Danske Markets

TeliaSonera First-Quarter Net Misses Estimates as Sales Fall

TeliaSonera AB, Sweden’s biggest phone company, reported first-quarter profit that missed analysts’ estimates as sales declined in its Nordic markets amid increased competition.

Orkla Poised to Target Paintmaker Tikkurila, Danske Markets Says

Orkla ASA, the Norwegian maker of frozen pizza and bathroom cleaners, may be preparing a takeover bid for Finnish paintmaker Tikkurila Oyj, according to Danske Bank A/S.

Frontline Seen Rising 36% on Record Chinese Oil Cargoes: Freight

China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and returning John Fredriksen’s Frontline 2012 Ltd. to profit.

Hess Refining Exit Seen Unlikely to Spur U.S. Gasoline Imports

Hess Corp.’s plan to exit oil refining, including closing a plant with a daily capacity of 70,000 barrels, is unlikely to spur imports of European gasoline into the U.S., analysts said.

Danish Banks Face Funding Relief as Bail-In Isolation Ends

Danish banks may get better access to funding as the country’s bail-in laws look set to spread, ending Denmark’s isolation, as global regulators call for stricter resolution laws for the biggest lenders.

Ossur Gains as Danske Sees Dividend Payments: Copenhagen Mover

Ossur Hf, the prosthetics maker whose artificial feet are used by Olympic runner Oscar Pistorius, rose the most in two weeks in Copenhagen after Danske Markets said the company may start returning cash to investors.

Fed Dissenters, Euro Transaction Tax, Zynga, Apple, Melanoma: Compliance

Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said the Fed will probably need to raise interest rates before mid-2013 and that policy makers should have waited to see how the economy performed before pledging to hold rates at record lows for two years.

Vestas Valuation Tempting Buyers Tilting at Windmills: Real M&A

For companies prepared to buy into the future of wind power, Vestas Wind Systems A/S offers the chance to grab the world’s largest turbine maker for less than it would be valued at in a fire sale.

Vestas Rises as Danske Says Drop Is ‘Overdone’: Copenhagen Mover

Vestas Wind Systems A/S, the biggest maker of wind turbines, climbed to a six-week high in Copenhagen after Danske Bank A/S recommended buying the shares, saying investor concerns about demand and the impact of a mooted rights offer are “overdone.”

Vestjysk Bank Hits Two-Decade Low as Rescue Options Dwindle

Vestjysk Bank A/S dropped to the lowest price in Copenhagen trading in at least two decades after local media said Denmark’s biggest banks won’t contribute to a rescue.

"The industry outlook is still mixed but not deteriorating to the extent the share price discounts."

- Danske Markets on Mar 19, 2012

Denmark

China

Shell Targeted With BP in EU Price Fixing Probe for Oil: Energy

Soldier Who Led Sex-Abuse Prevention Under Investigation

Hon Hai Profit Misses Estimates on Slowing Apple Orders

Kansas Moves to NCAA Title Second-Favorite With Wiggins Addition

Pentagon Furloughs of 680,000 Seeks to Save $1.8 Billion