news blog from Anglea

SONY ERICSSON (ERICb.ST)Mobile handset maker Sony Ericsson’s third-quarter profit was in line with expectations, but it was tight-lipped about a report electronics giant Sony was set to take full ownership of the brand.Pretax profit was 31 million euros ($42 million), just higher than the mean forecast of 27 million euros in a Reuters poll and a swing back from a loss of 42 million in the previous quarter.For more on the companies, click on [ERICb.ST],DANSKE BANK , POHJOLA BANKCredit rating agency Fitch has put several large and relatively highly rated European banks, including Danske Bank and Pohjola Bank, under review for a possible downgrade.Currently Fitch rates Danske Bank a+/A+ and Pohjola Bank aa-/AA-.For more on the companies, click onKESKOFinnish retailer and wholesaler said its sales increased 6.3 percent in September from the same month a year earlier. Its total food trade rose 7.6 percent but hardware sales in Finland fell 0.9 percent from a year ago.In August, Kesko’s sales rose 11.4 percent year-on-year.For more on the companies, click onTELIASONERATeliaSonera said late on Thursday it had acquired two licenses in Sweden in the 1800 MHz frequency band in an auction.The licences are valid for 25 years starting from 2013, and the costs for the new frequency blocks in total are 920 million Swedish crowns ($137,6 million).The payment to the Swedish Post and Telecom Agency will be made during the fourth quarter of 2011.For more on the company, click onLUNDBECKThe Danish pharmaceuticals group will establish its own research center in Shanghai, China, it said on Friday. The company is also planning to establish a local packaging factory, aimed at servicing the Chinese market, it said in a press release.For more on the company, click on** 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 <0#.INDEX.ST> for Swedish indices, <0#.INDEX.CO> for Danish indices, <0#.INDEX.HE> for Finnish indices and <0#.INDEX.OL> 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