Voestalpine targets 3 billion euros in railway revenue
Steel giant Voestalpine expects to increase revenue in Railway Systems from around 2.2 billion euros to approximately 3 billion euros by 2030/2031. The company said this ahead of today’s Capital Markets Day. Growth will be driven by global investments in railway infrastructure and digitalization. The group also wants to expand in aviation, warehouse solutions, and […]
JP Morgan Asset Management back as public short seller in Vitec
JP Morgan Asset Management is back as a public short seller in the software company Vitec Software Group, according to the Swedish Financial Supervisory Authority’s register. There are four public short sellers in the company. In total, 4.95 percent of the company’s capital is shorted. The Swedish Financial Supervisory Authority requires positions above 0.1 percent […]
ABG Private Banking highlights Beijer Ref as this week’s Top Pick
ABG Private Banking highlights Beijer Ref as this week’s Top Pick and points to a recovery in organic growth and a higher pace of acquisitions. ABGSC expects 2 percent organic growth in the third quarter, compared with 1 percent in the second. Five acquisitions have been completed so far this year, and the latest deals […]
UK CBI industrial order trends above expectations in September
UK CBI industrial order trends came in above expectations in September. CBI industrial order trends rose to -9 from -25 the previous month. According to Bloomberg, the market expected a reading of -35. UKSeptember, 2026ConsensusAugust, 2026CBI industrial order trends-9-35-25Consensus data from Bloomberg
Swiss Properties Invest board member buys shares for 184,426 Danish kroner
Property company Swiss Properties Invest board member Michael Gregersen has bought a total of 1,826 shares in the company. The purchases were made on 18 and 21 September at a price of 101 Danish kroner per share on Nasdaq First North Growth Market. The total purchase price amounts to 184,426 Danish kroner.
China seeks to update guidelines on antitrust rules abroad – BN
China’s market regulator has put forward a draft of revised guidelines for Chinese companies’ compliance with antitrust rules abroad. Bloomberg reports, citing state-run CCTV. The proposal addresses, among other things, the latest developments in antitrust supervision and legal requirements in selected markets. The aim is to reduce companies’ legal risks abroad.
Bank of America raises forecast for Brent oil
Bank of America raises its forecast for Brent oil in the second half of this year to 95 dollars per barrel, from the previous 83 dollars, as the bank expects geopolitical tensions to persist through the end of the year. Reuters reports this. Disruptions to transport through the Strait of Hormuz are deemed to have […]
Trump: Russia has lost control of the oil industry
US President Donald Trump says that Russia has “lost control” of its diesel industry following Ukraine’s attacks on Russian refineries. CNBC reports. According to Trump, a large number of Russian refineries have been knocked out and at least temporarily taken offline. The statement comes as Trump wants Ukraine and Russia to agree to a ceasefire […]
Citi reiterates Neutral on Novo Nordisk, price target DKK 310
Citi reiterates its Neutral rating on pharmaceutical company Novo Nordisk with a price target of DKK 310. The capital markets day gave the bank little reason to change its cautious view. The growth ambition for 2026-2030 is in line with consensus, while the outlook for largely stable margins is weaker. Wegovy Pill and Cagrisema may […]
Street improvement project in central Stockholm inaugurated
The new streetscape in Bibliotekstan in central Stockholm was inaugurated on Tuesday. Some of Stockholm’s most frequented pedestrian streets have been given a new design with a more cohesive and accessible layout. The project was carried out in collaboration between the City of Stockholm and the property owners in the area, including Hufvudstaden. This is […]
