Tuesday September 1, 07:33 AM
UPDATE 1-NORDIC STOCKS - Factors to watch on Sept 1
HELSINKI, Sept 1 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Tuesday:
NORDEA, FIONIA
Nordic banking group Nordea is taking over just 6.5 billion Danish
crowns ($1.25 billion) worth of Danish Fionia Bank's total loans of 17 billion, while the rest -- deemed 'very risky corporate commitments' -- remain with the state administrator Finansiel Stabilitet, Berlingske Tidende said.
Nordea announced on Monday that it would pay 121 million euros ($172.9 million) to buy the viable parts of Fionia Bank (Copenhagen: AMSP.CO - news) .
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NOKIA (Xetra: 870737 - news)
The top mobile phone maker has delayed to next year the launch of its music service in the United States, the world's largest music market, Forbes magazine reported online on Monday, quoting a Nokia spokeswoman.
A Nokia spokeswoman told Reuters the firm has not given any date on launching the service in the U.S.
'We've actually not given a firm time-frame yet for when it will be launched in North America. Our priority is on creating and delivering an optimal experience as we roll this service out in each market,' the spokeswoman said.
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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms)
(Helsinki Newsroom; +358-9-6805-0244)
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