Marshall Wace new public short seller in Raysearch Laboratories
Marshall Wace has taken a publicly disclosed short position equivalent to 0.51 percent of the capital in medical technology company Raysearch Laboratories. There are six publicly disclosed short sellers in the company. In total, 9.19 percent of the capital in the company is shorted. The Swedish Financial Supervisory Authority requires positions above 0.1 percent to […]
Volvo Cars: Citi maintains Sell, cuts price target to SEK 15
Citi cuts its price target for automaker Volvo Cars to SEK 15 from 16 and maintains its Sell rating with high risk. The bank cuts its earnings forecasts for 2026-2028 by around 17 percent to SEK 1.59, 2.00 and 2.51 per share, respectively. Citi expects the automotive margin to decline to 0.7 percent in the […]
Nvidia-backed Iambic Therapeutics files for stock market listing
AI pharmaceutical company Iambic Therapeutics has applied for a stock market listing on Nasdaq under the ticker IAM. Details of the listing have not been disclosed. The capital will primarily be used to develop three cancer drug candidates. Iambic was founded in 2019 and has so far raised around 462 million dollars from investors including […]
SB1 and Ålandsbanken remain positive on Novo Nordisk after capital markets day
The Danish pharmaceutical company Novo Nordisk’s capital markets day was followed by a share price decline of nearly 8 percent, but both SB1 Markets and Ålandsbanken maintain a positive view of the pharmaceutical company. SB1 believes Novo still needs to prove that growth can accelerate, while Ålandsbanken views the share price reaction as a clear […]
NoHo Partners seeks listing of EUR 50 million bond
NoHo Partners has applied to list its senior secured EUR 50 million bond on Nasdaq Helsinki. The bond matures on 10 September 2030 and carries a floating interest rate of three-month Euribor plus 4.375 percentage points. Trading is expected to commence around 25 September.
Mostly slightly higher on European stock exchanges, Stoxx 600 index rises 0.1 percent
Leading European stock exchanges are edging higher at lunchtime on Tuesday, while oil has turned lower. The broad European Stoxx 600 index was up 0.14 percent at 642.81 at 10:49. During the day, the index has traded within a range of 0.71 percent at the low and 1.26 percent at the high. By sector, retail […]
Byggpartner Gruppen receives order for multi-purpose arena in Linköping worth SEK 470 million
Construction group Byggpartner Gruppen’s subsidiary Åhlin & Ekeroth Byggnad has been entrusted by Lejonfastigheter, as the design-and-build contractor in a collaborative arrangement, to proceed to phase 2 of the construction of Linköping’s new multi-purpose arena at Stångebrofältet. The remaining order value is SEK 470 million, according to a press release. The facility will be a […]
Deutsche Bank raises target price for ABB to 76 Swiss francs, reiterates Hold
Deutsche Bank reiterates its Hold rating on power and automation company ABB and raises its target price to 76 Swiss francs from 74. The bank’s channel data points to continued strong demand from data centers, and Deutsche Bank expects ABB to raise its 2026 organic growth forecast to between the low and mid-teens. At the […]
Orkla CFO buys shares worth NOK 1.9 million
Norwegian food company Orkla’s CFO and EVP Finance Arve Regland’s related company K9 Invest has bought 20,000 shares in Orkla. The shares were bought on 22 September at a price of NOK 92.58 per share on the Oslo Stock Exchange. The purchase price amounted to NOK 1.9 million. Following the transaction, Regland and related parties […]
Deutsche Bank raises its price target for ABB to 76 Swiss francs (74), reiterates Hold
Deutsche Bank raises its price target for ABB to 76 Swiss francs (74), reiterates Hold
