October 7, 2013 / 5:56 AM / in 4 years

NORDIC STOCKS - Factors to watch on Oct 7

(Adds Subsea 7)

HELSINKI, Oct 7 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:


Oslo-listed oil services firm Subsea 7 plans to up to repurchase $200 million worth of its own shares in the open market over the next 12 months, the firm said on Monday.

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The Danish insulin maker could spend as much as 20 billion crowns ($3.65 billion) in total until 2020 on six diabetes medication tablets under development, business daily Borsen said.

Successful development could open a new market for tablet-form diabetes care worth more than 100 billion crowns, its chief financial officer said in the report.

For more on the company, double click.


Finnish daily Helsingin Sanomat reported that the telecoms operator plans to reduce around 200 jobs, with half of them being transferred to software services company Tata Consultancy Services.

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$1 = 5.4869 Danish crowns

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