NORDIC DAYBOOK: AT&T’s T-Mobile Buy May Crimp Ericsson Margins

AT&T Inc. (T)’s $39 billion agreement to buy T-Mobile USA from Deutsche Telekom AG may spell fewer orders and thinner margins for Ericsson AB and other telecommunications-equipment suppliers.


WHAT TO WATCH: * Finland’s February jobless rate, 8 a.m.

EARNINGS: * Skistar (SKISB SS) 2Q, 7:30 a.m. * Erria (ERRI DC) FY * Topsil Semiconductor Materials (TPSL DC) FY

COMPANIES: * Danske Bank (DANSKE DC) subscription period starts for 20 billion-krone rights issue * BW Offshore (BWO NO) capital markets day, 9 a.m. * Outotec (OTE1V FH) AGM, 10 a.m. * Kemira (KRA1V FH) AGM, 12 noon * Vacon (VAC1V FH) AGM, 2 p.m. * Stockmann (STCBV FH) AGM, 3 p.m. * Jyske Bank (JYSK DC) AGM, 3 p.m. * Sparekassen Hvetbo (HVETBO DC) AGM, 4 p.m. * Sparbank (SPB DC) AGM, 5:30 p.m. * Toender Bank (TNDR DC) AGM, 6 p.m. * Telenor (TEL NO) Citi 11th Annual European and CEEMEA Telecoms Conference, London * DNO International ASA (DNO) ’s block 47 in Hadramout, Yemen will start producing oil soon, the state-run Saba news agency reported, citing the head of Yemen’s Petroleum Exploration & Production Authority

MARKETS: * Nasdaq OMX Helsinki 25 Index rose 2.2% to 2,575.09 * The OMX Stockholm 30 Index added 1.4% to 1,106.92 * Oslo’s OBX Index gained 1.3% to 404.13 * The Copenhagen 20 Index lost 0.3% to 460.52 * Swedish krona -- U.S. 6.26426 - EU 8.9139 * Norwegian krone -- U.S. 5.5455 - EU 7.8916

ECONOMY: * Forecast for the Finnish economy published by the PTT research institute, 9 a.m. * Iceland’s wage indexes, 10 a.m.

BOND MARKET: * Danish central bank sells 2.5% bonds due 2016 and 3% bonds due 2021, 10:15 a.m.

GOVERNMENT: * Finland’s President Tarja Halonen hosts a debate on sustainable development, 9 a.m. * Finland’s foreign direct investment is debated by Foreign Minister Alexander Stubb and Environment Minister Paula Lehtomaeki at an event organized by the American Chamber of Commerce in Finland, 11 a.m.

CONFERENCES: * Green Ship Technology Conference (March 21-23)

To contact the editor responsible for this story: Kati Pohjanpalo at

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