June 16 (Reuters) – The following stocks may be affected by newspaper reports and other factors on Wednesday:
VOLVO (VOLVb.ST)
The world number two truck maker said on Wednesday shipments of its trucks rose 44 percent year-on-year in May as markets recovered from the worst downturn in decades.
Volvo said shipments rose 25 percent in Europe from a year ago while they climbed 35 percent in North America.
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For more on the company, double click [VOLVb.ST]
VESTAS WIND SYSTEMS (VWS.CO), DONG ENERGY [DONG.UL]
Denmark’s state-owned DONG Energy says offshore wind turbines are too expensive and wants prices to be cut by 30 percent through large framework deals with suppliers, financial daily Borsen said.
DONG has said it is willing to look at turbines from others than its preferred supplier, Siemens (SIEGn.DE), which opens the door for Danish turbine manufacturer Vestas, the newspaper said.
For more on the company, double click [VWS.CO]
ELECTROLUX (ELUXb.ST)
North American shipments of the six top categories of white goods, AHAM 6, rose 10.4 percent in May compared to the same month last year, data from industry organisation the Association of Home Appliance Manufacturers (AHAM) showed.
Shipments have increased 9.3 percent in the first five months of the year.
For more on the company, double click [ELUXb.ST]
SAS (SAS.ST) (SAS.CO) (SASNOK.OL)
The Swedish Airline Pilots Association took out its members on strike on Wednesday, basically grounding all domestic flights in the Nordic country through much of the day.
The union said in a statement it had not been able to agree with employers on the size of pay cuts at airline Avia Express, the issue at the centre of the conflict. However, employees at other airlines were also taken out on strike.
For more on the company, double click [SAS.ST]
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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) (Helsinki Newsroom; +358-9-6805-0244)