST  says an emissions control component used in its
trucks is degrading more quickly than expected and could cause engines to exceed
emission limits for nitrogen oxides. The cost to redeem the issue could be
material  urn:newsml:reuters.com:*:nFWN1WW00U
    ** NCC  NCCb.ST  says sees 200 mln SEK in additional restructuring costs
until end of 2019, Q3 operating loss estimated at around SEK 1.1
billion urn:newsml:reuters.com:*:nASP0001BF
    ** Ambea  AMBEA.ST  is buying rival Aleris'  INVEb.ST  care operations -
primarily nursing homes and assisted living - in Sweden, Denmark and Norway for
an estimated 3 bln SEK ($334.9 mln)  urn:newsml:reuters.com:*:nL8N1WW12L
    ** DNB Markets cuts its recommendation on Skanska  SKAb.ST  to sell from
hold, according to news agency Direkt
    ** Deutsche Bank cuts its recommendation on Atlas Copco  ATCOa.ST  to sell
from hold and on Epiroc  EPIRa.ST  to sell from hold, according to Direkt which
refers to Bloomberg
    ** Morgan Stanley resumes coverage of Telia  TELIA.ST  with equal-weight
rating, price target of SEK 44
    ** Barclays cuts target prices on SKF  SKFb.ST  to SEK 145 from SEK 155,
Sandvik  SAND.ST  to SEK 140 from SEK 145, and on Atlas Copco to SEK 270 from
SEK 290 
    ** Ramsay Generale De Sante gets competition clearance for offer to Capio
 CAPIO.ST  shareholders
        
 IG pre-market trading Stockholm OMXS30                     -0.2 pct
 Stoxx Europe 50 future                   STXEc1            -0.1 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.1 pct 
 S&P 500 close previous trading day       .SPX              -0.6 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    

 (RM: helena.soderpalm.thomsonreuters.com@reuters.net)