UPDATE 2-NORDIC STOCKS-Factors to watch on Nov 11

HELSINKI, Nov 11 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Wednesday: FINNAIR, NOKIA SIEMENS NETWORKS The loss-making Finnish airline has named Mika Vehvilainen as its new chief executive effective Jan. 5, as the industry struggles with a collapse in demand during the global recession. Vehvilainen has worked at Nokia since 1991, and was tasked with meshing together the Nokia and Siemens parts of the telecom equipment joint venture, which was announced in 2006 and started operations in 2007. His departure from NSN comes some two months after its former CEO, Simon Beresford-Wylie, also said he would resign. For more on the companies, double click on SWEDISH BANKS Shareholders in Swedish banks SEB and Swedbank will be left without dividends next spring, Dagens Industri concluded in a report on Wednesday.

Neither of the banks have made deductions for dividends in their calculations according to their recent quarterly reports. However, Nordea and Handelsbanken shareholders may see dividend payouts next year, the paper said. For more on the companies, double click on SECURITAS The security services firm posted third-quarter operating earnings in line with market expectations and said it would continue to take advantage of acquisition opportunities. Earnings before interest, tax and amortisation (EBITA) were 944 million Swedish crowns versus a year-ago 868 million to come in near the 940 million seen in a Reuters poll of 12 analysts. For more on the company, double click on DNO INTERNATIONAL The Norwegian oil producer made a lower than expected third-quarter operating profit and said it would continue to focus on local sales in Iraq until a payment deal for exports was in place. Operating profit rose to 148 million Norwegian crowns ($26.45 million) in the third quarter from 27 million in the second, lagging the 545 million median forecast from analysts For more on the company, double click on GN STORE NORD The Danish hearing aid and headset maker swung back to core profits from a year-ago loss in the third quarter, roughly in line with forecasts, and kept its full-year earnings guidance unchanged. For more on the company, double click on GENMAB The Danish biopharma group reported deeper third-quarter losses after the bourse closed on Tuesday and repeated the downgraded 2009 guidance that it gave last week. For more on the company, double click on LUNDIN PETROLEUM The Swedish oil firm missed forecasts for third-quarter pretax profit and said it expected production for the full year to be in the mid range of its guidance. For more on the company, double click NOKIAN RENKAAT The Finnish tyre maker said Black Rock Investment Management had raised it stake in it to 5.02 percent of shares and votes. For more on the company, double click ERICSSON Swedish telecoms equipment maker said late on Tuesday it was to remove the bulk of its activities from a facility in central England with the loss of about 700 jobs. For more on the company, double click ** For a summary of upcoming results and forecasts, double click on ** For the western European company diary covering earnings, shareholder meetings, news conferences and analysts' meetings, click on or type in the code and hit the f9 button. ** Double click on for Swedish indices, for Danish indices, for Finnish indices and for Norwegian indices ** For real-time moves on Nordic blue-chip indices double click on,, and ** For constituent stock moves highlight the above codes in the command box and press the f3 button on your keyboard ** For Nordic top news items, double click on ** For the latest news on Nordic stock price moves double click on (Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) (Helsinki Newsroom; [phone]) ($1=4.968 Danish Crown) ($1=5.596 Norwegian Crown) Keywords: MARKETS NORDICS FACTORS/ =2 HELSINKI COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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