Swedish stocks: Seen higher, Ericsson ups 2020 sales target
08/11/2018 07:48
** Swedish shares seen opening higher on Thursday
** Ericsson ERICb.ST has raised its 2020 sales target to 210-220 billion
Swedish crowns, up from the earlier guidance of 190-200 billion, it said in a
statement ahead of its capital markets day on Thursday urn:newsml:reuters.com:*:nL4N1XJ2V2
** Swedish builder Skanska SKAb.ST reported a decline in Q3 order intake
and confirmed a fall in operating earnings that matched a profit warning issued
last month urn:newsml:reuters.com:*:nFWN1XJ011
** Jefferies has raised its recommendation for Veoneer VNEsdb.ST VNE.N
to buy from hold
** Hoist HOFI.ST has submitted an offer to acquire assets held by Polish
company GetBack at a value in excess of PLN 1 billion ($266.20 million)
** Reworld Media has made a bid of 3.17 SEK/share to buy Tradedoubler
TRAD.ST , a discount of 27.6 pct to Tradedoubler's closing price on Wednesday.
An independent bid committee in Tradedoubler recommends that shareholders accept
the bid urn:newsml:reuters.com:*:nFWN1XI1OG
** Sweco's SWECb.ST Q3 EBIT up year/year
** Recipharm's RECIb.ST Q3 EBITDA rose sharply year/year urn:newsml:reuters.com:*:nFWN1XJ05P
IG pre-market trading Stockholm OMXS30 +0.6 pct
Stoxx Europe 50 future STXEc1 +0.3 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS +0.5 pct
S&P 500 close previous trading day .SPX +2.1 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
($1 = 3.7566 zlotys)
(RM: johannes.hellstrom.thomsonreuters.com@reuters.net)