DFDS, EOC, Getinge, Norsk Hydro, Sandvik May Move: Nordic Stock Preview
The following companies may have unusual price changes in Nordic trading. Stock symbols are in parentheses and share prices are from the previous close.
The Stoxx Nordic 30 Index, a benchmark measure for the region, advanced 88.01, or 1.4 percent, to 6,486.99.
DFDS A/S (DFDS DC): Denmark’s biggest ferry operator completed its rights issue and will have gross proceeds of 554.7 million kroner ($93.7 million). The shares slipped 0.3 percent to 370 kroner.
EOC Ltd. (EOC NO): The Norwegian provider of offshore oil services in Asia said its third-quarter revenue was $18.5 million and the loss for the period was $3.4 million. The shares rose 2.4 percent to 6.35 kroner.
Getinge AB (GETIB SS): The world’s largest maker of surgical workstations said second-quarter net income rose to 487 million kronor ($64.8 million) from 330 million kronor a year earlier. Analysts had estimated a net income of 476 million kronor, according to a survey compiled by Bloomberg. Getinge shares gained 2.9 percent to 155 kronor.
Norsk Hydro ASA (NHY NO): Europe’s third-largest aluminum maker said it received subscriptions for 513 million new shares. The shares increased 2.4 percent to 32.56 kroner.
Sandvik AB (SAND SS): The world’s largest maker of metal- cutting tools was upgraded to “neutral” from “underweight” at JPMorgan Chase & Co. The shares climbed 2.5 percent to 96.55 kronor.
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