October 5, 2016 / 6:21 AM / a year ago

NORDIC STOCKS - Factors to watch on Oct 5

The following stocks may be affected by newspaper reports and other factors on Wednesday:


ZF Friedrichshafen said it will not complete its bid for Haldex after gaining acceptance of only 9.59 percent of shares. The shares tendered would be returned automatically to their owners, it added.

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September preliminary net orders of heavy trucks (class 8) in North America, one of Swedish Volvo’s biggest markets, declined to 13,900 units, industry data provider ACT Research reported late on Tuesday.

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UBS has cut its rating on the Swedish engineering stock to neutral from buy while tweaking its target price to 170 Swedish crowns from 165. Trelleborg shares closed at 170.2 crowns in Stockholm on Tuesday.

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Reporting by Copenhagen, Oslo, Helsinki and Stockholm newsrooms

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