The following stocks may be affected by newspaper reports and
other factors on Tuesday:
ERICSSON ERICb.ST , NOKIA NOKIA.HE
The Swedish mobile telecom equipment maker posted
second-quarter operating profit and sales below market
expectations and said it was cutting costs further to match weak
demand.
Operating profit was 2.8 billion Swedish crowns ($327
million), below a mean forecast of 3.0 billion crowns in a
Reuters poll. urn:newsml:reuters.com:*:nL8N1A42H2
Finnish rival Nokia is yet to publish its second-quarter
results.
For more on the companies, click on ERICb.ST NOKIA.HE
TELENOR TEL.OL
The Norwegian mobile phone operator lifted ambitions for its
EBITDA margin this year despite a cut in expectations for
revenue, and reported second-quarter core earnings above
forecast. urn:newsml:reuters.com:*:nL8N1A50HN
For more on the company, click on TEL.OL
VOLVO VOLVb.ST
Truck maker Volvo posted forecast-beating quarterly earnings
as cost cuts and strong deliveries in Europe helped fortify it
against rapidly slumping demand for commercial vehicles in the
United States.
Adjusted operating earnings at Volvo rose to 6.13 billion
Swedish crowns, beating a mean forecast of 5.64 billion in
Reuters poll of analysts. urn:newsml:reuters.com:*:nL8N1A41YU
For more on the company, click on VOLVb.ST
SCHIBSTED SBSTA.OL
The Norwegian publishing firm reported second-quarter core
earnings above forecast and repeated its mid to long term
outlook for revenue growth of 15-20 percent in its key online
classifieds business.
For more on the company, click on SBSTA.OL
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(Reporting by Copenhagen, Oslo, Helsinki and Stockholm
newsrooms)
((jussi.rosendahl@thomsonreuters.com; +358 9 6805 0248; Reuters
Messaging: jussi.rosendahl.thomsonreuters.com@reuters.net))
Keywords: NORDICS MARKETS/FACTORS