Swedish stocks: Seen opening lower, Dustin Q2 profit beats expectations
11/04/2018 07:48
** Swedish shares seen opening lower on Wednesday roughly in line with
European markets
** Asian stocks pare gains on US-China trade tensions, escalating tensions
in Syria ID:nL3N1RO2FS
** Alexion ALXN.O to buy Swedish biotech Wilson Therapeutics WTX.ST for
$855 mln ID:nL8N1RO12E
** Dustin Group DUST.ST Q2 operating profit SEK 131 mln vs SEK 121 mln
seen in Reuters poll ID:nFWN1RO01U
** The new chairman of Scandinavian airline SAS SAS.ST Carsten Dilling
expects a wave of acquisitions in the airline industry in Europe, Norwegian
business paper Dagens Naeringsliv reported on Wednesday ID:nL8N1RO0Y8
** Berenberg starts coverage of Ericsson ERICb.ST with hold recommendation
and target price of 55 SEK vs closing price of 53.14 crowns on Tuesday
** Deutsche Bank raises its target price for Sandvik SAND.ST to 150 SEK
from 145 SEK
** Deutsche Bank raises its recommendation on SKF SKFb.ST to buy from
hold, lifts target price to 210 SEK from 206 SEK vs closing price of 174.65
crowns on Tuesday
** JP Morgan raises its SKF price target to SEK 180 from SEK 175 and lifts
its price target on Swedish Match SWMA.ST to SEK 345 from SEK 330 vs closing
price of 386 crowns
** Deutsche Bank cuts Assa Abloy ASSAb.ST recommendation to hold from buy
** Kepler Chevreux raises its recommendations on Com Hem COMH.ST and on
Tele2 TEL2b.ST to buy from hold, according to news agency Direkt, which refers
to Bloomberg
** Nordea lifts its recommendation on Balder BALDb.ST to buy from hold,
according to news agency Direkt
** Skanska SKAb.ST builds medical school facility in U.S. for $63 mln
ID:nFWN1RO06E
** Skanska wins order in North Carolina worth $85 mln ID:nFWN1RO01W
IG pre-market trading Stockholm OMXS30 -0.2 pct
Stoxx Europe 50 future STXEc1 -0.4 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS +0.1 pct
S&P 500 close previous trading day .SPX +1.7 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM:olof.swahnberg.thomsonreuters.com@reuters.net and
helena.soderpalm.thomsonreuters.com@reuters.net)