MORNING NEWS
17 March 2010
+ SAS (SAS.ST) - SAS to pay damages to Norwegian
+ SANDVIK - Lars Westerberg is suggested board member of Sandvik
+ SCANIA (SCVb.ST) – Scania returns to five-day work week
+ ASTRAZENECA (AZN.ST) – 700 loses their jobs in Lund
+ D. CARNEGIE & CO. - Three charged for stock option cheating
Wednesday, March 17, 2010
PREVIOUS TRADE DAY
Turnover: 13.323 billion
TODAY:
STOCKHOLM STOCK EXCHANGE: 14.30 Coastal Contacts
INTERNATIONAL: Inditex
EX. DIVIDEND:
Formpipe (SEK 0.50 ), Kemira (EUR 0.27 )
SHAREHOLDER MEETINGS:
Cision (extra), Dannemora Mineral (extra), Vestas Wind Systems
MACRO ECONOMIC AGENDA:
09.30 Statistics Sweden, real estate prices, February
10.30 UK, unemployment rate, February (7.8%)
11.00 EMU, labor cost index , Q4
11.00 EMU, construction production, January
13.30 USA, PPI, February (-0.2%) excluding Food and Energy (0.1%)
15.30 USA, Oil inventories USA, weekly statistics
MISCELLANEOUS:
9.30-10.30 NCC is holding a information meeting om new acounting rules
11.10 Swedish National Debt Office, resultat växelemission
12.00-13.30 SCA, lunch presentation with SFF with CEO Jan Johansson
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13.15-17.45 Remium holding oil with Alliance Oil, PA Resources, Vostok Nafta
och Tethys Oil among others
10.00 Iceland, centralbank inrest rate announcment
10.30 BOE, minutes from monetary policy meeting 3-4 March
16.20 Swedish National Debt Office, villkor obligationsemission
BOJ, räntebesked
Oil, Opec meeting in Vienna
Cision, last day of trade including subscription right in share issue
SAS (SAS.ST) - SAS to pay damages to Norwegian
The Scandinavian airline SAS will pay SEK 211m in damages and
legal costs to low price airline Norwegian. The damages concern
losses Norwegian claims to have got when SAS Braathens used
information from a booking system. (Dagens industri, 17 March)
SANDVIK (SAND.ST) - Lars Westerberg is suggested board member
of Sandvik
Lars Westerberg is one of Sweden's most influential people. Lars
Westerberg are already a board member in Volvo, steel company
SSAB and is president of Husqvarna, Autoliv and the national power
company Vattenfall. If he is elected board member of Sandvik he
will probably become the most influential board professional in the
Swedish business community. (Dagen industri, 17 March)
SCANIA (SCVb.ST) – Scania returns to five-day work week
Scania will return to a five-day work week for many of the
employees in April. With a high demand in Brazil listed as a key
reason. However, the final assembly plant in Södertälje and cab
assembly at Oskarshamn, which employs 2,000 employees will
continue to have a shorter work week. Scania has applied the four-
day work week since the summer of 2009 and has reduced the
number of employees by 3000, of which 2000 are substitutes.
(Dagens industri, 17 March)
 MORNING NEWS
17 March 2010

NEW YORK CLOSING ASTRAZENECA (AZN.ST) – 700 loses their jobs in Lund
Stock Diff local US closing USD Local close US. volumes AstraZeneca is letting 200 researchers move from Lund in Mölndal.
currency Thus it is clear that 700 employees in Lund lose their jobs sources to
ABB 0,0 21,4 151,0 1 731 378 Dagens Industri claims two weeks after the shocking announcement
AstraZeneca 0,1 44,4 313,8 1 286 322 on the closure in Lund. "There are substantial synergies by
Autoliv 0,6 48,0 339,0 849 463 combining research in respiratory and inflammation from Lund with
Ericsson B 0,5 11,3 79,5 5 817 421 our operations in Mölndal," says Gunnar Olson, global research
Millicom -2,5 88,3 627,0 425 478 director of AstraZeneca. Companies in the nearby town of Ideon
Norsk Hydro -0,3 23,2 41,6 47 947 want to take over part of AstraZeneca's operations in Lund. "We are
Nokia 0,1 15,1 107,0 21 456 307 interested in taking on interesting projects," says Svein Mathisen,
Novo Nordisk -0,2 77,6 419,0 214 255 CEO of Biovent. (Dagens industri, 17 March)
Pfizer -0,2 17,3 122,3 53 166 129
Royal Caribbean 0,5 31,1 180,7 2 306 115 D. CARNEGIE & CO. - Three charged for stock option cheating

Statoil 0,4 23,2 134,7 1 288 691 A handful of stock option transactions for approximately SEK 4m for
Frontline 1,3 31,2 180,4 764 715 a few months instead of the many transactions of SEK 630m over
UPM -0,1 12,4 9,0 12 203 two years. It's what three former Carnegie traders are prosecuted for
Volvo -0,1 9,9 70,2 7 159 in the affair which was the origin of Carnegie's fall. Yesterday
Acergy -0,1 18,7 109,2 192 379 economic crime prosecutor Yngve Rydberg handed in the lawsuit
against three former traders at Carnegie. "We chose some year-end
and some month-ends. Otherwise we would have had to sit in court
for 30-40 days. Our financial experts believe that these transactions
are sticking out, "he says. (Industry Day, 17 March)
CURRENCY / S&P SECTOR
PRICE CHANGE % INDEX PRICE CHANGE % PRICE CHANGE %
OIL INDEX
EUR/SEK 9,75 -0,07 OMXS30 1 020 0,65 Financial 211,43 1,27
USD/SEK 7,07 -0,35 HEX 7 238 1,07 Industrial 267,68 1,18
EUR/USD 1,38 -0,41 KFX 377 1,62 Pharmaceutical 371,60 0,22
USD/NOK 5,82 0,32 Hovedindeks 417 1,21 Technology 373,22 0,71
USD/DKK 5,40 0,39 DAX 5 971 1,14 Operators 106,65 0,20
WTI 1 month 82,1 0,47 Dow Jones 10 686 0,41 Paper 120,10 1,84
Nasdaq 2 378 0,67 Amex Oil 1 079,31 1,19
Nikkei 225 10 776 0,51 Oil Services 213,74 1,69
Hang Seng 2 966 -0,22

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 MORNING NEWS
17 March 2010

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