*Initiates succession planning for chairman and CEO. *Mathew to retire as chairman and chief executive officer by May 2014. *Board has engaged Spencer Stuart, to advise on the matter and will consider.
*JP Morgan raises target price to Nok 90 from Nok 85; rating neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Exane BNP Paribas raises target price to Nok 82 from Nok 79; rating neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Nomura raises target price to Nok 100 from Nok 90; rating buy. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
By Camilla Knudsen and Mia Shanley. OSLO/ STOCKHOLM, April 26- Norway's largest bank, DNB, said on Friday it may have seen the worst for bad loans in the troubled shipping sector and forecast stronger lending income in the months ahead after reporting better than expected first-quarter profits.
HELSINKI, April 26- The following stocks may be affected by newspaper reports and other factors on Friday:. For more on the company, double-click on TELENOR. For more on the company, double-click on OUTOTEC.
HELSINKI, April 26- The following stocks may be affected by newspaper reports and other factors on Friday:. For more on the company, double-click on TELENOR. For more on the company, double-click on OUTOTEC.
HELSINKI, April 26- The following stocks may be affected by newspaper reports and other factors on Friday:. For more on the company, double-click on TELENOR. For more on the company, double-click on OUTOTEC.
HELSINKI, April 26- The following stocks may be affected by newspaper reports and other factors on Friday:. The Finnish construction company, due to publish quarterly results at 0500 GMT, is expected to report a 7.8 percent rise in first-quarter core profit, helped by growing residential sales in Russia.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Zoetis' over $2 billion public offering is the largest from a U.S. company since Facebook raised $16 billion last May.
Goldman Sachs and Morgan Stanley retained their positions as the No. 1 and 2 M&A advisers globally, respectively, this year.