NORDIC DAYBOOK: Moody’s Cuts Rating of Danske Bank, Spar Nord

Moody’s Investors Service cuts long-term ratings of Danish lenders including Danske Bank A/S (DANSKE) and Spar Nord Bank A/S (SPNO) after the failure of Amagerbanken A/S.

ALL TIMES CET

WHAT TO WATCH: * DNO ASA (DNO NO) 4Q, 7:30 a.m., net est. NK61m * Norsk Hydro ASA (NHY) 4Q, 7:30 a.m., net est. NK317m * Volvo AB (VOLVB) January Truck Deliveries, 8:30 am * Seadrill Ltd. (SDRL) will close the book at 12 p.m. in Oslo after its private placement for North Atlantic Drilling was fully covered.

MARKETS: * Nasdaq OMX Helsinki 25 Index fell 0.8% to 2,644.07 * The OMX Stockholm 30 Index fell 0.7% to 1,125.85 * Oslo’s OBX Index fell 0.6% to 405.63 * The Copenhagen 20 Index fell less than 0.1% to 471.82 * Swedish krona -- U.S. 6.4678 - EU 8.7406 * Norwegian krone -- U.S. 5.8028 - EU 7.8595

EARNINGS: * Storebrand ASA (STB) 4Q, 7:30 a.m., net est. NK615m. * Saab AB (SAABB) 4Q, 7:30 a.m., net est. SK7.8m. * Kinnevik Investment AB (KINVB SS) 4Q, 8 a.m. * Hakon Investment AB (HAKN SS) 4Q, 8 a.m * Norwegian Air Shuttle ASA (NAS NO) 4Q, 8:30 a.m., net est. loss NK13.9m. * Fred. Olsen Energy ASA (FOE NO) 4Q, 8:30 a.m., net est. NK564.2m.

* Ramirent Oyj (RMR1V) (RMR1V FH) 4Q, 8:00 a.m., net est. EU7.1m. * Alma Media Corp. (ALN1V FH) 4Q, 8:00 a.m., net est. EU10.2m. * Farstad Shipping ASA (FAR) 4Q. * Fornebu Utvikling (FBU NO) 4Q. * Polarcus Ltd. (PLCS) 4Q. * Wilh. Wilhelmsen Holding ASA (WWI NO) 4Q. * Hurtigruten Group ASA (HRG NO) 4Q. * Kreditbanken (KRE) A/S FY.

ECONOMY: * Sweden inflation report by TNS Prospera, 8:30 a.m.

GOVERNMENT: * Finland’s parliament’s constitutional committee may publish its decision on former Prime Minister Matti Vanhanen’s campaign funding actions, state-owned broadcaster YLE reported. The committee is deciding whether to send the case to the parliament plenary for a vote on trying the case in the High Court of Impeachment. * Finland’s Prime Minister Mari Kiviniemi speaks at a seminar on intergenerational equity, 8 a.m.

COMPANIES: * Oriflame Cosmetics SA (ORI) 4Q ADJ EPS after dilution E0.97/share * Peab AB (PEABB) FY EPS before dilution SK4.11 vs SK4.52 * Cermaq ASA (CEQ) 4Q net NK536.3M, net est. NK299m. * Det Norske Oljeselskap ASA (DETNOR) 4Q net loss NK312.1m, analyst est NK153m loss. * Nokia Oyj (NOK1V) (NOK1V FH). TPG Capital, Gores Group LLC and a third private equity firm are competing to buy a stake in Nokia Siemens Networks after Blackstone Group LP lost interest, according to three people with knowledge of the discussions. * Sampo (SAMAS) Oyj Chairman Bjoern Wahlroos speaks at the Confederation for Finnish Industries’ seminar on taxation in Helsinki, 2 p.m. * Statoil ASA (STL) press conference on Gullfaks incident at 2 p.m.

To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net

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