Microsoft Corp. (MSFT) will pay Nokia Oyj more than $1 billion to promote and develop Windows-based handsets as part of their smartphone software agreement, according to two people with knowledge of the terms.
WHAT TO WATCH: * U.S. Vice President Joe Biden meet’s Finland’s President Tarja Halonen in Helsinki, 10:15 a.m.
EARNINGS: * Elekta (EKTAB SS) 3Q, 7:30 a.m., net est. SK212m * BoConcept (BOCONB DC) 3Q * Egetaepper (EGEB DC) 3Q * Harboes Bryggeri (HARBB DC) 3Q * DLH (DLHB DC), FY and EGM * Topdanmark (TOP DC) 4Q, noon, net est. DK331 mln; teleconference, 3:30 p.m. * Topotarget (TOPO DC) FY; teleconference 2 p.m.
MARKETS: * Nasdaq OMX Helsinki 25 Index rose 0.3% to 2,576.42 * The OMX Stockholm 30 Index added 0.5% to 1,117.98 * Oslo’s OBX Index fell 0.4% to 408.94 * The Copenhagen 20 Index decreased 0.3% to 468.22 * Swedish krona -- U.S. 6.348 -- EU 8.8747 * Norwegian krone -- U.S. 5.5605 -- EU 7.775
COMPANIES: * Norwegian Air Shuttle (NAS NO) February traffic data, 8 a.m. * Finnair (FIA1S FH) February traffic data, 8 a.m. * Nordjyske Bank (NORDJB DC) AGM * Norresundby Bank (NRSU DC) AGM * Cargotec (CGCBV FH) AGM, 12 noon
BOND MARKET: * Danish Central Bank to sell 2.5% 2016 bonds, 3% 2021 bonds
ECONOMY: * Forecast for Finland’s economy published by Sampo Bank, a unit of Danske Bank, 8:30 a.m. * Riksbank’s Svensson speaks on inflation in Lulea, 10 a.m. * Riksbank’s Ekholm speaks at SNS seminar, 4 p.m.
GOVERNMENT: * Finland’s parliament discusses proposal for new mining law, 11 a.m.
To contact the editor responsible for this story: Gelu Sulugiuc at email@example.com